Orange County Real Estate Market Update - Spotlight: Huntington Beach CA by Scot Campbell

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Buildable Home Site For Sale: 3904 River Avenue, Newport Beach, CA | IN ESCROW | $2,350,000 The property is located along the waterfront in an area known as the Balboa Peninsula. The site is occupied by 1,782 square foot single family dwelling built in 1945 with 3 bedrooms, 2 baths, & 2 car garage. The lot is 28.57 feet wide and 100 feet deep. The site fronts River Avenue and backs to the Rivo Alto Waterway which is 100 feet across. The site appears to be developable for a 3-story single family residence of approximately 2,900 square feet, with boat dock, waterfront patio, 2 car garage, and rooftop living space. Sales comparables & active listings in the area support a sale price of $5,000,000 to $5,500,000 depending on the size, design merits, and finish quality of the New Structure. The seller has Preliminary Architectural Plans, Drainage & Grading plan, Landscaping Plan, Coastal Hazard Analysis Report, and Sea Wall Report.

3 Bdrms, 2 Baths | 2 Car Garage | 1,782 ASqFt | Lot is 28.57 feet wide and 100 feet deep


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