2427 Margaret Drive
Newport Beach, CA 92663
1159 sqft | 4 beds | 2 baths | 0.20 acres | #PW25174094
Description
Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach’s most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.
Property Details
- InteriorSeparateFormalDiningRoom, AllBedroomsDown
- SubdivisionNewport Heights (NEWH)
- Property SubtypeSingleFamilyResidence
- School DistrictNewport Mesa Unified
- Sewer InformationPublicSewer
- Original List Price$2,400,000
- MLS #PW25174094
- MLS #PW25174094
- Lot DescriptionBackYard
- Property TypePurchase
- Cost2400000
- Acres0.1989
- Utility SourcePublic
- CountyOrange
- Structure TypeHouse
- Square Feet1159
- Year Built1954
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
- Parking Spaces1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Lucia Proulx (#PPROLUC)
Listing Office: Coldwell Banker Realty (#PB14622)
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