416 38th Street, Newport Beach

$4,998,000

6 Beds
6 Baths
5,250 Sqft
6,098 Sqft
2 Garages

An exceptional bay front value not to be missed and affording myriad lifestyle and vacation income possibilities with R-2 zoning designation! Quaint and charming Newport Island is home to this remarkable double lot bay front property with 60 feet of water frontage. Quiet and private and flooded with natural light given its open corner lot orientation, this comfortable six bedroom, five and one-half bath coastal Mediterranean-style home affords space rarely found along the waterfront. With a welcoming central atrium design the home’s gracious living and entertaining areas all open to an inviting bay front terrace, large enough to accommodate separate sunning and al fresco dining areas, as well as BBQ and a relaxing oversized spa from which to enjoy the water views. The adjoining private dock has accommodation for three boats and water toys and provides easy access to the main harbor. Upstairs features dual master suites with panoramic water views, an office and three additional guest bedrooms. Newport Island is one of the area’s hidden gems, offering a relaxed Island lifestyle that is just a short stroll to the city’s best beaches, surfing, shopping, entertainment and dining.

Essential Information
MLS® #NP17212899
Price$4,998,000
Bedrooms6
Bathrooms6.00
Full Baths5
Half Baths1
Square Footage5,250
Lot Square Footage6,098
Year Built1994
TypeResidential
Sub-TypeSingle Family
StyleMediterranean
StatusActive
Community Information
Address416 38th Street
AreaWest Newport - Lido (N8)
SubdivisionNewport Island (NEWI)
CityNewport Beach
CountyOrange
StateCA
Zip Code92663
Amenities
Parking Spaces2
# of Garages2
Is WaterfrontYes
PoolNone
Utilities

Sewer Connected, Water Connected

Parking

Garage, Direct Garage Access, See Remarks

View

Bay View, Canal View, City Lights View, Panoramic View, See Remarks, Water View

Waterfront

Channel/Canal Front, Lot on Navigable Water, Lot has Ocean Access, Bay Front, Lot Includes Dock, Lot on/near Seawall

Interior
HeatingZoned, Forced Air, Natural Gas
CoolingCentral A/C, Zoned A/C
FireplaceYes
FireplacesLiving Room, Master Bedroom
# of Stories2
StoriesTwo
Interior Features

Balcony, Built-Ins, Cathedral-Vaulted Ceilings, Chair Railings, Crown Moldings, High Ceilings (9 Feet+), Open Floor Plan, Wired for Sound

Appliances

6 Burner Stove, Barbecue, Dishwasher, Double Oven, Freezer, Garbage Disposal, Gas Range, Microwave, Refrigerator

Exterior
Exterior Features

Boat Slip, Dock Private, Lighting

Lot Description

Corner Lot, Level with Street, Park Nearby

School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedSeptember 14th, 2017
Days on Market219
ForeclosureYes
HOA Fees40
HOA Fees Freq.Annually
Listing Details
AgentTara Foster Shapiro(01892201)
OfficePacific Sotheby's Int'l Realty
Property History
Price Reduced from $5,398,000 to $4,998,000Price Reduced from $5,398,000 to $4,998,000

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Based on information from California Regional Multiple Listing Service, Inc. as of April 22nd, 2018 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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