MLS® ID: NP19022257

700 Lido Park Drive

Newport Beach, California, 92663

$325,000 Pending
  • 3 Beds
  • 1 Baths
  • 1200 SQFT
This is the deal your client has been waiting for. Great opportunity to own a turn key little beach house, in a gated community literally in the middle of everything. Three houses to the bay and a short distance to the oceanfront, restaurants and stores. Beautifully redone in 2016 to include new floors, bathrooms, kitchen, interior and exterior doors and baseboards. Three of the last four sales, in Cannery Village, were made to prior owners or tenants. This owner bought another. This is priced at the comps which were original homes. The remodel is free! Leased land in Newport has historically been a way to afford to live on very expensive land. Areas in Newport that have or have had leased land are Bayshores, Newport Shores, Linda Isle, Dover Shores, Kings Road and more. The low monthly is $2347with an expiration of 2036. Upon expiration, with a good record and management approval, the lease can be extended in 5 year increments. Buyer must be approved by Cannery Village. To add to this idealic community no short term rentals are allowed. The buyer will, most likely, have to pay cash. And you though that your client couldn’t afford to be, at the beach, in Newport!
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Listing courtesy of Arbor Real Estate

Amenities

  • Full baths
    1
  • Half baths
    0
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    92663
  • Office name
    Arbor Real Estate
  • SQFT
    1200
  • Bedrooms
    3
  • School district
    Newport Mesa Unified
  • Elementary school
    Newport
  • Junior high
    Ensign
  • High school
    Newport Harbor
  • Year built
    2000
  • Sewer
    Public Sewer
  • Heating
    Heat Pump
  • Tax year
    0
  • Agent name
    Kay Polovina
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $300k-$400k
  • Square Feet Range
    1000-1500 sq ft.
  • Bedrooms Range
    3 Beds
  • Year Built Range
    2000-2009
  • Office ID
    U6821
  • Agent ID
    U19859

Location

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