2242 Channel Rd, Newport Beach, CA 92661

4 beds, 5 baths, 4,400 sqft
For Sale
$6,495,000
Zestimate®: $6,356,295
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EASY TO SHOW! PLEASE CALL FOR AN APPOINTMENT! 50 Wonderful feet of Bay Front with Fashion Island serving as a back drop!!!This stunning bay front property is ideally situated at a very desirable location on Balboa Peninsula Point. Premiere open channel location with ocean views and just seconds away from the world famous "Wedge" and beach. This lot provides a large covered waterfront patio for entertaining or simply relaxing! Panoramic views of watching yachts enter and exit the harbor from the patio, the main living area and the master suite provides hours of daily entertainment while enjoying life at its best! This home is very well maintained and has a comfortable floor plan which encompasses 4 large bedrooms, 5 bathrooms, wood paneled office with built-ins, large eat in kitchen, dining and living room and 3 car garage. There is a maids quarters with entry off the front gate or inside the garage.  MoreLess
Facts
  • Lot: 5,009 sqft
  • Single Family
  • Built in 1946
  • 474 days on Zillow
  • Cooling: None
  • Heating: Other
  • Last sold: Oct 2003 for $3,400,000
  • Price/sqft: $1,476
  • MLS #: NP14076128
Features
  • Fireplace
  • Flooring: Carpet
  • Parking: Garage, 5 spaces
Additional Features
  • Beamed Ceiling(s),Open Floor Plan (N)
Appliances Included
  • Dishwasher
  • Garbage disposal
Room Types
  • Family room
  • Office
  • Walk-in closet
Construction
  • Exterior material: Stucco
  • Roof type: Tile
  • Room count: 9
  • # Stories: 2.0
  • Structure type: Spanish
  • Unit count: 1
Other
  • Floor size: 4,400 sqft
  • Parcel #: 04829304
  • Zillow Home ID: 25135906
Home Values
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$6,356,295
+$423,474 Last 30 daysd
$5.28M
$7.12M
Zestimate range
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$12,097/mo
-$478 Last 30 daysd
$6.9K
$19K
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Neighborhood for 2242 Channel Road

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Zillow predicts Newport Beach home values will increase 3.6% next year, compared to a 8.8% rise for Los Angeles Metro as a whole. Among Newport Beach homes, this home is 362.2% more expensive than the midpoint (median) home, and is priced 100.5% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Newport Beach, the number of foreclosures waiting to be sold is 13.2% less than in Los Angeles Metro, and 57.1% less than the national average. This lower local number could help Newport Beach home values rise more quickly than other regions in Los Angeles Metro.

Learn more about forecast calculations or Newport Beach home values.
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