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Key Details
Sold Price $5,950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG21124420
Sold Date 11/19/21
Bedrooms 7
HOA Fees $90/ann
HOA Y/N Yes
Lot Size 3,602 Sqft
Property Description
Prestigious Lido Isle in Newport Harbor is the location of this rare bayfront triplex property on a 40' wide lot. All of the fun of Newport Beach is out your door, swimming, sailing, bike riding, paddle boarding, and the newly updated Lido Village with its fine dining and high-end retail shops are an easy walk away. Lido Isle is the ultimate waterfront lifestyle community with its private Beach Club, summertime snack bar, parks, tennis courts, stradas and activities for the entire family including sailing and tennis instruction. Offered for sale for the first time in over 45 years, the property has spectacular waterfront vistas of the harbor, sits on a pristine sandy bay beach and all three units are flooded with natural light due to its corner location on the Lido Isle boat garden and sunny southern exposure. Unit A is a bayfront three bedroom, three bath, 1,567 sqft, with a waterfront patio and leases at $5,880 per month, unit B is an upstairs bayfront unit with two bedrooms, two baths, 1,491 sqft, and a waterside deck that leases at $4,388 per month, and unit C is a two bedroom, one and one-half bath, 862 sqft, unit over the garage that has waterfront vistas and leases at $2,500 per month. Come enjoy the Lido lifestyle.
Prestigious Lido Isle in Newport Harbor is the location of this rare bayfront triplex property on a 40' wide lot. All of the fun of Newport Beach is out your door, swimming, sailing, bike riding, paddle boarding, and the newly updated Lido Village with its fine dining and high-end retail shops are an easy walk away. Lido Isle is the ultimate waterfront lifestyle community with its private Beach Club, summertime snack bar, parks, tennis courts, stradas and activities for the entire family including sailing and tennis instruction. Offered for sale for the first time in over 45 years, the property has spectacular waterfront vistas of the harbor, sits on a pristine sandy bay beach and all three units are flooded with natural light due to its corner location on the Lido Isle boat garden and sunny southern exposure. Unit A is a bayfront three bedroom, three bath, 1,567 sqft, with a waterfront patio and leases at $5,880 per month, unit B is an upstairs bayfront unit with two bedrooms, two baths, 1,491 sqft, and a waterside deck that leases at $4,388 per month, and unit C is a two bedroom, one and one-half bath, 862 sqft, unit over the garage that has waterfront vistas and leases at $2,500 per month. Come enjoy the Lido lifestyle.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Estimated
Exterior
Exterior Feature Stucco
Building
Lot Description Corner Lot, Curbs
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
HOA Name Lido isle
Acceptable Financing Cash
Space Rent $5,880
Listing Terms Cash
Financing Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steve Roose • Luxury Real Estate