302 Kings Road, Newport Beach

$1,600,000

3 Beds
3 Baths
2,624 Sqft
.17 Acres
2 Garages

Probable harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine company leased land. Purchase price for the land is $1,638,000 -- good until Oct. 1, 2019. Lease ends 9/3/2038. Yearly lease is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house) and the option to purchase the land for $1,600,000. The home and the land prices together total $3,238,000. Being sold as is with no repairs or warranties by seller.

Essential Information
MLS® #NP19123957
Price$1,600,000
Bedrooms3
Bathrooms3.00
Full Baths2
Square Footage2,624
Acres0.17
Year Built1950
TypeResidential
Sub-TypeSingle Family
StatusActive
Community Information
Address302 Kings Road
AreaNewport Heights (N6)
SubdivisionKings Road (KGRD)
CityNewport Beach
CountyOrange
StateCA
Zip Code92663
Amenities
Parking Spaces2
# of Garages2
PoolNone
View

City Lights View, Peek-A-Boo View, Water View

Interior
HeatingCentral Furnace
CoolingNone
FireplaceYes
FireplacesLiving Room
# of Stories1
StoriesOne Level
Exterior
Lot DescriptionGentle Slope
School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedMay 28th, 2019
Days on Market137
HOA Fees0.00
Listing Details
AgentManny Stellino(00912924)
OfficeVilla Real Estate
Property History
Price Reduced from $2,495,000 to $1,600,000

Get directions to this property:

Properties for Sale Similar to 302 Kings Road, Newport Beach, CA

Photo of Listing #SW19236823
New Listing

308 36th Street, Newport Beach

$1,799,000 - 4 Beds, 2 Baths, 1,800 Sf

MLS® # SW19236823

Photo of Listing #OC19232634

319 Walnut Street, Newport Beach

$1,712,400 - 5 Beds, 3 Baths, 2,424 Sf

MLS® # OC19232634

Photo of Listing #OC19179399

2325 E 16th Street, Newport Beach

$1,499,000 - 4 Beds, 5 Baths, 3,445 Sf

MLS® # OC19179399

Based on information from California Regional Multiple Listing Service, Inc. as of October 13th, 2019 at 1:52pm 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.

Contact Team Laguna