4204 River Avenue, Newport Beach, CA 92663 (MLS # OC26229647)

Price $5,500,000
Status Active
Beds 6
Baths 4 Baths
Home size 3,202 sqft
Lot Size 4,444 sqft
Days on Market 1
RARE NEWPORT BEACH WATERFRONT OPPORTUNITY WITH DUAL WATER FRONTAGE AND PRIVATE BOAT DOCK! Acquire a distinctive waterfront property combining boating access, income potential, and redevelopment possibilities in desirable Newport Beach. Situated on an approximately 4,500-square-foot lot along the Newport Canal, 4204 River Avenue is a compelling opportunity for investors, builders, boating enthusiasts, and buyers looking to create their dream waterfront residence. The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued. What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm. For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow. Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals.
Property Type(s): Single Family
Last Updated 10/23/2026 Tract West Newport Beach (WSNB)
Year Built 1955 Community N8 - West Newport - Lido
Garage Spaces 3.0 County Orange

Price History

Prior to Oct 23, '26 $5,200,000
Oct 23, '26 - Today $5,500,000

Additional Details

AIR None
APPLIANCES Gas Oven
AREA N8 - West Newport - Lido
EXTERIOR Boat Slip, Dock
GARAGE Attached Garage, Yes
INTERIOR In-Law Floorplan
LOT 4443 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 4443
PARKING Attached, Direct Access, Garage, Off Street, Workshop in Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES One, Two
STYLE Bungalow
SUBDIVISION West Newport Beach (WSNB)
UTILITIES Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Canal, City Lights, Marina, Ocean, Water
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Beach Access, Canal Front, Navigable Water, Ocean Access, Seawall

Location

Listed with First Team Real Estate

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