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$ 2,950,000
$ 2,950,000
1501 Cliff Drive Newport Beach, CA 92663
4 Beds
4 Baths
2,945 SqFt
UPDATED:
Key Details
Sold Price $2,950,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,945 sqft
Price per Sqft $1,001
MLS Listing ID NP25095295
Sold Date 05/28/25
Style Townhome
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1960
Lot Size 7,150 Sqft
Acres 0.1641
Property Sub-Type Townhome
Property Description
Presenting 1501 & 1503 Cliff Dr Two homes on one R2 lot in prime Newport Heights, offering strong value-add and rental upside. This never-before-sold property is a rare find with each residence consisting of 2-bed and 2-bath. Ideal for investors, developers, or owner-occupants seeking income potential. Add immediate value through cosmetic upgrades or explore redevelopment opportunities including potential condo conversion in one of Newport Beachs most desirable neighborhoods. 1501 Cliff Dr features a spacious living room with high ceilings and fireplace, a flexible family/dining area, kitchen, full bath, and downstairs bedroom. Upstairs is a large primary suite with en-suite bath and walk-in closet. 1503 Cliff Dr offers a similar layout with a living room, kitchen, full bath, and bedroom downstairs, and a large upstairs suite with full bathroom. Located in a highly walkable area close to top schools, 17th Street dining and retail, the Back Bay, and beaches, this property is loaded with potential for short- or long-term upside.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Fireplaces Type FP in Living Room
Equipment Dishwasher, Electric Oven, Electric Range
Appliance Dishwasher, Electric Oven, Electric Range
Laundry Laundry Room, Inside
Exterior
Parking Features Garage, Garage - Single Door, Garage - Two Door
Garage Spaces 3.0
Total Parking Spaces 5
Building
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $45
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
Bought with George Hanold • Times Real Estate CA