Offered For Sale

2427 Margaret Drive

#PW25174094

RES

4/2

Built in 1954

$2,400,000

About the property

Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach’s most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type SingleFamilyResidence
  • Real Estate Type RES
  • Square Feet 1,159
  • Stories 1
  • Year Built 1,954
  • Agent Name Lucia Proulx
  • Broker Id PB14622
  • Office Name Coldwell Banker Realty
  • Days On Market 0
  • Status Active
  • Agent Cell 714-815-3644

Building

  • Cooling None
  • Exterior Features Sidewalks
    Street Lights
  • Heating Central

Location

  • Subdivision Newport Heights (NEWH)
  • View None

Location

Questions

Human check: how many dogs are below?

 

Submit