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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$8,795,000

Est. payment - /mo

5 Beds

3 Baths

2,691 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,691 sqft

Price per Sqft $3,268

Subdivision Lido Island (Lido)

MLS Listing ID NP26069716

Bedrooms 5

Full Baths 3

HOA Fees $1,800/ann

HOA Y/N No

Year Built 1979

Lot Size 3,267 Sqft

Property Sub-Type Duplex

Property Description

Experience the quintessential Lido Isle lifestyle with this rare bayfront duplex, ideally positioned along the sand to capture the very best of coastal Newport Beach living. Featuring two distinct residences, desirable outdoor spaces, flexible living arrangements, and income-producing potential, the property presents an exceptional opportunity for both owner-users and investors. Adding to the waterfront lifestyle, a mooring lease directly in front of the property may be available to the buyer, if desired. The lower residence offers three bedrooms and two baths, with one bedroom well suited as a den or office. An inviting living room with fireplace creates a warm focal point, complemented by an eat-in kitchen and separate dining area ideal for both everyday living and entertaining. Plantation shutters, marble countertops, abundant built-in storage, and thoughtful updates enhance the home's timeless coastal appeal. Outside, a private patio opens toward the sand and bay, creating an effortless connection to the waterfront lifestyle—whether launching a paddleboard, heading out by kayak, or simply relaxing and enjoying the coastal setting. Above, the 2-bedroom, 1-bath upper residence offers its own private retreat, highlighted by a rooftop deck with beautiful bay views. This elevated outdoor space captures the relaxed sophistication and coastal atmosphere that make Lido Isle so sought after. With two separate living spaces, the duplex offers exceptional versatility. An owner may choose to occupy one residence while leasing the other for supplemental income, retain both as rental residences, accommodate guests or create a multi-generational coastal home. This flexibility, combined with its exceptional bayfront location, makes the property equally compelling as a primary residence, investment opportunity, or combination of the two. Residents of Lido Isle enjoy an array of coveted community amenities, including private beaches, tennis courts, parks, BBQ areas, community facilities, and sailing opportunities. Just moments away, Lido Marina Village offers acclaimed dining, boutique shopping, and convenient access to the many recreational activities of Newport Harbor. Blending coastal charm, bay views, income potential, and an enviable sand-and-bayfront setting, this distinctive Lido Isle duplex presents a truly rare opportunity to acquire an income-producing property in one of Newport Beach's most desirable waterfront communities.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Built-in Features, Ceiling Fan(s), Recessed Lighting, Tile Counters, Track Lighting, Bedroom on Main Level

Heating Forced Air

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Built-In Range, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Range Hood

Laundry Common Area

Exterior

Parking Features Direct Access, Door-Single, Garage, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Water Sports

Amenities Available Clubhouse, Management, Tennis Court(s)

Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Bay, Ocean, Panoramic, Water

Porch Front Porch, Porch, Rooftop

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

HOA Name Lido Isle Community Association

Senior Community No

Tax ID 42317206

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Tim Smith Coldwell Banker Realty 949.478.2295, DRE #01346878

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

423 Via Lido Soud Newport Beach, CA 92663