Architect & Realtor - Cheryl DeMarco
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Architect & Realtor – Cheryl DeMarco
Two Professionals in One

302 Kings Road, Newport Beach, CA 92663 (MLS # NP20189345)

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PRICE $1,445,000
BEDS 3
BATHS 3 full
HOME SIZE 2,624 sq ft
LOT SIZE 7,370 sqft

Possible 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 $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount 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/tear down) and the option to purchase the land for $1,445,000. The home and the land prices together total $3,130,250. Being sold as is with no repairs or warranties by seller. All cash buyer is requested as the home may not be suitable for financing due to the condition.

DAYS ON MARKET 14 LAST UPDATED 9/11/2020
TRACT Kings Road (KGRD) YEAR BUILT 1950
COMMUNITY Newport Heights GARAGE SPACES 2.0
COUNTY Orange TOTAL PARKING 4
STATUS Active PROPERTY TYPE(S) Residential, Single Family Residence

SCHOOLS
School District Newport Mesa Unified


ADDITIONAL DETAILS
ASSESSMENTS None
ASSOCIATIONFEE 0.00
ATTACHEDGARAGEYN 1
BATHROOMSFULL 3
CITY Newport Beach
COMMONINTEREST None
COMMONWALLS No Common Walls
COMMUNITYFEATURES Curbs
COOLING None
COUNTRY US
COUNTYORPARISH Orange
ELEVATIONUNITS Feet
FIREPLACEFEATURES None
GARAGESPACES 2.00
HEATING Central
HIGHSCHOOLDISTRICT Newport Mesa Unified
LANDLEASEYN 1
LAUNDRYFEATURES In Garage
LEVELS One
LISTAGENTAOR Newport
LISTAGENTSTATELICENSE 00912924
LIVINGAREAUNITS Square Feet
LOTFEATURES Irregular Lot, Lot 6500-9999, Tear Down
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MAJORCHANGETYPE New Listing
MLSAREAMAJOR N6 - Newport Heights
PARCELNUMBER 04920116
POOLFEATURES None
PRICEPERSQUAREFOOT 550.69
PROPERTYSUBTYPE Single Family Residence
PROPERTYTYPE Residential
ROOMTYPE All Bedrooms Down
SENIORCOMMUNITYYN 0
SEWER Sewer Paid
SPECIALLISTINGCONDITIONS Trust
STANDARDSTATUS Active
STATEORPROVINCE CA
STREETSUFFIX Road
TAXTRACTNUMBER 1219
VIEW See Remarks
WATERSOURCE Public
YEARBUILTSOURCE Public Records

ZESTIMATE
$2761916  302 Kings Road, Newport Beach, CA

RENT ZESTIMATE
$5962 / mo.  302 Kings Road, Newport Beach, CA

56 Somewhat Walkable

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Listing provided by : Manny Stellino License # 00912924, Villa Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 9/24/20 2:18 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

About Cheryl DeMarco

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Cheryl DeMarco

Architect & Realtor

DRE#01945968

cheryl.demarco@evusa.com

949-635-7265949-635-7265 main

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