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426 El Modena Avenue Newport Beach, CA 92663
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Key Details
Sold Price $3,850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $2,890
Subdivision Newport Heights (Newh)
MLS Listing ID PV26172329
Style Ranch
Bedrooms 3
Full Baths 2
Year Built 1955
Lot Size 9,562 Sqft
Property Sub-Type Detached
Property Description
An opportunity like this rarely comes to market in Newport Heights. Situated on one of the neighborhood's quietest and most desirable streets (just behind Kings Road), 426 El Modena offers an extraordinary chance to build a legacy home on an oversized 9,500+ square foot lot. In a community where parcels exceeding 6,200 square feet are exceptionally rare, opportunities of this scale have become nearly impossible to find. The existing residence is being offered as-is and is considered a prime redevelopment opportunity, making this the perfect canvas to design and build your dream home. From the street, you'll enjoy ocean views that further elevate the property's unique appeal and reinforce its exceptional location. Surrounded by luxury homes, El Modena has experienced remarkable appreciation, with newly renovated and newly constructed homes on significantly smaller lots commanding $56 million and beyond. The neighboring property at 426 El Modena is a strong example of the quality and value this coveted street now represents. https://www.wellcomemat.com/mls/54fbaf64b5e31mo93 For buyers looking to create a custom residence in one of Newport Beach's most sought-after neighborhoods, this property presents an exceptional opportunity. The combination of lot size, location, and long-term upside is virtually unmatched in today's market.
Location
State CA
County Orange
Interior
Heating Fireplace
Flooring Carpet
Fireplaces Type FP in Living Room, Gas, Gas Starter
Laundry Gas & Electric Dryer HU
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Electricity Connected, Sewer Available, Water Available, Sewer Connected, Water Connected
View Y/N Yes
View Ocean, Neighborhood, Peek-A-Boo
Building
Story 1
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with Brenda Olson Coldwell Banker Realty
NEARBY SCHOOLS & BUSINESSES


