302 Kings Road

    Newport Beach, CA 92663
    • $2,495,000
    • STATUS: ACTIVE
    • ON SITE: 49 days
    • ID#: 301542160
    UPDATED: 12 min ago
    $2,495,000
    • 3
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,624
      SQFT
    • $951
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Probable 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. It is on Irvine company leased land. Lease ends 9/3/2038. Yearly lease is $10,400. Purchase price for land is $1,638,000/ good until July 1, 2019. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements and the option Probable 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. It is on Irvine company leased land. Lease ends 9/3/2038. Yearly lease is $10,400. Purchase price for land is $1,638,000/ good until July 1, 2019. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements and the option to purchase the land for $2,495,000. Being sold as is with no repairs or warranties by seller.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.talechia.com/homes/95271506

    302 Kings Road Newport Beach, CA 92663

    • Price: $2,495,000
    • Status: ACTIVE
    • Updated: 12 min ago
    • ID#: 301542160
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,624
    SQFT
    $951
    $/SQFT
    1950
    Built
    Neighborhood:
    Oc - Newport Beach (92663)
    County:
    Orange
    Area:
    Oc - Newport Beach (92663)
    Property Description
    Probable 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. It is on Irvine company leased land. Lease ends 9/3/2038. Yearly lease is $10,400. Purchase price for land is $1,638,000/ good until July 1, 2019. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements and the option Probable 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. It is on Irvine company leased land. Lease ends 9/3/2038. Yearly lease is $10,400. Purchase price for land is $1,638,000/ good until July 1, 2019. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements and the option to purchase the land for $2,495,000. Being sold as is with no repairs or warranties by seller.
    Exterior Features

    Parking Spaces Total 2 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls View WaterPeek-A-BooCity Lights

    Interior Features

    Bath Totals 3 Bedrooms Total 3 Cooling N/K Fireplace Fp in Living Room Laundry Location Garage Searchable Rooms DenAll Bedrooms Down Stories 1 Story

    Property Features

    Assessments N/K Home Owners Fees 0 Miscellaneous Suburban Sales Restrictions Standard Sewer Septic Public Sewer Terms CashCash To New Loan Water Public

    Listing provided courtesy of Villa Real Estate. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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