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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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4204 River Avenue Newport Beach, CA 92663
$5,500,000 6 beds, 4 baths
3, 202 sqft
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RARE NEWPORT BEACH WATERFRONT OPPORTUNITY WITH DUAL WATER FRONTAGE AND PRIVATE BOAT DOCK! Acquire a distinctive waterfront property combining boating access, income potential, and redevelopment possibilities in desirable Newport Beach. Situated on an approximately 4,500-square-foot lot along the Newport Canal, 4204 River Avenue is a compelling opportunity for investors, builders, boating enthusiasts, and buyers looking to create their dream waterfront residence. The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued. What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm. For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow. Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals.

Listing Details

Trust & Probate
Property type: Duplex (Single Family)
Status: Active
MLS# OC26229647
List price is $5,500,000
HOA Fee is $0.00
Beds: 6
Baths: 4 (4 full)
None fireplaces
Built in 1955
3,202 sqft
1 story
0.10 acres
Lot size: 0.1020
Subdivision: West Newport Beach (WSNB)
County: Orange
Property style: Bungalow
Interior features: In-Law Floorplan,Unfurnished,All Bedrooms Up,All Bedrooms Down,Multiple Primary Suites
Exterior features: Boat Slip,Dock
Appliances: Gas Oven
Parking description: Direct Access,Door-Single,Garage,Off Street,Workshop in Garage
Lot description: Level,Street Level
Heating/cooling: None
MLS area: N8 - West Newport - Lido

Last Updated: 11/3/2026

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This listing belongs to the N8 - West Newport - Lido MLS area

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The style of this listing is Bungalow.
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Lat/Long: 33.620422, -117.936504.
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Listing Agent: Paula Aragone
Co Listing Agent: Andrew Ryan
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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