Newport Beach, California » Cliffhaven » 302 Kings Road

302 Kings Road

$ 1,445,000

Newport Beach, CA 92663


3 Beds, 3 Baths, 2,624 sq. ft.

Sold: 10/30/2020

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.

Aerial View:

Quick Facts:

  • Home Size: 2,624 sq.ft.
  • Price/sq.ft.: $550.69
  • Lot Size: 7,370 sq.ft.
  • Built in 1950
  • Garages Spaces: 2.00
  • Fireplace


Property Details:

Assessor’s Parcel Number 04920116
Days on Market 15
Last Modified October 30th at 5:21pm
Listing Status Closed
Price Per Sq. Ft. $550.69
Property Type Single Family Residence
Sewage System Sewer Paid
Water Source Public
Year Built 1950

Interior Features:

Bathrooms 3 full baths
Bedrooms 3
Cooling None
Fireplace None
Floorspace 2,624 sq. ft.
Heating Central Furnace
Laundry Facilities In Garage
Rooms All Bedrooms Down

Exterior Details:

Acres 0.1692
Lot Size 7,370 sq. ft.
Garage Spaces 2.00
View See Remarks

Nearby Schools in Newport Beach

School Name Parent Rating Distance Map

4.1 mi.

4.1 mi.

3.7 mi.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Listing provided courtesy of Manny Stellino at Villa Real Estate.

Updated: 2020-10-30 17:21:55

Any questions?