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202 Via Palermo Newport Beach, CA 92663
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Key Details
Sold Price $5,625,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Island (Lido)
MLS Listing ID OC24151032
Sold Date 10/08/24
Bedrooms 6
Full Baths 5
Condo Fees $2,400
Construction Status Fixer
HOA Fees $200/ann
HOA Y/N Yes
Year Built 1947
Lot Size 5,279 Sqft
Property Description
An Exceptional and Rare Opportunity on one of Lido Isle's largest lots; 66'x88'! This beautiful and unique parcel is situated on a corner between the lush landscaped walkways of Strada Palermo and Strada Centro. The opportunity to build your personal Dream Home on Lido is no less than fabulous! HOA Approved Brion Jeannette Architectural plans are complete and stamped. Existing home is 4906 sq.ft. The plans/calcs to build are: 1st Floor 2134 sq.ft, 2nd Floor 2009 sq.ft = 4143 sq.ft. Garage 690 sq.ft Total Structure 4833. Covered/Other areas 618 ft. totaling 5451 sq. ft. Decks are 464 sq. ft.!!
The design is gorgeous. This unique opportunity on Lido offers 24-hour security patrol, a clubhouse, beaches, tennis courts, private parks, playgrounds and is conveniently located close to world-class restaurants and hotels, shopping, the Bay with Docks, Pacific Ocean, surfing, and bike/walking trails.
A remarkable opportunity awaits!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry Laundry Room
Interior
Interior Features Balcony, Block Walls, Multiple Staircases, All Bedrooms Up
Laundry Location Laundry Room
Heating Forced Air
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Gas, Living Room, Primary Bedroom
Fireplace Yes
Appliance Double Oven, Dishwasher, Electric Cooktop, Refrigerator, Water Heater
Laundry Laundry Room
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Good Condition, Masonry
Pool None
Community Features Biking, Park, Street Lights, Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Amenities Available Clubhouse, Dock, Meeting Room, Meeting/Banquet/Party Room, Outdoor Cooking Area, Picnic Area, Playground, Security, Tennis Court(s)
View Y/N Yes
View Courtyard
Porch Deck, Patio
Parking Type Garage
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Tear Down
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Schools
School District Newport Mesa Unified
Others
HOA Name Lido Isle Community Association
Senior Community No
Tax ID 42323308
Security Features 24 Hour Security
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jon Flagg • Pacific Sotheby's Int'l Realty