For sale · Active

4204 River Avenue

Newport Beach, CA 92663

$5,500,000
Bedrooms & bathrooms6 Beds • 4 Baths
Living area3,202 Sq Ft
Lot size0.102 acres
Property typeDuplex
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Listing broker / agent: First Team Real Estate · Paula Aragone · 714-366-6117 · CRMLS

MLS # OC26229647 · Last checked Nov 14, 2026 18:44 UTC

About this property

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.

Property details

MLS number
OC26229647
Status
Active
Type
Residential
Subtype
Duplex
Beds / baths
6 Beds • 4 Baths
Living area
3,202 Sq Ft
Lot size
0.102 acres
County
Orange
Year built
1955
Stories
1
More property detailsExpandCollapse

Listing

Days on market
5

Building

Year built
1955
Year built source
Appraiser
Architectural style
Bungalow
Stories
1
Building stories
2
Levels
One, Two
Entry level
1
Condition
Fixer
Living area source
Assessor

Bathrooms

Full bathrooms
4
Half bathrooms
0
Three-quarter bathrooms
0
Quarter bathrooms
0

Rooms & interior

Main-level bedrooms
3
Main-level bathrooms
2
Rooms
Bedroom, Primary Bedroom
Appliances
Gas Oven
Interior features
In Law Floorplan, Unfurnished, All Bedrooms Up, All Bedrooms Down, Multiple Primary Suites
Flooring
Carpet
Cooling
None
Fireplace
None
Laundry
Inside
Accessibility features
Adaptable For Elevator, Other

Exterior & parking

Total parking spaces
3
Garage spaces
3
Parking
Direct Access, Door Single, Garage, Off Street, Workshop In Garage
Attached garage
Yes
Pool
None
Spa
None
Patio / porch
Deck, Open, Patio
Exterior features
Boat Slip, Dock
Lot features
Level, Street Level
Lot size source
Assessor
Property outlook
Canal, City Lights, Marina, Ocean, Water

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Community features
Biking, Dog Park, Park, Water Sports

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Newport Mesa Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Newport Heights Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach K–6 1.1 mi
Horace Ensign Intermediate (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach 7–8 1.1 mi
Newport Harbor High (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach 9–12 1.4 mi
Whittier Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa Not reported 1.4 mi
Newport Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach Not reported 1.4 mi
International School for Science and Culture (school website, opens in a new tab) Orange County Department of Education · Costa Mesa K–8 1.8 mi
Mariners Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach K–6 2.0 mi
Pomona Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa Not reported 2.1 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$5,500,000
MLS-reported original asking price
$5,200,000
MLS-reported previous asking price
$5,200,000
MLS-reported last price change
2026-10-23 10:46 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Nov 3, 2026 08:12$5,500,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Newport Beach

Active residential homes for sale in Newport Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings232Current authorized inventory
Median asking price$4,832,500232 listings with a valid price
Median asking price / sq ft$1,676.99223 listings with confirmed sq ft
Median days on market45232 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction38
Listings with an increase1

39 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 20:11 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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