4204 River Avenue
Newport Beach, CA 92663
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 detailsCollapse
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.
Nearby public schools
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.
| School / district | Grades | Distance |
|---|---|---|
| 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
| 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.
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.
Observed price activity · past 30 days
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 20:21 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.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗