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302 Kings Rd

Newport Beach, CA 92663 View Map $1,445,000 Ask a Question
302 Kings Rd Newport Beach, CA 92663 | MLS NP20189345 Photo 1
302 Kings Rd Newport Beach, CA 92663 | MLS NP20189345 Map
Manny Stellino

Manny Stellino

(949) 874-1580
DRE No.: 00912924

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Status: Sold
Property Type:Single Family Residence
MLS #:NP20189345
Sq. Feet:2,624
Date Sold:10/30/2020
Lot Size:7,370 Sq. Ft.

Listing Agent/Office

Agent:Manny Stellino
Office:Villa Real Estate
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.

Detailed Maps

Community Information

Address:302 Kings Rd, Newport Beach, CA 92663
Area:N6 - Newport Heights
City:Newport Beach
School System:Newport Mesa Unified
Subdivision:Kings Road (Kgrd)
Zip Code:92663


Bedrooms: 3
Bathrooms: 3
Year Built:1950
Total Units: 1
Stories Total: 1
Garage Spaces: 2.0
Parking Total: 2.0

Features / Amenities

Interior Features: AllBedroomsDown
Laundry: In Garage
Common Walls: No Common Walls
Heating: Central



Property Features

Lot Size: 0.17 Acres / 7,370 Sq. Ft.
Lot Features: Irregular Lot, TearDown
Sewer: SewerTapPaid
Water: Public
Directions:Cliff Dr. to Kings Rd.

Tax and Financial Info

Buyer Financing: Cash
Terms: Cash, CourtApproval
Land Lease: Yes
Disclosures: Item3rdPartyRights, CourtConfirmation



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Based on information from California Regional Multiple Listing Service, Inc. as of March 31, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.