Description
Set on the most westerly waterfront position of Channel Reef, this exceptional offering presents two penthouse units, 6B and 6C, to be sold together and reimagined as one spacious waterfront residence. Never before offered as a single combined home, the property enjoys a remarkable 98 feet of view frontage, capturing an awe-inspiring panorama of Newport Harbor, the channel entrance, city lights, the sparkling Pacific Ocean, Catalina Island, and the scenic surf line at Peninsula Point. The property is being sold with approved plans for a thoughtfully designed three-bedroom, three-and-one-half-bath waterfront home. Each unit was previously fashioned with two bedrooms and two baths, with 6B offering approximately 1,371 square feet and 6C offering approximately 1,232 square feet, creating a combined footprint of approximately 2,603 square feet. Currently taken down to the studs, this is a rare blank canvas for an investor, developer, or end-user to create a fully customized coastal retreat in one of Newport Beach's most treasured waterfront settings. A continuum of floor-to-ceiling glass frames the splendor of the harbor, ocean horizon, and ever-changing coastal scenery. One of just a few gated waterfront buildings in coastal Orange County, Channel Reef offers an exceptional lifestyle with unique harbor access, available on-property boat slips, elevators servicing all levels, on-site management during staffed hours, private gated parking for residents and guests, two designated covered vehicle spaces on the same floor as the units, and a saltwater pool and spa set along the tranquil waterway. This is an extraordinary opportunity to develop your ideal living environment while enjoying the inimitable lifestyle benefits of this idyllic waterfront enclave near Balboa Island.
