$64,995 Newport Beach 1BR 1BA, Lido Peninsula Resort (LPR) bay and in Newport Beach, California

Lido Peninsula Resort (LPR) bay and marina view lot located 3 homes in from the marina with private boat slips and yachts and just steps from the private sandy beach. LPR home owners are given first priority to available boat slips. Private clubhouse and gym. Boat slips available. Kayak storage and rental. The existing structure does not conform to newer resort specifications and is required to be removed and replaced by new owner with a new purchased home of the buyers choice as per current resort standards, could scale from a one bedroom to a four bedroom single story to two story home.This is a great opportunity to live an island like life off the coast of Newport Beach, California in the exclusive Lido Isle adjacent area of multimillion dollar homes for a fraction of the price. Land lease is currently one of the lowest in the resort at $xxxx per month and transferable to the new owner at that rate. Great full time or weekend home. No HOA fees, No Mello Roos fees.
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