Land lease buyout as of 4/1/17 is $311,017. Annual lease payment as of 4/1/17 is $2496.81. Lease term expires 5/31/2039. Two bedroom two bath H plan. Original condition. Great bay and sunset views. Keep the ground lease and you are living in Newport for under $800,000. Bring all offers.
Listing courtesy of Surterre Properties Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.