
Newport Beach, California 92663
This Coastal Lido Island Cottage is listed at $3,995,000, representing a rare opportunity in a Premier Newport Beach Location. While the $3,150,206 Fair Market Value reflects the home's current Condition Rating of 4, the valuation is driven by exclusive Lido Island Amenities and Top-Rated Schools, including Newport Elementary (9/10) and Newport Heights Elementary (8/10). The residence features Vaulted Beam Ceilings and a Private Patio, offering a functional layout with immense potential for modernization. This property is an ideal match for Luxury Homeowners or Owner-Occupants seeking a prestigious coastal lifestyle.
Property is moderate renovation needed.
This 1951 coastal cottage is well-maintained but largely reflects an older style. While it features attractive vaulted beam ceilings and updated flooring in the living areas, the kitchen and bathrooms are dated, featuring older cabinetry, tiled countertops, and retro fixtures. The property is functional and move-in ready but lacks the comprehensive modern renovations required for a higher score.
Elementary School: Newport Elementary School (9/10).
Situated in the highly coveted Lido Island community, this property offers an elite coastal lifestyle with exclusive access to a private beach, clubhouse, sport courts, and parks.
The interior features vaulted beam ceilings and large windows that create an airy, voluminous feel, preserving the sought-after charm of a classic Newport coastal cottage.
Built in 1951, the home may require significant updates or a full renovation to meet the expectations of modern luxury buyers looking for contemporary finishes and systems.
At nearly $4 million for 1,472 square feet, the property commands a very high price per square foot, which may be a deterrent for those prioritizing interior living space over location.
Positioned on one of Newport Beach’s desirable Via streets on Lido Isle just moments from Newport Harbor, this single-level coastal cottage presents a compelling opportunity in a sought-after harbor-close neighborhood known for its walkability and relaxed coastal lifestyle. Approximately 1,472 square feet of living space includes three bedrooms and two full bathrooms, arranged across a comfortable single-level floor plan. Vaulted beam ceilings create an airy sense of volume in the main living area, where a fireplace, built-in shelving, and large windows invite natural light while connecting the interior to a private backyard patio. A functional kitchen features generous cabinetry and convenient access to surrounding living spaces. Bright, comfortable bedrooms offer versatility for guests or a home office. Set on an approximately 3,740 square foot lot, outdoor areas extend the living environment with a covered pergola patio ideal for dining, relaxing, or entertaining. Mature landscaping enhances privacy and creates a peaceful backyard setting. Enjoy exclusive Lido Isle amenities such as a private beach, clubhouse, sport courts, parks, and playgrounds. The prime location places you just minutes from Newport Harbor, scenic waterfront paths, beaches, and popular destinations including Lido Marina Village, and the Balboa Peninsula. Coastal living, boating, paddleboarding, and sunset harbor walks all become part of daily life in this exceptional Newport Beach neighborhood.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 0.4 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 4.0 | 27% |
| Square foot | 1,472 | 2,573 | 14% |
| Lot Size | 3,740 | 4,966 | 33% |
| Price | $4.00M | $4.45M | 45% |
| Price per sq ft | $2.7K | $1.8K | 82% |
| Built year | 1951 | 1963 | 24% |
| HOA | $2132.0 | $0 | 94% |
| Days on market | 33 | 169 | 6% |
Mar 20, 2026
$3,995,000
Initial Listing