1221 Kings Road, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 2 bath
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Newport Beach, California 92663
This property presents a High-Potential Investment Opportunity with a List Price of $5,900,000, currently aligned with its $5,900,000 Fair Market Value. Featuring a Fair Condition Rating, this 11,050 sqft lot offers significant development potential for a custom luxury rebuild. The site provides an Exceptional Panoramic View of the coastline and Catalina Island. Located within the Newport Mesa Unified district, this asset is ideal for Luxury Developers or Owner-Occupants seeking to build a premier coastal residence in a prestigious neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 Kings Road Subject | $5,900,000* List Price | 3 | 2 | 1,851 | $3,187 | - |
A 801 Kings Active | $6,680,000 List Price | 4 | 3 | 2,399 | $2,784 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is being marketed primarily for its land value and exceptional panoramic views, with the listing explicitly suggesting a rebuild or major remodel. While the home is currently tenant-occupied and functional, the interior is significantly dated, featuring older carpeting, laminate flooring, and mid-century style kitchen cabinetry and light fixtures. It meets the 'fair' criteria as an aged home maintained through regular upkeep but showing clear signs of being outdated and nearing the end of its functional lifespan for the luxury market.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11050, living area = 1851.
The property boasts a rare front-row, 180-degree vantage point with unobstructed views of Catalina Island, the Pacific coastline, and Newport Harbor.
Situated on an expansive 11,050 sqft lot with architectural plans already available, offering a premier opportunity for a custom luxury rebuild or major remodel.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The original 1952 structure is being sold in as-is condition, indicating that the list price is primarily for land value and will require substantial capital for improvements.
The property is currently tenant-occupied with strict instructions not to disturb residents, which creates logistical challenges for showings and immediate possession.
A truly rare opportunity to have a front row 180 degree view of Newport Beach! Stunning sunsets of Catalina and endless vistas up and down the coast. Plans available for remodel or build your own dream home. Property is sold as is.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,851 | 2,868 |
| Lot Size | 11,050 | 6,914 |
| Price | $5.90M | $4.44M |
| Price per sq ft | $3.2K | $1.6K |
| Built year | 1952 | 1970 |
| HOA | $0 | $430 |
| Days on market | 114 | 59 |
Jul 14, 2026
$5,900,000
$6,500,000
-9% Price Drop
Initial Listing
Mar 30, 2026
$6,500,000
Initial Listing