1221 Kings Road, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 2 bath
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Newport Beach, California 92663
Analysis of 1221 Kings Road, Newport Beach, California 92663 is currently available with a list price of $6,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
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 It meets the 'fair' criteria as an aged home maintained through regular upkeep but showing clear signs of being outdated and nearing the end of its functional lifespan for the luxury market.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. Tenant occupied, please do not disturb tenants. Please call listing agent to arrange showing.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 4.0 | 27% |
| Square foot | 1,851 | 2,573 | 24% |
| Lot Size | 11,050 | 5,000 | 96% |
| Price | $6.50M | $4.65M | 71% |
| Price per sq ft | $3.5K | $1.8K | 90% |
| Built year | 1952 | 1963 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 169 | 6% |
Mar 30, 2026
$6,500,000
Initial Listing