1412 Santiago Dr, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 6 bath

1412 Santiago Dr, Newport Beach, California 92660 home-pic-0
ACTIVE$4,100,000
1412 Santiago Dr, Newport Beach, California 92660
4Beds
6Baths
3,900Sqft
9,153Lot
Year Built
1966
Close
-
List price
$4.1M
Original List price
$4.2M
Price/Sqft
$1,051
HOA
-
Days on market
-
Sold On
-
MLS number
NP25233453
Home ConditionTear down
Features
Pool
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $4.10M(56th), sqft - 3900(75th), beds - 4(50th), baths - 6(87th).

Exceptional Dover Shores Opportunity | Newport Beach. Discover the rare opportunity to create your dream residence on one of Dover Shores’ most sought-after streets. This premium lot 85 frontage X 112 depth offers the ideal canvas to build a custom luxury home that captures the essence of coastal Newport Beach living. The current owner has already begun the process, engaging award-winning designer Rona Graf of Grace Blu Designs to craft inspired plans that seamlessly blend modern sophistication with timeless California style. Buyers may choose to continue with the existing design a single level home and utilize portions of the current structure, or start anew with their own vision. The expansive backyard provides exceptional privacy — a rare find in this coveted neighborhood — and features a pool and generous outdoor space ideal for entertaining or serene relaxation. There are no properties directly overlooking the yard, enhancing the sense of seclusion. The interior has been completely gutted and professionally remediated, with a certificate of completion issued by an environmental vendor confirming the removal of lead-based paint and asbestos, ensuring a clean slate for your build. Opportunities of this caliber in Dover Shores are seldom available — offering the perfect blend of location & potential.

Nearby schools

8/10
Mariners Elementary School
Public,PK-60.6mi
/10
Woodland Elementary School
Public,PK-20.9mi
8/10
Heinz Kaiser Elementary School
Public,3-61.2mi
9/10
Eastbluff Elementary School
Public,K-61.2mi
7/10
Horace Ensign Intermediate School
Public,7-81.5mi
9/10
Corona Del Mar High School
Public,7-121.1mi
7/10
Newport Harbor High School
Public,9-121.2mi

Price History

Date
Event
Price
12/10/25
Price Change
$4,100,000+2.6%
11/06/25
Price Change
$3,995,500-4.9%
10/06/25
Listing
$4,200,000
Condition Rating
Tear down

The property, built in 1966, is explicitly described as 'completely gutted' and a 'clean slate for your build,' with images confirming its unlivable state. While the listing mentions the possibility of utilizing portions of the current structure, it is primarily marketed as an 'ideal canvas to build a custom luxury home,' indicating its value is predominantly in the land and redevelopment potential rather than the existing structure. There are no functional kitchens, bathrooms, or other interior features to assess, as they have been removed.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Prime Coastal Location: Situated in the highly desirable Dover Shores neighborhood of Newport Beach, known for its exclusivity and sought-after lifestyle.
Exceptional Customization Potential: Offers a rare opportunity to build a bespoke luxury residence on a premium lot, with existing design plans by an award-winning architect available to streamline the process.
Private & Amenity-Rich Lot: Features a generous 9,153 sqft lot with an expansive, private backyard, including a pool, and enhanced seclusion due to no direct overlooking properties.
Ready for Redevelopment: The interior has been professionally gutted and remediated (lead-based paint and asbestos removed), providing a clean and safe foundation for new construction or extensive renovation.
Top-Tier School Access: Located within a highly-rated school district with several excellent public schools nearby, including Mariners Elementary and Corona Del Mar High School.

Cons

Substantial Investment Required: The property is currently a gutted shell, necessitating significant financial investment and time to complete construction or renovation into a livable luxury home.
Older Original Structure: Built in 1966, the existing structure, even if partially utilized, implies older foundational elements that may require additional assessment or upgrades beyond the interior remediation.
Lack of Scenic Views: Despite its coastal city location, the property does not offer any stated scenic views, which can be a significant factor for luxury buyers in Newport Beach where ocean views are highly prized.

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