
Newport Beach, California 92660
This expansive coastal estate represents a High-Potential Investment Opportunity, listed at a List Price of $9,500,000—positioned well below the $9,582,857 Fair Market Value by 0.86%. This valuation gap offers $82,857 in Instant Equity. Featuring sweeping panoramic views, a resort-style pool, and a 4-condition rating, the home serves as a prime canvas for modernization. Its tri-level floor plan and Harbor Ridge location offer significant upside for those seeking to re-envision this 7,903-square-foot asset. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a luxury coastal project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Trafalgar Subject | $9,500,000* List Price | 5 | 6 | 7,903 | $1,213 | - |
A 17 Napoli Active | $7,795,000 List Price | 5 | 8 | 7,844 | $994 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this estate is well-maintained and livable but features a very dated kitchen with 1980s-style tile countertops and stained-glass ceiling panels. The interior finishes and systems appear to be over 25 years old, and the listing explicitly suggests the home is a canvas for future personalization and modernization.
Situated in the exclusive 24-hour guard-gated Harbor Ridge community, the property offers unparalleled security, privacy, and elite status in one of Newport Beach’s most desirable enclaves.
The estate boasts sweeping panoramic views of Newport Harbor, the Pacific Ocean, Catalina Island, and city lights, providing a stunning backdrop for both the interior living spaces and the resort-style pool terrace.
Spanning nearly 8,000 square feet, the home features grand architectural details and specialized entertainment spaces including a wine cellar, billiards room, and media room, ideal for high-end hosting.
Built in 1979, the home is positioned as a 'canvas for personalization,' implying that a significant capital investment may be necessary to modernize the finishes and architecture to meet contemporary luxury standards.
The tri-level configuration may be less desirable for buyers seeking modern open-concept layouts or those with mobility concerns, as it necessitates frequent use of stairs across the expansive 7,903 square foot interior.
Set within the prestigious 24-hour guard-gated community of Harbor Ridge, this substantial coastal estate presents a rare opportunity to own a residence with scale, privacy, views, and immediate livability in one of Newport Beach’s most desirable enclaves. Spanning approximately 7,903 square feet on a 14,300-square-foot lot, this well-maintained tri-level home offers five bedrooms, five and one-half baths, and a versatile floor plan designed for both everyday living and memorable entertaining. A dramatic two-story foyer introduces the home with soaring ceilings, architectural detail, and a grand sense of arrival. The main living areas unfold with impressive volume, a spacious kitchen with center island and breakfast area, a generous living room, and an indoor bar that naturally connects the home’s interior gathering spaces to the expansive rear patio and resort-style pool terrace, where abundant privacy is complemented by sweeping views across Newport Harbor, the coastline, ocean, and city lights. Designed for entertaining, the lower level carries its own sense of character and fun, featuring a billiards room, wine cellar, separate media room, and even an old-school phone booth that adds a playful touch of nostalgia. The primary suite is privately positioned in its own wing and includes an attached office retreat or sitting area, creating a flexible space for work, reading, or quiet escape. Timeless Mediterranean architecture, a 3-car garage, generous interior scale, and close proximity to Newport Beach beaches, shopping, dining, and coastal amenities make this an exceptional Harbor Ridge offering. Beautifully maintained and highly livable today, the home also offers an inspiring canvas for a future owner to personalize over time and re-envision into a fresh modern Santa Barbara coastal estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 7,903 | 2,868 |
| Lot Size | 14,300 | 6,914 |
| Price | $9.50M | $4.44M |
| Price per sq ft | $1.2K | $1.6K |
| Built year | 1979 | 1970 |
| HOA | $460.0 | $430 |
| Days on market | 20 | 59 |
Jul 2, 2026
$9,500,000
Initial Listing
Apr 18, 2003
$2,600,000
Public Record
Sep 15, 1998
$2,250,000
Public Record