
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 5 bd · 6 ba · 7,903 sqft · $1,107 | $8,750,000* List Price | 5 | 6 | 7,903 | $1,107 | - |
A 17 Napoli Sold 5 bd · 8 ba · 7,844 sqft · $941 · 0.2 mi | $7,380,000 | 5 | 8 | 7,844 | $941 | 0.2 mi |
B 81 Royal Saint George Road Active 5 bd · 7 ba · 6,894 sqft · $1,197 · 0.9 mi | $8,250,000 List Price | 5 | 7 | 6,894 | $1,197 | 0.9 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.
Intentionally curated grounds, designed for entertaining. Architect Edward Giddings, whose Newport Beach practice produced custom residences for Southern California clients and beachfront resorts in Cabo San Lucas and Puerto Vallarta, sited this Harbor Ridge estate the way he sited his resorts. The social life of the house is placed where the sun and the gathering are, and the entire view elevation is reserved for the vista. The result is a home that lives outward in both directions. Arrival opens to a private pool terrace and expansive entertaining deck, a courtyard world screened from the street and held in sun through the afternoon. Behind the house the land drops to an uninterrupted panorama across Newport Harbor, the coastline, the ocean, Catalina, and the city lights, framed by walls of glass rather than crowded by lawn. Nothing is placed to distract from that view. Inside, approximately 7,903 square feet unfold over three levels on a 14,300 square foot lot, the largest homesite among recent Harbor Ridge offerings. A two story foyer sets the scale. The main level carries a generous living room, a kitchen with center island and breakfast area, and an indoor bar that connects the gathering rooms directly to the terrace. The lower level was built purely for pleasure, with a billiards room, wine cellar, separate media room, and an original phone booth that guests discover. The primary suite occupies its own wing with an attached office retreat. Five bedrooms, five and one half baths, three car garage, behind the 24 hour guard gate of Harbor Ridge Custom. Beautifully maintained and entirely livable today, with the architecture, the scale, and the site to become a 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 | 3.5 |
| Square foot | 7,903 | 2,652.074 |
| Lot Size | 14,300 | 6,056.485 |
| Price | $8.75M | $4.19M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1979 | 1972 |
| HOA | $460.0 | $463 |
| Days on market | 115 | 70 |
Sep 12, 2026
$8,750,000
$9,500,000
-8% Price Drop
Initial Listing
Jul 2, 2026
$9,500,000
Initial Listing
Apr 18, 2003
$2,600,000
Public Record
Sep 15, 1998
$2,250,000
Public Record