
Newport Beach, California 92660
Analysis of 20 Harbor Island, Newport Beach, California 92660 is currently available with a list price of $59,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1937 and offered for the first time in over 70 years, this property is being marketed primarily for its land value and the opportunity to 'wholly reimagine' or build a new dream home. The interior images show extremely dated finishes, and the age exceeds the 50-year threshold with no significant renovations noted, fitting the criteria for a tear-down in this high-value market.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17726, living area = 3600.
Featuring 100 feet of prime frontage on Newport Harbor’s central turning basin, this property offers unparalleled yachting views and represents a once-in-a-generation acquisition opportunity on the harbor's most exclusive island.
Comprising two independent 50-foot wide lots totaling over 17,000 square feet, the site provides a unique canvas to restore the classic 1937 estate or build a custom trophy residence of immense scale.
Built in 1937, the existing 3,600 square foot structure likely requires a complete renovation or replacement to meet modern luxury standards, adding significant time and cost to the investment.
With a substantial $33,481 association fee and a $59 million list price, the property demands significant ongoing capital, appealing to a very narrow segment of ultra-high-net-worth buyers.
This landmark Newport Beach Harbor Island home, situated on two of its most extraordinary view lots, is available for sale for the first time in over 70 years. Favored for its timeless classic style, impressive private dockage, magnificent stately grounds, and beautifully manicured specimen trees, this gracious residence, built circa 1937, presides over Newport Harbor’s central turning basin and anchorage, the hub of the harbor’s yachting activity. This offering comprises two independent lots (numbers 20 and 21), each fifty feet wide. Their combined one hundred feet of frontage, found on the most desirable island in Newport Harbor, represents the last opportunity of its kind. Surrounded by Southern California’s most impressive and expensive waterside residences, this property can be restored, expanded, or wholly reimagined to build the waterfront home of your dreams. The existing private dock can accommodate several boats to 78’, and reconfiguration could allow for a yacht to 100’. Lot 21 can be purchased separately for $29,500,000.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 3.8 |
| Square foot | 3,600 | 2,729.518 |
| Lot Size | 17,726 | 6,677.813 |
| Price | $59.00M | $4.20M |
| Price per sq ft | $16.4K | $1.6K |
| Built year | 1937 | 1972 |
| HOA | $33481.0 | $414 |
| Days on market | 33 | 63 |
Aug 7, 2026
$59,000,000
Initial Listing