2173 Orchard Drive, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 1 bath
2173 Orchard Drive
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 2173 Orchard Drive, Newport Beach, California 92660 is currently available with a list price of $8,995,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1941, making it over 80 years old, and the listing explicitly states it's available for the first time in over 80 years, implying no significant renovations. The description refers to it as a 'modest home' and the property analysis suggests it 'likely requires extensive renovation or complete demolition' and that the 'high list price primarily reflects land value.' With no interior images provided, and given the age and lack of updates, the existing structure is considered to be beyond repair or not worth renovating, with its value solely in the expansive land and redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37950, living area = 932.
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Unparalleled Lot Size & Rarity
Spanning an expansive 37,950-square-foot flat lot, this is the largest parcel currently for sale in Newport Beach, available for the first time in over 80 years, presenting a 'once-in-a-lifetime opportunity'.
CONSRISKS & DEFICIENCIES
- Outdated/Modest Existing Structure
The 1941-built 'modest home' (932 sqft, 2 beds, 1 bath) is significantly undersized and likely requires extensive renovation or complete demolition for a property of this caliber and price point.
- Substantial Additional Investment Required
The high list price primarily reflects land value, necessitating a significant additional investment for construction or modernization to match the property's potential and neighborhood standards.
- Limited Buyer Pool
The specialized equestrian facilities and the need for substantial redevelopment narrow the target market to a very specific segment of ultra-high-net-worth individuals, potentially extending market time.
About 2173 Orchard Drive
For the first time in over 80 years, 2173 Orchard is available for purchase—a rare opportunity to own a landmark estate in Newport Beach’s only equestrian neighborhood. Spanning an expansive 37,950-square-foot flat lot, this is the largest parcel currently for sale in Newport Beach. The property features a modest home alongside a fully operational equestrian stable, accommodating 8 to 11 horses, with direct access to scenic trails that wind through miles of Newport Beach’s Back Bay. As part of this exclusive community, residents enjoy picturesque views of horses during morning strolls and seamless access to the Back Bay Nature Preserve, offering stunning trails for walking and biking. This is truly a once-in-a-lifetime opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 37,950 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Eastbluff Elementary School
Grades K-6 • 1.1 mi
Heinz Kaiser Elementary School
Grades 3-6 • 1.8 mi
Woodland Elementary School
Grades PK-2 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 932 | 2,623 | 1% |
| Lot Size | 37,950 | 7,500 | 98% |
| Price | $8.99M | $3.85M | 95% |
| Price per sq ft | $9.7K | $1.4K | 99% |
| Built year | 1941 | 1970 | 1% |
| HOA | $0 | $375 | 34% |
| Days on market | 289 | 162 | 91% |
Pricing History
Listed for Sale
Nov 19, 2025
$8,995,000
Initial Listing
Price Change
May 22, 2025
$9,995,000
Initial Listing