2209 Cliff Drive, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 6 bath
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Newport Beach, California 92663
This property presents a High-Potential Investment Opportunity with a List Price of $5,200,000—positioned well below the $5,360,520 Fair Market Value by 2%. This valuation gap offers $160,520 in Instant Equity for buyers. Featuring a Condition Rating of 6, the site is a prime teardown offering unobstructed panoramic ocean and harbor views. This is a high-reward acquisition ideal for Luxury Developers or Custom Home Builders seeking a premier cliffside lot in the Newport Mesa Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2209 Cliff Drive Subject | $5,200,000* List Price | 4 | 6 | 4,509 | $1,189 | - |
A 101 Kings Place Sold | $5,000,000 | 4 | 4 | 3,479 | $1,437 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1971 (over 50 years old) with no recorded renovations; the listing explicitly states the structures are a teardown, focusing entirely on the land value and development potential for a new build.
The property boasts rare, straight-on views of the harbor, ocean, and Catalina Island without rooftop obstructions, providing a premier coastal vantage point.
Marketed as a teardown on a high-value cliffside lot, this site offers a clean slate to build a custom luxury residence in a neighborhood of appreciating high-end builds.
Situated on the prestigious Cliff Drive in Newport Heights, the location offers a front-row seat to the Christmas Boat Parade and proximity to top-rated schools.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4509, other record living area = 2496. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The two existing structures are in teardown condition, necessitating immediate demolition and significant additional capital for new construction.
With a $5.2M list price for a lot-value property, the total investment required to realize the home's full potential is substantial, targeting a specific high-net-worth buyer.
Subject to cancellation of existing escrow. Best development opportunity on the market in Newport Beach. Set high on the cliff with straight-on ocean and harbor views, this is the kind of vantage point that almost never comes available. No angles, no peeking through rooftops, just wide-open water, boats moving through the harbor, and clear-day views all the way to Catalina Island. The two existing structures are a teardown, which is exactly where the opportunity lives. You’re starting clean on one of the most valuable view lots in the area, surrounded by new high-end builds pushing values higher. Build up and you unlock multiple levels of unobstructed ocean and harbor views, plus a front-row seat to the Newport Beach Christmas Boat Parade. Opportunities with this kind of view, positioning and future value rarely hit the market and are gone quickly. (Previous days on market INCORRECT).
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 4,509 | 2,868 |
| Lot Size | 7,405 | 6,914 |
| Price | $5.20M | $4.44M |
| Price per sq ft | $1.2K | $1.6K |
| Built year | 1971 | 1970 |
| HOA | $0 | $430 |
| Days on market | 3 | 59 |
Jul 19, 2026
$5,200,000
Initial Listing
May 16, 2022
$4,750,000
Public Record
Jun 5, 1998
$735,000
Public Record
Feb 6, 1996
$795,000
Public Record