24 Narbonne, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 5 bath
24 Narbonne
Newport Beach, California 92660
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is marketed as a shovel-ready development opportunity with permit-ready plans for a new 6,000 sq. ft. luxury residence. The listing lacks interior photos of the existing 1980s structure and instead provides architectural renderings, confirming the current building is slated for demolition and the value is based on the land and redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- Shovel-Ready Development
The property comes with permit-ready plans for a nearly 6,000 sq. ft. luxury residence, significantly reducing the time and bureaucratic hurdles typically associated with Newport Beach construction.
- Elite Gated Community
Located in the prestigious Harbor Ridge community, the property benefits from 24/7 guard-gated security and an exclusive neighborhood reputation.
- Exceptional View Potential
The planned rooftop deck is designed to capture stunning panoramic views of the Pacific Ocean, Newport Harbor, and city lights.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 11893.
- Substantial Additional Investment
The $4.78M list price is for the existing site and plans; the buyer must commit significant additional capital to complete the 6,000 sq. ft. luxury build.
- Construction Management Burden
Acquiring this property requires the owner to manage a complex, multi-year construction project, which carries inherent risks regarding material costs and labor timelines.
About 24 Narbonne
With permit ready plans, you can start to build a nearly 6,000 sq. ft. luxury residence in Newport Beach! This home would have four bedrooms with en suite bathrooms, two kitchens, a home theater, and multipanel glass doors seamlessly bridging the activity room with a swimming pool and BBQ area. A well-designed rooftop deck that offers stunning ocean, harbor, and city views. Located at the end of a quiet cul-de-sac in the prestigious 24/7 guard-gated Harbor Ridge community, this 13,068 sq. ft. lot offers unmatched privacy and proximity to beaches, world-class dining, and top-rated schools.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 13,068 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 72% |
| Square foot | 4,627 | 2,643 | 86% |
| Lot Size | 13,068 | 7,500 | 92% |
| Price | $4.78M | $3.85M | 62% |
| Price per sq ft | $1.0K | $1.4K | 16% |
| Built year | 1980 | 1970 | 70% |
| HOA | $385.0 | $375 | 52% |
| Days on market | 57 | 158 | 16% |
Pricing History
Listed for Sale
Jan 9, 2026
$4,780,000
Initial Listing
Sold
Mar 29, 2022
$3,988,000
Public Record
Sold
Dec 24, 2014
$2,600,000
Public Record