29 Augusta Lane, Newport Beach, California 92660, Newport Beach, 92660 - 7 bed, 8 bath

29 Augusta Lane
Newport Beach, California 92660
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Augusta Lane Subject | $7,150,000* List Price | 7 | 8 | 7,813 | $915 | - |
A 1700 Port Margate Pl Sold | $5,500,000 | 5 | 4 | 5,200 | $1,058 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is a shovel-ready development site with RTI plans for a 2026 build. The current value is based entirely on the land and redevelopment potential, as the existing structure must be demolished to accommodate the proposed 7,813 sqft mansion; images provided are architectural renderings of the future state.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Shovel-Ready RTI Status
The property is delivered with Ready-to-Issue (RTI) plans, allowing the buyer to bypass the lengthy and complex Newport Beach permitting process and begin construction immediately.
- Premier Guard-Gated Location
Situated in the prestigious Big Canyon community, the estate offers 24-hour security and unparalleled proximity to the Big Canyon Country Club and world-class shopping at Fashion Island.
CONSRISKS & DEFICIENCIES
- Significant Construction Requirement
As a ground-up development project, the buyer must commit substantial additional capital, time, and management effort to complete the 3-story mansion.
- High Building-to-Lot Ratio
With a nearly 8,000 sqft structure on a 10,450 sqft lot, the property may offer limited outdoor yard space compared to other estates in the same price bracket.
About 29 Augusta Lane
Exquisite Shovel-Ready Mansion Opportunity in Big Canyon, Newport Beach. Attention developers, investors, or owner-users seeking to create the ultimate dream home! Presenting 29 Augusta Ln, an exceptional Ready-to-Issue (RTI), shovel-ready project in the prestigious 24-hour guard-gated community of Big Canyon, Newport Beach, home to the renowned Big Canyon Country Club. This fully entitled new construction will be delivered RTI at the close of escrow, offering a rare chance to build a masterpiece tailored to your vision. This meticulously designed 3-story mansion spans 7,813 sqft of luxurious living space on a generous 10,450 sqft lot, situated on a serene cul-de-sac in the heart of Big Canyon. The thoughtfully crafted floor plan features: • 7 spacious bedrooms and 7.5 bathrooms, ensuring ample space for family and guests • Dedicated study room, perfect for remote work or quiet retreats • Game room, gym, sauna and movie theater, offering endless entertainment and wellness options • Seamless blend of elegance and functionality, designed for modern living Located directly across from Fashion Island, residents will enjoy unparalleled access to premier shopping, dining, and recreational activities. The included architectural plans allow buyers to customize this stunning property to their exact preferences, making it a truly bespoke estate. Offered as an As-Is Sale with plans included, this is a unique opportunity to build a legacy home in one of Newport Beach’s most coveted communities. Don’t miss your chance to own a piece of Big Canyon’s timeless prestige.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 10,450 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Roy O. Andersen Elementary School
Grades K-6 • 0.5 mi
Abraham Lincoln Elementary School
Grades K-6 • 0.8 mi
Eastbluff Elementary School
Grades K-6 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 96% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 7,813 | 2,643 | 99% |
| Lot Size | 10,450 | 7,500 | 85% |
| Price | $7.15M | $3.85M | 86% |
| Price per sq ft | $915 | $1.4K | 8% |
| Built year | 2026 | 1970 | 99% |
| HOA | $300.0 | $375 | 48% |
| Days on market | 276 | 162 | 89% |
Pricing History
Listed for Sale
Feb 10, 2026
$7,150,000
$7,650,000
-7% Price Drop
Initial Listing
Price Change
Jun 4, 2025
$7,650,000
Initial Listing













