2953 Cliff Drive, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
2953 Cliff Drive
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 2953 Cliff Drive, Newport Beach, California 92663 is currently available with a list price of $13,900,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
The property was built in 1987 (37 years old), and the listing explicitly states 'Value is in the land' and highlights it as an 'opportunity for Developer or build your dream estate.' This, combined with the lack of interior photos and visible exterior wear (e.g., peeling paint on the second structure), strongly indicates the existing structures are outdated and require substantial repairs, rehabilitation, or likely demolition to realize the land's full potential. The condition of the kitchen and bathrooms is not shown but can be inferred to be very poor or outdated given the overall context.
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 = 26134, living area = 2000.
- Panoramic Coastal Views
The property boasts unparalleled panoramic views of the Ocean, Harbor, Lido, and Catalina Island, a highly coveted and premium feature in Newport Beach.
- Expansive & Prime Lot
A rare and substantial 26,134 sq. ft. lot, strategically located on a sloping bluff within the prestigious Newport Heights, offering significant privacy and development potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1440. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Focus on Land Value
The description explicitly states 'Value is in the land,' implying the existing structures (built 1987, 2000 sqft) are likely outdated or insufficient, necessitating significant renovation or demolition.
- Substantial Additional Investment Required
Buyers should anticipate a considerable additional investment for construction or extensive renovation to realize the property's full potential, beyond the high purchase price.
About 2953 Cliff Drive
This is a genuine once-in-a-lifetime opportunity to acquire one of the finest Newport Heights parcels. Set on a sloping bluff this property affords unequalled Panoramic views of Ocean, Harbor, Lido, and Catalina Island. Two houses on one lot. Value is in the land. Great opportunity for Developer or build your dream estate in Newport. Huge 26,134 sq. ft. lot.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 26,134 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.0 mi
Horace Ensign Intermediate School
Grades 7-8 • 0.6 mi
Newport Harbor High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,000 | 2,569 | 28% |
| Lot Size | 26,134 | 4,783.5 | 96% |
| Price | $13.90M | $4.47M | 93% |
| Price per sq ft | $7.0K | $1.8K | 98% |
| Built year | 1987 | 1963 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 219 | 24% |
Pricing History
Listed for Sale
Dec 11, 2025
$13,900,000
$14,888,000
-7% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$14,888,000
Initial Listing