
Newport Beach, California 92663
This property represents a High-Potential Investment Opportunity, listed at a List Price of $10,900,000, which aligns with the current $10,900,000 Fair Market Value. Featuring a Condition Rating of 6, the existing 1952 structure is intended for redevelopment, offering a rare 45-foot Bayfront lot on Lido Island. With proximity to Newport Elementary (9/10) and Newport Harbor High, the site provides a premier canvas for a custom luxury estate. This is an ideal acquisition for Luxury Developers or High-Net-Worth Owner-Occupants seeking to build a legacy waterfront compound.
Property is land value only, full reconstruction required.
Built in 1952, this property is being marketed primarily as a 'canvas to build a custom estate' on a rare oversized bayfront lot. The lack of interior photos, the age of the structure (over 70 years), and the explicit description of the property's value lying in its development potential and prime frontage indicate that the existing building is at the end of its functional lifespan and intended for demolition.
Elementary School: Newport Elementary School (9/10).
The property boasts 45 feet of rare, oversized waterfront frontage on Newport Harbor, providing exceptional sunset views and direct access to the bay.
Positioned as a premier canvas for a custom luxury estate, this oversized lot offers a rare opportunity to build a legacy home on one of Lido Island's most coveted parcels.
Built in 1952, the current improvements are likely at the end of their functional lifespan, necessitating a complete teardown or a massive, costly renovation to meet modern luxury standards.
With a list price near $14 million, the acquisition represents a significant land-value investment that requires substantial additional liquidity for construction and development.
A once-in-a-lifetime opportunity to own one of the most desirable waterfront properties on Lido Island. This oversized Bayfront lot, rarely available on the island, presents the perfect canvas to build a custom estate that captures the essence of coastal luxury living or reimagine the expansive existing structure. Ideally positioned along the coveted waters of Newport Harbor, the lot stretches along 45 feet of prime frontage, delivering sweeping views of the bay and unforgettable sunsets. Whether you envision a sprawling modern retreat, a timeless coastal villa, or a resort-style compound this premier parcel offers unmatched potential. Enjoy the exclusive lifestyle Lido Island affords—private beaches, community clubhouse, tennis courts, and close proximity to Lido Marina Village’s fine dining, upscale boutiques, and world-class yachting. With very few properties of this caliber remaining, this is your chance to build a legacy on one of Southern California’s most prestigious islands.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 4,000 | 2,174.5 |
| Lot Size | 4,082 | 2,614 |
| Price | $10.90M | $3.35M |
| Price per sq ft | $2.7K | $1.7K |
| Built year | 1952 | 1964 |
| HOA | $2000.0 | $0 |
| Days on market | 272 | 125 |
Jul 11, 2026
$10,900,000
$13,995,000
-22% Price Drop
Initial Listing
Oct 23, 2025
$13,995,000
Initial Listing