318 Via Lido Nord, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 6 bath

318 Via Lido Nord, Newport Beach, California 92663 home-pic-0
ACTIVE$13,995,000
318 Via Lido Nord, Newport Beach, California 92663
6Beds
6Baths
4,000Sqft
4,082Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Waterfront Location & Views: Situated on the coveted waters of Newport Harbor with 45 feet of prime bay frontage, offering sweeping bay views and unforgettable sunsets.
Top Cons:
Age of Existing Structure: The existing structure, built in 1952, is dated and likely requires substantial renovation or complete demolition for a modern custom estate, adding to overall project costs.

Compared to the nearby listings

Price:$13.99M vs avg $3.20M (+$10,795,000)96%
Size:4,000 sqft vs avg 2,440 sqft92%
Price/sqft:$3.5K vs avg $1.5K96%

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, the property is 72 years old. The listing description explicitly states the existing structure is 'dated' and 'likely requires substantial renovation or complete demolition' to build a custom estate. The value is clearly placed on the 'oversized Bayfront lot' and its potential for redevelopment, rather than the existing structure. The complete absence of interior images further supports that the current condition of the home, including kitchen and bathrooms, is not a selling point and is likely beyond practical repair for modern living, making it a tear-down candidate where the land holds the primary value.
Year Built
1952
Close
-
List price
$13.99M
Original List price
$13.99M
Price/Sqft
$3,499
HOA
$2,000
Days on market
-
Sold On
-
MLS number
NP25244318
Home ConditionTear down
Features
Excellent View: Bay
Patio
ViewBay

About this home

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.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.5mi
9/10
Newport Elementary School
Public,PK-60.6mi
7/10
Horace Ensign Intermediate School
Public,7-80.3mi
7/10
Newport Harbor High School
Public,9-120.7mi
Condition Rating
Tear down

Built in 1952, the property is 72 years old. The listing description explicitly states the existing structure is 'dated' and 'likely requires substantial renovation or complete demolition' to build a custom estate. The value is clearly placed on the 'oversized Bayfront lot' and its potential for redevelopment, rather than the existing structure. The complete absence of interior images further supports that the current condition of the home, including kitchen and bathrooms, is not a selling point and is likely beyond practical repair for modern living, making it a tear-down candidate where the land holds the primary value.
Pros & Cons

Pros

Prime Waterfront Location & Views: Situated on the coveted waters of Newport Harbor with 45 feet of prime bay frontage, offering sweeping bay views and unforgettable sunsets.
Rare Oversized Bayfront Lot: A truly rare and oversized Bayfront lot on Lido Island, presenting a unique opportunity given the scarcity of properties of this caliber.
Significant Development Potential: Offers an unparalleled canvas to build a custom estate or extensively reimagine the existing structure, providing unmatched potential for a luxury legacy property.
Exclusive Lido Island Lifestyle: Access to the exclusive Lido Island lifestyle, including private beaches, a community clubhouse, and tennis courts.
Proximity to Luxury Amenities: Conveniently located near Lido Marina Village, offering fine dining, upscale boutiques, and world-class yachting experiences.

Cons

Age of Existing Structure: The existing structure, built in 1952, is dated and likely requires substantial renovation or complete demolition for a modern custom estate, adding to overall project costs.
Substantial Investment Required: With a high list price, this property represents a significant investment primarily for the land, necessitating considerable additional capital for development or extensive renovation to realize its full potential.
Ongoing Association Fees: The property is subject to ongoing association fees ($2,000), which contribute to community amenities but represent an additional recurring cost for the owner.

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