
Newport Beach, California 92663
Analysis of 404 Clubhouse, Newport Beach, California 92663 is currently available with a list price of $3,250,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Property is land value only, full reconstruction required.
Built in 1930 and marketed as a 'Ready-to-Build' opportunity, this property is being sold for land value and approved architectural plans. The existing structure is over 90 years old with no noted renovations, making it a clear candidate for demolition to make way for the proposed contemporary residence.
The property includes fully approved plans by renowned architect Brion Jeannette, allowing the buyer to bypass the lengthy and complex coastal permitting process and begin construction immediately.
Situated at a quiet end-of-street in the coveted Finley Tract, the location offers channel views and is within walking distance to Lido Marina Village, Newport Pier, and high-end dining.
The approved 3-level contemporary design features high-end amenities including an elevator to all levels and a massive 1,300+ sq ft rooftop deck, maximizing both utility and outdoor living space.
The list price covers only the land and approved plans; the buyer will need to secure significant additional capital to fund the actual construction of the 3,309 sq ft residence.
At 2,660 sq ft, the lot is relatively small, which limits traditional yard space and requires a vertical architectural approach to achieve the desired square footage.
READY-TO-BUILD (RTI) OPPORTUNITY – Rare opportunity to build a custom coastal residence in the coveted Finley Tract of Newport Beach. Approved plans (to be delivered at close of escrow with full interior design package) feature a striking 3-level contemporary residence designed by renowned Newport Beach architect Brion Jeannette, whose award-winning firm is known for luxury coastal homes throughout Newport Beach, Corona del Mar, and Laguna Beach, blending timeless architecture with modern livability. The approved design offers approximately 3,309 sq ft with 6 bedrooms and 5 bathrooms, elevator access to all levels. The open main level features a chef’s kitchen with oversized island and floor-to-ceiling glass doors opening to a front patio for seamless indoor-outdoor living. The upper levels include a luxurious primary suite, multiple en-suite bedrooms, and an expansive 1,300+ sq ft rooftop deck ideal for entertaining. Quiet end-of-street location with channel views, just moments from beaches, Lido Marina Village, Newport Pier, dining, and shopping. Price includes lot and approved plans only. Construction costs not included.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 3,309 | 2,868 |
| Lot Size | 2,660 | 6,914 |
| Price | $3.25M | $4.44M |
| Price per sq ft | $982 | $1.6K |
| Built year | 1930 | 1970 |
| HOA | $0 | $430 |
| Days on market | 0 | 59 |
May 30, 2026
$3,250,000
Initial Listing