
Newport Beach, California 92663
This Bayfront Duplex represents a High-Potential Investment Opportunity, listed at $8,795,000—positioned above the $8,162,801 Fair Market Value. While priced at a premium, the property offers rare, unobstructed panoramic bayfront views and a Condition Rating of 3, providing a functional, move-in ready asset with significant upside through modernization. Located in the prestigious Lido Isle community near Top-Rated Schools like Newport Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing coastal sanctuary with private beach and mooring access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 Via Lido Soud Subject | $8,795,000* List Price | 5 | 3 | 2,691 | $3,033 | - |
A 439 Via Lido Soud Active | $8,395,000 List Price | 7 | 5 | 3,378 | $2,485 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 with renovations likely in the 10-20 year range. The kitchen and living areas feature marble countertops, stainless steel appliances, and plantation shutters. While some finishes like the parquet flooring are slightly dated, the property is well-maintained, functional, and move-in ready.
Elementary School: Newport Elementary School (9/10).
Situated directly on the sand of Lido Isle, this rare bayfront property offers immediate water access and panoramic views of Newport Harbor, representing one of the most coveted locations in Newport Beach.
The duplex configuration provides exceptional flexibility for owner-users to generate rental income, accommodate multi-generational living, or maintain a high-value asset in a supply-constrained market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3267, other record lot size in square feet = 3150.
Built in 1979, the property may require significant modern capital improvements or a full renovation to meet the aesthetic and functional expectations of today's luxury bayfront buyers.
At a list price of $8.795M for 2,691 square feet, the property commands a significant premium that may challenge investors focused strictly on traditional rental yield and cap rates.
Experience the quintessential Lido Isle lifestyle with this rare bayfront duplex, ideally positioned along the sand to capture the very best of coastal Newport Beach living. Featuring two distinct residences, desirable outdoor spaces, flexible living arrangements, and income-producing potential, the property presents an exceptional opportunity for both owner-users and investors. The lower residence offers three bedrooms and two baths, with one bedroom well suited as a den or office. An inviting living room with fireplace creates a warm focal point, complemented by an eat-in kitchen and separate dining area ideal for both everyday living and entertaining. Plantation shutters, marble countertops, abundant built-in storage, and thoughtful updates enhance the home’s timeless coastal appeal. Outside, a private patio opens toward the sand and bay, creating an effortless connection to the waterfront lifestyle—whether launching a paddleboard, heading out by kayak, or simply relaxing and enjoying the coastal setting. Above, the 2-bedroom, 1-bath upper residence offers its own private retreat, highlighted by a rooftop deck with beautiful bay views. This elevated outdoor space captures the relaxed sophistication and coastal atmosphere that make Lido Isle so sought after. With two separate living spaces, the duplex offers exceptional versatility. An owner may choose to occupy one residence while leasing the other for supplemental income, retain both as rental residences, accommodate guests or create a multi-generational coastal home. This flexibility, combined with its exceptional bayfront location, makes the property equally compelling as a primary residence, investment opportunity, or combination of the two. Residents of Lido Isle enjoy an array of coveted community amenities, including private beaches, tennis courts, parks, BBQ areas, community facilities, and sailing opportunities. Just moments away, Lido Marina Village offers acclaimed dining, boutique shopping, and convenient access to the many recreational activities of Newport Harbor. Blending coastal charm, bay views, income potential, and an enviable sand-and-bayfront setting, this distinctive Lido Isle duplex presents a truly rare opportunity to acquire an income-producing property in one of Newport Beach’s most desirable waterfront communities.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.5 |
| Baths | 3.0 | 3.8 |
| Square foot | 2,691 | 2,512.545 |
| Lot Size | 3,267 | 2,760.364 |
| Price | $8.79M | $3.24M |
| Price per sq ft | $3.3K | $1.8K |
| Built year | 1979 | 1958 |
| HOA | $1800.0 | $0 |
| Days on market | 20 | 72 |
Aug 20, 2026
$8,795,000
Initial Listing