5201 Seashore Drive, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 3 bath

5201 Seashore Drive, Newport Beach, California 92663 home-pic-0

5201 Seashore Drive

Newport Beach, California 92663

ACTIVE
CONDITION: TEAR DOWN
5Beds
3Baths
1,868Sq Ft
1,860Lot Size

Property Price

LIST PRICE$6,750,000

SUMMARY

Analysis of 5201 Seashore Drive, Newport Beach, California 92663 is currently available with a list price of $6,750,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property was built in 1959, making it over 50 years old. The listing description and property analysis explicitly state that the '1959-built structure likely requires demolition or a complete overhaul' and highlights 'approved plans for the new residence.' The images show the existing structure covered in scaffolding/netting, and one image is digitally altered to show an empty lot, strongly indicating the current structure is not intended for habitation and its value is based on the land and redevelopment potential.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Prime Beachfront Location

    Situated on a coveted corner lot directly 'on-the-sand' in West Newport Beach, offering unparalleled access and exclusivity.

  • Breathtaking Panoramic Views

    Commands vast, unobstructed views of the Pacific Ocean, Catalina Island, Newport Pier, and coastline from its advantageous position.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1860, other record lot size in square feet = 1730.

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1860, living area = 1868.

  • Significant Investment Required

    The $6.75 million list price represents a substantial initial investment, with additional considerable costs anticipated for the new construction or extensive renovation.

About 5201 Seashore Drive

Located on a prime corner lot in a coveted beachfront location, this incredible property is offered with approved plans ready for a buyer looking to make a coastal vision their own. The site commands breathtaking, vast views that sweep across miles of sand, whitewater, and shoreline, from the Newport Pier, to the rugged jetties, the vast Pacific, and the distinct silhouette of Catalina Island. Designed by Rizzo Associates, plans for the new residence purposefully maximize its rare "on-the-sand" positioning: the vision includes approximately two thousand square feet of multipurpose living space spread across three levels, accented by multiple outdoor areas and a spectacular rooftop deck. Whether meant to serve as a full-time sanctuary or a second home, this location offers the best of Newport Beach living with world-class dining, premier shopping, and iconic surf spots all within reach.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1959
Lot Size
1,860 Sq. Ft.

Interior

Total Bedrooms
5
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 • 1.7 mi

8/10

Newport Elementary School

Grades PK-6 • 1.8 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 1.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
83%
Baths3.04.0
48%
Square foot1,8682,569
28%
Lot Size1,8604,425.5
11%
Price$6.75M$4.47M
80%
Price per sq ft$3.6K$1.8K
94%
Built year19591961
50%
HOA$0$0
50%
Days on market31219
6%

Pricing History

Listed for Sale

Feb 4, 2026

$6,750,000

Initial Listing

Sold

Apr 15, 2015

$4,350,000

Public Record

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