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612 Harbor Island Drive, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 5 bath

612 Harbor Island Drive, Newport Beach, California 92660 home-pic-0
ACTIVE UNDER CONTRACT$7,995,000
612 Harbor Island Drive, Newport Beach, California 92660
4Beds
5Baths
3,337Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($7,729,484.19) is $265,515.81 (3%) lower than the list price ($7,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Corona Del Mar High School (9/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-17. The sold price is $7,100,000.00.

Compared to the nearby listings

Price:$8.00M vs avg $3.85M (+$4,147,000)90%
Size:3,337 sqft vs avg 2,673.5 sqft66%
Price/sqft:$2.4K vs avg $1.4K97%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this property is well-maintained but largely dated. While the kitchen features updated countertops, some modern appliances (refrigerator, induction cooktop), and hardwood flooring, the cabinetry style is traditional. Other areas, such as the living room with its stone fireplace, carpeting, and leaded glass windows, clearly indicate an older aesthetic. The listing description explicitly states it's an opportunity for 'further renovation or build anew,' suggesting significant updates are needed beyond the existing 'updated kitchen' to meet contemporary standards. The overall condition is functional but shows signs of being outdated.
Year Built
1977
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$2,396
HOA
$512
Days on market
-
Sold On
-
MLS number
LG25265364
Home ConditionFair
Features
Excellent View: Bay, City Lights, Neighborhood, Panoramic, Water
Patio
ViewBay,City Lights,Neighborhood,Panoramic,Water

About this home

An exceedingly rare opportunity within one of Newport Beach's most prestigious enclaves. Sited on a coveted stretch of one of the most desirable waterfront streets, 612 Harbor Island Drive features stunning vistas of Promontory Bay and a private dock capable of berthing up to two approx. 56-foot vessels and a Duffy. The generous frontage makes access to the bay seamless, a perfect setting for enjoying the coastal environment, while the location offers respite from the road noise. This residence, with an updated kitchen, presents an incredible chance for those looking to further renovate the existing structure or build anew. The living and sleeping quarters feature tranquil views of the water, creating a serene environment. While separated from the street by a privacy gate, the most exciting amenities of this area are just minutes away: from dining, to shopping, and endless beaches. The potential of this residence, in the heart of the most desirable expanse of Promontory Bay, is truly boundless.

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.2mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•2.2mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.2mi
9/10
Corona Del Mar High School
Public,•7-12•2.1mi

Price History

Date
Event
Price
07/17/25
Sold
$7,100,000
Condition Rating
Fair
Built in 1977, this property is well-maintained but largely dated. While the kitchen features updated countertops, some modern appliances (refrigerator, induction cooktop), and hardwood flooring, the cabinetry style is traditional. Other areas, such as the living room with its stone fireplace, carpeting, and leaded glass windows, clearly indicate an older aesthetic. The listing description explicitly states it's an opportunity for 'further renovation or build anew,' suggesting significant updates are needed beyond the existing 'updated kitchen' to meet contemporary standards. The overall condition is functional but shows signs of being outdated.
Pros & Cons

Pros

Great Schools: High School: Corona Del Mar High School (9/10).
Prime Waterfront Location: Sited on a coveted stretch of one of Newport Beach's most desirable waterfront streets, offering generous frontage and seamless access to Promontory Bay.
Private Yacht Dockage: Features a private dock capable of berthing up to two approximately 56-foot vessels and a Duffy, a significant amenity for a waterfront property.
Exclusive & Prestigious Enclave: Located on Harbor Island Drive, an exceedingly rare opportunity within one of Newport Beach's most prestigious and private communities.
Stunning Bay & Panoramic Views: Offers stunning vistas of Promontory Bay and tranquil water views from both living and sleeping quarters, enhancing the property's appeal.
Quiet & Private Setting: The location provides respite from road noise and is separated from the street by a privacy gate, ensuring a serene and secure environment.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-17. The sold price is $7,100,000.00.
Dated Structure & Renovation Needs: Built in 1977, the property, despite an updated kitchen, is presented as an opportunity for further renovation or a complete rebuild, indicating the existing structure may be largely dated.
Significant Additional Investment: Given the high list price and the explicit mention of renovation or rebuild potential, buyers should anticipate substantial additional investment beyond the purchase price to modernize or customize the residence.
Ongoing Association Fees: The property incurs a monthly association fee of $512.0, which adds to the recurring costs of ownership.

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