
Newport Beach, California 92663
This Panoramic Coastal Estate is a Strong Value Opportunity, listed at $7,995,000—positioned well below the $8,349,948 Fair Market Value by 4%. This valuation gap provides $354,948 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a bedrock caisson foundation, a private putting green, and a spa set against unobstructed harbor and ocean views. Zoned for Top-Rated Schools including Newport Heights Elementary, it balances elite lifestyle perks with significant financial upside. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants looking to secure a premier Kings Road asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Kings Road Subject | $7,995,000* List Price | 3 | 3 | 4,264 | $1,588 | - |
A 521 Kings Road Pending | $7,699,000 List Price | 4 | 4 | 4,474 | $1,721 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1956, the property has undergone significant high-end renovations likely within the 15-20 year range. The kitchen features custom cabinetry, stone countertops, and integrated professional-grade appliances that are well-maintained and move-in ready. While the traditional aesthetic and carpeting are slightly dated by current modern standards, the home's structural integrity is bolstered by a robust bedrock caisson foundation and the overall condition is excellent for its age.
Situated on the prestigious Kings Road, the property offers unobstructed, sweeping views of Newport Harbor, Lido Isle, and the Pacific Ocean, providing a world-class coastal backdrop from nearly every room.
The expansive 10,220 sqft lot features rare amenities for the area, including a private putting green, a brick terrace with a spa, and a usable lower yard, maximizing the Southern California outdoor lifestyle.
The residence is supported by a robust bedrock caisson foundation, a critical and high-value feature for hillside properties that ensures long-term structural integrity and peace of mind.
With over 4,200 square feet of living space, the home only offers three bedrooms, which may be a drawback for larger families or buyers expecting more sleeping quarters at this price point.
Originally constructed in 1956, the property may require significant modern updates or a full renovation to align with the contemporary luxury standards expected in the $8 million market.
Commanding a premier lot adjacent to Cliff Haven and Newport Heights, 701 Kings Road offers sweeping panoramic coastal views of Newport Harbor, Lido Isle, the Pacific Ocean and beyond. Encompassing approximately 4,264 square feet of living space on an expansive 10,220 square foot lot, this three-level coastal residence is defined by its scale, privacy, and exceptional vantage point. The main living level is designed for both grand entertaining and everyday living, featuring soaring vaulted ceilings, exposed beams, and walls of glass that frame the panoramic coastline. Living and dining areas open seamlessly to an expansive view deck, creating a true indoor-outdoor experience set against a striking coastal backdrop. The kitchen is thoughtfully positioned, appointed with a large island, custom cabinetry, and a sunlit breakfast area — all oriented to capture the views. Occupying the entire upper level, the primary suite serves as a private retreat, complete with a fireplace, dramatic picture windows, and sweeping ocean and harbor vistas. A spacious en-suite bath and oversized walk-in closet further elevate the space. Two additional bedrooms are situated on the lower level, offering privacy and flexibility for guests, office space, or additional living. The grounds are equally compelling, featuring an expansive brick terrace with spa, multiple lounge areas, and a rare, usable lower yard with mature landscaping and a private putting green, an ideal balance of outdoor living and scenic outlook. Extensively rebuilt in 1990, the home was thoughtfully expanded to include the third-level primary suite, along with the installation of engineered caisson foundations anchored to bedrock, enhancing long-term structural integrity. Plans and engineering specifications are available upon request. An oversize 2 car garage with work area and an additional 1.5 car garage provide ample parking and storage. Ideally located in Newport Heights, the home offers easy access to 17th Street, Newport Harbor, and world-class beaches, combining panoramic views with a desirable interior along Kings Road, one of Newport Beach’s most coveted streets.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 4,264 | 2,868 |
| Lot Size | 10,220 | 6,914 |
| Price | $8.00M | $4.44M |
| Price per sq ft | $1.9K | $1.6K |
| Built year | 1956 | 1970 |
| HOA | $0 | $430 |
| Days on market | 92 | 59 |
Apr 21, 2026
$7,995,000
Initial Listing