
Newport Beach, California 92660
This Stunning Bayfront Residence is a High-Potential Investment Opportunity, listed at $9,750,000—positioned above the $9,097,963 Fair Market Value by 7%. While priced at a premium, the property features 50 feet of deep-water frontage, a private dock, and a Good Condition Rating with high-end finishes like a Granite Kitchen. Located in the Newport Mesa Unified district near Corona Del Mar High School, it offers a premier coastal lifestyle. This property is an ideal acquisition for Luxury Homeowners or Yachting Enthusiasts seeking a turnkey waterfront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 736 Harbor Island Drive Subject | $9,750,000* List Price | 5 | 4 | 3,922 | $2,320 | - |
A 8 Linda Isle Sold | $9,725,000 | 3 | 6 | 4,196 | $2,318 | 0.3 mi |
B 612 Harbor Island Drive Sold | $7,600,000 | 4 | 5 | 3,337 | $2,277 | 0.1 mi |
C 31 Cape Andover Sold | $7,125,000 | 4 | 5 | 4,010 | $1,777 | 0.8 mi |
D 8 Beacon Bay Sold | $12,000,000 | 5 | 6 | 5,132 | $2,338 | 0.2 mi |
E 701 Bayside Drive Active | $10,880,000 List Price | 5 | 6 | 4,410 | $2,467 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1979, the property has undergone high-end renovations likely within the 5-15 year range. The kitchen is updated with granite countertops and stainless steel appliances, and the interior features refined millwork and a spa-style primary bath. The home is well-maintained and move-in ready, fitting the criteria for a 'Good' rating.
High School: Corona Del Mar High School (9/10).
The property boasts approximately 50 feet of prime deep-water frontage along Promontory Bay, complete with a private dock finished in premium Brazilian hardwood that can accommodate up to three vessels.
Stunning, unobstructed bay views are accessible from both levels of the home, enhanced by an expansive waterfront patio and a private balcony off the primary suite, ideal for indoor-outdoor entertaining.
The property was recently sold within the past year on 2025-11-03. The sold price is $8,400,000.00.
Built in 1979, the home may require more maintenance or future capital improvements to update aging infrastructure compared to newer construction in the area.
The property only includes a two-car garage, which may be insufficient for a five-bedroom luxury estate of this caliber that often requires more parking or storage space.
Nestled along the serene edge of Promontory Bay on Harbor Island Drive in Newport Beach, this exceptional bayfront residence offers an unparalleled waterfront lifestyle. Boasting five bedrooms, four bathrooms, an office, and approximately 50 feet of prime deep-water frontage, the home features a private dock to accommodate three vessels finished in premium Brazilian hardwood. Stunning bay views greet you from both levels, highlighted by an expansive waterfront patio perfect for seamless indoor-outdoor entertaining. A dramatic two-story foyer welcomes you into a bright, open interior defined by refined nautical-inspired design and quality millwork throughout. The main level offers a versatile office (or sixth bedroom), formal dining room, and generous living and family rooms with French doors that open directly to the bayfront terrace. The gourmet kitchen shines with crisp white cabinetry, granite countertops, stainless steel appliances, and a large center island—ideal for casual gatherings and culinary creations. Upstairs, the luxurious bayfront primary suite is a true retreat, complete with a fireplace, sitting area, private view balcony, walk-in closet, and spa-style bath featuring a soaking tub and separate shower. Additional comforts include a two-car garage. Perfectly positioned for the region’s finest dining, yachting, shopping, and recreational opportunities, this premier waterfront home delivers the ideal setting for relaxed coastal living and memorable entertaining in one of Newport Beach’s most coveted enclaves.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-6 • 2.1 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,922 | 2,868 |
| Lot Size | 5,000 | 6,914 |
| Price | $9.75M | $4.44M |
| Price per sq ft | $2.5K | $1.6K |
| Built year | 1979 | 1970 |
| HOA | $512.0 | $430 |
| Days on market | 30 | 59 |
Jun 22, 2026
$9,750,000
Initial Listing
Nov 3, 2025
$8,400,000
Public Record
Apr 18, 2002
$3,000,000
Public Record