801 Kings, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
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Newport Beach, California 92663
This property represents a High-Potential Investment Opportunity, listed at $6,680,000—positioned well below the $6,716,140 Fair Market Value by 0.54%. This valuation gap offers $36,140 in Instant Equity. Featuring an expansive 11,690 sq. ft. lot with Panoramic Bay and Ocean Views, the property maintains a Condition Rating of 3. Its prime location near top-rated schools like Newport Harbor High makes it an ideal acquisition for Luxury Developers or Owner-Occupants seeking a premier site for a custom estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Kings Subject | $6,680,000* List Price | 4 | 3 | 2,399 | $3,123 | - |
A 1221 Kings Road Active | $6,500,000 List Price | 3 | 2 | 1,851 | $3,512 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the residence has been remodeled and is described as providing comfortable, move-in ready living. Interior photos show modern flooring, recessed lighting, and fresh paint consistent with a 5-15 year old renovation. While the listing emphasizes land value for a potential new build, the current structure is well-maintained and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11690, living area = 2399.
The oversized 11,690 sq. ft. lot is a rare find in the Newport Heights area, providing a massive and versatile canvas for a custom luxury estate or significant expansion.
The property features highly sought-after panoramic views of the Bay, Catalina Island, and the Pacific Ocean, which are primary value drivers for this prestigious location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2399, other record living area = 1329. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At a $6.68M price point for a 1950s structure, the value is heavily weighted in the land, making it an expensive acquisition for buyers not intending to rebuild.
The current 2,400 sq. ft. residence is relatively small compared to the lot size and price, likely requiring a total redevelopment to achieve the site's highest and best use.
An incredible opportunity on an expansive 11,690 sq. ft. lot, offering the perfect canvas to build your dream home in a premier setting. The existing 4-bedroom, 3-bathroom residence spans approximately 2,400 sq. ft. and has been remodeled, providing comfortable living as-is while exploring future possibilities. Whether you envision a custom estate, renovation, or investment opportunity, the size and potential of this homesite make it truly exceptional. Rarely do lots of this scale become available.
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 | 4.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,399 | 2,868 |
| Lot Size | 11,690 | 6,914 |
| Price | $6.68M | $4.44M |
| Price per sq ft | $2.8K | $1.6K |
| Built year | 1953 | 1970 |
| HOA | $0 | $430 |
| Days on market | 46 | 59 |
Jun 6, 2026
$6,680,000
Initial Listing
Aug 15, 2024
$5,800,000
Public Record