
Newport Beach, California 92660
This Exceptional Waterfront Residence is a Strong Value Opportunity, listed at $9,995,000—positioned well below the $10,014,597 Fair Market Value by 0.2%. This valuation gap offers $19,597 in Instant Equity. Featuring a 146-foot private dock and panoramic bay views, the home maintains a Condition Rating of 4. While the 1991-era finishes offer room for modernization, the prime location near top-rated schools like Corona Del Mar High makes this an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 842 Harbor Island Drive Subject | $9,995,000* List Price | 5 | 5 | 5,102 | $1,963 | - |
A 8 Linda Isle Sold | $9,725,000 | 3 | 6 | 4,196 | $2,318 | 0.4 mi |
B 31 Cape Andover Sold | $7,125,000 | 4 | 5 | 4,010 | $1,777 | 0.9 mi |
C 736 Harbor Island Drive Active | $9,750,000 List Price | 5 | 4 | 3,922 | $2,486 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was rebuilt down to the studs in 1991, making the major systems and interior finishes approximately 33 years old. While the home is meticulously maintained and functional, the aesthetic (ornate columns, brass fixtures, and specific marble patterns) is dated and exceeds the 30-year threshold for modern updates, though it remains move-in ready.
Boasting 146 feet of bay frontage on the largest corner lot in the prestigious Harbor Island Drive, this property offers unparalleled scale and privacy for the area.
The private dock is a standout feature, capable of accommodating a 70-foot yacht plus a Duffy boat, making it a premier choice for serious maritime enthusiasts.
Designed to maximize its location, the residence provides breathtaking, unobstructed views of the bay, harbor, and ocean from nearly every room in the house.
Although rebuilt in 1991, the interior finishes and systems may require modern updates to meet the aesthetic expectations of today’s luxury buyers at this price point.
With a 5,102 sqft home occupying most of the 7,000 sqft lot, there is limited traditional yard space or greenery beyond the waterfront terrace.
Occupying the largest lot on prestigious Harbor Island Drive, this exceptional corner bayfront residence offers an incredible opportunity to enjoy one of Newport Beach's most coveted waterfront locations. With approximately 146 feet of bay frontage, the private dock accommodates a 70-foot yacht, a Duffy boat, and two dock racks, creating the perfect setting for boating enthusiasts. Designed to maximize its spectacular surroundings, the home captures panoramic views of the bay, and harbor from nearly every room. The expansive waterfront terrace features a dipping pool, elevated spa, and multiple areas for entertaining, while pass-through windows from the kitchen and formal bar create effortless indoor-outdoor living. The home offers five bedrooms, four and a half bathrooms, and an office. A private main-level suite with its own entrance is ideal for guests or multi-generational living, while the spacious primary retreat features a fireplace sitting area and a private balcony overlooking the water. Custom details throughout include Kohler Artist Edition sinks, handcrafted mosaic tilework, and spa-inspired finishes. Rebuilt down to the studs in 1991, this remarkable property also includes access to Harbor Island's private beach and is just minutes from Balboa Island, world-class dining, shopping, and Newport Harbor, offering an unmatched coastal lifestyle.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 2.0 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 5,102 | 2,868 |
| Lot Size | 7,000 | 6,914 |
| Price | $9.99M | $4.44M |
| Price per sq ft | $2.0K | $1.6K |
| Built year | 1975 | 1970 |
| HOA | $512.0 | $430 |
| Days on market | 9 | 59 |
Jul 13, 2026
$9,995,000
Initial Listing
Jul 12, 2004
$4,275,000
Public Record
Apr 25, 1997
$2,400,000
Public Record