9 Leesbury Court, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath
9 Leesbury Court
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 9 Leesbury Court, Newport Beach, California 92660 reveals a property with a current list price of $11,000,000, which is 22% above the estimated $8,516,451 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is explicitly stated to be in a state of 'pre-renovation demolition' and the interior images confirm this with exposed studs, bare subfloors, and no visible finished kitchen or bathroom areas. It is not habitable and requires substantial repairs and rehabilitation to become livable, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31524, living area = 5646.
- Prime Location & Exclusivity
Situated in the private, guard-gated community of Belcourt in Newport Beach, at the end of a cul-de-sac, offering unparalleled privacy and prestige.
- Expansive Lot & Outdoor Amenities
An oversized 0.8-acre parcel features spacious gardens, lawns, and a private tennis court, providing significant outdoor living and recreational space.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is currently in a state of pre-renovation demolition, necessitating a significant investment of time, capital, and effort to complete the remodeling.
- High Entry Price for Condition
The $11,000,000 list price is substantial for a property that requires a full, extensive renovation, potentially limiting the buyer pool.
- Absence of Views
The property lacks any notable views, which can be a significant detractor in the luxury Newport Beach market where ocean or city views often command a premium.
About 9 Leesbury Court
A very special opportunity awaits to complete this one-of-a-kind Newport Beach estate property. Located at the end of a cul-de-sac in the private, guard-gated community of Belcourt in Newport Beach, this oversized parcel of approximately .8 acres includes spacious gardens, lawns, a private tennis court, and a 5,600 square foot traditional style residence. The home is ready for remodeling and has had some pre-renovation demolition completed. Conceptual plans for the home include an updated exterior restyling, an addition of approximately 1,000 square feet, a reconfigured main level plan, a new pool and guest house ADU, and a refurbished garden plan. This is a truly unique chance to enjoy a lifestyle not afforded elsewhere in Newport Beach. Also on offer is a vacant parcel next door featuring an additional one-half acre of gardens. Its address is 7 Leesbury Court ($5.85 million). It poses many possibilities to join with 9 Leesbury to further distinguish the estate.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 31,524 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $365.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 6.0 | 3.0 | 90% |
| Square foot | 5,646 | 2,643 | 97% |
| Lot Size | 31,524 | 7,500 | 98% |
| Price | $11.00M | $3.85M | 96% |
| Price per sq ft | $1.9K | $1.4K | 86% |
| Built year | 1984 | 1970 | 72% |
| HOA | $365.0 | $375 | 50% |
| Days on market | 395 | 162 | 98% |
Pricing History
Listed for Sale
Nov 26, 2025
$11,000,000
Initial Listing
Price Change
Feb 5, 2025
$8,500,000
Initial Listing