$59,000,000

Estimated payment $359,842/month

Total Views 31,597
6 Beds
4.5 Baths
3,600 Sq Ft
$16,389 Price per Sq Ft

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Property is near a park
  • Abraham Lincoln Elementary School Rated A
  • 0.41 Acre Lot
  • 2 Car Attached Garage

About This Home

This landmark Newport Beach Harbor Island home, situated on two of its most extraordinary view lots, is available for sale for the first time in over 70 years. Favored for its timeless classic style, impressive private dockage, magnificent stately grounds, and beautifully manicured specimen trees, this gracious residence, built circa 1937, presides over Newport Harbor’s central turning basin and anchorage, the hub of the harbor’s yachting activity. This offering comprises two independent lots (numbers 20 and 21), each fifty feet wide. Their combined one hundred feet of frontage, found on the most desirable island in Newport Harbor, represents the last opportunity of its kind. Surrounded by Southern California’s most impressive and expensive waterside residences, this property can be restored, expanded, or wholly reimagined to build the waterfront home of your dreams. The existing private dock can accommodate several boats to 78’, and reconfiguration could allow for a yacht to 100’. Lot 21 can be purchased separately for $29,500,000.

Listing Agent

Evan Corkett

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-285-1055 License #00468496 Listed on: 01/28/2025

Pacific Sotheby's Int'l Realty

Co-Listing Agent

Robert Giem

Plus Real Estate Brokerage Phone: 949-285-1055 License #01082750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408,230

Year Built

  • Built in 1937

Lot Details

  • 0.41 Acre Lot
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden

HOA Fees

  • $2,790 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Harbor
  • City Lights

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Docks
  • Property is near a park

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 802
  • Assessor Parcel Number 05023029
  • $369 per year additional tax assessments

Community Details

Overview

  • Harbor Island Association, Phone Number (949) 261-8282
  • Private HOA
  • Harbor Island Subdivision

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$408,230

Year Built

Built in 1937

Lot Details

0

HOA Fees

$2,790 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Harbor Island (HARI)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05023029
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3600.00 Square Feet
  • Stories: 2
  • Entry Location: 1/1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Bay, City Lights, Harbor, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security, Controlled Access
  • Association Fee: 33481.00
  • Association Fee Frequency: Annually
  • Association Name: Harbor Island
  • Phone: 949-261-8282
  • Senior Community: No
  • Community Features: Storm Drains
  • Association Management: private

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 17726.00
  • Lot Size Acres: 0.4069
  • Latitude Manual: 33.61078800

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 17726.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 802
  • TaxOtherAnnualAssessmentAmount: 369.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $408,230 $39,535,200 $39,241,728 $293,472
2024 $408,230 $45,900,000 $45,631,496 $268,504
2023 $9,693 $888,354 $780,395 $107,959
2022 $9,529 $870,936 $765,093 $105,843
2021 $9,348 $853,859 $750,091 $103,768
2020 $9,258 $845,104 $742,400 $102,704
2019 $9,071 $828,534 $727,843 $100,691
2018 $8,892 $812,289 $713,572 $98,717
2017 $8,736 $796,362 $699,580 $96,782
2016 $8,542 $780,748 $685,863 $94,885
2015 $8,460 $769,021 $675,561 $93,460
2014 $8,261 $753,957 $662,327 $91,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 For Rent $75,000 0.0% --
01/28/2025 01/28/25 For Sale $59,000,000 -- $16,389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $750,000 Unknown
Closed $650,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25020448

California Regional Multiple Listing Service (CRMLS)

APN: 050-230-29