11 Harbor Island, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$16,995,000
11 Harbor Island, Newport Beach, California 92660
3Beds
2Baths
2,573Sqft
8,450Lot
Year Built
1950
Close
-
List price
$17M
Original List price
$17.9M
Price/Sqft
-
HOA
$18,650
Days on market
-
Sold On
-
MLS number
OC25160502
Home ConditionFair
Features
Excellent View: Bay, City Lights, Coastline, Harbor, Panoramic
Deck
Spa
Patio
ViewBay,City Lights,Coastline,Harbor,Panoramic

About this home

Waterfront Estate with Dock & Development Potential A rare offering on prestigious, guard-gated Harbor Island, this waterfront home sits on a large lot with 50 feet of harbor frontage and includes a private dock for up to a 57’ yacht—an exceptional amenity for boating enthusiasts. Enjoy panoramic views of the harbor and direct access to the water. Originally built in 1950 and retaining much of its original charm, the home features an open-concept remodeled kitchen, updated flooring, and a refreshed primary bath. The layout includes two bedrooms downstairs and a spacious upstairs master suite. The rest of the home remains in its classic mid-century condition, offering the perfect canvas for customization, renovation, or complete redevelopment to create a one-of-a-kind coastal estate. This property represents a unique value proposition in one of the most ultra-exclusive areas of Newport Beach. The seller is open to joint venture opportunities, making this an ideal project for investors or end-users seeking custom harbor-front living. This property is conveniently located near top-rated schools, shopping, and fine dining.

Price History

Date
Event
Price
08/06/25
$16,995,000
07/16/25
$17,900,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (116 Listings)
Beds34
34%
Baths23
21%
Square foot2,5732,781
43%
Lot Size8,4507,700
65%
Price$17M$3.9M
97%
Price per square foot$6,605$1,391
99%
Built year19501971
3%
HOA$19K
1%
Days on market112154
29%
Condition Rating
Fair

The property, built in 1950, features a beautifully remodeled open-concept kitchen, updated flooring, and a refreshed primary bath, which appear to be in excellent condition with modern finishes and appliances. However, the listing description explicitly states that 'The rest of the home remains in its classic mid-century condition, offering the perfect canvas for customization, renovation, or complete redevelopment.' This indicates that while key areas are updated, a significant portion of the home is outdated and would require further updates or renovations to meet contemporary standards. This mixed condition, with some modern updates but substantial original elements, aligns best with the 'Fair' category, as it is aged but maintained, with functional components that show signs of being outdated in parts, and is presented as needing further customization.
Pros & Cons

Pros

Prime Waterfront Location & Exclusivity: Situated on prestigious, guard-gated Harbor Island with 50 feet of harbor frontage, offering unparalleled privacy and access in an ultra-exclusive Newport Beach community.
Private Yacht Dock: Includes a rare private dock capable of accommodating a yacht up to 57 feet, a highly coveted amenity for boating enthusiasts.
Significant Redevelopment Potential: The large lot and existing structure provide an exceptional canvas for extensive customization, renovation, or complete redevelopment into a bespoke coastal estate.
Panoramic Harbor & City Views: Boasts stunning panoramic views of the harbor, bay, coastline, and city lights, enhancing the property's aesthetic and intrinsic value.
Investor-Friendly Opportunity: The seller's openness to joint venture opportunities makes this an attractive project for investors and developers seeking high-value harbor-front projects.

Cons

Extensive Renovation/Redevelopment Required: Built in 1950, the majority of the home retains its original mid-century condition, necessitating significant investment for modernization or complete redevelopment.
High Price Point & Ongoing Costs: The multi-million dollar list price combined with substantial annual association fees ($18,650) targets a very niche buyer pool and represents a significant financial commitment.
Limited Immediate Move-in Appeal: While some areas are updated, the overall dated condition means the property is not move-in ready for most luxury buyers and requires immediate capital expenditure.

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