2173 Orchard Drive, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 1 bath
ACTIVE$8,995,000
2173 Orchard Drive, Newport Beach, California 92660
2Beds
1Bath
932Sqft
37,950Lot
Year Built
1941
Close
-
List price
$8.99M
Original List price
$9.99M
Price/Sqft
$9,651
HOA
-
Days on market
-
Sold On
-
MLS number
NP25113718
Home ConditionTear down
Features
Good View: None
View-
About this home
We found 3 Cons,7 Pros. Rank: price - $8.99M(93th), sqft - 932(1th), beds - 2(3th), baths - 1(2th).
For the first time in over 80 years, 2173 Orchard is available for purchase—a rare opportunity to own a landmark estate in Newport Beach’s only equestrian neighborhood. Spanning an expansive 37,950-square-foot flat lot, this is the largest parcel currently for sale in Newport Beach. The property features a modest home alongside a fully operational equestrian stable, accommodating 8 to 11 horses, with direct access to scenic trails that wind through miles of Newport Beach’s Back Bay. As part of this exclusive community, residents enjoy picturesque views of horses during morning strolls and seamless access to the Back Bay Nature Preserve, offering stunning trails for walking and biking. This is truly a once-in-a-lifetime opportunity.
Nearby schools
9/10
Eastbluff Elementary School
Public,•K-6•1.1mi
8/10
Heinz Kaiser Elementary School
Public,•3-6•1.8mi
/10
Woodland Elementary School
Public,•PK-2•2.0mi
8/10
Mariners Elementary School
Public,•PK-6•2.5mi
7/10
Horace Ensign Intermediate School
Public,•7-8•3.6mi
9/10
Corona Del Mar High School
Public,•7-12•1.5mi
7/10
Newport Harbor High School
Public,•9-12•3.2mi
Price History
Date
Event
Price
11/19/25
Price Change
$8,995,000
05/22/25
Listing
$9,995,000
Condition Rating
Tear down
The property was built in 1941, making it over 80 years old, and the listing explicitly states it's available for the first time in over 80 years, implying no significant renovations. The description refers to it as a 'modest home' and the property analysis suggests it 'likely requires extensive renovation or complete demolition' and that the 'high list price primarily reflects land value.' With no interior images provided, and given the age and lack of updates, the existing structure is considered to be beyond repair or not worth renovating, with its value solely in the expansive land and redevelopment potential.
Pros & Cons
Pros
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 = 37950, living area = 932.
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unparalleled Lot Size & Rarity: Spanning an expansive 37,950-square-foot flat lot, this is the largest parcel currently for sale in Newport Beach, available for the first time in over 80 years, presenting a 'once-in-a-lifetime opportunity'.
Exclusive Equestrian Lifestyle: Located in Newport Beach's only equestrian neighborhood, the property features a fully operational stable accommodating 8 to 11 horses with direct access to scenic trails.
Prime Location & Nature Access: Situated in an exclusive community offering picturesque views and seamless access to the Back Bay Nature Preserve for walking and biking.
Significant Development Potential: The expansive flat lot, combined with a modest existing home, offers immense potential for building a custom luxury estate or expanding the current structure to maximize its value.
Unique Niche Appeal: This property caters to a highly specific and affluent buyer seeking a private equestrian estate within a prestigious coastal city, offering a distinct lifestyle.
Cons
Outdated/Modest Existing Structure: The 1941-built 'modest home' (932 sqft, 2 beds, 1 bath) is significantly undersized and likely requires extensive renovation or complete demolition for a property of this caliber and price point.
Substantial Additional Investment Required: The high list price primarily reflects land value, necessitating a significant additional investment for construction or modernization to match the property's potential and neighborhood standards.
Limited Buyer Pool: The specialized equestrian facilities and the need for substantial redevelopment narrow the target market to a very specific segment of ultra-high-net-worth individuals, potentially extending market time.