24 Narbonne, Newport Beach, California 92660, Newport Beach, - bed, bath
ACTIVE$4,980,000
24 Narbonne, Newport Beach, California 92660
4Beds
5Baths
4,627Sqft
13,068Lot
Year Built
1980
Close
-
List price
$4.98M
Original List price
$4.98M
Price/Sqft
-
HOA
$385
Days on market
-
Sold On
-
MLS number
WS25179751
Home ConditionTear down
Features
Excellent View: City Lights
ViewCity Lights
About this home
With permit ready plans, you can start to build a nearly 6,000 sq. ft. luxury residence in Newport Beach! This home would have four bedrooms with en suite bathrooms, two kitchens, a home theater, and multipanel glass doors seamlessly bridging the activity room with a swimming pool and BBQ area. A well-designed rooftop deck that offers stunning ocean, harbor, and city views. Located at the end of a quiet cul-de-sac in the prestigious 24/7 guard-gated Harbor Ridge community, this 13,068 sq. ft. lot offers unmatched privacy and proximity to beaches, world-class dining, and top-rated schools.
Price History
Date
Event
Price
08/08/25
Listing
$4,980,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (115 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 5 | 4 | 74% |
| Square foot | 4,627 | 2,840 | 88% |
| Lot Size | 13,068 | 7,700 | 91% |
| Price | $4.98M | $3.9M | 69% |
| Price per square foot | $1,076 | $1,382 | 18% |
| Built year | 1980 | 9855986 | 68% |
| HOA | $385 | 0% | |
| Days on market | 89 | 155 | 21% |
Condition Rating
Tear down
The property, built in 1980, is 44 years old. The listing explicitly states 'With permit ready plans, you can start to build a nearly 6,000 sq. ft. luxury residence,' and the primary images are architectural renderings of this proposed new build. The few photos of the existing structure show a dated exterior and neglected landscaping, with no interior photos provided. This strongly indicates the current house is intended for demolition, with the value being in the land and the approved plans for redevelopment, not the existing structure.
Pros & Cons
Pros
Development Opportunity: Comes with permit-ready plans for a nearly 6,000 sq. ft. luxury residence, significantly streamlining the custom build process and saving considerable time and effort for the buyer.
Premium Views: The proposed design includes a well-designed rooftop deck offering stunning ocean, harbor, and city views, a highly desirable feature in Newport Beach.
Exclusive Location: Situated in the prestigious 24/7 guard-gated Harbor Ridge community in Newport Beach, known for its security, exclusivity, and high-end living.
Privacy & Lot Size: Located at the end of a quiet cul-de-sac on a generous 13,068 sq. ft. lot, providing unmatched privacy and ample space for a luxury estate.
Prime Amenities Access: Offers excellent proximity to Newport Beach's renowned beaches, world-class dining, and top-rated schools, enhancing lifestyle and property value.
Cons
Significant Additional Investment Required: The property's value is primarily in the land and approved plans; the buyer must undertake and finance the entire construction of the luxury residence, representing a substantial cost beyond the purchase price.
Construction Timeline & Management: Despite permit-ready plans, the actual construction of a nearly 6,000 sq. ft. custom home will involve a lengthy timeline and require significant project management from the buyer.
Existing Structure's Condition: The description focuses on future construction, implying the existing 1980-built home is likely a tear-down or requires extensive renovation, adding to the overall project complexity and cost.