5201 Seashore Drive, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$6,995,000
5201 Seashore Drive, Newport Beach, California 92663
5Beds
3Baths
1,868Sqft
1,860Lot
Year Built
1959
Close
-
List price
$7M
Original List price
$7.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25162281
Home ConditionTear down
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic
Deck
ViewCatalina, Coastline, Ocean, Panoramic

About this home

An incredible beachfront location being sold with approved plans, this property rests on a corner lot in one of the most desirable locations in West Newport. No special construction requirements or caissons needed to build in this location. Panoramic views stretch for miles: sandy beaches, Newport Pier, jetties, the endless Pacific Ocean and Catalina Island vistas. Watch waves crash from the comfort of your newly constructed home or enjoy beachfront living. Current plans by Rizzo Associates outline an approximately 1,412 square foot main residence and a ~564 square foot ADU, offering nearly two thousand square feet of flexible living space across three levels. Both spaces offer thoughtful layouts intended to maximize the on-the-sand location of this lot, with multiple outdoor spaces and a rooftop deck. Newport Beach lends itself well to part- and full-time living, with fantastic restaurants, world class shopping, famous surf spots, endless beaches, and easy airport access.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.7mi
9/10
Newport Elementary School
Public,PK-61.8mi
7/10
Horace Ensign Intermediate School
Public,7-81.6mi
7/10
Newport Harbor High School
Public,9-121.8mi

Price History

Date
Event
Price
09/17/25
Price Change
$6,995,000-6.7%
07/20/25
Listing
$7,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (79 Listings)
Beds54
73%
Baths34
41%
Square foot1,8682,613
25%
Lot Size1,8603,629
11%
Price$7M$4.85M
74%
Price per square foot$3,745$1,849.5
90%
Built year19599800981
45%
HOA
Days on market108188
18%
Condition Rating
Tear down

The property, built in 1959, is explicitly marketed as being sold with approved plans for a 'newly constructed home' and an ADU. The description focuses on the land's beachfront location and redevelopment potential, rather than the existing structure. The images include a rendering of the proposed new build and aerial views of the lot, one of which shows an existing structure that appears to be under significant construction or demolition. This strongly indicates the current structure is considered unlivable or beyond repair, with the property's value based solely on the land and its potential for redevelopment.
Pros & Cons

Pros

Unbeatable Beachfront Location: Situated on a corner lot in highly desirable West Newport, offering direct beach access and an unparalleled coastal living experience.
Pre-Approved Development Plans: Includes approved plans for a new main residence and an ADU, significantly reducing development timelines and permitting hurdles.
Expansive Panoramic Views: Boasts breathtaking panoramic views of the Pacific Ocean, Catalina Island, Newport Pier, and sandy beaches from the proposed new structure.
Streamlined Construction Process: The property requires no special construction requirements or caissons, simplifying the building phase for the new custom home.
Exceptional Lifestyle & Investment: Located in a world-renowned city with access to premium amenities, offering both a luxurious lifestyle and robust long-term investment potential.

Cons

Significant Construction Investment: The current list price is for the land and plans, necessitating a substantial additional investment for demolition of the existing 1959 structure and construction of the new home.
Small Lot Footprint: The 1,860 sqft lot size is relatively compact, which may limit extensive landscaping or larger outdoor amenities beyond the planned multi-level design.
Time & Effort for New Build: While plans are approved, the buyer must still undertake the entire construction process, involving considerable time, project management, and potential unforeseen costs.

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