5901 Seashore Drive, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$10,900,000
5901 Seashore Drive, Newport Beach, California 92663
0Bed
0Bath
3,185Sqft
2,614Lot
Year Built
1965
Close
-
List price
$10.9M
Original List price
$10.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25159584
Home ConditionFair
Features
Excellent View: Canal, Coastline, Ocean, Panoramic
Patio
ViewCanal, Coastline, Ocean, Panoramic
About this home
Rare duplex on the sand, one-of-a-kind location is on an oversized 30x90 corner lot. This home offers expansive, unobstructed views from the ocean to the hillside behind. This duplex offers a total of 6 bedrooms and 5 bathrooms and an oversized three car garage. The upstairs unit has been taken down to the studs, ready for someone to come make it their own. Corner location showcases the coastline , Newport beach pier and whitewater views. This is the perfect location to create your dream beach house!
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•2.0mi
9/10
Newport Elementary School
Public,•PK-6•2.1mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.9mi
7/10
Newport Harbor High School
Public,•9-12•2.0mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 6 | |
| Baths | 0 | 4 | |
| Square foot | 3,185 | 2,467 | 92% |
| Lot Size | 2,614 | 2,614 | 50% |
| Price | $10.9M | $3.2M | 96% |
| Price per square foot | $3,422 | $1,404 | 96% |
| Built year | 1965 | 1965 | 50% |
| HOA | |||
| Days on market | 112 | 168 | 16% |
Condition Rating
Fair
The property was built in 1965. The listing mentions that the upstairs unit has been taken down to the studs, implying a renovation is in progress or needed. The exterior images show a building that appears aged, but maintained. Given the age and the partial renovation, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Prime Location: Directly on the sand in Newport Beach, offering unparalleled beach access and lifestyle.
Exceptional Views: Expansive, unobstructed views of the ocean, coastline, Newport Beach pier, and hillside.
Duplex Structure: Residential income property with two units, providing potential for rental income or multi-generational living.
Large Lot Size: Oversized 30x90 corner lot, offering more space and potential than typical beachfront properties.
Renovation Opportunity: Upstairs unit is down to the studs, presenting a blank canvas for a custom renovation and increased value.
Cons
Renovation Required: Upstairs unit requires complete renovation, incurring significant costs and time investment.
Age of Property: Built in 1965, the property may require updates to meet modern standards and address potential maintenance issues.
High Price Point: List price of $10.9 million positions it in a very high-end market segment, potentially limiting the buyer pool.