ACTIVE$9,900,000

5901 Seashore Drive, Newport Beach, California 92663

6Beds

5Baths

3,185Sqft

2,700Lot

Year Built

1965

List price

$9.9M

Original List price

$10.9M

Price/Sqft

HOA

Days on market

Sold On

MLS number

SB25162292

Home ConditionPoor

Features

Excellent View: Catalina, Coastline, Ocean, Panoramic, Pier

Deck

Patio

ViewCatalina, Coastline, Ocean, Panoramic, Pier

About this home

ORIGINAL LIST PRICE $10,900,000, NOW... $9,900,000.ONE OF ONLY 2 OF THE FINEST OCEAN FRONT CORNERS IN WEST NEWPORT, PROVIDES ALL DAY SUN FROM THE LARGEST LOT ON QUIET, UNCROWDED WHITE SAND NON-BOARDWALK BEACH, WITH SPECTACULAR PANORAMIC OCEAN/COASTLINE VIEWS FROM THE NEWPORT PIER TO PT. FERMIN IN FRONT WITH NO HOMES BEHIND. IMPROVED WITH 2 OCEAN FRONT MID-CENTURY NATURAL LIGHT FILLED CONTEMPORARY UNITS (CAN'T BE DUPLICATED). UPPER: 3 BEDROOMS, 1-3/4 BATHS, FAMILY ROOM, LARGE DECK, BREATHTAKING VIEWS; KITCHEN, BATH REMODELS NOT COMPLETED. LOWER: 3 BEDROOMS, 1-3/4 BATHS FRONT PATIO/YARD, OCEAN VIEWS. 3 CAR GARAGE (CAN'T BE DUPLICATED), AND 3/4 BEACH BATH. POTENTIAL: COMPLETE UPPER UNIT KITCHEN, BATH RENOVATIONS, ENJOY AS IS. RENOVATE FOR USE AS A DUPLEX OR A SINGLE-FAMILY RESIDENCE WITH ADU. CONVERT OWNERSHIP TO TENNANT IN COMMON(TIC) WHICH CREATES SEPARATE UNDIVIDED PERCENTAGTE OWNERSHIP INTEREST FOR UPPER UNIT AND LOWER UNIT THAT CAN BE INDIVIDUALLY BOUGHT AND SOLD. BUILD A WORLD-CLASS HOME PERFECTLY LOCATED "FRONT ROW" ON THE OCEAN AND TO ALL THE WONDERFULL EXPERIENCES NEWPORT BEACH HAS TO OFFER.

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

Price History

Date

Event

Price

10/04/25

Price Change

$9,900,000-2.9%

10/01/25

Price Change

$10,200,000-1.9%

09/12/25

Price Change

$10,400,000-4.6%

07/22/25

$10,900,000

Neighborhood Comparison

	Subject	Average Home	Neighbourhood Ranking (24 Listings)
Beds	6	6	50%
Baths	5	4	56%
Square foot	3,185	2,467	92%
Lot Size	2,700	2,614	52%
Price	$9.9M	$3.2M	96%
Price per square foot	$3,108	$1,404	96%
Built year	1965	1965	50%
HOA
Days on market	106	168	16%

Condition Rating

Poor

Built in 1965, this property is nearly 60 years old. The listing explicitly states that the 'KITCHEN, BATH REMODELS NOT COMPLETED' for the upper unit, indicating a significant portion of the interior is unfinished or in disrepair. The property analysis also lists 'Age of Property' and 'Significant Upfront Investment Required' as weaknesses, suggesting extensive updates are needed beyond just the incomplete areas. While the exterior appears functional from the images, the critical interior spaces require substantial rehabilitation, aligning with the 'poor' condition criteria.

Pros & Cons

Pros

Unbeatable Oceanfront Location & Views: Positioned as one of only two finest oceanfront corners in West Newport, this property boasts the largest lot on a quiet, uncrowded white sand non-boardwalk beach, offering spectacular panoramic ocean and coastline views from the Newport Pier to Pt. Fermin with no homes behind.

Exceptional Development & Income Potential: The property offers diverse potential, including completing existing renovations, converting to a single-family residence with an ADU, creating Tenant In Common (TIC) ownership for separate sale of units, or building a world-class custom home on an irreplaceable 'front row' ocean lot.

Significant Price Reduction: The property has seen a substantial price reduction from its original list price of $10,900,000 to $9,900,000, indicating increased value for potential buyers.

Unique & Irreplaceable Features: The property benefits from a unique and unduplicable combination of features, including its corner oceanfront lot, the largest on the quiet beach, and a rare 3-car garage, enhancing its long-term value and exclusivity.

Income-Generating Duplex Configuration: Currently improved with two oceanfront mid-century contemporary units, the property provides immediate income potential or flexible living arrangements, with 3 bedrooms and 1.75 baths in both the upper and lower units.

Cons

Incomplete Renovations: The upper unit's kitchen and bath remodels are not completed, requiring immediate additional investment and effort from the buyer to bring the property to its full potential.

Significant Upfront Investment Required: While offering immense potential, realizing the property's highest and best use (e.g., building a world-class home or fully renovating both units) will necessitate substantial additional capital expenditure beyond the purchase price.

Age of Property: Built in 1965, the mid-century units, despite their natural light, may require extensive updates beyond the stated incomplete remodels to meet modern luxury standards and buyer expectations for a property at this price point.

About this home

Nearby schools

Price History

Pros

Cons

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5901 Seashore Drive, Newport Beach, California 92663, Newport Beach, - bed, bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI