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230 Ocean View Ave - Newport Luxury Home Development Opportunity 0.27 Acres of Residential Land Offered at $6,200,000 in Newport Beach, CA 92663

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INVESTMENT HIGHLIGHTS

  • Large Flat Lot
  • Views of Newport Harbor, the Pacific Ocean, and Catalina Island

EXECUTIVE SUMMARY

Exceptional opportunity in the heart of Newport Heights, just steps from Mariners Mile dining and shopping. Perched on an elevated lot with sweeping views of Newport Harbor, the Pacific Ocean, and Catalina Island, this property offers rare potential to build a custom estate in one of Newport Beach’s most coveted communities.
Approved plans call for a 9,148 sq ft modern residence with 8 bedrooms and 10 bathrooms, featuring dramatic living spaces, a private cinema, game room, elevator, and a primary suite with its own balcony. However, the seller is open to working with a buyer on custom plans if the included designs are not preferred. Located minutes from Newport Harbor, local beaches, world-class shopping at Fashion Island, and top-tier dining, this property offers both luxury and convenience. With proximity to Hoag Hospital, championship golf courses, and premier schools, it’s ideal as a full-time coastal residence or an exquisite vacation retreat. This is a rare chance to build a one-of-a-kind dream home in one of Newport Beach’s most desirable neighborhoods.

PROPERTY FACTS

Price $6,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 0.27 AC
Zoning Residential - Residential

1 LOT AVAILABLE

Lot

Price $6,200,000
Price Per AC $23,220,973.78
Lot Size 0.27 AC

Exceptional opportunity in the heart of Newport Heights, just steps from Mariners Mile dining and shopping. Perched on an elevated lot with sweeping views of Newport Harbor, the Pacific Ocean, and Catalina Island.

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
049-123-11
Land Assessment
$3,963,022
Improvements Assessment
$0
Total Assessment
$3,963,022
  • Listing ID: 37577621

  • Date on Market: 9/6/2025

  • Last Updated:

  • Address: 230 Ocean View Ave, Newport Beach, CA 92663

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