San Clemente - Ali Ardabili Team
1/1
Listed By: Broker Home Services, 949-636-1574, Jared Galioto
Local Realty Services Provided By: Keller Williams Legacy
Overview
What It'll Cost
Neighborhood
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$3,500,000
2200 Lake Park Lane, Newport Beach, CA 92660
5 Beds
4 Baths
3,400 sq ft
.17 ac
$3,500,000

2200 Lake Park Lane, Newport Beach, CA 92660

Estimation provided by Keller Williams Realty Inc.
5 Beds
4 Baths
3,400 sq ft
.17 ac
Active
For Sale

Property Description

Newport Beach Opportunity – Tear Down? Fix Up? Either Way, You Win! ??

They say real estate is all about location, and this one is a home run—even if the house itself is still rounding first base. Welcome to 2200 Lake Park Ln, a rare chance to own a 7,590 sqft lot in one of Newport Beach’s most exclusive and under-the-radar neighborhoods. Whether you renovate this diamond in the rough or start fresh with a dream home, the possibilities here are as big as your imagination (and maybe your budget).



The current 3,400 sqft, 5-bedroom, 4-bath home, built in 1962, has definitely seen a few decades—and let’s be honest, probably a few questionable design choices along the way. But for the right buyer, this property is a blank canvas ready to be transformed into something spectacular. Located near Cherry Lake (yes, Newport Beach has a secret lake!), this home enjoys a peaceful, tucked-away setting while being just minutes from top-tier shopping, dining, and the beach.



So, What Are Your Options?

Renovate & Reimagine – Love a good project? Give this home the glow-up of the decade and make it truly your own.

Tear Down & Build New – Feeling ambitious? This lot is prime real estate for a brand-new luxury estate—just look at what the neighbors have done!

Invest & Profit – With high-end new builds in the area fetching top dollar, this is a developer’s dream waiting to happen.



Key Features:

Lot Size: 7,590 sqft – plenty of room for a stunning custom home

Existing Home: 3,400 sqft, 5-bed, 4-bath – if walls could talk, these would say, “Help me.”

Cherry Lake Proximity: Most people don’t even know this hidden lake exists—but you will!

Zoning:Residential – Build, renovate, dream big

Investment Potential: New construction homes in this area sell for eye-watering prices



Let’s be real—homes like this don’t come around often. Whether you're looking to build, renovate, or just own a slice of prime Newport Beach real estate, this is your golden ticket.



Act fast—because opportunities like this are gone before you can say “multiple offers.”

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
3,400 sq ft
Year Built
1962
Days on Site
25 Days
HVAC
See Remarks, Central Air, Central
Parking
3 Parking Spaces
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

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Purchase Price: $3,500,000
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Price & Tax History

Date
Event
Price
02/20/2025
Listed
$3,500,000
(+775%)
06/05/1997
Sold
$400,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$7,201
(+5.31%)
$651,219
Land 423,759 + Additions 227,460
2021
$6,838
(+3.02%)
$625,932
Land 407,304 + Additions 218,628
2019
$6,638
(+1.99%)
$607,367
Land 395,222 + Additions 212,145
2018
$6,508
(+1.78%)
$595,458
Land 387,472 + Additions 207,986
2017
$6,394
$583,783
Land 379,875 + Additions 203,908
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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