Property listed by Broker Home Services, Jared Galioto 949-636-1574
$3,500,000
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… Read More 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.” Read Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Partial Baths
1
Square Ft.
3,400
Lot Size
0.17 Acres
Year Built
1962
MLS Number
PW25037244
30 Days Snapshot Of 92660
$3,726k
-7%
(avg) sold price
19
0%
homes sold
94
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1962, Levels: Two, Living area: 3400, 2 stories, Architectural style: SeeRemarks, Common walls: NoCommonWalls, Construction materials: Unknown
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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