Property listed by Broker Home Services, Jared Galioto 949-945-6338
$3,250,000
Newport Beach Opportunity – Priced to Move at $3,250,000! They say real estate is all about location, and this one still knocks it out of the park—even if the house itself is limping to first base. Welcome to 2200 Lake Park Ln, now offered at a more… Read More attractive price, giving you an even better chance to capitalize on this rare Newport Beach gem. Whether you're dreaming of building a custom estate or giving the existing home a dramatic HGTV-worthy makeover, the opportunity is bigger—and now more affordable than ever. Sitting on a 7,590 square foot lot, the current 3,400 square foot, 5-bedroom, 4-bath home, built in 1962, needs significant work—or, let’s be honest, a fresh start. But the location? Chef’s kiss. Tucked near the secret serenity of Cherry Lake, you’ll enjoy a peaceful neighborhood vibe that feels miles away from the buzz—but is just minutes to the beach, Fashion Island, and top schools. So What Are Your Options? - Renovate and Reimagine – Roll up your sleeves and give this property the glow-up it’s begging for. - Tear Down and Rebuild – A clean slate on a great lot in a multi-million dollar neighborhood. - Invest and Profit – Developers are already circling—this is your shot to get in while the price is hot. Key Features: - Lot Size: 7,590 square feet - Existing Home: 3,400 square feet, 5 beds, 4 baths - Hidden Gem Location: Near Cherry Lake—a tucked-away spot most Newport locals don’t even know exists - Zoning: Residential - Investment Potential: New construction homes nearby are trading hands for eye-popping prices This is the type of property people kick themselves for missing once it’s gone. Whether you're a builder, a buyer with vision, or someone who just wants land in a killer zip code, this is your shot to make something special in 92660—and now at a more compelling price. Read Less
Listing Snapshot
Days Online
57
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
$4,577k
+49%
(avg) sold price
25
-37%
homes sold
55
-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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