2200 Lake Park Ln, Newport Beach, CA 92660 - View 1
2200 Lake Park Ln, Newport Beach, CA 92660 - View 2
2200 Lake Park Ln, Newport Beach, CA 92660 - View 3

2200 Lake Park Ln, Newport Beach, CA 92660

List Price: $3,250,000On Market FlagOn market
Feb 20, 20253,400 sqft5 beds4 baths
Listed by: Jared Galioto
License #: 01901962
Phone #: 9496361574
Broker Home Services
Source:
CRMLS Logo
MLS #: PW25037244

Property Description

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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,664

TurboHome Estimated Value

$3,013,800

$886 sqft

High Valuation
$3,164,490
$931/sqft
Normal Valuation
$3,013,800
$886/sqft
Low Valuation
$2,863,110
$842/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$886/sqft$3,013,800

Neighborhood: Santa Ana Heights Residential (SAHR)

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Comparative Value

$2.65M

$3.06M

$3.25M

$3.38M

$3.90M

$3.95M

367 Newport Glen Ct, Newport Beach, CA 92660

Sale Price: $2,650,000

Selected Comparable

2307 Windward Ln, Newport Beach, CA 92660

Sale Price: $3,060,000

Selected Comparable

2200 Lake Park Ln, Newport Beach, CA 92660

List Price: $3,250,000

Subject Property

2212 Windward Ln, Newport Beach, CA 92660

Sale Price: $3,380,000

Selected Comparable

266 Cecil Pl, Costa Mesa, CA 92627

Sale Price: $3,900,000

Selected Comparable

2012 Tustin Ave, Newport Beach, CA 92660

Sale Price: $3,950,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2200 Lake Park Ln, Newport Beach, CA 92660

2200 Lake Park Ln, Newport Beach, CA 92660

List: $3,250,000

Listed: 2/20/2025

Area:3,400 sqft
Price/sqft:$956
Beds:5
Baths:4
Year Built:
Lot Size:7,590

Comparable Properties

COMPARABLE
Choose comps
266 Cecil Pl, Costa Mesa, CA 92627

266 Cecil Pl, Costa Mesa, CA 92627

Sale: $3,900,000

5/21/20250.40 mi

Area:3,061 sqft
Price/sqft:$1,274
Beds:5
Baths:4
Year Built:
Weight:24.0%
367 Newport Glen Ct, Newport Beach, CA 92660

367 Newport Glen Ct, Newport Beach, CA 92660

Sale: $2,650,000

11/14/20240.18 mi

Area:3,460 sqft
Price/sqft:$766
Beds:4
Baths:4
Year Built:
Weight:20.5%
2212 Windward Ln, Newport Beach, CA 92660

2212 Windward Ln, Newport Beach, CA 92660

Sale: $3,380,000

4/25/20250.37 mi

Area:3,016 sqft
Price/sqft:$1,121
Beds:4
Baths:4
Year Built:
Weight:19.1%
2012 Tustin Ave, Newport Beach, CA 92660

2012 Tustin Ave, Newport Beach, CA 92660

Sale: $3,950,000

11/7/20240.24 mi

Area:3,979 sqft
Price/sqft:$993
Beds:5
Baths:5
Year Built:
Weight:18.7%
2307 Windward Ln, Newport Beach, CA 92660

2307 Windward Ln, Newport Beach, CA 92660

Sale: $3,060,000

11/12/20240.39 mi

Area:2,917 sqft
Price/sqft:$1,049
Beds:4
Baths:4
Year Built:
Weight:17.7%

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