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.”