A rare double-width home on Lido Isle featuring a 70-foot lot, more than twice the island norm, has sold for $10 million in the Newport Harbor enclave.
The five-bedroom, 5.5-bathroom residence at 110 Via Trieste spans about 5,507 square feet on a 6,160-square-foot lot—more than double that of a typical Lido Isle parcel.
Built in 2012 and updated with a Spanish coastal design, the home stood out for its rare 70-foot-wide lot, Garrett Weston, a Coldwell Banker Realty agent, told the Business Journal. Weston represented the buyer.
Jon and Kyle Flagg of Pacific Sotheby’s International Realty represented the seller.
“That’s what made it special,” said Weston of the home’s wide lot. “Most lots on Lido are about 30 feet wide. This is over twice that, so it just feels like a real home.”
The property is on an interior street, but Weston said it sits steps away from the island’s private beach, clubhouse and public dock, an unusual combination of proximity and privacy.
The home also has an expansive outdoor space, including a pool and spa, which helped set it apart in a community where many homes lack traditional backyards.
“There are not many homes in Lido with that type of outdoor space and a swimming pool,” said Jon Flagg to the Business Journal. “It’s very rare. There may be only a dozen or so homes that have a pool in the whole community.”
According to Redfin, the home had been listed as high as $10.995 million in late 2023 before closing at $10 million, or about $1,815 per square foot.
Weston said the buyer was a local coastal homeowner moving to Newport Beach after previously living in Seal Beach and Huntington Harbor.
The client had a clear preference for Spanish-style homes, which narrowed the search.
“It’s a specific look,” said Weston. “My client has always owned that style of home, so when this came up, it really resonated with them.”
The Lido Isle Enclave
The deal reflects a broader trend on Lido Isle and in Newport Beach, where rising waterfront prices are pushing some buyers toward high-end interior homes that offer more space at a somewhat lower price.
“The pricing on the waterfront has climbed so high,” said Weston. “Not everyone needs to be on the water. With something like this—on a 70-foot lot—it gives you that same sense of scale without the waterfront price tag.”
Lido Isle is a man-made island developed in the 1920s. The neighborhood of about 800 to 850 homes remains one of Newport Beach’s most distinctive residential enclaves. Former “Rat Pack” member Joey Bishop lived on Lido Isle.
Anduril Industries co-founder Palmer Luckey, Craig Atkins of City Ventures and Allergan co-founder Gavin Herbert also live in the coastal enclave.
Weston said that with a single bridge in and out, the neighborhood has a quiet, almost private feel despite its central location in Newport Harbor.
“It feels like a gated community, even though it’s not,” Weston said.
Weston, who used to live in Lido Isle, said the island is known for its walkable layout, including pedestrian pathways called “stradas,” as well as amenities such as a private beach, clubhouse, tennis courts and yacht club.
Residents are also within minutes of Lido Marina Village, a hub for upscale dining and shopping and have quick access to Newport Boulevard and the Costa Mesa (55) Freeway.
Beyond the amenities, Weston said the lifestyle continues to draw families and long-term buyers.
“It’s just a great place to live,” he said. “Kids are riding their bikes, meeting friends on the stradas. There’s a real community feel.”
Orange County Luxury Market
Weston said the luxury market in coastal Orange County remains active, particularly for homes priced above $10 million.
“We’re busy,” he said. “Buyers are out there and they’re willing to make long-term investments in places like Newport Beach.”
At the same time, Jon Flagg noted that marketing and disciplined pricing remain key, with some higher-end listings sitting on the market due to ambitious asking prices.
Still, for properties that align with buyer expectations on location, design and value, deals are getting done.
“Buyers want to be here,” said Jon Flagg. “They are choosing to live in Orange County over Los Angeles.”
