Multiple police units have been called to the scene alongside 2 ambulances and a duty officer from the Isle of Wight Ambulance Service.
2 fire appliances from Ryde have also been mobilised to assist with the incident, although no one is trapped inside the vehicle.
An eyewitness has told Island Echo that they saw the car travelling along the Esplanade before aquaplaning, hitting a tree and coming to rest outside the entrance to Waterside Pool having gone down the embankment.
Damage has been sustained to the vehicle and to the outside wall of the swimming pool.
A cordon has been erected around the scene.
UPDATE @ 21:30 – The male driver is being assessed by paramedics, with initial indications suggesting that he has escaped any life-threatening injuries.
Firefighters have used a rope system to help haul the casualty up the embankment with the assistance of many hands.
A Citroen Xsara Picasso has sustained heavy damage in the single vehicle crash.
The A3055 Esplanade between The Strand and Dover Street has been closed with vehicles diverting locally.
UPDATE @ 22:15 – The driver has been taken to St Mary’s Hospital by ambulance.
Recovery of the vehicle is being arranged and the road is expected to re-open in due course.