Under the dual background of deep population aging and urban renewal and quality improvement, the leisure pension needs of disabled elderly groups, as special vulnerable groups in pension services, have long been neglected. Urban renewal is not only the transformation and upgrading of urban space and facility environment, but also the reconstruction of the public service system and people’s livelihood guarantee mechanism, which brings an important opportunity for the quality improvement of leisure pension services for the disabled elderly. Taking Dalian as the research object, based on the theories of urban renewal, active aging, and barrier-free environment construction, this paper systematically explores the current situation of leisure pension services for the disabled elderly in Dalian through field investigation, questionnaire survey, and interview analysis. The study finds that the current leisure pension for the disabled elderly in Dalian has problems such as insufficient spatial adaptability, imperfect barrier-free facilities, single leisure service content, unbalanced supply and demand matching, and an imperfect service guarantee mechanism. Combined with Dalian’s urban construction practices such as old community renovation, coastal urban renewal and community quality improvement, targeted optimization strategies are proposed from five dimensions: spatial environment, service system, operation mechanism, policy guarantee, and intelligent empowerment, so as to make up for the shortcomings of pension services for the disabled elderly, build a leisure pension service system that adapts to the rhythm of urban renewal and meets the physical and mental needs of the disabled elderly, help build an elderly-friendly and barrier-free livable city in Dalian, and provide reference for the optimization of pension services for the disabled elderly in similar coastal cities.