116 42nd Street, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 2 bath
Loading property details...
Newport Beach, California 92663
This Coastal Beach Cottage is a premium Move-In Ready Home listed at $2,995,000. Located just four houses from the sand, the property commands a Prime Coastal Location premium over the $2,597,516 Fair Market Value. Featuring a Move-In Ready Condition Rating, the home benefits from a new roof and siding, alongside a rare two-car garage. Within the Newport Mesa Unified School District, students have access to the 9/10 rated Newport Elementary School. This residence is an ideal match for luxury lifestyle seekers or coastal families seeking a turnkey beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 42nd Street Subject | $2,995,000* List Price | 3 | 2 | 1,258 | $2,065 | - |
A 6507 Seashore Dr. Sold | $3,075,000 | 4 | 2 | 1,543 | $1,993 | 1.0 mi |
B 258 Walnut Active | $2,499,000 List Price | 3 | 2 | 1,348 | $1,854 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1957 beach cottage is in move-in ready condition following significant recent capital improvements, including a new roof, siding, and windows. The interior features brand-new carpeting, fresh paint, and modern ceiling fans. While the kitchen and bathrooms have been refreshed with painted cabinetry and stainless steel appliances, they retain some older elements such as ceramic tile countertops and flooring, preventing an 'excellent' rating. Overall, the property is well-maintained with major systems updated or functional.
Elementary School: Newport Elementary School (9/10).
Situated just four houses from the sand on the Balboa Peninsula, this property offers an exceptional beachside lifestyle with immediate access to the ocean.
The home features significant recent upgrades including a new roof, windows, and siding, which reduces immediate maintenance concerns and enhances curb appeal.
With an asking price of nearly $3 million for 1,258 square feet, the property commands a significant premium that may be a hurdle for value-conscious buyers.
Despite its proximity to the water, the listing indicates no specific ocean or bay views, which is often a primary expectation for luxury investments in this area.
Charming beach cottage 4 houses off the sand with new roof, windows, and siding. Walk up to a classic white picket fence bordering a large patio that leads straight through the turquoise baby blue dutch door into your next home. On your left is the charming living room with generous fireplace and on your right is a large peninsula and bar for eating and drinking with friends and family. Just beyond the kitchen is a little garden wall framed by succulents that wanders out to the side yard or dog run. Brand new carpet in all the rooms and charming tile work in the baths. Home features a large two car garage with storage and work bench.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades PK-6 • 1.4 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 4.0 | 27% |
| Square foot | 1,258 | 2,573 | 8% |
| Lot Size | 2,550 | 4,966 | 16% |
| Price | $3.00M | $4.45M | 24% |
| Price per sq ft | $2.4K | $1.8K | 71% |
| Built year | 1957 | 1963 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 169 | 2% |
Apr 13, 2026
$2,995,000
Initial Listing
Mar 5, 2018
$1,450,000
Public Record
Aug 15, 2008
$1,425,000
Public Record
Mar 29, 2007
$1,162,000
Public Record