1412 Santiago Dr, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 6 bath
1412 Santiago Dr
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 1412 Santiago Dr, Newport Beach, California 92660 reveals a Fairly Priced Property with a current list price of $3,800,000 aligned with the estimated $3,799,263 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 Santiago Dr Subject | $3,800,000* List Price | 4 | 6 | 2,942 | $1,291 | - |
A 1509 Anita Lane Sold | $3,845,000 | 4 | 3 | 2,441 | $1,575 | 0.2 mi |
B 1812 Highland Drive Sold | $3,100,000 | 4 | 4 | 3,171 | $978 | 0.2 mi |
C 1650 Galaxy Drive Sold | $4,200,000 | 3 | 3 | 2,666 | $1,575 | 0.3 mi |
D 2206 Francisco Active | $2,999,000 List Price | 4 | 3 | 2,442 | $1,228 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1966, has been gutted and remediated, indicating a need for substantial repairs and rehabilitation. While plans for a new luxury home exist, the current state of the interior shows exposed framing, unfinished floors, and removed fixtures, particularly evident in the kitchen and bathroom areas. This necessitates a complete rebuild rather than minor updates. The property is essentially a land opportunity with the existing structure requiring extensive work, aligning with the 'Poor' condition score due to the significant defects and lack of functional living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Prime Location
Situated on a highly sought-after Santiago Drive in West Newport Back Bay, offering a prestigious Newport Beach address.
- Exceptional Lot & Privacy
Premium lot with 85' frontage and 112' depth, featuring an expansive, private backyard with a pool and no overlooking properties, a rare find.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-08-29. The sold price is $3,000,000.00.
- Requires New Construction
The property is essentially a land opportunity with existing structure gutted, requiring a full custom build or significant renovation.
- No Existing Interior Features
As the interior has been gutted, there are no current interior finishes or functional living spaces, necessitating immediate planning and construction.
About 1412 Santiago Dr
Exceptional Santiago Drive Opportunity | Newport Beach. Discover the rare opportunity to create your dream residence on one of West Newport Back Bay's most sought-after streets. This premium lot 85 frontage X 112 depth offers the ideal canvas to build a custom luxury home that captures the essence of coastal Newport Beach living. The current owner has already begun the process, engaging award-winning designer Rona Graf of Grace Blu Designs to craft inspired plans that seamlessly blend modern sophistication with timeless California style. Buyers may choose to continue with the existing design a single level home of 3,900sf and utilize portions of the current structure, or start anew with their own vision. Plans are done and ready to be submitted to the city. The expansive backyard provides exceptional privacy — a rare find in this coveted neighborhood — and features a pool and generous outdoor space ideal for entertaining or serene relaxation. There are no properties directly overlooking the yard, enhancing the sense of seclusion. The interior has been completely gutted and professionally remediated, with a certificate of completion issued by an environmental vendor confirming the removal of lead-based paint and asbestos, ensuring a clean slate for your build. Opportunities of this caliber in Newport Beach are seldom available — offering the perfect blend of location & potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 9,153 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Mariners Elementary School
Grades PK-6 • 0.6 mi
Woodland Elementary School
Grades PK-2 • 0.9 mi
Heinz Kaiser Elementary School
Grades 3-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 3.0 | 90% |
| Square foot | 2,942 | 2,643 | 56% |
| Lot Size | 9,153 | 7,500 | 73% |
| Price | $3.80M | $3.85M | 50% |
| Price per sq ft | $1.3K | $1.4K | 39% |
| Built year | 1966 | 1970 | 38% |
| HOA | $0 | $375 | 34% |
| Days on market | 42 | 158 | 8% |
Pricing History
Listed for Sale
Jan 24, 2026
$3,800,000
Initial Listing
Sold
Aug 29, 2025
$3,000,000
Public Record