
Newport Beach, California 92660
This Spacious Coastal Residence is a Prime Investment Opportunity listed at $4,199,999—positioned well below the $4,363,459 Fair Market Value by 3%. This valuation gap provides $163,460 in Instant Equity. While maintaining a Fair Condition Rating, the home features owned solar power, a tropical pool and spa, and an oversized 10,540 sq ft lot. Located in the elite Mariners School district near the Back Bay, it offers significant upside through cosmetic updates. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1633 Santiago Subject | $4,199,999* List Price | 4 | 4 | 2,725 | $1,601 | - |
A 1430 Lincoln Sold | $4,295,000 | 4 | 2 | 2,544 | $1,688 | 0.4 mi |
B 1601 Dorothy Sold | $3,800,000 | 3 | 3 | 2,346 | $1,620 | 0.4 mi |
C 1509 Anita Lane Sold | $3,845,000 | 4 | 3 | 2,441 | $1,575 | 0.5 mi |
D 1212 Dover Drive Sold | $3,190,000 | 4 | 3 | 1,972 | $1,618 | 0.7 mi |
E 1208 Somerset Pending | $4,498,000 List Price | 4 | 4 | 2,616 | $1,719 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is well-maintained but retains much of its vintage character and infrastructure. While the description mentions updates such as hardwood flooring, solar power, and a travertine-clad jacuzzi tub, these features and the overall architectural style suggest renovations occurred approximately 15 to 25 years ago. The property is functional and move-in ready, but the kitchen and bathrooms likely require modern updates to meet current luxury standards, aligning with the 'Fair' criteria for aged homes with older renovations.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the prestigious Baycrest community, the property offers walking distance to the scenic Back Bay and access to the highly-coveted Mariners Elementary School district.
The home features a fully owned solar power system that produces a surplus of energy, offering significant long-term utility savings and an eco-friendly footprint.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1963, the property may require updates to its original core systems to meet the modern standards expected at this luxury price point.
With a listing price of $4.2M for 2,725 sq ft, the property commands a high price-per-foot, which may challenge buyers looking for more interior living volume.
Location! Location! Location! Welcome to 1633 Santiago Dr, located in the heart of Newport Beach, and yet still quietly tucked away, it embodies the true pleasure of coastal living. This exceptional and rare single-story home encompasses over 2700 sq ft of tranquil and well thought out beauty, on a roomy, private and usable 10, 540 sq ft lot. The kitchen, along with its attached breakfast nook, as the heart of the home, offers a bright airy environment, conducive to everything from gourmet gatherings to pizza parties. Privacy abounds behind a secure entryway, and a charming front yard greets you and sets the tone for the tropical style paradise that awaits! The large entry gives way to a huge dining and living room area. With a cozy yet impressive fireplace, large slider doors and bay windows, gorgeous hard wood flooring and access to the large kitchen, which is bright, has a wonderful breakfast nook, with backyard access and a convenient half bathroom. To the left of the entry, we find the private areas. One hallway bathroom features a stunning travertine clad corner jacuzzi tub, vanity and WC. The other, features a step in shower and back yard access. The bedrooms are all spacious and well placed for external access. With solar power, that is fully owned and producing more than is needed, this home becomes more and more appealing. Designed for both family fun and elegant entertainment, this backyard has it all. Stunning pool, sparkling spa, and space to just unwind and relax. Want even more space? Then the scenic Back Bay is close at hand by a short walk, for your favorite hobby or activity. Need good schools? How about Mariners School district? This 4-bedroom 3.5-bathroom home could be your forever dream home but come and see it and decide for yourself. This home IS the quintessential Newport Beach experience.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-2 • 0.7 mi
Grades 3-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 2,725 | 2,623 | 53% |
| Lot Size | 10,540 | 7,500 | 87% |
| Price | $4.20M | $3.99M | 52% |
| Price per sq ft | $1.5K | $1.4K | 63% |
| Built year | 1963 | 1970 | 21% |
| HOA | $0 | $375 | 33% |
| Days on market | 25 | 161 | 6% |
Mar 28, 2026
$4,199,999
Initial Listing
Mar 8, 2007
$1,650,000
Public Record
Sep 18, 1998
$675,000
Public Record