1854 Port Margate, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath
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Newport Beach, California 92660
This Premier Port Streets Residence is listed at $4,195,000, reflecting the significant location premium of Newport Beach’s most prestigious family enclave. While the $3,496,119 Fair Market Value aligns with the home’s Well-Maintained Condition Rating, the value is anchored by a rare detached casita and immediate access to Roy O. Andersen Elementary (9/10). Positioned adjacent to the community greenbelt and pool, the property features a spacious backyard and entertaining patio. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants looking to secure a legacy lifestyle in a supply-constrained market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1854 Port Margate Subject | $4,195,000* List Price | 3 | 3 | 2,058 | $1,699 | - |
A 8 Westridge Sold | $3,880,000 | 3 | 3 | 2,651 | $1,464 | 0.4 mi |
B 1866 Port Carlow Place Sold | $3,950,000 | 4 | 2 | 1,838 | $2,149 | 0.6 mi |
C 1955 Port Laurent Sold | $4,000,000 | 5 | 3 | 2,643 | $1,513 | 0.8 mi |
D 2007 Port Chelsea Active Under Contract | $4,500,000 List Price | 4 | 3 | 2,324 | $1,936 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but shows clear signs of its 1968 origin. While the kitchen has been refreshed with quartz countertops and stainless steel appliances, the cabinetry and layout remain dated. The presence of popcorn ceilings, older sliding glass doors, and original-style bathroom vanities indicate that while cosmetic updates have been made, the home has not undergone a full modern renovation.
Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the highly coveted Harbor View Homes community, this property offers immediate access to award-winning Andersen Elementary and premium neighborhood amenities.
The unique detached casita includes a bonus room, bathroom, and loft bedroom, providing exceptional flexibility for a home office, guest suite, or multi-generational living.
Built in 1968 and marketed as having 'endless possibilities,' the home may require significant capital investment to update its finishes to contemporary luxury standards.
At a list price exceeding $4 million for approximately 2,058 square feet of living space, the property commands a significant premium that may be a hurdle for value-conscious buyers.
Situated in one of the most sought-after locations in Newport Beach's beloved Harbor View Homes—affectionately known as the Port Streets—1854 Port Margate Place is a desirable 4-bedroom, 3.5-bathroom Portofino model. Positioned adjacent to the greenbelt’s playground and pool, this property delivers the perfect blend of everyday function and endless possibilities. Set on a generous 6,565 sq. ft. lot, the home welcomes you with bright, inviting living and dining areas at the front. Toward the rear, the open kitchen seamlessly overlooks the family room and a spacious, grassy backyard complete with a large patio for entertaining. Upstairs, the main home features a serene primary suite alongside two secondary bedrooms and a full hall bathroom. A standout feature of this property is the detached casita. It offers a spacious downstairs bonus room, a 3/4 bathroom with a shower, and a loft bedroom complete with charming built-in twin beds. Enjoy an amenity-rich community with access to award-winning Andersen Elementary, lush tree-lined greenbelts, two clubhouses, resort-style pools, community swim teams, and sports courts. Conveniently located just minutes from Fashion Island shopping, the 73 toll road, and world-class beaches, this is the absolute heart of Port Streets living.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.1 mi
Grades 7-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,058 | 2,620 | 19% |
| Lot Size | 6,565 | 7,500 | 37% |
| Price | $4.20M | $3.99M | 52% |
| Price per sq ft | $2.0K | $1.4K | 87% |
| Built year | 1968 | 1970 | 44% |
| HOA | $140.0 | $375 | 44% |
| Days on market | 26 | 161 | 6% |
Mar 27, 2026
$4,195,000
Initial Listing