
Newport Beach, California 92660
This Single-Family Residence is a High-Potential Investment Opportunity, listed at $3,749,000—positioned well below the $4,359,588 Fair Market Value by 14%. This valuation gap offers $610,588 in Instant Equity. Featuring a Good Condition Rating, the home includes a private pool, peek ocean views, and a flexible floor plan in the Newport Mesa Unified district. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium coastal lifestyle with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2001 Yacht Mischief Subject | $3,749,000* List Price | 3 | 2 | 2,012 | $2,167 | - |
A 2103 Yacht Grayling Sold | $3,586,995 | 4 | 3 | 2,345 | $1,530 | 0.1 mi |
B 1824 Port Tiffin Sold | $3,950,000 | 4 | 2 | 1,838 | $2,149 | 0.5 mi |
C 1845 Port Seabourne Sold | $4,612,350 | 5 | 3 | 2,788 | $1,654 | 0.5 mi |
D 2007 Port Chelsea Sold | $4,300,000 | 4 | 3 | 2,324 | $1,850 | 0.5 mi |
E 1854 Port Margate Sold | $4,245,000 | 3 | 3 | 2,058 | $2,063 | 0.8 mi |
F 1921 Yacht Truant Active Under Contract | $3,895,000 List Price | 3 | 3 | 2,189 | $1,779 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977, the property is well-maintained and move-in ready. While the kitchen is dated with tile countertops and older white appliances (likely 15-20 years old), the bathrooms and flooring show more recent updates. The overall condition is functional and clean, fitting the 5-15 year renovation criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9741, living area = 2012.
High School: Corona Del Mar High School (9/10).
Situated on an oversized lot at the end of a private cul-de-sac in the prestigious 'Yacht Streets,' offering exceptional privacy and a quiet coastal lifestyle in a highly desirable Newport Beach neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only two bathrooms for a property priced at $3.749 million, the home may lack the convenience and utility expected by luxury buyers at this price point.
At approximately $1,863 per square foot, the property commands a significant premium, which may be a hurdle for buyers comparing it to larger interior living spaces in the same area.
Nestled in the Yacht Streets of Newport Beach, this updated single-level home offers an exceptional blend of coastal charm, privacy, and everyday livability. Set on an oversized lot at the end of a private cul-de-sac, the residence features two bedrooms and two bathrooms, plus an expansive office/bonus room that could easily serve as a third bedroom, guest space, or flexible retreat. Light-filled interiors with high ceilings flow effortlessly to the private backyard, where a sparkling pool, built-in BBQ area, and inviting outdoor entertaining spaces create the perfect setting for relaxed Southern California living. Enjoy peek ocean views from the backyard and a rare sense of space in one of Newport Beach’s desirable neighborhoods—just moments from beaches, harbor activities, dining, shopping, and top local amenities.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.8 |
| Square foot | 2,012 | 2,729.518 |
| Lot Size | 9,741 | 6,677.813 |
| Price | $3.75M | $4.20M |
| Price per sq ft | $1.9K | $1.6K |
| Built year | 1977 | 1972 |
| HOA | $680.0 | $414 |
| Days on market | 28 | 63 |
Aug 12, 2026
$3,749,000
Initial Listing
Sep 25, 2000
$8,000
Public Record