20292 Riverside, Newport Beach, California 92707, Newport Beach, 92707 - 4 bed, 2 bath

20292 Riverside, Newport Beach, California 92707 home-pic-0

20292 Riverside

Newport Beach, California 92707

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,334Sq Ft
8,105Lot Size

Property Price

LIST PRICE$2,850,000

SUMMARY

Analysis of 20292 Riverside, Newport Beach, California 92707 is currently available with a list price of $2,850,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1955, the property has undergone significant and relatively recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark granite countertops, stainless steel appliances (including double ovens and a large refrigerator), a farmhouse sink, and wood-look tile flooring. Both bathrooms are updated with modern vanities, tiling, and fixtures. The consistent wood-look laminate/tile flooring throughout the living areas and bedrooms, along with recessed lighting, indicates a cohesive update. The exterior and outdoor kennel areas also appear well-maintained with newer fencing and artificial turf. The property is move-in ready with no immediate major renovations required, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8105, living area = 1334.

  • Great Schools

    Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).

  • Unique Live-Work Opportunity

    This property offers a rare and highly specialized live-work setup, combining residential living with an established, flexible commercial kennel operation.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Limited Buyer Pool

    The highly specialized nature of the property (residential kennel) significantly narrows the potential buyer pool, potentially prolonging market time.

  • Dated Residential Structure

    Built in 1955, the residential component may require substantial modernization and updates to meet contemporary living standards and buyer expectations.

About 20292 Riverside

Rare Residential Kennel / Live-Work Opportunity...This property offers a unique live-work opportunity within one of Newport Beach’s most distinctive and little-known enclaves — Riverside Drive, a corridor recognized for its concentration of residential dog kennels and pet-focused businesses. Ideal for owner-operators, breeders, trainers, or entrepreneurs, the residence includes an established kennel operation designed for flexibility and scalability.The kennel setup supports multiple styles of care: dogs may run free in secure outdoor areas or be housed in individual pens with structured exercise, grooming, and handling routines. The layout is well-suited for boarding, breeding, training, grooming, daycare, or private use for show or personal dogs, allowing a future owner to tailor services to their preferred model. Riverside Drive is known among pet professionals as a functional and proven environment for kennel operations, with neighboring properties offering a range of licensed services, run counts, and specialty uses. Having successfully sold multiple residential kennel properties on this street, there is demonstrated buyer demand for this rare combination of residence and business potential. The investment appeal is underscored by the strength of the industry itself. The U.S. pet industry generates approximately $147 billion annually, with continued growth driven by premium boarding, grooming, training, and wellness services as pets are increasingly treated as family members. Whether operated as a private kennel for breeding or showing, or expanded into a full-service entrepreneurial venture, this property represents a rare asset — combining lifestyle, income potential, and long-term relevance in a resilient, high-growth sector.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
8,105 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Eastbluff Elementary School

Grades K-6 • 1.4 mi

9/10

Heinz Kaiser Elementary School

Grades 3-6 • 1.6 mi

8/10

Woodland Elementary School

Grades PK-2 • 1.8 mi

/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
71%
Baths2.02.0
50%
Square foot1,3341,371.5
44%
Lot Size8,1056,726.5
91%
Price$2.85M$881.0K
97%
Price per sq ft$2.1K$676
97%
Built year19551952
62%
HOA$0$0
50%
Days on market33171
3%

Pricing History

Listed for Sale

Feb 2, 2026

$2,850,000

Initial Listing

Sold

Apr 25, 2006

$1,300,000

Public Record

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