204 David Drive, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 4 bath
Loading property details...
Newport Beach, California 92663
This Coastal Duplex Investment is listed at $2,800,000, positioned below the $2,820,858 Fair Market Value by 1%. This valuation provides $20,858 in Instant Equity. Boasting an Excellent Condition Rating, the property features a completely remodeled upper unit with vaulted ceilings, Jacuzzi tubs, and peek-a-boo ocean views. A rare 4-car garage plus carport offers a significant parking premium in high-density West Newport. Located one block from the beach, this turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 204 David Drive Subject | $2,800,000* List Price | 5 | 4 | 2,025 | $1,393 | - |
A 231 Canal Sold | $3,550,000 | 4 | 3 | 2,562 | $1,386 | 0.1 mi |
B 331 Walnut Street Active | $2,999,900 List Price | 5 | 6 | 2,546 | $1,178 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This duplex is in excellent condition, featuring a completely remodeled upper unit with modern open-concept living, vaulted ceilings, and updated bathrooms with Jacuzzi tubs. The lower unit is also well-maintained with newer laminate flooring and mini-split HVAC systems. Recent exterior upgrades, including new siding and stairs, along with the overall move-in ready state and high-end coastal finishes, meet the criteria for a top-tier rating.
Situated just one block from the beach in the desirable West Newport area, this property offers exceptional access to the ocean, local dining, and coastal recreation.
The property features a rare 4-car garage plus a carport, providing a total of five parking spaces, which is a significant and highly valuable premium in high-density beach neighborhoods.
This well-maintained duplex offers flexibility as a high-demand long-term rental or a lucrative vacation rental, further enhanced by a fully remodeled upper unit with vaulted ceilings and ocean views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 2539.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 2025.
Transitioning the property into a high-income short-term vacation rental is contingent upon obtaining a specific city permit, which may be subject to strict local caps and application processes.
Welcome to your Dream Coastal Investment! This beautifully Maintained and Updated Duplex is one Block from the Beach! The Upper Unit is Completely Remodeled with Open Floor Plan, Vaulted Ceilings, Living/Dining Space with Fireplace, 3 Bedrooms, 2 Full Baths with Jacuzzi Tub in each, Stack LAUNDRY, A/C and TWO LARGE BALCONIES featuring Wetland, Mountain and Ocean Views!!! The Lower Unit has Newer Laminate Flooring and Mini-Spilts in all Living Areas and Bedrooms along with a Spacious Enclosed Patio off Great Room and Full Sized Laundry in Garage. Abundance of Parking with a 4 CAR GARAGE + 1 Space CAR PORT. Seller Replaced Siding and Stairs. Generate Income as a Highly Desirable Long Term Rental and if you are going for the big money this can be Vacation/Short Term Rental with Proper City Permit. Walking Distance to Restaurants and Quick Access to Newport and Huntington Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,025 | 2,573 | 27% |
| Lot Size | 2,614 | 4,966 | 16% |
| Price | $2.80M | $4.45M | 22% |
| Price per sq ft | $1.4K | $1.8K | 24% |
| Built year | 1975 | 1964 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 169 | 6% |
Mar 17, 2026
$2,800,000
Initial Listing
May 1, 2019
$1,400,000
Public Record
Jun 13, 2000
$430,000
Public Record
Nov 25, 1998
$425,000
Public Record
May 31, 1996
$25,000
Public Record