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210 39th Street, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath

210 39th Street, Newport Beach, California 92663 home-pic-0
ACTIVE$2,794,999
210 39th Street, Newport Beach, California 92663
3Beds
3Baths
1,183Sqft
2,375Lot

Price Vs. Estimate

The estimated value ($2,137,873.725) is $657,125.275 (23%) lower than the list price ($2,794,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Age of Property & Renovation Needs: Built in 1945, the home, while charming, presents ample opportunity for further updates or expansion, indicating potential for significant renovation costs beyond the initial purchase to maximize its value.

Compared to the nearby listings

Price:$2.79M vs avg $4.40M ($-1,605,001)22%
Size:1,183 sqft vs avg 2,431 sqft8%
Price/sqft:$2.4K vs avg $1.8K71%

More Insights

Built in 1945 (80 years old).
Condition: Built in 1945, this property features a recently updated upstairs bathroom with modern finishes and premium Viking appliances in the kitchen. However, the kitchen's cabinets and granite countertops, while functional, appear somewhat dated. The listing itself notes 'ample opportunity to add value through further updates or expansion,' indicating that while some areas are refreshed, the property as a whole requires additional updates to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1945
Close
-
List price
$2.79M
Original List price
$2.8M
Price/Sqft
$2,363
HOA
-
Days on market
-
Sold On
-
MLS number
OC25072990
Home ConditionFair
Features
Good View: Canal, Ocean
Deck
Patio
ViewCanal, Ocean

About this home

Lowest priced Single Family Home on the Peninsula! Motivated seller open to all offers! Ideally situated at the gateway to the Balboa Peninsula, this charming modern rustic home offers an exceptional opportunity to enjoy coastal living in one of Southern California’s most desirable locations — with added upside for investors and developers. Just one block from the beach and moments from the scenic Newport Harbor canals, this 3-bedroom, 2.5-bathroom property combines livability with outstanding potential. Set on a 2,375 sq. ft. lot with R2 zoning, the home opens the door to a variety of value-add opportunities, including a custom remodel, luxury flip, or ground-up development of a duplex or two-unit investment property. With very high ARVs (After Repair Values) for new or extensively renovated homes nearby, this property offers a compelling canvas for those looking to maximize ROI in a prime coastal location. The home itself features a spacious front courtyard—perfect for entertaining or simply relaxing in the ocean air. A convenient outdoor half-bath, ideal for rinsing off after the beach or hosting guests, enhances the seamless indoor-outdoor lifestyle. Inside, the home’s nearly 1,200 sq. ft. footprint is warm and inviting, with thoughtful details and a touch of rustic character. While the upstairs bathroom has been recently updated and the kitchen is outfitted with premium Viking appliances, there’s also ample opportunity to add value through further updates or expansion. A two-car garage provides valuable off-street parking, and the location offers effortless access to the best of Newport Beach—including top-rated schools, fine dining, vibrant nightlife, and luxury shopping at nearby Fashion Island. Outdoor enthusiasts will appreciate proximity to The Wedge’s world-class surfing and Crystal Cove’s scenic hiking trails, while beach lovers can enjoy the sand and surf just steps away. Whether you’re seeking a full-time residence, weekend retreat, or a project with serious upside, this Newport Beach gem offers a rare combination of location, lifestyle, and development potential — all while avoiding the congestion typically associated with deeper Peninsula properties.

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.1mi
9/10
Newport Elementary School
Public,•PK-6•1.2mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.3mi
Condition Rating
Fair
Built in 1945, this property features a recently updated upstairs bathroom with modern finishes and premium Viking appliances in the kitchen. However, the kitchen's cabinets and granite countertops, while functional, appear somewhat dated. The listing itself notes 'ample opportunity to add value through further updates or expansion,' indicating that while some areas are refreshed, the property as a whole requires additional updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Ideally situated at the gateway to the Balboa Peninsula, just one block from the beach and moments from Newport Harbor canals, offering exceptional coastal living.
Significant Development Potential: R2 zoning on a 2,375 sq. ft. lot opens doors for value-add opportunities, including custom remodels, luxury flips, or ground-up development of a duplex or two-unit investment property with high After Repair Values (ARVs).
Excellent Access to Amenities: The location provides effortless access to top-rated schools, fine dining, vibrant nightlife, luxury shopping at Fashion Island, and recreational activities like surfing at The Wedge and hiking at Crystal Cove.
Outdoor Living & Practical Features: A spacious front courtyard is perfect for entertaining, complemented by a convenient outdoor half-bath ideal for beach-goers, enhancing the indoor-outdoor lifestyle.
Recent Updates & Premium Appliances: The upstairs bathroom has been recently updated, and the kitchen is outfitted with premium Viking appliances, adding immediate appeal and functionality.

Cons

Age of Property & Renovation Needs: Built in 1945, the home, while charming, presents ample opportunity for further updates or expansion, indicating potential for significant renovation costs beyond the initial purchase to maximize its value.
Modest Living Footprint: With nearly 1,200 sq. ft. of living space for a 3-bedroom home, the interior footprint is relatively modest, which may not meet the expectations of all buyers in this luxury market.
Pricing Discrepancy: Despite being advertised as the 'lowest priced' and having a 'motivated seller,' the listing price is significantly higher than the property's estimated current value, suggesting it's priced for its development potential rather than its as-is condition, which could impact immediate buyer appeal.

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