2206 Francisco, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 3 bath

2206 Francisco, Newport Beach, California 92660 home-pic-0

2206 Francisco

Newport Beach, California 92660

ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
3Baths
2,442Sq Ft
9,200Lot Size

Property Price

LIST PRICE$2,999,000
EST. MARKET VALUE
$3,012,174

SUMMARY

Analysis of 2206 Francisco, Newport Beach, California 92660 reveals a Fairly Priced Property with a current list price of $2,999,000  aligned with the estimated $3,012,174 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$3,012,174
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2206 Francisco
Subject
$2,999,000*
List Price
432,442$1,233-
A
1509 Anita Lane
Sold
$3,845,000432,441$1,5750.8 mi
B
1812 Highland Drive
Sold
$3,100,000443,171$9780.5 mi
C
1412 Santiago Dr
Active
$3,800,000
List Price
462,942$1,2920.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1965, this property is in mostly original condition and is marketed as a 'blank canvas' for renovation. The kitchen and bathrooms feature heavily dated cabinetry, old appliances, and vintage tile work from several decades ago. With acoustic ceilings, worn carpeting, and original fixtures throughout, the home requires a complete interior rehabilitation and likely updates to major systems to meet modern living standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

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

  • Prime Coastal Location

    Situated in a highly sought-after Newport Beach neighborhood near the Back Bay, the property offers proximity to elite amenities and top-rated schools like Corona Del Mar High.

  • Substantial Lot Size

    The generous 9,200-square-foot lot is significantly larger than many neighboring parcels, providing ample space for expansion, a pool, or a complete custom rebuild.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Needed

    Built in 1965 and described as a 'blank canvas,' the home likely requires a significant capital investment to update its original systems and finishes to contemporary luxury standards.

  • Airport Proximity

    The property's location near John Wayne Airport may result in intermittent aircraft noise, which could impact the tranquility of the outdoor living spaces for some buyers.

About 2206 Francisco

Welcome to beautiful Newport Beach, where location meets opportunity. This four-bedroom plus a den, two and a half bathroom residence offers endless possibilities to create an exceptional coastal home. Conveniently close to the Back Bay, John Wayne Airport, and all the best Newport living has to offer. A true blank canvas in a sought-after area—this one won’t last.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
9,200 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Woodland Elementary School

Grades PK-2 • 0.4 mi

/10

Heinz Kaiser Elementary School

Grades 3-6 • 0.5 mi

8/10

Mariners Elementary School

Grades PK-6 • 0.8 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,4422,623
38%
Lot Size9,2007,500
73%
Price$3.00M$3.85M
29%
Price per sq ft$1.2K$1.4K
29%
Built year19651970
35%
HOA$0$375
34%
Days on market31159
6%

Pricing History

Listed for Sale

Feb 5, 2026

$2,999,000

Initial Listing

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