
Newport Beach, California 92660
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $2,699,000—positioned well below the $2,908,190 Fair Market Value by 7%. This valuation gap offers $209,190 in Instant Equity. Featuring a Condition Score of 2, the property includes a JADU for rental income and a rooftop deck with Vineyard and Golf Course views. Situated on a massive 12,000 SF lot near 9/10 rated Eastbluff Elementary, it balances lifestyle luxury with significant financial upside. This is an ideal match for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2207 Golden Circle Subject | $1,999,999* List Price | 4 | 3 | 3,000 | $900 | - |
A 1572 Indus Street Sold | $2,440,000 | 5 | 3 | 2,563 | $952 | 0.6 mi |
B 20391 Bayview Avenue Sold | $2,500,000 | 4 | 3 | 2,623 | $953 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, presenting a turnkey interior with all-new seamless flooring and fresh paint. The kitchen is modern with high-end stainless steel appliances, shaker cabinetry, and stone countertops, while the bathrooms feature contemporary fixtures and finishes. Despite the 1957 build year, the home meets current quality standards with updated lighting and a fully refreshed aesthetic.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property features a spacious JADU with private access and a massive ~12,000 SF lot, providing rare flexibility for rental income or multigenerational living without HOA restrictions.
The home offers a refreshed interior with new flooring and paint, plus a private rooftop deck showcasing unique views of the Newport Winery vineyards, Back Bay, and the golf course.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11761, other record lot size in square feet = 11960.
Situated directly in the flight path of John Wayne Airport, the property is subject to frequent aircraft noise which may detract from the quiet enjoyment of the outdoor spaces.
With an original build date of 1957, the home may possess aging core systems or structural elements that require more maintenance than a modern construction.
Newport Beach Opportunity – Submit Offers By Monday May 11. One of the largest flat lots in this pocket of Newport Beach with rare JADU potential and no HOA—this is a property with serious upside for the right buyer. Located in the sought-after Anniversary/Back Bay neighborhood, this nearly 12,000 square foot lot offers privacy, flexibility, and a unique setting with no homes across the street and views toward Newport Beach Vineyards & Winery, backbay trail, and the golf course. The single-level home has all the living space you can want, natural sunlight is perfection, and a bonus 4th bedroom option that has multiple entrances including exterior access that also goes out to the rooftop deck. The oversized garage has future value. The lot itself is a standout being flat, usable, and ready to be reimagined. Renderings are available for a redesigned front backyard, but buyers should expect to bring their vision to life. This home is no longer staged and is being offered as-is, presenting a rare chance to create something special in a prime Newport Beach location with top-rated schools, close proximity to Back Bay trails, shopping, dining, and just minutes to the airport. A stones throw you'll find - Back Bay walking and biking trails, 'The Ranch' home to Irvine Ranch Market, Coffee Dose, Nike Training Studio, Verde, Facial Lounge, and more. YES it's direct flight path to John Wayne. Opportunities like this—with this lot size, location, and potential—don’t come around often.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 3-6 • 1.4 mi
Grades PK-2 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,000 | 2,724.5 | 58% |
| Lot Size | 11,761.2 | 7,545 | 91% |
| Price | $2.00M | $4.14M | 9% |
| Price per sq ft | $667 | $1.5K | 2% |
| Built year | 1957 | 1970 | 5% |
| HOA | $0 | $375 | 31% |
| Days on market | 136 | 138 | 49% |
May 2, 2026
$1,999,999
$2,699,000
-26% Price Drop
Initial Listing
Jan 31, 2026
$2,699,000
Initial Listing
May 12, 2022
$2,280,000
Public Record
Jul 13, 2015
$1,250,000
Public Record