
Newport Beach, California 92663
This Stunning Coastal Residence represents a Strong Value Opportunity, listed at $5,475,000—positioned well below the $5,858,114 Fair Market Value by 6%. This valuation gap provides $383,114 in Instant Equity. Featuring a Condition Rating of 2, the home offers a turnkey lifestyle with a chef's kitchen, detached casita, and custom spa. Located in the Newport Mesa Unified district near top-rated schools, this property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a premium, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2401 Clay Subject | $5,375,000* List Price | 6 | 7 | 5,100 | $1,074 | - |
A 515 Tustin Ave Sold | $5,675,000 | 6 | 7 | 4,398 | $1,290 | 0.1 mi |
B 600 Powell Place Sold | $6,700,000 | 5 | 6 | 5,306 | $1,263 | 0.2 mi |
C 411 Snug Harbor Road Sold | $5,700,000 | 5 | 5 | 4,470 | $1,275 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2002, the property has undergone extensive recent renovations within the last 5 years. It features a modern chef's kitchen with premium Sub-Zero and Viking appliances, updated systems including dual EV charging stations and whole-house filtration, and a newly enhanced backyard with a custom spa.
With over 5,100 sqft of living space, dual primary suites, and a detached casita, this residence offers exceptional flexibility for multi-generational living or high-end guest accommodations.
The home is outfitted with elite Sub-Zero and Viking appliances, whole-house filtration systems, and dual EV charging stations, providing a modern and tech-forward living experience.
Ideally situated within walking distance to top-rated schools like Newport Harbor High and minutes from Fashion Island, the property offers a highly desirable coastal lifestyle.
The 5,100 sqft home occupies a significant portion of the 6,375 sqft lot, resulting in a high building-to-land ratio that limits traditional yard space and privacy.
At a $5.475M price point in Newport Beach, the absence of ocean, bay, or city light views may be a competitive disadvantage compared to other luxury listings in the area.
Experience elevated coastal living in the heart of Newport Heights. This exceptional 7-bedroom, 6.5-bathroom residence offers the perfect blend of luxury, comfort, and functionality, including a detached casita currently designed as a private gym. Thoughtfully upgraded throughout, the home features dual primary suites, two spacious family rooms, and an oversized dining room ideal for entertaining, holiday gatherings, and memorable evenings with family and friends. Designed for seamless indoor-outdoor living, the newly enhanced backyard showcases an oversized in-ground spa, custom fire pit, and expansive built-in seating area, creating the ultimate setting for relaxation and entertaining. Premium amenities include Sub-Zero and Viking appliances, whole-house water and IQ Air filtration systems, surround sound, security cameras, a burglar alarm system, and two EV charging stations. Ideally located just minutes from beaches, Newport Harbor, Fashion Island, dining, shopping, and top-rated schools, this home offers an exceptional opportunity to enjoy the very best of the Newport Beach lifestyle. Also available for lease.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 7.0 | 4.0 |
| Square foot | 5,100 | 2,868 |
| Lot Size | 6,375 | 6,914 |
| Price | $5.38M | $4.44M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 2002 | 1970 |
| HOA | $0 | $430 |
| Days on market | 65 | 59 |
Jul 17, 2026
$5,375,000
$5,475,000
-2% Price Drop
Initial Listing
May 18, 2026
$5,475,000
Initial Listing