
Newport Beach, California 92660
This Value-Add Coastal Property is listed at $2,495,000, aligning closely with its $2,478,478 Fair Market Value. Currently maintaining an Outdated Condition, this 1959 "time capsule" residence serves as a premier blank canvas on a rare 10,831 square foot lot, offering significant potential for forced appreciation through modernization. The property is ideally situated in a quiet cul-de-sac near Back Bay trails and is served by 9/10-rated schools including Eastbluff Elementary and Corona Del Mar High. This first-time-to-market asset is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking to build custom equity in a high-demand Newport Beach enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2401 Sierra Vista Subject | $2,495,000* List Price | 3 | 2 | 1,829 | $1,375 | - |
A 375 Vista Baya Sold | $3,025,000 | 3 | 3 | 2,172 | $1,393 | 0.2 mi |
B 395 Meadow Lane Sold | $2,800,000 | 3 | 3 | 2,269 | $1,234 | 0.1 mi |
C 2206 Francisco Sold | $2,665,000 | 4 | 3 | 2,442 | $1,091 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 'time capsule' built in 1959 that has never been on the market. While the hardwood flooring appears to be in good condition, the kitchen and interior spaces are significantly outdated, featuring floral wallpaper on the walls and ceilings, older tile countertops, and mid-century cabinetry. The listing description and images confirm the home is functional but requires comprehensive updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10831, living area = 1829.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated on a rare 10,831 square foot lot at the end of a quiet cul-de-sac, this property offers exceptional privacy and significant space for outdoor living or future expansion in a premium neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10831, other record lot size in square feet = 11220.
Built in 1959 and maintaining much of its original character, the property likely requires a significant capital investment to update major systems and interior finishes to meet modern luxury standards.
At 1,829 square feet, the current living space is relatively modest for the price point, which may necessitate a costly expansion for buyers seeking a more spacious or open-concept floor plan.
Tucked at the end of a peaceful cul-de-sac in Newport Beach, 2401 Sierra Vista offers a rare opportunity to own a home that has never before been on the market. Set on an expansive 10,831 square foot lot, this charming single-level residence blends timeless character with the space and flexibility to thoughtfully update and make it your own over time. From the moment you arrive, the setting feels calm and welcoming. A charming turret with round windows adds architectural character, framing views of the quiet, idyllic street beyond. Inside, the freshly painted and refreshed 1,829 square foot floor plan unfolds comfortably across a single level, creating an easy, livable layout well suited for both everyday living and entertaining. The gourmet kitchen provides generous space for cooking and gathering, while the surrounding living areas feel warm and inviting, filled with natural light and a sense of connection to the peaceful surroundings. Step outside and discover a backyard that feels like a private retreat. Lush, mature landscaping surrounds the property, creating a tranquil environment with plenty of space to relax or entertain. The generous lot size offers flexibility while still allowing the home’s existing charm to shine. With three bedrooms, two bathrooms, an attached garage, and a rare lot of this scale, the property offers a wonderful opportunity to enjoy a classic Newport Beach home while making thoughtful updates over time. Perfectly positioned for both convenience and outdoor living, the home is just moments from the scenic Newport Back Bay trails, while still close to the restaurants and shops of 17th Street, major freeways, and all the amenities that make this area of Newport Beach so desirable. Homes with this combination of first-time-on-the-market history, peaceful cul-de-sac setting, and expansive lot size are rarely available, making 2401 Sierra Vista a truly special opportunity.
No exterior & parking available.
Grades 3-6 • 0.4 mi
Grades PK-2 • 0.5 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 16% |
| Square foot | 1,829 | 2,702 | 11% |
| Lot Size | 10,831 | 7,500 | 89% |
| Price | $2.50M | $4.08M | 18% |
| Price per sq ft | $1.4K | $1.5K | 41% |
| Built year | 1959 | 1970 | 8% |
| HOA | $0 | $375 | 31% |
| Days on market | 95 | 138 | 26% |
Mar 12, 2026
$2,495,000
Initial Listing