
Newport Beach, California 92660
This Updated Single-Level Coastal Residence is a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,288,837 Fair Market Value by 6%. This valuation gap offers $293,837 in Instant Equity. Boasting a Good Condition Rating, the home features panoramic mountain and ocean views, a remodeled kitchen, and an expansive 11,218 sqft lot. Proximity to 9/10-rated Corona Del Mar High and Eastbluff Elementary ensures long-term asset stability. This is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey lifestyle with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 Blackthorn Street Subject | $3,995,000* List Price | 3 | 4 | 2,606 | $1,646 | - |
A 2818 Catalpa Street Sold | $3,495,000 | 3 | 3 | 2,499 | $1,399 | 0.3 mi |
B 2821 Alta Vista Sold | $3,825,000 | 3 | 3 | 2,383 | $1,605 | 0.4 mi |
C 2224 Aralia Street Active Under Contract | $3,675,000 List Price | 4 | 3 | 2,123 | $1,731 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1964 property is move-in ready and has been thoughtfully updated. The kitchen features high-quality dark wood cabinetry, granite countertops, and modern stainless steel appliances, reflecting a renovation likely completed within the last 10-15 years. While the infrastructure is older, the interior finishes, including the flooring, recessed lighting, and well-maintained bathrooms, meet the criteria for a 'Good' condition score as the home is well-maintained with no immediate renovations required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11218, living area = 2606.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the prestigious Eastbluff community, the property is within walking distance to award-winning schools like Corona Del Mar High and Eastbluff Elementary, offering exceptional long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With only three bedrooms at a nearly $4 million price point, the property may face competition from larger homes that offer more flexibility for growing families or multiple home offices.
Originally built in 1964, the home may require ongoing maintenance or significant capital investment to modernize underlying structural and mechanical systems despite the cosmetic interior updates.
Welcome to effortless coastal living in coveted Eastbluff, where this beautifully updated single-level residence pairs timeless comfort with expansive panoramas. Thoughtfully refreshed over the years, the home centers around a remodeled kitchen with modern finishes—perfect for casual mornings and easy entertaining—while expansive mountain and ocean views create a backdrop from the main living areas. Ideally situated near award-winning schools, world-class shopping and dining, and the beaches of Newport, this is a rare opportunity to enjoy an elevated Newport Beach lifestyle on one level.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 1.8 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 2,606 | 2,620 | 50% |
| Lot Size | 11,218 | 7,500 | 89% |
| Price | $4.00M | $3.99M | 50% |
| Price per sq ft | $1.5K | $1.4K | 63% |
| Built year | 1964 | 1970 | 32% |
| HOA | $108.0 | $375 | 35% |
| Days on market | 28 | 161 | 6% |
Mar 25, 2026
$3,995,000
Initial Listing