300 Holmwood Drive, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 2 bath

300 Holmwood Drive, Newport Beach, California 92663 home-pic-0

300 Holmwood Drive

Newport Beach, California 92663

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,586Sq Ft
7,215Lot Size

Property Price

LIST PRICE$2,590,000
EST. MARKET VALUE
$2,945,262
12% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$2,945,262 +$355,262 Equity Potential
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
300 Holmwood Drive
Subject
$2,590,000*
List Price
321,586$1,857-
A
421 Tustin Avenue
Sold
$2,550,000421,343$1,8990.4 mi
B
2315 E 16th
Sold
$2,500,000321,360$1,8380.8 mi
C
543 Redlands Ave
Sold
$2,650,000221,371$1,9330.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1950, this property is in well-maintained vintage condition but lacks modern updates. The kitchen features dated tile countertops and older white appliances, while the bathrooms retain mid-century styling. While the home appears clean and functional with original hardwood flooring, it has not undergone a major renovation in the last 15-30 years, making it outdated compared to current luxury standards in Newport Beach.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7215, living area = 1586.

  • Prime Coastal Views

    The property offers exceptional views of the Pacific Ocean and Newport Harbor, providing a high-value aesthetic that is rare and highly coveted in the Newport Beach market.

  • Premium Corner Lot

    Situated on a 7,215 square foot corner lot in Newport Heights, the estate provides superior privacy and significant potential for expansion or custom redevelopment.

CONSRISKS & DEFICIENCIES

  • Vintage Condition

    Built in 1950, the 1,586 square foot structure likely requires substantial modernization or a full renovation to align with contemporary luxury standards.

  • High Price per Square Foot

    At a listing price of $2.59M for relatively modest square footage, the property represents a high entry cost that primarily reflects land value and location rather than interior living space.

About 300 Holmwood Drive

Unique the privacy of a corner lot. Ocean view: you can see the Pacific Ocean and Newport Harbor from the comfort of your home. There is nothing like this one of a kind estate - you will need to see to believe!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
7,215 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Heights Elementary School

Grades K-6 • 1.2 mi

8/10

Horace Ensign Intermediate School

Grades 7-8 • 0.7 mi

7/10

Newport Harbor High School

Grades 9-12 • 0.8 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
43%
Baths2.04.0
28%
Square foot1,5862,569
24%
Lot Size7,2154,783.5
81%
Price$2.59M$4.42M
15%
Price per sq ft$1.6K$1.8K
37%
Built year19501961
28%
HOA$0$0
50%
Days on market22219
6%

Pricing History

Listed for Sale

Feb 13, 2026

$2,590,000

Initial Listing

Sold

May 10, 2024

$2,200,000

Public Record

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