
Newport Beach, California 92663
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,500—positioned well above the $1,199,607 Fair Market Value by -24%. While the pricing reflects a premium for the Newport Heights location, the Fair Condition Rating (5) and 1923 build date necessitate significant capital expenditure. The 4,000 sqft lot and detached structure offer a blank canvas for redevelopment. This asset is best suited for Value-Add Investors or Custom Home Builders capable of navigating a total renovation or site customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3214 Broad Street Subject | $1,499,500* List Price | 3 | 1 | 1,267 | $947 | - |
A 202 Intrepid Court Sold | $1,375,000 | 3 | 3 | 1,647 | $835 | 0.7 mi |
B 280 Cagney Lane 207 Active | $1,385,000 List Price | 2 | 2 | 1,136 | $1,219 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 with no evidence of significant renovation in over 30 years. The kitchen is in a state of disrepair with missing appliances, dated cabinetry, and damaged flooring. The interior shows heavy wear, including stained carpets and makeshift closets, and the listing explicitly suggests redevelopment or total renovation.
Situated in the highly coveted Newport Heights neighborhood, the property offers easy access to award-winning schools, world-class beaches, and the vibrant shopping and dining district along 17th Street.
As the lowest-priced detached home in Newport Heights, this property represents a rare high-value opportunity to enter one of Newport Beach's most prestigious communities at an accessible price point.
With no monthly HOA and a detached structure on a 4,000-square-foot lot, the property provides a blank canvas for investors or homeowners looking to renovate, customize, or completely redevelop the site.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1923, the home likely requires significant modernization, repairs, or structural investment to meet contemporary living standards and building codes.
The current configuration of three bedrooms with only one bathroom is a significant functional drawback for modern families and may necessitate a costly layout reconfiguration.
Nestled on a quiet street in the coveted Newport Heights neighborhood, 3214 Broad Street presents a rare opportunity to create something special. Tucked away at the rear of a split lot, this detached home offers privacy and seclusion with access via a shared driveway and no monthly HOA. As the lowest-priced detached home currently available in Newport Heights, the property offers exceptional value and tremendous potential for redevelopment, renovation, or customization. Enjoy close proximity to award-winning schools, world-class beaches, and the popular shops, dining, and conveniences along 17th Street. A unique chance to secure a foothold in one of Newport Beach's most sought-after communities.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,267 | 1,320 |
| Lot Size | 4,000 | 27,766 |
| Price | $1.50M | $1.56M |
| Price per sq ft | $1.2K | $1.0K |
| Built year | 1923 | 1977 |
| HOA | $0 | $720 |
| Days on market | 34 | 61 |
Jun 18, 2026
$1,499,500
Initial Listing
Oct 27, 2003
$380,000
Public Record