327 Walnut, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 2 bath

327 Walnut, Newport Beach, California 92663 home-pic-0

327 Walnut

Newport Beach, California 92663

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,249Sq Ft
2,720Lot Size

Property Price

LIST PRICE$1,995,000
EST. MARKET VALUE
$2,100,371
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$2,100,371 +$105,371 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
327 Walnut
Subject
$1,995,000*
List Price
321,249$1,682-
A
6601 Seashore
Sold
$2,500,000321,501$1,6660.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1962, the property is well-maintained and move-in ready with fresh paint and new carpet. However, the kitchen and bathrooms are dated, featuring older white appliances, basic cabinetry, and mid-century fixtures that lack modern updates. While functional, the home shows its age and has not undergone a comprehensive renovation in recent decades.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Premier Community Amenities

    Located in the sought-after Newport Shores community, residents benefit from an extensive array of amenities including a clubhouse, pool, tennis and pickleball courts, and a playground for a remarkably low monthly HOA fee.

  • Turnkey Interior Refresh

    The property features brand-new carpet and fresh interior paint, providing a clean and move-in-ready environment that appeals to buyers looking for an immediate transition without initial cosmetic projects.

CONSRISKS & DEFICIENCIES

  • High Price Per Square Foot

    At nearly $2 million for 1,249 square feet of living space, the property represents a significant investment on a per-foot basis, which may be a deterrent for buyers seeking more interior volume.

  • Compact Lot Size

    The 2,720 square foot lot is relatively small, limiting private outdoor space and potential for future expansions or significant landscaping compared to other single-family residences.

About 327 Walnut

Welcome to this charming 3 bedroom, 2 bathroom home located in the desirable Newport Shores community in Newport Beach! This house offers a perfect blend of comfort and convenience with access to tennis courts, a community pool, clubhouse, BBQ area, pickle ball court, and playground. Fresh paint and new carpet! Whether you enjoy staying active or relaxing in a peaceful environment, this home has something for everyone. Don't miss out on the opportunity to make this house your new home sweet home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
2,720 Sq. Ft.

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$55.0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Heights Elementary School

Grades K-6 • 2.2 mi

8/10

Newport Elementary School

Grades PK-6 • 2.3 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 2.1 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 foot1,2492,569
9%
Lot Size2,7204,425.5
28%
Price$2.00M$4.42M
6%
Price per sq ft$1.6K$1.8K
37%
Built year19621962
50%
HOA$55.0$0
63%
Days on market10219
4%

Pricing History

Listed for Sale

Feb 25, 2026

$1,995,000

Initial Listing

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