
Newport Beach, California 92663
This Turnkey Coastal Residence represents a Strong Value Opportunity, listed at $2,149,000—positioned slightly above the $2,137,588 Fair Market Value. While priced at market, the home offers immediate stability in the desirable Newport Heights neighborhood. Featuring a 2,533 sqft open-concept floor plan, Viking kitchen appliances, and a wraparound terrace, the property maintains a Fair Condition Rating with recent cosmetic updates. Served by the Newport Mesa Unified district, including top-rated schools, this home is an ideal sanctuary for lifestyle-focused professionals or owner-occupants seeking a move-in ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3305 Clay Street Subject | $2,149,000* List Price | 3 | 3 | 2,533 | $844 | - |
A 766 Tustin 5 Sold | $1,619,000 | 3 | 3 | 1,791 | $904 | 0.6 mi |
B 3222 Clay Street Pending | $2,275,000 List Price | 3 | 3 | 2,662 | $855 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property is well-maintained but fits the 'Fair' criteria due to age. While it features recent cosmetic updates like new interior paint and luxury vinyl plank flooring, the kitchen and bathrooms retain original dated elements such as granite countertops and 4x4 white tile work. Systems and cabinetry are likely approaching the end of their primary life cycle despite the move-in ready appearance.
Situated in the highly desirable Newport Heights neighborhood, this property offers an unbeatable coastal lifestyle with close proximity to world-class beaches, high-end dining, and premium shopping.
The home features soaring two-story ceilings and a seamless 2,533 sqft floor plan that maximizes natural light, creating an airy and sophisticated atmosphere ideal for both daily living and entertaining.
A wraparound terrace with a built-in BBQ peninsula and multiple French door access points provides an exceptional outdoor extension of the living space, perfect for the Southern California climate.
The monthly association fee of $600 represents a significant recurring carrying cost that may be a deterrent for buyers comparing this to single-family residential options.
With only three bedrooms at a $2.1M+ price point, the property may lack the versatility required by larger families or those needing multiple dedicated guest rooms and home offices.
Check most recent comp at 3222 Clay that just sold for $2.2 million. This is a steal and priced under that property and more upgraded. Buyers, do not pass this amazing home over! You don't want to miss this opportunity to live in the highly desirable neighborhood of Newport Heights. The quality of construction is evident throughout this beautiful home. Upon entering, you are greeted by soaring two-story ceilings and an open, light-filled floor plan that seamlessly connects the living room, dining area, family room, and kitchen, creating an ideal space for both everyday living and entertaining. The kitchen features stainless steel appliances, a Viking range and hood, white cabinetry, granite countertops, and ample storage. Three fireplaces throughout the home add warmth and character, including one in the living room, one in the family room, and a dual-sided fireplace in the primary suite. Two sets of French doors open to a wraparound terrace with a built-in BBQ peninsula, extending the living space outdoors and providing the perfect setting for gatherings with family and friends. The second-floor features three bedrooms and two bathrooms, including an impressive primary suite with a dual-sided fireplace, walk-in closet, separate soaking tub and shower. One of the secondary bedrooms is currently being used as an office and includes a closet and Murphy bed, offering flexibility for guests or working from home. Recent updates include newer interior paint and luxury vinyl plank flooring, giving the home a fresh, move-in-ready feel. Ideally located just minutes from the beach, shopping, dining, and all that Newport Beach has to offer, this exceptional property combines spacious indoor living, fantastic outdoor entertaining areas, and an unbeatable coastal location. Owned solar is an added bonus to this already wonderful property!
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,533 | 1,320 |
| Lot Size | 5,847 | 27,766 |
| Price | $2.15M | $1.56M |
| Price per sq ft | $848 | $1.0K |
| Built year | 2001 | 1977 |
| HOA | $600.0 | $720 |
| Days on market | 30 | 61 |
Jun 22, 2026
$2,149,000
Initial Listing
Jun 29, 2021
$1,550,000
Public Record
Nov 19, 2010
$749,000
Public Record
Oct 3, 2001
$604,000
Public Record