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338 Vista Madera, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 3 bath

338 Vista Madera, Newport Beach, California 92660 home-pic-0
ACTIVE UNDER CONTRACT$1,825,000
338 Vista Madera, Newport Beach, California 92660
2Beds
3Baths
1,808Sqft
2,809Lot
Year Built
1971
Close
-
List price
$1.82M
Original List price
$1.82M
Price/Sqft
$1,009
HOA
$375
Days on market
-
Sold On
-
MLS number
OC25252436
Home ConditionGood
Features
Good View: Back Bay
Deck
Spa
Patio
ViewBack Bay

About this home

We found 3 Cons,6 Pros.

Welcome to 338 Vista Madera, an end unit Dolores plan. Here is the incredibly unique Back Bay view home you've been looking for. This 3 bedroom, 2.5 bath home was modified to include an independent living area with a private entrance. Today the home is a 1 bedroom, 2 bath unit plus a 1 bedroom 1 bath unit. The first unit, at the original entrance, is a one bedroom with an ensuite bath and an additional bath downstairs off the living room with a wheel-in shower. This unit includes a rare luxury Chef’s kitchen with a six burner Thermador range, stone counter tops and the original living and dining room areas. The second unit has a private entrance from the front patio. It is a light and bright one bedroom with a kitchenette, sitting area, one bedroom and full bath. Both units have views to the Back Bay. The flagstone enclosed front patio includes a fire pit and the large back patio has a very nice view to the Back Bay. Mature fruit trees around the property include mission fig, plum, apple and grape. Extras include solar system, EV whole home battery and charging, water filtration system and above ground hot tub.

Nearby schools

9/10
Eastbluff Elementary School
Public,•K-6•0.2mi
8/10
Mariners Elementary School
Public,•PK-6•1.6mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•2.5mi
7/10
Horace Ensign Intermediate School
Public,•7-8•2.6mi
9/10
Corona Del Mar High School
Public,•7-12•0.6mi
7/10
Newport Harbor High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
11/03/25
Listing
$1,825,000
10/06/99
Sold
$437,500
Condition Rating
Good
This property, built in 1971, has undergone significant and high-quality renovations, particularly evident in the main kitchen which features a luxury six-burner Thermador range, stone countertops, and stainless steel appliances. Modern technological upgrades like the solar system, EV whole home battery, and water filtration system further enhance its condition and appeal. While some elements, such as the bathroom vanity styles and certain tile flooring, show signs of their age, they appear well-maintained and functional. The property is move-in ready with no immediate renovation required, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Exceptional Location & Back Bay Views: Situated in desirable Newport Beach, this end unit offers unique and sought-after Back Bay views from both independent units and outdoor patios, enhancing its appeal and value.
Versatile Income/Multi-Generational Living: The property is uniquely configured into two independent units (1 bed/2 bath and 1 bed/1 bath) with private entrances, providing excellent potential for rental income, guest quarters, or multi-generational living arrangements.
Premium Upgrades & Modern Amenities: Features a rare luxury Chef’s kitchen with a six-burner Thermador range and stone countertops, complemented by a solar system, EV whole home battery and charging, water filtration, and an above-ground hot tub.
Energy Efficiency & Sustainability: Equipped with a solar system and EV whole home battery and charging, offering significant energy savings, reduced environmental footprint, and modern convenience for electric vehicle owners.
Desirable Outdoor Living Spaces: Includes a flagstone enclosed front patio with a fire pit and a large back patio, both offering very nice views to the Back Bay, perfect for entertaining and relaxation.

Cons

Non-Traditional Layout: The property's modification into two independent 1-bedroom units, while versatile, deviates from a conventional 3-bedroom single-family home layout, potentially limiting its appeal to a broader market seeking traditional family residences.
Age of Original Construction: Built in 1971, despite significant modern upgrades, the underlying structure and some systems may be older, potentially requiring future maintenance or updates not covered by current renovations.
Ongoing Association Fees: The monthly association fee of $375 represents an additional recurring cost for the homeowner, which can impact the overall affordability and long-term ownership expenses.

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