
Newport Beach, California 92663
This Turnkey Coastal Duplex represents a Strong Value Opportunity, listed at $3,250,000—positioned well below the $3,586,509 Fair Market Value by 9%. This valuation gap offers $336,509 in Instant Equity. Featuring a Condition Rating of 2, the property includes a fully remodeled upper unit, scenic canal views, and rare 4-car parking. Located near top-rated schools like Newport Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 406 Clubhouse Subject | $3,150,000* List Price | 0 | 0 | 2,300 | $1,370 | - |
A 1825 W Balboa Boulevard Sold | $2,900,000 | 0 | 0 | 1,887 | $1,537 | 0.7 mi |
B 130 43rd Sold | $2,800,000 | 4 | 3 | 1,624 | $1,724 | 0.4 mi |
C 1805 Clay Street Active | $3,595,000 List Price | 0 | 0 | 2,445 | $1,470 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a turnkey duplex featuring a fully remodeled upper unit and an updated lower unit. Interior images and description confirm a high-end renovation within the last 5 years, including a modern open-concept kitchen with quartz waterfall countertops, stainless steel appliances, new laminate flooring, and recessed lighting throughout.
Elementary School: Newport Elementary School (9/10).
The property includes a rare two-car garage plus parking for two additional vehicles, providing a total of four spaces which is a significant and highly valuable amenity on the Newport Peninsula.
With a fully remodeled upper unit featuring vaulted ceilings and an updated lower unit, this duplex offers immediate rental income or owner-occupancy without the need for initial renovations.
The 2,631-square-foot lot is relatively compact, which is typical for the area but limits private outdoor yard space and creates a high-density living environment.
While the interiors are updated, the 1980 construction date suggests that core structural components and systems may require ongoing maintenance or future capital improvements compared to newer builds.
Located on the highly desirable Newport Beach Peninsula, this gorgeous duplex offers the perfect blend of coastal lifestyle and investment opportunity, complete with tranquil canal water views. The upper unit has been fully remodeled and features 3 bedrooms and 2 bathrooms, highlighted by vaulted ceilings and an abundance of natural light. Enjoy scenic canal views from the main living areas, complemented by new laminate wood flooring throughout and a stunning open-concept kitchen with white quartz countertops, stainless steel appliances, and recessed lighting. The unit also includes its own private laundry room. The lower unit offers 2 bedrooms and 2 bathrooms, an updated kitchen, and laminate flooring throughout. A spacious private patio provides ideal indoor-outdoor living. Additional features include a generous 2-car garage plus parking for two additional vehicles—an exceptional amenity on the Peninsula. Situated in the sought-after Finley community, the property is just moments from the shops and restaurants of Lido Marina Village and a less than 5 minute walk from the beach. With easy access on and off the Peninsula, this is a rare opportunity to own a turnkey coastal duplex in one of Newport Beach’s most coveted locations.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,300 | 2,174.5 |
| Lot Size | 2,631 | 2,614 |
| Price | $3.15M | $3.35M |
| Price per sq ft | $1.4K | $1.7K |
| Built year | 1980 | 1964 |
| HOA | $0 | $0 |
| Days on market | 77 | 125 |
Jul 15, 2026
$3,150,000
$3,250,000
-3% Price Drop
Initial Listing
May 6, 2026
$3,250,000
Initial Listing