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415 San Bernardino, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath

415 San Bernardino, Newport Beach, California 92663 home-pic-0
ACTIVE$3,599,000$1,599/sqft
Est. Value: $3,447,249
-4%
AboveEstimate
415 San Bernardino, Newport Beach, California 92663
2Beds
2Baths
1,599Sqft
5,781Lot

Price Vs. Estimate

The estimated value ($3,447,248.62) is $151,751.38 (4%) lower than the list price ($3,599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unobstructed Panoramic Views: The property boasts exceptional, unobstructed panoramic views of Newport Harbor and the Pacific Ocean, offering a truly premier setting.
Top Cons:
Age of Property: Built in 1941, the property's age suggests potential for outdated systems and structural components that may require significant investment.

Compared to the nearby listings

Price:$3.60M vs avg $4.42M ($-826,000)35%
Size:1,599 sqft vs avg 2,569 sqft18%
Price/sqft:$2.3K vs avg $1.8K75%

More Insights

Built in 1941 (85 years old).
Condition: Built in 1941, this property exhibits significant age and a lack of modern updates. The kitchen features extremely dated appliances (e.g., a vintage double wall oven and refrigerator), yellow laminate countertops, and old linoleum flooring, requiring a complete overhaul. Bathrooms are similarly outdated with old fixtures, wallpaper, and shower enclosures. Original wood floors show considerable wear, and the presence of a window AC unit suggests an outdated or absent central cooling system. The listing description itself notes a 'Dated Interior & Need for Renovation' and 'potential for outdated systems and structural components that may require significant investment,' indicating substantial repairs and rehabilitation are necessary to meet contemporary standards.
Year Built
1941
Close
-
List price
$3.6M
Original List price
$3.6M
Price/Sqft
$2,251
HOA
-
Days on market
-
Sold On
-
MLS number
LG26010823
Home ConditionPoor
Features
Excellent View: Bay, City Lights, Ocean, Panoramic, Water
Deck
Patio
ViewBay,City Lights,Ocean,Panoramic,Water

About this home

Opportunities such as 415 San Bernardino Avenue are rarely available in Newport Heights. Ideally positioned just above Cliff Drive Park, this exceptional property enjoys unobstructed panoramic views of Newport Harbor and the Pacific Ocean, offering a truly premier setting. Held by the same family for many decades, the residence is a charming classic cottage featuring a functional floor plan with original wood floors, two bedrooms, two bathrooms, and a private rear entertaining space. The covered patio provides an inviting setting for al fresco dining and intimate gatherings. The property presents a range of possibilities—whether thoughtfully enhanced with modern conveniences or reimagined entirely as a newly constructed home. Few parcels in Newport Heights offer such striking vistas, making this a rare opportunity for both end users and developers alike. Conveniently located just moments from the renowned dining and yachting lifestyle of Mariners Mile, Newport Harbor, and the iconic beaches of the Newport Peninsula, the home is equally close to award-winning schools and the shops, dining, and amenities along 17th Street. For those familiar with the area, 415 San Bernardino Avenue represents a truly exceptional chance to secure one of Newport Heights’ most desirable properties.

M
Matt Perry
Listing Agent

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.1mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.6mi
7/10
Newport Harbor High School
Public,•9-12•0.6mi
Condition Rating
Poor
Built in 1941, this property exhibits significant age and a lack of modern updates. The kitchen features extremely dated appliances (e.g., a vintage double wall oven and refrigerator), yellow laminate countertops, and old linoleum flooring, requiring a complete overhaul. Bathrooms are similarly outdated with old fixtures, wallpaper, and shower enclosures. Original wood floors show considerable wear, and the presence of a window AC unit suggests an outdated or absent central cooling system. The listing description itself notes a 'Dated Interior & Need for Renovation' and 'potential for outdated systems and structural components that may require significant investment,' indicating substantial repairs and rehabilitation are necessary to meet contemporary standards.
Pros & Cons

Pros

Unobstructed Panoramic Views: The property boasts exceptional, unobstructed panoramic views of Newport Harbor and the Pacific Ocean, offering a truly premier setting.
Prime Newport Heights Location: Ideally positioned just above Cliff Drive Park, moments from Mariners Mile, Newport Harbor, iconic beaches, award-winning schools, and 17th Street amenities.
Development Potential & Versatility: Presents a rare opportunity for both end users and developers, with options to thoughtfully enhance the existing home or reimagine entirely as a newly constructed residence.
Rarity & Exclusivity: Opportunities like this are rarely available in Newport Heights, with few parcels offering such striking vistas, making it a unique offering.
Private Outdoor Entertaining: Features a private rear entertaining space with a covered patio, ideal for al fresco dining and intimate gatherings.

Cons

Age of Property: Built in 1941, the property's age suggests potential for outdated systems and structural components that may require significant investment.
Dated Interior & Need for Renovation: Described as a 'charming classic cottage' with 'original wood floors,' the interior likely requires substantial modernization to meet contemporary luxury standards.
Modest Current Footprint: With 2 bedrooms, 2 bathrooms, and 1599 sqft, the existing home is relatively small for a high-value Newport Beach property, potentially necessitating expansion or redevelopment for some buyers.
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