
Newport Beach, California 92663
This Ultra-Modern Mixed-Use Property represents a Prime Investment Opportunity, listed at $5,500,000—positioned well below the $5,634,393 Fair Market Value by 2%. This valuation gap offers $134,393 in Instant Equity. Featuring a 2019 build date and Mint Condition Rating, the home offers high-end marble finishes, a retractable patio roof, and rare 6-car parking. Located near top-rated schools like Newport Elementary (9/10), this is an ideal acquisition for Sophisticated Investors or Owner-Occupants seeking a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 419 29th Street Subject | $5,500,000* List Price | 0 | 0 | 3,341 | $1,686 | - |
A 517 30th Street Active | $4,395,000 List Price | 0 | 0 | 2,511 | $1,750 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this ultra-modern property is less than 10 years old and in mint condition. It features high-end marble bathrooms, a contemporary outdoor kitchen with a retractable roof, and modern systems throughout, requiring no maintenance.
Elementary School: Newport Elementary School (9/10).
A rare find for this coveted coastal location, the property offers parking for up to 6 cars, providing significant convenience and value in a high-density area.
Built in 2019, this ultra-modern mixed-use property features a sophisticated contemporary design that perfectly accommodates a seamless live/work lifestyle.
Despite the premium $5.5M price point and proximity to the water, the property only offers 'Peek-A-Boo' views rather than expansive ocean vistas.
While plans and permits are included, the lack of a currently installed elevator in a multi-level 3,341 sqft residence may be a drawback for some buyers.
Experience the pinnacle of coastal sophistication with this ultra modern contemporary live/work property in the Cannery district, steps from the surf and sand, moments to the tranquil back bay featuring world class dining, shopping, yachting and an exceptional life style. Flooded with natural light offers a seamless indoor/outdoor living with a retractable patio roof, out door kitchen. A rare find for this coveted coastal location to have parking for up to 6 cars. Marble bathrooms, soaking tub and walk-in closest are waiting for you to enhance your lifestyle. There are plans and permits for an elevator and furniture can be negotiable.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2019 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 28, 2026
$5,500,000
Initial Listing
Aug 31, 2022
$4,579,000
Public Record