425 Tustin Avenue, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 4 bath
425 Tustin Avenue
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 425 Tustin Avenue, Newport Beach, California 92663 reveals a property with a current list price of $4,495,000, which is 9% above the estimated $4,119,732 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 Tustin Avenue Subject | $4,495,000* List Price | 5 | 4 | 3,002 | $1,372 | - |
A 400 Aliso Avenue Sold | $3,955,125 | 4 | 5 | 3,114 | $1,270 | 0.2 mi |
B 2300 Margaret Drive Sold | $3,555,000 | 4 | 3 | 3,000 | $1,185 | 0.4 mi |
C 430 Aliso Avenue Sold | $5,000,000 | 4 | 5 | 3,873 | $1,291 | 0.2 mi |
D 405 El Modena Active | $5,200,000 List Price | 4 | 4 | 3,525 | $1,475 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1953, this property has been completely 'reimagined' with an extensive, high-end renovation within the last few years. The interior features a modern coastal aesthetic with premium wide-plank wood flooring, a chef's kitchen equipped with a waterfall-edge island and professional-grade stainless steel appliances, and designer bathrooms with contemporary tile work and frameless glass showers. The addition of a modern detached ADU, updated recessed lighting, and seamless indoor-outdoor living spaces with a spa and fire pit confirm that all major components meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Detached ADU
The property includes a rare detached ADU above the garage with a private entrance, kitchenette, and bath, offering significant versatility for rental income, multi-generational living, or a private home office.
- Prime Newport Heights Location
Ideally situated in a highly sought-after residential pocket, the home provides walking-distance proximity to top-rated schools, neighborhood parks, and the popular dining and retail corridor along 17th Street.
- Modernized Coastal Design
The reimagined interior features a light, modern aesthetic with dual living rooms, a chef-inspired kitchen with a wine fridge, and a seamless indoor-outdoor flow to a backyard equipped with a spa and fire pit.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3002, other record living area = 400. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 1.
- Lack of Views
Unlike many premium properties in the Newport Beach area at this price point, this residence does not offer ocean, bay, or city light views.
- Modest Lot Size
The 6,373 square foot lot is relatively standard for the neighborhood, which may limit the sense of privacy or space for those seeking a more expansive estate-sized parcel.
About 425 Tustin Avenue
Set in the heart of the highly sought-after Newport Heights, this reimagined coastal residence offers a rare five-bedroom, four-bath layout, including a detached ADU above the garage with a private entrance, kitchenette, and bath. Blending timeless architecture with a light, modern aesthetic, the home is thoughtfully designed for both everyday living and effortless entertaining. The main residence features spacious, light-filled living areas with an open, intuitive flow. Two distinct living rooms, each anchored by a fireplace, create flexibility for relaxing or hosting. The central kitchen and dining area serves as the heart of the home, complete with generous workspace, a bar area with wine fridge, and sightlines into surrounding living spaces. Large windows and doors throughout invite natural light and seamlessly connect the interior to the outdoors. The main level includes two bedrooms and a full bath, with one currently styled as a home office. Upstairs, the primary suite serves as a serene retreat with custom-built-in cabinetry, integrated vanity area, walk-in closet, and an ensuite bath with a walk-in shower. An additional ensuite bedroom completes the upper level, featuring a bathtub, built-in vanity area, and a built-in window bench, creating a charming nook for reading or relaxing. Several rooms open to outdoor spaces, enhancing the indoor-outdoor lifestyle that defines coastal living. The backyard is designed as an extension of the home, featuring multiple areas for lounging, dining, and entertaining. A fire pit and spa create a natural focal point, while the layout provides privacy and separation between the main residence and the ADU. The detached suite offers exceptional versatility, ideal for guests, extended family, home office, or rental income potential. Additional highlights include a two-car garage, extra on-site parking, an outdoor shower, and ample storage. Ideally located near neighborhood parks, beaches, top-rated schools, and the shops and dining along 17th Street, this home delivers an elevated Newport Heights lifestyle in one of the area’s most desirable residential pockets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,373 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.0 mi
Horace Ensign Intermediate School
Grades 7-8 • 0.4 mi
Newport Harbor High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,002 | 2,609.5 | 65% |
| Lot Size | 6,373 | 4,783.5 | 63% |
| Price | $4.50M | $4.47M | 50% |
| Price per sq ft | $1.5K | $1.8K | 35% |
| Built year | 1953 | 1961 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 219 | 7% |
Pricing History
Listed for Sale
Jan 27, 2026
$4,495,000
Initial Listing
Sold
Aug 22, 2022
$3,250,000
Public Record
Sold
Sep 3, 2002
$1,227,500
Public Record
Sold
Jun 25, 1998
$441,000
Public Record