425 Tustin Avenue, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 4 bath

425 Tustin Avenue, Newport Beach, California 92663 home-pic-0
ACTIVE$5,550,000
425 Tustin Avenue, Newport Beach, California 92663
5Beds
4Baths
2,898Sqft
6,373Lot

Price Vs. Estimate

The estimated value ($5,246,186.82) is $303,813.18 (5%) lower than the list price ($5,550,000). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Remodel: The property has undergone a complete remodel in 2024 with nearly $1,000,000 in improvements, offering modern amenities and updated aesthetics.
Top Cons:
Price Point: The list price of $5,550,000 may be a barrier for some buyers, limiting the potential buyer pool.

Compared to the nearby listings

Price:$5.55M vs avg $4.45M (+$1,100,000)68%
Size:2,898 sqft vs avg 2,456 sqft64%
Price/sqft:$1.9K vs avg $1.8K53%

More Insights

Built in 1953 (72 years old).
Condition: The property was built in 1953 but underwent a complete remodel in 2024. The listing description and images show a modern, high-end kitchen with new appliances, completely remodeled bathrooms, new flooring, lighting, doors, windows, stucco, and HVAC. The overall condition appears to be virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1953
Close
-
List price
$5.55M
Original List price
$5.55M
Price/Sqft
$1,915
HOA
-
Days on market
-
Sold On
-
MLS number
OC25121766
Home ConditionExcellent
Features
Deck
Spa
Patio
ViewNeighborhood

About this home

Ideally located within walking distance to both Cliff Drive Park and John Wayne Park, this 2024-remodeled home offers a well-balanced mix of thoughtful design and modern upgrades. Set on a 6,373-square-foot lot and spanning approximately 2,898 square feet, the property includes five bedrooms and four bathrooms, including a separate casita in the backyard. The symmetrical facade opens to interiors filled with natural light and nearly $1,000,000 in recent improvements including warm wood floors, new lighting, doors and windows, completely remodeled bathrooms, all-new drywall, new exterior stucco, and new HVAC. The chef’s kitchen features a large center island and high-end appliances, connecting directly to open-concept living areas and outdoor entertaining spaces. The backyard includes a fire pit lounge, spa, and terraced deck beneath mature palms, framed by landscaped greenery that adds both privacy and atmosphere. Above the detached garage, a well-finished ADU provides flexible space for guests, remote work, or long-term stays. Additional highlights include parking for up to five cars, a layout that supports both daily living and entertaining, and a location in one of Newport Beach’s most desirable neighborhoods. Just a short walk or bike ride from top beaches, restaurants, and everything Newport has to offer, the home also sits within an award-winning school district, offering timeless design, convenience, and lasting value.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-80.4mi
7/10
Newport Harbor High School
Public,9-120.4mi
Condition Rating
Excellent

The property was built in 1953 but underwent a complete remodel in 2024. The listing description and images show a modern, high-end kitchen with new appliances, completely remodeled bathrooms, new flooring, lighting, doors, windows, stucco, and HVAC. The overall condition appears to be virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Recent Remodel: The property has undergone a complete remodel in 2024 with nearly $1,000,000 in improvements, offering modern amenities and updated aesthetics.
Desirable Location: Located in Newport Heights, a highly sought-after neighborhood in Newport Beach, within walking distance to parks, beaches, and restaurants.
ADU Potential: Features a well-finished ADU above the detached garage, providing flexible space for guests, remote work, or rental income.
Award-Winning School District: Located within the boundaries of an award-winning school district, making it attractive to families with children.
Chef's Kitchen: The remodeled kitchen features a large center island and high-end appliances, ideal for cooking and entertaining.

Cons

Price Point: The list price of $5,550,000 may be a barrier for some buyers, limiting the potential buyer pool.
Lot Size: While adequate, the 6,373 sqft lot size is relatively modest compared to other properties in the area at this price point.
Year Built: Built in 1953, the original structure is older, which may raise concerns about potential maintenance or structural issues despite the recent remodel.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state