438 Vista Parada, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath
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438 Vista Parada
Newport Beach, California 92660
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,887Sq Ft
1,956Lot Size
Property Price
LIST PRICE$1,850,000
EST. MARKET VALUE
$2,045,900
9% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,850,000—positioned well below the $2,041,250 Fair Market Value by 9%. This valuation gap offers $191,250 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers a remodeled lower level and Upper Back Bay views. Located in the Newport Mesa Unified district with 9/10 rated schools, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through cosmetic renovation.
Estimated Market Value
$2,045,900+$195,900 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 438 Vista Parada Subject 3 bd · 3 ba · 1,887 sqft · $1,084 | $1,850,000* List Price | 3 | 3 | 1,887 | $1,084 | - |
A 517 Gorgonia Sold 3 bd · 2 ba · 1,642 sqft · $1,111 · 0.5 mi | $1,825,000 | 3 | 2 | 1,642 | $1,111 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property features a recently remodeled downstairs with a modern kitchen, stainless steel appliances, and updated flooring. However, the home was built in 1971 and the upstairs remains unremodeled and dated, requiring further updates to be fully modernized.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Prime Coastal Views
The property features an extended rear patio overlooking the Upper Back Bay, with water views from the primary and adjacent bedrooms, offering a premium coastal lifestyle.
- Elite School District
Situated in a highly sought-after area, the home provides access to top-rated institutions including Eastbluff Elementary and Corona Del Mar High School, both rated 9/10.
CONSRISKS & DEFICIENCIES
- Inconsistent Interior Condition
The discrepancy between the remodeled lower level and the original upper floor requires immediate renovation work to achieve a cohesive and modern aesthetic throughout.
- Minimal Outdoor Space
As a townhouse with a lot size nearly equal to the living square footage, the property lacks a traditional yard, which may limit appeal for buyers seeking private green space.
About 438 Vista Parada
Looking for a great opportunity to create your own style of home. Look no further, this two story, 3 bedroom/2.5 bathroom "TRINA" is the perfect home for you.The home has a fireplace, 2 car garage, and an extended rear patio that over looks the upper back bay. The home also features water views from the primary bedroom and the adjacent bedroom. Down stairs has been remodeled and the upper floor has not.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1971
- Lot Size
- 1,956 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Eastbluff Elementary School
Grades K-6 • 0.3 mi
9/10
Mariners Elementary School
Grades PK-6 • 2.0 mi
8/10
Abraham Lincoln Elementary School
Grades K-6 • 2.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,887 | 2,152.5 |
| Lot Size | 1,956 | 134,550.833 |
| Price | $1.85M | $1.54M |
| Price per sq ft | $980 | $887 |
| Built year | 1971 | 1974 |
| HOA | $375.0 | $588 |
| Days on market | 38 | 62 |
Pricing History
Listed for Sale
Sep 17, 2026
$1,850,000
Initial Listing
Sold
Jun 24, 1999
$375,000
Public Record