
Newport Beach, California 92663
Analysis of 4703 River, Newport Beach, California 92663 is currently available with a list price of $5,900,000. 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.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. It features modern luxury finishes including quartz countertops, luxury vinyl plank flooring, and Andersen windows, with all mechanical systems being nearly new.
Elementary School: Newport Elementary School (9/10).
Built in 2021, this property features premium finishes including Andersen windows, quartz countertops, and luxury vinyl plank flooring, offering a turnkey, low-maintenance investment with contemporary aesthetic appeal.
Situated in the coveted West Newport Beach Peninsula, the property boasts exceptional walkability to the beach, bay, and local amenities, ensuring high demand and premium rental rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 4340.
The property operates as four residences but is only legally permitted as a two-unit building, which presents significant challenges for traditional financing, insurance, and long-term legal compliance.
The discrepancy between the physical configuration and legal status may complicate future resale and appraisal values, limiting the pool of potential buyers to those comfortable with non-conforming assets.
This exceptional 4-unit income property represents a rare offering on the coveted Newport Beach Peninsula. The property consists of four distinct residences that all feel like true single family living spanning 10 bedrooms and 10 total bathrooms. With a combined 4,800 sf living space, the property is configured as two 3BR/3BA and two 2BR/2BA units with covered parking. Raised ceilings in the upstairs units provide a massive sense of depth giving the larger units a uniqueness that is hardly found in the traditional multifamily setting. Featuring luxury vinyl plank flooring, quartz countertops, Andersen windows and doors, and an all-stucco exterior designed for low-maintenance beach living and built with the highest of quality and care. Stroll to the beach, boardwalk, bay, surf spots, local cafés, restaurants, boutique shops, and everything the Newport Peninsula has to offer. Quick access to PCH keeps all of coastal Orange County within easy reach. A property of this size and of this quality is something that needs to be experienced in person to be appreciated! Please note:Property operates as four residences but is not legally permitted as a 4-unit building, originally permitted as two units in 2021.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades PK-6 • 1.6 mi
Grades 7-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.5 |
| Baths | 0.0 | 3.8 |
| Square foot | 4,650 | 2,512.545 |
| Lot Size | 4,792 | 2,760.364 |
| Price | $5.90M | $3.24M |
| Price per sq ft | $1.3K | $1.8K |
| Built year | 2021 | 1958 |
| HOA | $0 | $0 |
| Days on market | 84 | 72 |
Jun 17, 2026
$5,900,000
Initial Listing
Jan 30, 2018
$1,725,000
Public Record
Jul 14, 2000
$500,000
Public Record