501 Aliso Ave., Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 5 bath
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Newport Beach, California 92663
This Turnkey Single Family Residence is listed at $4,740,000, reflecting a stable valuation aligned with its $4,709,195 Fair Market Value. Featuring a reimagined interior with hardwood floors and a separate attached casita, the property maintains an Excellent Condition Rating. Located in the prestigious Newport Heights neighborhood, residents benefit from proximity to Newport Harbor High School and premium coastal amenities. With its versatile layout and high-end finishes, this property offers a sophisticated lifestyle for discerning homeowners or multi-generational families seeking a move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Aliso Ave. Subject | $4,740,000* List Price | 5 | 5 | 3,177 | $1,482 | - |
A 521 Westminster Sold | $5,100,000 | 4 | 5 | 3,577 | $1,426 | 0.5 mi |
B 405 El Modena Sold | $4,900,000 | 4 | 4 | 3,525 | $1,390 | 0.1 mi |
C 510 Catalina Drive Sold | $5,950,000 | 5 | 5 | 3,990 | $1,491 | 0.4 mi |
D 120 Via Trieste Sold | $5,500,000 | 4 | 4 | 3,671 | $1,498 | 0.9 mi |
E 425 Tustin Avenue Active Under Contract | $4,395,000 List Price | 5 | 4 | 3,002 | $1,464 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1945, this property has been completely reimagined with a high-end renovation likely within the last 5 years. The interior features modern hardwood floors, updated bathrooms with contemporary fixtures and tile work, and fresh paint inside and out. The presence of copper gutters and a security system indicates well-maintained systems, making it move-in ready in mint condition.
The property features a unique 5-bedroom configuration including a separate attached casita, providing excellent flexibility for multi-generational living, a private home office, or potential rental income.
Ideally situated on a corner lot within walking distance to the Back Bay and Harbor, the home offers immediate access to award-winning schools and the high-end dining and shopping along 17th Street.
The home is move-in ready with new interior and exterior paint, beautiful hardwood floors, and a backyard designed for hosting, featuring a built-in BBQ and fire pit.
Despite the premium price point and proximity to the water, the property lacks the ocean or bay views typically sought after by luxury buyers in the Newport Beach area.
Originally built in 1945, the property may possess underlying structural or utility limitations inherent to older homes that 'reimagined' cosmetics might not fully address.
Set in the heart of the highly sought-after Newport Heights, this reimagined GORGEOUS Family Home on corner lot. This home is ideally located within walking distance to Back Bay & Harbor, where you can enjoy serene waterside views and outdoor activities. Spacious floor plan, conducive to Gracious Living and Entertaining. 5 bedroom, 5 bath, 2 separate living areas. 2 bedrooms/2baths down and 2 bedrooms 2 baths up. 5th bedroom and bath is separate attached casita ideal for guests, extended family, home office, workout room, etc. or rental income potential. Built-in BBQ and fire pit on back patio. Beautiful Hardwood Floors. Lot's of kitchen counter space and plenty of cabinets. Inside laundry room. Copper rain gutters, security system. New paint inside & out. Conveniently located just moments from the renowned dining and yachting lifestyle of Mariners Mile, Newport Harbor, and the iconic beaches of the Newport Peninsula, the home is equally close to award-winning schools and the shops, dining, and amenities along 17th Street.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 5.0 | 4.0 | 67% |
| Square foot | 3,177 | 2,567.5 | 60% |
| Lot Size | 6,375 | 4,425.5 | 71% |
| Price | $4.74M | $4.70M | 50% |
| Price per sq ft | $1.5K | $1.6K | 40% |
| Built year | 1945 | 1962 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 144 | 2% |
Jun 2, 2026
$4,740,000
Initial Listing
May 16, 2013
$1,750,000
Public Record
Jun 16, 2010
$1,300,000
Public Record
Mar 29, 2005
$1,460,000
Public Record
Mar 23, 2004
$1,215,000
Public Record