502 Kings Rd, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 4 bath

502 Kings Rd
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 502 Kings Rd, Newport Beach, California 92663 reveals a property with a current list price of $5,995,000, which is 7% above the estimated $5,554,310 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 502 Kings Rd Subject | $5,995,000* List Price | 4 | 4 | 2,800 | $1,984 | - |
A 730 Saint James Place Sold | $4,500,000 | 2 | 4 | 2,576 | $1,747 | 0.3 mi |
B 101 Kings Place Active Under Contract | $5,995,000 List Price | 4 | 4 | 3,479 | $1,723 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready but remains largely in a dated state consistent with mid-to-late 20th-century styling. While the pool has been recently refreshed with new plaster and tile, the interior features older wood cabinetry, tile countertops, and aged appliances in the kitchen and bathrooms that do not meet modern luxury standards for the area.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Coastal Views
The property captures rare and sweeping views of the harbor, Pacific Ocean, and Catalina Island from its elevated second level, a highly coveted feature in this coastal enclave.
- Expansive Lot Size
Positioned on one of the largest lots on Kings Road, the 9,123-square-foot parcel offers a level of space and privacy that is increasingly difficult to find in Newport Beach.
- Resort-Style Outdoor Living
The grounds are designed for entertaining, featuring a gunite pool and spa with new tile and plaster, plus a detached cabana with a changing room and 3/4 bath.
CONSRISKS & DEFICIENCIES
- Original 1960s Construction
Given its 1960 build date, the home may require significant modernization or a complete renovation to meet the standards of today's luxury buyers.
- Premium Price per Square Foot
With a list price of nearly $6 million for 2,800 square feet of living space, the investment value is heavily weighted in the land and view potential rather than the existing structure.
About 502 Kings Rd
Positioned on one of the largest lots along sought-after Kings Road, this rare Newport Beach offering is defined by exceptional privacy, space, and views. From its elevated second level, the residence captures sweeping harbor, ocean, and Catalina Island views, a view that is increasingly rare in this coastal enclave. The multilevel home is filled with natural light, creating a bright and welcoming atmosphere throughout. A breakfast nook overlooks the backyard and pool, while the main level also features a primary bedroom with a walk-in closet, a spacious full bath with dual sinks, and a dedicated laundry room. Designed to embrace Southern California’s indoor-outdoor lifestyle, the grounds are anchored by an inground gunite pool and spa enhanced with new plaster and tile. A detached pool cabana with a changing room and a 3/4 bath adds resort-style functionality for entertaining or relaxed weekends at home. The backyard offers generous space to gather and host year-round. Upstairs, a second living area with vaulted ceilings, a wet bar, and picturesque views provides an inviting place to unwind. Three additional bedrooms and two bathrooms complete the upper level, including a main bedroom with an ensuite bath and walk-in closet. A two-car garage adds everyday convenience, while the expansive lot offers a level of space rarely available in the area, all just moments from the bay and nearby beaches. A rare opportunity to enjoy panoramic views and coastal living in one of Newport Beach’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 9,123 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 0.9 mi
Horace Ensign Intermediate School
Grades 7-8 • 0.4 mi
Newport Harbor High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,800 | 2,609.5 | 59% |
| Lot Size | 9,123 | 4,783.5 | 94% |
| Price | $6.00M | $4.47M | 74% |
| Price per sq ft | $2.1K | $1.8K | 65% |
| Built year | 1960 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 219 | 6% |
Pricing History
Listed for Sale
Feb 24, 2026
$5,995,000
Initial Listing













































