514 Westminster, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 6 bath
Loading property details...
514 Westminster
Newport Beach, California 92663
ACTIVE
CONDITION: GOOD
4Beds
6Baths
5,152Sq Ft
6,375Lot Size
Property Price
LIST PRICE$5,688,000
EST. MARKET VALUE
$5,458,039
4% AboveMARKET VALUE
SUMMARY
This Sophisticated Newport Heights Residence is a Strong Value Opportunity, listed at $5,688,000—positioned above the $5,523,623 Fair Market Value. While priced slightly above market, the property maintains a Good Condition Rating and offers a turnkey lifestyle with a Granite Chef's Kitchen and an Elite Outdoor Entertaining area featuring a pizza oven. Located within the Newport Mesa Unified district, it provides access to top-rated schools. This expansive home is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a move-in ready, high-end coastal lifestyle.
Estimated Market Value
$5,458,039
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 |
|---|---|---|---|---|---|---|
★ 514 Westminster Subject | $5,688,000* List Price | 4 | 6 | 5,152 | $1,059 | - |
A 515 Tustin Ave Sold | $5,675,000 | 6 | 7 | 4,398 | $1,290 | 0.3 mi |
B 405 El Modena Sold | $4,900,000 | 4 | 4 | 3,525 | $1,390 | 0.4 mi |
C 520 Kings Sold | $5,890,000 | 4 | 4 | 4,173 | $1,411 | 0.9 mi |
D 460 Santa Ana Avenue Pending | $6,995,000 List Price | 4 | 5 | 4,961 | $1,410 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 22-year-old residence is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms feature granite countertops and cabinetry styles original to the build date, the high-end finishes, pristine flooring, and sophisticated outdoor amenities (pizza oven, built-in BBQ) demonstrate a level of care that avoids the need for immediate repairs, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Newport Heights Location
Situated in one of Newport Beach's most coveted neighborhoods, this property offers immediate access to award-winning schools, world-class beaches, and premier shopping, ensuring long-term value and lifestyle appeal.
- Expansive Luxury Layout
The 5,152-square-foot residence features soaring ceilings and a highly functional floor plan where every bedroom includes an en-suite bath, providing a level of privacy and scale rarely found in the area.
- Elite Outdoor Entertaining
Designed for the quintessential California lifestyle, the private patio serves as a true entertainer's retreat with a built-in barbecue and an authentic pizza oven, perfect for year-round gatherings.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
Unlike many high-end properties in the Newport Beach market at this price point, the residence does not offer ocean, bay, or city light views, which may impact its competitive positioning.
- High Lot Coverage
With a substantial 5,152-square-foot home situated on a 6,375-square-foot lot, there is limited remaining yard space for buyers desiring a large garden or a private swimming pool.
About 514 Westminster
514 Westminster experience sophisticated beautiful Newport Heights home with elegance in this exceptional 5,152 -square foot residence nestled in the coveted Newport Heights neighborhood. This exquisite four-bedroom, five-bathroom home offers soaring ceilings, timeless architectural details, and an effortless blend of luxury and comfort. Designed for exceptional indoor-outdoor living, the private patio is an entertainer's dream, featuring a built -in barbecue, authentic pizza oven, and inviting outdoor seating areas perfect for year round gatherings. The opulent chef's kitchen showcases rich granite countertops, abundant custom cabinetry, premium finishes, and generous workspace, creating the perfect setting for both everyday living and elegant entertaining. A finished three-car garage, along with additional off-street parking for several vehicles, provides exceptional convenience. Ideally located just moments from Newport Beach's renowned beaches, premier shopping, fine dining, and award-winning schools, this extraordinary residence offers the very best of the Newport Heights lifestyle. Every room has an en-suite including the office that can be converted into a 5th bedroom.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 6,375 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 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 • 1.4 mi
8/10
Horace Ensign Intermediate School
Grades 7-8 • 0.8 mi
7/10
Newport Harbor High School
Grades 9-12 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 3.8 |
| Square foot | 5,152 | 2,729.518 |
| Lot Size | 6,375 | 6,677.813 |
| Price | $5.69M | $4.20M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 2004 | 1972 |
| HOA | $0 | $414 |
| Days on market | 47 | 63 |
Pricing History
Listed for Sale
Jul 24, 2026
$5,688,000
Initial Listing
Sold
Aug 28, 2024
$3,950,000
Public Record
Sold
Nov 29, 2005
$2,500,000
Public Record