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521 Westminster, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 5 bath

521 Westminster, Newport Beach, California 92663 home-pic-0
ACTIVE$5,295,000$3,577/sqft
Est. Value: $4,705,796
-11%
AboveEstimate
521 Westminster, Newport Beach, California 92663
4Beds
5Baths
3,577Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($4,705,795.65) is $589,204.35 (11%) lower than the list price ($5,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Coastal Location: Ideally situated in the highly sought-after Newport Heights neighborhood, moments from world-class beaches, top dining, and premier shopping, offering an unparalleled lifestyle.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 5718. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3577, other record living area = 1754. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.

Compared to the nearby listings

Price:$5.29M vs avg $4.47M (+$820,000)62%
Size:3,577 sqft vs avg 2,589.5 sqft77%
Price/sqft:$1.5K vs avg $1.7K37%

More Insights

Built in 1940 (86 years old).
Condition: Despite being built in 1940, the property has undergone a recent, extensive, and high-end renovation, both interior and exterior, as explicitly stated in the description. The images confirm this with premium, modern kitchens (main house and ADU), luxurious bathrooms featuring contemporary fixtures and tiling, new light wood flooring throughout, recessed lighting, and top-of-the-line appliances. The entire home presents as virtually new and turnkey, meeting current quality standards with no deferred maintenance.
Year Built
1940
Close
-
List price
$5.29M
Original List price
$5.29M
Price/Sqft
$1,480
HOA
-
Days on market
-
Sold On
-
MLS number
PW25281041
Home ConditionExcellent
Features
View-

About this home

Discover luxury coastal living at 521 Westminster Avenue, a newly remodeled single-family residence with an attached ADU, ideally located in the heart of Newport Heights. Offering 4 bedrooms, 4.5 bathrooms, and 3,577 square feet of thoughtfully designed living space, this turnkey home seamlessly blends modern elegance with everyday functionality. The main residence features two distinct living areas and an open-concept layout filled with natural light and elevated finishes throughout. At the heart of the home is a chef’s kitchen equipped with premium appliances, sleek waterfall countertops, ample storage, and effortless flow into the backyard, perfect for both daily living and entertaining. Expansive La Cantina bifold doors create true indoor-outdoor living, opening to an entertainer’s retreat complete with a cocktail pool, built-in BBQ, covered patio, and convenient poolside half bath. The generous front yard adds another layer of livability, featuring built-in seating and a cozy fire pit for year-round enjoyment. The fully remodeled attached ADU offers a private entrance, full kitchen, living room, one bedroom, and one full bathroom, ideal for guests, extended family, or potential rental income. Additional highlights include a dedicated laundry room, attached 3-car garage, a serene wellness room with custom plaster walls, and a versatile flex space suitable for a home office, playroom, or additional lounge. Every inch of the property has been thoughtfully reimagined, both interior and exterior, with no shortcuts taken, resulting in a home that truly presents as turnkey. Located just moments from world class beaches, top dining, and premier shopping, this is a rare opportunity to own a modern coastal sanctuary in one of Newport Beach’s most sought-after neighborhoods. Location, layout, and condition matter and 521 Westminster checks every box.

K
Kathleen Tedesco
Listing Agent

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.8mi
7/10
Newport Harbor High School
Public,•9-12•0.7mi

Price History

Date
Event
Price
11/28/23
Sold
$3,600,000
10/14/21
Sold
$2,200,000
Condition Rating
Excellent
Despite being built in 1940, the property has undergone a recent, extensive, and high-end renovation, both interior and exterior, as explicitly stated in the description. The images confirm this with premium, modern kitchens (main house and ADU), luxurious bathrooms featuring contemporary fixtures and tiling, new light wood flooring throughout, recessed lighting, and top-of-the-line appliances. The entire home presents as virtually new and turnkey, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Ideally situated in the highly sought-after Newport Heights neighborhood, moments from world-class beaches, top dining, and premier shopping, offering an unparalleled lifestyle.
Turnkey & High-End Renovation: The property has been newly remodeled and thoughtfully reimagined, both interior and exterior, with elevated finishes and no shortcuts taken, presenting as a truly turnkey luxury residence.
Attached ADU with Income Potential: Features a fully remodeled attached ADU with a private entrance, full kitchen, living room, bedroom, and bathroom, providing excellent flexibility for guests, extended family, or potential rental income.
Exceptional Indoor-Outdoor Living & Entertainment: Boasts expansive La Cantina bifold doors for seamless indoor-outdoor flow, an entertainer’s backyard with a cocktail pool, built-in BBQ, covered patio, poolside half bath, and a front yard with built-in seating and fire pit.
Spacious & Functional Layout with Premium Amenities: Offers 3,577 square feet with 4 bedrooms and 4.5 bathrooms, including a chef’s kitchen with premium appliances, multiple living areas, a serene wellness room, versatile flex space, and an attached 3-car garage.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 5718. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3577, other record living area = 1754. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Absence of Views: The property description explicitly states 'View: None,' which may be a drawback for buyers seeking ocean or city views typically associated with luxury coastal properties in Newport Beach.
High Property Tax Burden: Given the list price of $5.295 million and its prime Newport Beach location, prospective buyers should anticipate substantial annual property taxes and insurance costs.
Relatively Modest Lot Size: With a lot size of 6,534 square feet, while functional, it may be considered less expansive compared to other luxury estates in the $5M+ price range within the Newport Beach market, potentially limiting extensive landscaping or future expansion.
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