539 Tustin Avenue, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
539 Tustin Avenue
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 539 Tustin Avenue, Newport Beach, California 92663 reveals a property with a current list price of $3,495,000, which is 8% above the estimated $3,210,638 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 539 Tustin Avenue Subject | $3,495,000* List Price | 2 | 2 | 1,505 | $2,133 | - |
A 539 San Bernardino Avenue Sold | $4,000,000 | 3 | 4 | 2,048 | $1,953 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1946, the property has been extensively renovated and expanded recently into a coastal modern masterpiece. It features a newly constructed resort-style backyard with a pool, spa, and high-end outdoor kitchen, along with designer-updated bathrooms, an open-concept interior, and updated mechanical systems, meeting the criteria for a fully renovated, like-new home.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Outdoor Living
The property features a newly constructed backyard paradise with a sparkling pool, spa, dual-sided fireplace, and a high-end outdoor kitchen, offering an elite level of indoor-outdoor entertainment space.
- Future Expansion Potential
The inclusion of architectural and structural plans for a second-story casita/ADU with a rooftop deck provides a significant opportunity to add value, square footage, and ocean-sunset views.
- Prime Newport Heights Location
Boasting a high walkability factor, the home is situated moments from 17th Street’s premier dining and boutiques, Cliff Drive Park, and the beach, placing it in one of Newport’s most desirable neighborhoods.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1505, other record living area = 1189. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bedroom Count
With only two bedrooms, the current configuration may limit the property's appeal to larger families or buyers requiring more dedicated guest or office space at this price point.
- High Price per Square Foot
At 1,505 square feet for nearly $3.5 million, the home carries a premium price tag that reflects its luxury finishes and lot value rather than substantial interior living volume.
About 539 Tustin Avenue
Welcome to a rare offering in Newport Heights—one of Newport Beach’s most sought-after neighborhoods, where opportunities like this are few and far between. Recently upgraded and expanded, this coastal modern residence is a masterclass in refined design, effortless comfort, and the ultimate Southern California indoor-outdoor lifestyle. Bathed in natural light throughout the day, the home invites you to enjoy sun-soaked living from the front entertaining deck and manicured yard to the spectacular backyard retreat. Inside, a beautifully curated open-concept layout blends the kitchen, living, and dining spaces into one seamless setting—ideal for elevated everyday living and unforgettable entertaining. Step into your own private resort. The newly constructed backyard entertainer’s paradise features a sparkling pool with baja shelf and spa, a generous lounging and dining deck, a dual-sided fireplace for gathering under the stars, and thoughtfully designed outdoor kitchen with top of the line Blaze grill, flat top griddle, double-burner stove, 2 refrigerators, and Ice Maker—perfect for long coastal evenings and year-round enjoyment. The oversized primary suite offers a tranquil escape, complete with a custom expanded walk-in closet and peaceful views of the backyard oasis. Recent enhancements include solid wood bi-fold doors, designer-updated bathrooms with custom vanities, an expanded laundry room with added storage, and central air and heat for modern comfort. Adding even more value and flexibility, the garage has been updated with new mechanicals and a custom glass panel garage door. Architectural and structural plans are also included for a future second-story casita/ADU above the garage, featuring a rooftop deck designed to capture ocean-sunset views—an extraordinary opportunity in this premier location. Walk your dogs around amazing Cliff Drive Park and just moments from the best of Newport Beach—17th Street dining and boutiques, the beach, Back Bay trails, Lido Marina Village, PCH, and Cliff Park—this home captures the essence of Newport Heights living: vibrant, walkable, and effortlessly coastal.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,375 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 1.2 mi
Horace Ensign Intermediate School
Grades 7-8 • 0.5 mi
Newport Harbor High School
Grades 9-12 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 20% |
| Baths | 2.0 | 4.0 | 28% |
| Square foot | 1,505 | 2,569 | 20% |
| Lot Size | 6,375 | 4,783.5 | 63% |
| Price | $3.50M | $4.42M | 31% |
| Price per sq ft | $2.3K | $1.8K | 70% |
| Built year | 1946 | 1961 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 219 | 6% |
Pricing History
Listed for Sale
Jan 30, 2026
$3,495,000
Initial Listing
Sold
Jul 2, 2002
$740,000
Public Record
Sold
Dec 29, 1999
$466,000
Public Record