
Newport Beach, California 92663
This Move-in Ready Coastal Residence is a Strong Value Opportunity, listed at $4,699,000—positioned well below the $5,171,049 Fair Market Value by 9%. This valuation gap offers $472,049 in Instant Equity for the buyer. Featuring a 3,506 sqft floor plan with panoramic views and a Condition Rating of 3, the home provides immediate comfort with significant upside for future expansion. Located in the prestigious Cliff Haven neighborhood near top-rated schools, this is an ideal acquisition for Owner-Occupants or Long-term Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 Saint James Place Subject | $4,699,000* List Price | 5 | 4 | 3,506 | $1,458 | - |
A 425 Tustin Avenue Sold | $4,025,000 | 5 | 4 | 3,002 | $1,341 | 0.7 mi |
B 424 Saint Andrews Road Sold | $3,380,000 | 4 | 2 | 2,301 | $1,469 | 0.3 mi |
C 405 El Modena Sold | $4,900,000 | 4 | 4 | 3,525 | $1,390 | 0.7 mi |
D 515 Tustin Ave Sold | $5,675,000 | 6 | 7 | 4,398 | $1,290 | 0.7 mi |
E 255 Ocean View Active Under Contract | $4,795,000 List Price | 5 | 5 | 3,647 | $1,315 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property is well-maintained and move-in ready. The kitchen features a high-end renovation (estimated 10-15 years old) with premium stainless steel appliances and stone backsplashes. While some bathrooms show dated 4x4 tile work and older fixtures, the overall interior with hardwood floors and updated recessed lighting suggests a well-kept home that does not require immediate major rehab.
Situated in the highly coveted Cliffhaven neighborhood on a quiet loop street, the property offers unparalleled proximity to 17th Street shops, Newport Harbor, and world-class beaches.
The elevated hillside position provides stunning vistas of Fashion Island and Saddleback Mountain, with significant opportunity to further maximize view corridors through future expansion or redevelopment.
With over 3,500 square feet and five bedrooms across two levels, the floor plan offers excellent flexibility for a home office, gym, or multi-generational living, complemented by multiple outdoor entertaining areas.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1953, the property may require substantial modernization of its core systems and finishes to align with contemporary luxury standards and the $4.7M price point.
The steep hillside lot orientation may limit usable flat yard space and presents potential accessibility challenges or higher costs for future construction and landscaping projects.
608 St. James Place presents an exceptional opportunity to own a move-in ready home in the highly sought after Cliff Haven neighborhood, one of Newport Beach's most coveted areas. Situated on a quiet loop street, the property features 5 bedrooms, 3.5 bathrooms, and spans over 3,500 square feet on a generous 9,000+ square foot hillside lot. Positioned on an elevated site, the home enjoys tremendous views of Fashion Island, Saddleback Mountain and the Castaways, with the potential to capture even more vistas through future expansion or redevelopment. The thoughtfully designed floor plan offers generous living spaces, including a separate living room and a spacious kitchen that flows seamlessly into the dining area before opening to a welcoming bar and family room, creating an ideal setting for everyday living and entertaining. The entry level draws you into an oversized picture window highlighting the tremendous views and features two bedrooms connected by a bathroom, a convenient powder room and a private view deck. The lower level offers three additional bedrooms, two full bathrooms, and multiple outdoor living areas that create inviting spaces to relax, entertain and enjoy the peaceful hillside setting. One or more of the secondary bedrooms can easily serve as a home office, gym, or flexible living space. The lot's orientation and setting provide an exceptional foundation for maximizing natural light, privacy and view corridors. Just moments from the shops and restaurants of 17th Street, the Castaways trails, Newport Harbor, world-class beaches, Fashion Island and Balboa Island, the location offers an exceptional coastal lifestyle with unmatched convenience. This premier Cliff Haven property presents a rare opportunity to own in one of Newport Beach's most desirable coastal communities.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.8 |
| Square foot | 3,506 | 2,729.518 |
| Lot Size | 9,100 | 6,677.813 |
| Price | $4.70M | $4.20M |
| Price per sq ft | $1.3K | $1.6K |
| Built year | 1953 | 1972 |
| HOA | $0 | $414 |
| Days on market | 35 | 63 |
Aug 5, 2026
$4,699,000
Initial Listing
Apr 30, 1993
$500,000
Public Record
Jun 8, 1990
$690,000
Public Record