7 Big Dipper Court, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 3 bath
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Newport Beach, California 92663
This property presents a Strong Value Opportunity with a List Price of $830,000—positioned well below the $890,845 Fair Market Value by 6%. This valuation gap offers $60,845 in Instant Equity for buyers prepared to modernize the interior. Featuring a Condition Rating of 4, the home requires a comprehensive renovation to reach its full potential. Located in a secluded Newport Beach enclave with a private deck, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build significant sweat equity.
Property is moderate renovation needed.
Built in 1977, this nearly 50-year-old property is functional but significantly dated. While it features newer stainless steel appliances, the kitchen retains older cabinetry and 4x4 white tile countertops. The listing description explicitly identifies it as a 'transformation' opportunity for 'sweat equity,' confirming that while livable, it requires comprehensive updates to systems and finishes to meet modern standards.
Situated in a secluded Newport Beach pocket, the property offers immediate access to scenic nature trails and is just minutes from world-class beaches, dining, and shopping.
Marketed as one of the best values in Newport Beach, this home features solid bones and a classic layout, providing a prime opportunity for buyers to build sweat equity through modernization.
Located in the Newport Terrace subdivision, the property is surrounded by mature trees and a peaceful atmosphere, offering a rare blend of natural privacy and neighborhood warmth.
The property is in a dated condition and requires a modern open-concept transformation, necessitating additional capital investment and construction time from the buyer.
The monthly association fee of $590 is a substantial recurring expense that may impact the overall affordability and monthly carrying costs for potential owners.
A hidden coastal sanctuary nestled in a quiet, secluded pocket of Newport Beach. Shaded by mature, towering trees and bordered by miles of scenic nature trails, this tight-knit community offers a peaceful, active lifestyle. While it feels entirely removed from the city bustle, you remain just minutes from premier shopping, dining, and the beach—delivering the ultimate blend of natural privacy, neighborhood warmth, and Newport Beach's best value. This home has solid bones and a classic floor plan, offering a spacious layout, ready for a modern open-concept transformation. This is the ultimate opportunity to build sweat equity and create your own vision in a location where homes rarely become available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,157 | 1,281.5 | 38% |
| Lot Size | 165,033 | 10,726 | 78% |
| Price | $830.0K | $1.41M | 20% |
| Price per sq ft | $717 | $939 | 3% |
| Built year | 1977 | 1975 | 50% |
| HOA | $590.0 | $589 | 50% |
| Days on market | 22 | 139 | 5% |
May 15, 2026
$830,000
Initial Listing