Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach’s most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.
Sold for $2,725,000
Zillow last checked:
Listing updated:
Bought with:
Pablo Rener, DRE #01293397
First Team Real Estate
Mike Williams, DRE #02114249
First Team Real Estate
Source: CRMLS,MLS#: PW25174094
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | $2,725,000+13.5%$2,351/sqft |
Source:  CRMLS #PW25174094 Report a problem | ||
| 10/9/2025 | Pending sale | $2,400,000$2,071/sqft |
Source: CRMLS #PW25174094 Report a problem | ||
| 8/11/2025 | Contingent | $2,400,000$2,071/sqft |
Source: CRMLS #PW25174094 Report a problem | ||
| 8/2/2025 | Listed for sale | $2,400,000$2,071/sqft |
Source: CRMLS #PW25174094 Report a problem | ||
Nearby homes
- $4,913,4004 bd4 ba3.9k sqft2501 Margaret Dr, Newport Beach, CA 92663Off Market
- $6,073,8004 bd4 ba5.6k sqft2421 Margaret Dr, Newport Beach, CA 92663Off Market
- $3,525,4004 bd3 ba2.2k sqft2507 Margaret Dr, Newport Beach, CA 92663Off Market
- $2,709,9005 bd2 ba2.3k sqft2415 Margaret Dr, Newport Beach, CA 92663Off Market
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,897,000
