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Off market
  • $4,913,400

    2501 Margaret Dr, Newport Beach, CA 92663

    4beds
    3,950sqft
    Single Family Residence
    Built in 1954
    8,973 Square Feet Lot
    $4,913,400 Zestimate®
    $1,244/sqft
    $13,695 Estimated rent

    Home value

    $4,913,400

    $4.18M - $5.85M

    $13,695/mo

    Zestimate® history
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    What's special

    Timeless Design Meets Modern Coastal Elegance This exquisite custom-built residence showcases four bedrooms and three-and-a-half bathrooms, plus a flexible interior suite ideal as a guest retreat, private gym, or executive office. With the option to create a fifth bedroom, the home offers approximately 3,950 square feet of refined living space, thoughtfully updated during a 2010 renovation. Blending timeless Mediterranean architecture with modern coastal sophistication, the home is gracefully centered around a private interior courtyardinviting natural light and creating a seamless sense of privacy and connection between living spaces. Inside, you'll find soaring 10-foot ceilings, rich hickory and travertine flooring, and custom millwork throughout. The main level hosts a spacious primary suite complete with a fireplace, a spa-inspired bath, and French doors that open directly to the secluded backyard pool and spaperfect for quiet relaxation or effortless entertaining. A versatile front wing with a private entrance and full bath offers endless possibilities as a guest suite, while an additional interior room with an ensuite bath provides the flexibility for a fifth bedroom, gym, or office. Upstairs, two generous bedrooms and a loft-style retreat offer inviting spaces for study, play, or unwinding. At the heart of the home, the chef's kitchen impresses with a Bluestar eight-burner range, Sub-Zero refrigerator, Thermador dishwasher, and Monogram refrigerator drawers. A butler's pantry with granite island, secondary freezer, and abundant storage ensures hosting is both elegant and effortless. Additional highlights include a spacious laundry room with extensive cabinetry and a fully finished garage featuring built-in shelving and organization. Perfectly positioned near three top-rated Newport Beach schoolsincluding Ensign Intermediate and Newport Harbor Highthis exceptional property also offers easy access to Upper Newport Bay Nature Preserve, Fashion Island, Balboa Island, and the 17th Street district. With its refined design, resort-style amenities, and unmistakable coastal charm, this stunning villa captures the very best of luxury living in Newport Beach.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Laundry Room, Office, Pantry, Walk In Closet
    Heating
    • Forced Air, Fireplace
    Cooling
    • Central Air, Ceiling Fan
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Oven, Trash Compactor, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Large Closets, Storage, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,950 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: , Courtyard, Heating system: Forced Air, MotherInLawUnit
    • Has private pool: Yes
    • Spa features: Jetted Bathtub
    Lot
    • Size: 8,973 Square Feet
    Details
    • Parcel number: 42510110

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1954

    Community & HOA

    Community
    • Deposit fee: $20,000
    HOA
    • Amenities included: Pool
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,244/sqft
    • Tax assessed value: $1,208,224
    • Date on market: 10/8/2025
    • Lease term: Lease: 12 Month Lease Deposit: One Month Rent

    Price history

    DateEventPrice
    12/3/2025Listing removed$12,500$3/sqft
    Source: Zillow Rentals Report a problem
    10/9/2025Listed for rent$12,500-15.5%$3/sqft
    Source: Zillow Rentals Report a problem
    10/1/2025Listing removed$14,800$4/sqft
    Source: CRMLS #NP25135448 Report a problem
    9/5/2025Price change$14,800-11.9%$4/sqft
    Source: CRMLS #NP25135448 Report a problem
    8/13/2025Price change$16,800+0.6%$4/sqft
    Source: CRMLS #NP25135448 Report a problem
    7/29/2025Price change$16,700-0.6%$4/sqft
    Source: CRMLS #NP25135448 Report a problem
    7/8/2025Listed for rent$16,800$4/sqft
    Source: CRMLS #NP25135448 Report a problem
    10/21/1998Sold$380,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,208,224 +2%
    2025$12,862 +1.6%$1,184,534 +2%
    2024$12,656 +2.4%$1,161,308 +2%
    2023$12,360 +1.8%$1,138,538 +2%
    2022$12,136 +2%$1,116,214 +2%
    2021$11,897 +1%$1,094,328 +1%
    2020$11,782 $1,083,108 +2%
    2019$11,782 +2.1%$1,061,871 +2%
    2018$11,543 +3.8%$1,041,050 +2%
    2017$11,116 $1,020,638 +2%
    2016$11,116 +2.3%$1,000,626 +1.5%
    2015$10,867 +3.4%$985,596 +2%
    2014$10,507 $966,290 +0.5%
    2013-- $961,923 +6.2%
    2012-- $906,003 +2%
    2011-- $888,239 +0.8%
    2010-- $881,601 -0.2%
    2009-- $883,696 +2%
    2008-- $866,369 +2%
    2007-- $849,382 +2%
    2006-- $832,728 +2%
    2005-- $816,400 +2%
    2004-- $800,393 +1.9%
    2003-- $785,724 +2%
    2002-- $770,318 +2%
    2001$7,709 +13.6%$755,214 +14.2%
    2000$6,787 $661,409
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,913,400
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    Estimated market value
    $4,913,400