The ONLY single-family residence below $2,000,000 on the entire Peninsula, Lido and Balboa. Exceptional opportunity in the highly sought-after Newport Shores community of Newport Beach. This single-level fixer offers endless potential for a buyer with vision to renovate, reimagine, or build within one of the most desirable beach-close neighborhoods in coastal Orange County. Set within an incredible community known for its relaxed coastal lifestyle, residents enjoy access to Newport Shores amenities including pool, tennis, pickleball, volleyball, basketball, clubhouse, and close proximity to the beach, harbor, dining, and the Newport Peninsula lifestyle. The home itself requires work and is being sold as-is, presenting a rare chance to create a customized coastal retreat in a premier location. Whether you are an investor, builder, or end-user looking to design your dream beach home, opportunities like this in Newport Shores are increasingly rare.
Sold for $1,800,000
Listed by: Times Real Estate CA • Regan Beegle • Contact: 949-836-5480
Bought with: Compass
$1,800,000
468 Prospect St, Newport Beach, CA 92663
3beds
1,167sqft
Single Family Residence
Built in 1964
2,720 Square Feet Lot
$1,950,300 Zestimate®
$1,542/sqft
$6,660 Estimated rent
Home value
$1,950,300
$1.85M - $2.05M
$6,660/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Regan Beegle DRE #01736778 949-836-5480,
Times Real Estate CA,
George Hanold DRE #01446306,
Times Real Estate CA
Bought with:
Tori Rimlinger, DRE #01512376
Compass
Source: CRMLS,MLS#: NP26097156
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Tub Shower
Heating
- Central
Cooling
- None
Appliances
- Included: Electric Oven, Gas Range, Microwave, Refrigerator
- Laundry: In Garage
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,167 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Garage, Garage Faces Rear
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: Association
- Has view: Yes
- View description: None
Lot
- Size: 2,720 Square Feet
- Features: Flag Lot
Details
- Parcel number: 04506615
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Subdivision: Newport Shores (News)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)
- HOA fee: $70 monthly
- HOA name: Newport Shores Community Association
- HOA phone: 949-378-6200
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,542/sqft
- Tax assessed value: $323,586
- Annual tax amount: $3,796
- Date on market: 5/13/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $1,800,000-5.3%$1,542/sqft |
Source:  CRMLS #NP26097156 Report a problem | ||
| 5/19/2026 | Contingent | $1,900,000$1,628/sqft |
Source: CRMLS #NP26097156 Report a problem | ||
| 5/13/2026 | Listed for sale | $1,900,000$1,628/sqft |
Source: CRMLS #NP26097156 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,796 +1.8% | $323,586 +2% |
| 2024 | $3,730 +2.5% | $317,242 +2% |
| 2023 | $3,641 +1.8% | $311,022 +2% |
| 2022 | $3,576 +1.9% | $304,924 +2% |
| 2021 | $3,510 +1% | $298,946 +1% |
| 2020 | $3,475 | $295,881 +2% |
| 2019 | $3,475 +1.9% | $290,080 +2% |
| 2018 | $3,410 -13% | $284,393 +2% |
| 2017 | $3,920 | $278,817 +2% |
| 2016 | $3,920 +2.1% | $273,350 +1.5% |
| 2015 | $3,840 +2.6% | $269,245 +2% |
| 2014 | $3,741 | $263,971 +0.5% |
| 2013 | -- | $262,778 +2% |
| 2012 | -- | $257,626 +2% |
| 2011 | -- | $252,575 +0.8% |
| 2010 | -- | $250,688 -0.2% |
| 2009 | -- | $251,285 +2% |
| 2008 | -- | $246,358 +2% |
| 2007 | -- | $241,528 +2% |
| 2006 | -- | $236,793 +2% |
| 2005 | -- | $232,150 +2% |
| 2004 | -- | $227,599 +1.9% |
| 2003 | -- | $223,428 +2% |
| 2002 | -- | $219,048 +2% |
| 2001 | $2,272 +2.6% | $214,753 +2% |
| 2000 | $2,215 | $210,543 |
Find assessor info on the county website
Neighborhood: 92663
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- $2,300,0003 bd2 ba1.5k sqft480 Prospect St, Newport Beach, CA 92663Sold
Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 2.4 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Newport
- Middle: Horace Ensign
- High: Newport Harbor
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,950,300
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
$1,950,300
- California
- Orange County
- Newport Beach
- 92663
- 468 Prospect St
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