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Sold for $3,530,000
  • Listed by: Compass • Megan Varga • Contact: 949-438-4340
    Bought with: Radius Agent
    $3,530,000

    542 Tustin Ave, Newport Beach, CA 92663

    3beds
    2,086sqft
    Single Family Residence
    Built in 1952
    6,375 Square Feet Lot
    $3,586,700 Zestimate®
    $1,692/sqft
    $6,544 Estimated rent

    Home value

    $3,586,700

    $3.30M - $3.91M

    $6,544/mo

    Zestimate® history
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    What's special

    Cozy fireplaceBeautiful landscapingInfrared saunaHome officeLight-filled primary suiteBrass fixturesOutdoor shower
    Stunningly upgraded California modern residence which has been renovated and expanded to offer modern luxury and the ultimate in indoor-outdoor living. Located in sought-after Newport Heights, this property unlocks an unparalleled beach close lifestyle just a few blocks from hip 17th Street shops and restaurants and top-rated schools. Renovated to the studs, the main house features new electrical, metal roof, plumbing, windows, kitchen and bar, wide-plank wood flooring, custom closets, lighting, and Arcadia disappearing doors. The garage and ADU were similarly outfitted with all new mechanicals, roof, and polished concrete floors. Just inside, the great room layout blends the kitchen, living, and dining areas into a seamless, open-concept entertaining space. The living area features a cozy fireplace, and built-in seating creates a casual eat-in dining area. The chef's kitchen is a modern masterpiece, showcasing a quartz waterfall edge island, white Shaker cabinets, brass fixtures, and top-of-the-line JennAir appliances. Beyond a marble entertainers bar complete with designer wall-coverings, the formal dining and family room features exposed-beam cathedral ceilings and huge Arcadia sliding doors that vanish the boundary between indoor and outdoor living. Indulge in the tranquil and private yard with a luxurious cedar jacuzzi and deck, cement bench and fire pit gathering space, outdoor shower, infrared sauna, upgraded exterior lighting, and beautiful landscaping and low-maintenance turf lawn. Sliding pocket doors reveal the versatile ADU space, complete with exposed beam soaring ceilings, gorgeous bar with beverage fridge, concrete floor, and a full bath with rainfall shower. At the end of the day, retreat to your light-filled primary suite, secondary bedroom, and a third bedroom with a wall of storage that easily doubles as a home office. All within close proximity to the beach, Back Bay, Lido Village, PCH, and 17th St shops and restaurants. Embrace the local lifestyle with bike rides to Lido Marina Village, strolling to 17th St for a bite, or taking your pup to Cliff Park for sunset views of the harbor. With its thoughtful design, high-end finishes, and prime location, this property invites you to live the quintessential Newport Heights lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Varga DRE #01274948 949-244-0882,

    Compass

    Bought with:

    Todd Bousman, DRE #01505371

    Radius Agent

    Source: CRMLS,MLS#: NP24186832MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Living Room, Sauna
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Bedroom on Main Level
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,086 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Front Porch
    • Pool features: None
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,375 Square Feet
    • Features: Yard
    Details
    • Parcel number: 04904127
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    • Subdivision: Newport Heights (Newh)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,692/sqft
    • Tax assessed value: $1,599,581
    • Annual tax amount: $17,435
    • Date on market: 9/12/2024
    • Cumulative days on market: 130 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    2/28/2025Sold$3,530,000-1.9%$1,692/sqft
    Source: CRMLS #NP24186832 Report a problem
    2/10/2025Pending sale$3,599,000$1,725/sqft
    Source: CRMLS #NP24186832 Report a problem
    2/3/2025Contingent$3,599,000$1,725/sqft
    Source: CRMLS #NP24186832 Report a problem
    1/8/2025Listed for sale$3,599,000+187.9%$1,725/sqft
    Source: CRMLS #NP24186832 Report a problem
    7/21/2014Sold$1,250,000-7.1%$599/sqft
    Source: Public Record Report a problem
    2/8/2014Listing removed$1,345,000$645/sqft
    Source: Villa Real Estate #NP13225660 Report a problem
    12/28/2013Price change$1,345,000-3.9%$645/sqft
    Source: Villa Real Estate #NP13225660 Report a problem
    10/15/2013Listed for sale$1,399,000+30.1%$671/sqft
    Source: HOM REAL ESTATE GROUP, INC #NP13209702 Report a problem
    7/19/2013Sold$1,075,000+2.4%$515/sqft
    Source: Public Record Report a problem
    7/9/2013Listed for sale$1,050,000+425%$503/sqft
    Source: Listhub #OC13131850 Report a problem
    2/8/2013Listing removed--
    Source: Auction.com Report a problem
    1/24/2013Price change$200,000-74.3%$96/sqft
    Source: Auction.com Report a problem
    1/23/2013Listed for sale--
    Source: Auction.com Report a problem
    11/9/2012Sold$778,500+73%$373/sqft
    Source: Public Record Report a problem
    7/31/2012Listing removed$450,000$216/sqft
    Source: Mac 1 Funding #P830082 Report a problem
    7/29/2012Listed for sale$450,000-43.7%$216/sqft
    Source: Mac 1 Funding #P830082 Report a problem
    6/21/2012Sold$799,265+27.8%$383/sqft
    Source: Public Record Report a problem
    6/14/2011Sold$625,500-19.3%$300/sqft
    Source: Public Record Report a problem
    7/31/2003Sold$775,000+33.6%$372/sqft
    Source: Public Record Report a problem
    7/26/2001Sold$580,000$278/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,435 +3.2%$1,599,581 +2%
    2024$16,894 +2.4%$1,568,217 +2%
    2023$16,497 +1.7%$1,537,468 +2%
    2022$16,222 +1.9%$1,507,322 +2%
    2021$15,912 +1%$1,477,767 +1%
    2020$15,759 $1,462,615 +8.6%
    2019$15,759 +8.5%$1,346,737 +2%
    2018$14,519 +3.9%$1,320,331 +2%
    2017$13,980 $1,294,443 +2%
    2016$13,980 +2.3%$1,269,062 +1.5%
    2015$13,667 +17.4%$1,250,000 +16.3%
    2014$11,636 $1,075,000 +26.9%
    2013-- $846,972
    2012-- $846,972
    2011-- $846,972
    2010-- $846,972 -0.2%
    2009-- $848,985 +2%
    2008-- $832,339 +2%
    2007-- $816,019 +2%
    2006-- $800,019 +1.2%
    2005-- $790,500 +2%
    2004-- $775,000 +31%
    2003-- $591,600 +2%
    2002-- $580,000 +888.7%
    2001$618 +2.8%$58,665 +2%
    2000$601 $57,515
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,586,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,586,700