242 Prospect St, Newport Beach, CA 92663 - View 1
242 Prospect St, Newport Beach, CA 92663 - View 2
242 Prospect St, Newport Beach, CA 92663 - View 3
242 Prospect St, Newport Beach, CA 92663 - View 4
242 Prospect St, Newport Beach, CA 92663 - View 5
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242 Prospect St, Newport Beach, CA 92663 - View 7
242 Prospect St, Newport Beach, CA 92663 - View 8

242 Prospect St, Newport Beach, CA 92663

List Price: $5,800On Market FlagOn market
Jul 1, 20251,001 sqft3 beds2 baths
Listed by: Darcy Gassel
License #: 02251039
Phone #: 888-584-9427
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: OC25146388

Property Description

The perfect home for beach lovers and surf enthusiasts. This beautifully remodeled home offers the perfect blend of comfort and coastal living. With 3 spacious bedrooms and 2 bathrooms, this home provides meticulously designed living spaces. The open floor plan seamlessly connects the living room, dining area, and kitchen. Tasteful tile floors are easy to maintain. The whole house is bright and airy, with lots of light. All-new plumbing, electrical, kitchen, bathrooms, and a beautiful enclosed patio. Enjoy beach living as well as the Newport Shores Community Association amenities, including a pool, pickleball, tennis, basketball, volleyball, playground, and BBQ area. This prime location is also a short walk or bike ride from dining, shopping, entertainment, and award-winning public schools. Note: $5800k per month is for a 12 month lease. Unfurnished. Two parking spots (one garage spot and one covered carport). Laundry available in the garage. Rentspree: https://apply.link/atOtp0I
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$57,309

TurboHome Estimated Value

$1,913,200

$1,911 sqft

High Valuation
$2,008,860
$2007/sqft
Normal Valuation
$1,913,200
$1911/sqft
Low Valuation
$1,817,540
$1816/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1911/sqft$1,913,200

Neighborhood: Newport Shores (NEWS)

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Comparative Value

$6K

$1.24M

$2.05M

$2.56M

242 Prospect St, Newport Beach, CA 92663

List Price: $5,800

Subject Property

910 W 19th St, Costa Mesa, CA 92627

Sale Price: $1,240,000

Selected Comparable

428 Colton St, Newport Beach, CA 92663

Sale Price: $2,050,000

Selected Comparable

404 Clubhouse Ave, Newport Beach, CA 92663

Sale Price: $2,110,000

Selected Comparable

239 61st St, Newport Beach, CA 92663

Sale Price: $2,150,000

Selected Comparable

231 61st St, Newport Beach, CA 92663

Sale Price: $2,565,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
242 Prospect St, Newport Beach, CA 92663

242 Prospect St, Newport Beach, CA 92663

List: $5,800

Listed: 7/1/2025

Area:1,001 sqft
Price/sqft:$6
Beds:3
Baths:2
Year Built:
Lot Size:2,480

Comparable Properties

COMPARABLE
Choose comps
428 Colton St, Newport Beach, CA 92663

428 Colton St, Newport Beach, CA 92663

Sale: $2,050,000

5/2/20250.22 mi

Area:1,059 sqft
Price/sqft:$1,936
Beds:3
Baths:2
Year Built:
Weight:22.6%
239 61st St, Newport Beach, CA 92663

239 61st St, Newport Beach, CA 92663

Sale: $2,150,000

5/23/20250.06 mi

Area:1,238 sqft
Price/sqft:$1,737
Beds:3
Baths:2
Year Built:
Weight:20.1%
231 61st St, Newport Beach, CA 92663

231 61st St, Newport Beach, CA 92663

Sale: $2,565,000

6/24/20250.06 mi

Area:1,325 sqft
Price/sqft:$1,936
Beds:3
Baths:2
Year Built:
Weight:19.3%
404 Clubhouse Ave, Newport Beach, CA 92663

404 Clubhouse Ave, Newport Beach, CA 92663

Sale: $2,110,000

3/7/20251.25 mi

Area:887 sqft
Price/sqft:$2,379
Beds:3
Baths:2
Year Built:
Weight:19.0%
910 W 19th St, Costa Mesa, CA 92627

910 W 19th St, Costa Mesa, CA 92627

Sale: $1,240,000

1/2/20251.28 mi

Area:1,102 sqft
Price/sqft:$1,125
Beds:3
Baths:2
Year Built:
Weight:18.9%

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