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421 Tustin Ave, Newport Beach, CA 92663

List Price: $3,000,000On Market FlagOn market
Jul 18, 20251,343 sqft4 beds2 baths
Listed by: Luke Hagenbach
License #: 01309807
Phone #: 949-891-2343
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: OC25161782

Property Description

An exceptional opportunity on the highly coveted 400 block of Tustin Avenue in Newport Heights. This prime 6,375 sqft lot hosts a property poised for transformation, offering a discerning buyer the chance to craft their dream remodel or construct a bespoke residence. Enjoy an unparalleled coastal lifestyle with best-in-class restaurants, charming local boutiques, top-rated schools, vibrant neighborhood parks, and iconic beaches all within a short walk or bike ride. A rare chance to secure your place in one of coastal Orange County's most desirable communities. There are drafted plans for an ADU with garage that could be transferred to the new owner. Inquire for more details.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$42,900

TurboHome Estimated Value

$2,930,000

$2,182 sqft

High Valuation
$3,076,500
$2291/sqft
Normal Valuation
$2,930,000
$2182/sqft
Low Valuation
$2,783,500
$2073/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2182/sqft$2,930,000

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$1.90M

$2.05M

$2.75M

$3.00M

$3.06M

$3.10M

488 Ogle St, Costa Mesa, CA 92627

Sale Price: $1,900,000

Selected Comparable

490 E 16th St, Costa Mesa, CA 92627

Sale Price: $2,050,000

Selected Comparable

535 El Modena Ave, Newport Beach, CA 92663

Sale Price: $2,750,000

Selected Comparable

421 Tustin Ave, Newport Beach, CA 92663

List Price: $3,000,000

Subject Property

2908 Broad St, Newport Beach, CA 92663

Sale Price: $3,065,000

Selected Comparable

440 Aliso Ave, Newport Beach, CA 92663

Sale Price: $3,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
421 Tustin Ave, Newport Beach, CA 92663

421 Tustin Ave, Newport Beach, CA 92663

List: $3,000,000

Listed: 7/18/2025

Area:1,343 sqft
Price/sqft:$2,234
Beds:4
Baths:2
Year Built:
Lot Size:6,375

Comparable Properties

COMPARABLE
Choose comps
490 E 16th St, Costa Mesa, CA 92627

490 E 16th St, Costa Mesa, CA 92627

Sale: $2,050,000

3/31/20250.54 mi

Area:1,532 sqft
Price/sqft:$1,338
Beds:4
Baths:2
Year Built:
Weight:24.9%
2908 Broad St, Newport Beach, CA 92663

2908 Broad St, Newport Beach, CA 92663

Sale: $3,065,000

8/26/20240.20 mi

Area:1,901 sqft
Price/sqft:$1,612
Beds:4
Baths:2
Year Built:
Weight:20.6%
440 Aliso Ave, Newport Beach, CA 92663

440 Aliso Ave, Newport Beach, CA 92663

Sale: $3,100,000

8/29/20240.18 mi

Area:1,670 sqft
Price/sqft:$1,856
Beds:4
Baths:3
Year Built:
Weight:19.2%
535 El Modena Ave, Newport Beach, CA 92663

535 El Modena Ave, Newport Beach, CA 92663

Sale: $2,750,000

10/14/20240.19 mi

Area:1,668 sqft
Price/sqft:$1,649
Beds:3
Baths:2
Year Built:
Weight:18.0%
488 Ogle St, Costa Mesa, CA 92627

488 Ogle St, Costa Mesa, CA 92627

Sale: $1,900,000

9/10/20240.65 mi

Area:1,597 sqft
Price/sqft:$1,190
Beds:3
Baths:2
Year Built:
Weight:17.4%

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