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425 Tustin Ave, Newport Beach, CA 92663

List Price: $5,550,000On Market FlagOn market
Jun 11, 20252,898 sqft5 beds4 baths
Listed by: Carter Kaufman
License #: 01968622
Phone #: 949-294-6411
Compass
Source:
CRMLS Logo
MLS #: OC25121766

Property Description

Ideally located within walking distance to both Cliff Drive Park and John Wayne Park, this 2024-remodeled home offers a well-balanced mix of thoughtful design and modern upgrades. Set on a 6,373-square-foot lot and spanning approximately 2,898 square feet, the property includes five bedrooms and four bathrooms, including a separate casita in the backyard. The symmetrical facade opens to interiors filled with natural light and nearly $1,000,000 in recent improvements including warm wood floors, new lighting, doors and windows, completely remodeled bathrooms, all-new drywall, new exterior stucco, and new HVAC. The chef’s kitchen features a large center island and high-end appliances, connecting directly to open-concept living areas and outdoor entertaining spaces. The backyard includes a fire pit lounge, spa, and terraced deck beneath mature palms, framed by landscaped greenery that adds both privacy and atmosphere. Above the detached garage, a well-finished ADU provides flexible space for guests, remote work, or long-term stays. Additional highlights include parking for up to five cars, a layout that supports both daily living and entertaining, and a location in one of Newport Beach’s most desirable neighborhoods. Just a short walk or bike ride from top beaches, restaurants, and everything Newport has to offer, the home also sits within an award-winning school district, offering timeless design, convenience, and lasting value.
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

$82,239

TurboHome Estimated Value

$5,516,300

$1,903 sqft

High Valuation
$5,792,115
$1999/sqft
Normal Valuation
$5,516,300
$1903/sqft
Low Valuation
$5,240,485
$1808/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1903/sqft$5,516,300

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$4.50M

$4.90M

$5.08M

$5.55M

$6.59M

$7.63M

141 Via Havre, Newport Beach, CA 92663

Sale Price: $4,500,000

Selected Comparable

400 Catalina Dr, Newport Beach, CA 92663

Sale Price: $4,900,000

Selected Comparable

419 Signal Rd, Newport Beach, CA 92663

Sale Price: $5,075,000

Selected Comparable

425 Tustin Ave, Newport Beach, CA 92663

List Price: $5,550,000

Subject Property

1701 Kings Rd, Newport Beach, CA 92663

Sale Price: $6,595,000

Selected Comparable

310 Via Lido Nord, Newport Beach, CA 92663

Sale Price: $7,625,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
425 Tustin Ave, Newport Beach, CA 92663

425 Tustin Ave, Newport Beach, CA 92663

List: $5,550,000

Listed: 6/11/2025

Area:2,898 sqft
Price/sqft:$1,915
Beds:5
Baths:4
Year Built:
Lot Size:6,373

Comparable Properties

COMPARABLE
Choose comps
1701 Kings Rd, Newport Beach, CA 92663

1701 Kings Rd, Newport Beach, CA 92663

Sale: $6,595,000

6/18/20250.41 mi

Area:3,543 sqft
Price/sqft:$1,861
Beds:5
Baths:4
Year Built:
Weight:21.7%
400 Catalina Dr, Newport Beach, CA 92663

400 Catalina Dr, Newport Beach, CA 92663

Sale: $4,900,000

7/31/20250.29 mi

Area:3,260 sqft
Price/sqft:$1,503
Beds:5
Baths:5
Year Built:
Weight:21.3%
141 Via Havre, Newport Beach, CA 92663

141 Via Havre, Newport Beach, CA 92663

Sale: $4,500,000

6/17/20250.69 mi

Area:3,712 sqft
Price/sqft:$1,212
Beds:5
Baths:4
Year Built:
Weight:20.2%
419 Signal Rd, Newport Beach, CA 92663

419 Signal Rd, Newport Beach, CA 92663

Sale: $5,075,000

11/26/20240.56 mi

Area:3,112 sqft
Price/sqft:$1,631
Beds:5
Baths:3
Year Built:
Weight:19.2%
310 Via Lido Nord, Newport Beach, CA 92663

310 Via Lido Nord, Newport Beach, CA 92663

Sale: $7,625,000

6/23/20250.52 mi

Area:3,000 sqft
Price/sqft:$2,542
Beds:4
Baths:5
Year Built:
Weight:17.6%

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