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524 Tustin Ave, Newport Beach, CA 92663

List Price: $3,195,000On Market FlagOn market
Apr 21, 20251,206 sqft4 beds2 baths
Listed by: Tim Smith
License #: 01346878
Phone #: 949.478.2295
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: NP25087333

Property Description

Immerse yourself in the serenity and style of Newport Heights with this exceptional single-level home—a great investment opportunity in one of Newport Beach’s most sought-after neighborhoods. Set on a spacious approx. 6,375 sq. ft. lot, the property offers four bedrooms and two bathrooms. Step past a quintessential front porch into an open-concept floor plan filled with natural light, recessed lighting, and pristine vinyl flooring. The modern kitchen features stainless steel appliances and an eat-in island, beautifully lit by overhead skylights. French doors open to a large backyard, offering the perfect canvas for creating your dream outdoor oasis for dining and entertaining al fresco. A detached two-car garage rounds out the home’s amenities. Ideally located near top-tier schools, lush parks, upscale dining, and world-famous beaches, this home blends lifestyle, location, and long-term 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

$41,061

TurboHome Estimated Value

$2,966,200

$2,460 sqft

High Valuation
$3,114,510
$2583/sqft
Normal Valuation
$2,966,200
$2460/sqft
Low Valuation
$2,817,890
$2337/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2460/sqft$2,966,200

Neighborhood: Santa Ana Heights Residential (SAHR)

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Comparative Value

$2.05M

$2.23M

$3.10M

$3.19M

$3.44M

$3.50M

490 E 16th St, Costa Mesa, CA 92627

Sale Price: $2,050,000

Selected Comparable

426 Cambridge Cir, Costa Mesa, CA 92627

Sale Price: $2,230,000

Selected Comparable

440 Aliso Ave, Newport Beach, CA 92663

Sale Price: $3,100,000

Selected Comparable

524 Tustin Ave, Newport Beach, CA 92663

List Price: $3,195,000

Subject Property

418 Pirate Rd, Newport Beach, CA 92663

Sale Price: $3,441,600

Selected Comparable

700 Saint James Rd, Newport Beach, CA 92663

Sale Price: $3,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
524 Tustin Ave, Newport Beach, CA 92663

524 Tustin Ave, Newport Beach, CA 92663

List: $3,195,000

Listed: 4/21/2025

Area:1,206 sqft
Price/sqft:$2,649
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

3/31/20250.38 mi

Area:1,532 sqft
Price/sqft:$1,338
Beds:4
Baths:2
Year Built:
Weight:23.4%
700 Saint James Rd, Newport Beach, CA 92663

700 Saint James Rd, Newport Beach, CA 92663

Sale: $3,500,000

3/11/20250.57 mi

Area:1,282 sqft
Price/sqft:$2,730
Beds:3
Baths:2
Year Built:
Weight:21.9%
426 Cambridge Cir, Costa Mesa, CA 92627

426 Cambridge Cir, Costa Mesa, CA 92627

Sale: $2,230,000

8/1/20250.49 mi

Area:1,596 sqft
Price/sqft:$1,397
Beds:3
Baths:2
Year Built:
Weight:19.1%
440 Aliso Ave, Newport Beach, CA 92663

440 Aliso Ave, Newport Beach, CA 92663

Sale: $3,100,000

8/29/20240.15 mi

Area:1,670 sqft
Price/sqft:$1,856
Beds:4
Baths:3
Year Built:
Weight:18.0%
418 Pirate Rd, Newport Beach, CA 92663

418 Pirate Rd, Newport Beach, CA 92663

Sale: $3,441,600

8/23/20240.45 mi

Area:1,146 sqft
Price/sqft:$3,003
Beds:3
Baths:1
Year Built:
Weight:17.7%

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