542 Tustin Ave, Newport Beach, CA 92663 - View 1
542 Tustin Ave, Newport Beach, CA 92663 - View 2
542 Tustin Ave, Newport Beach, CA 92663 - View 3

542 Tustin Ave, Newport Beach, CA 92663

Sale Price: $3,530,000
Sep 12, 20242,086 sqft3 beds3 baths
Listed by: Megan Varga
License #: 01274948
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP24186832

Property Description

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.
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

$59,025

TurboHome Estimated Value

$3,767,000

$1,806 sqft

High Valuation
$3,955,350
$1896/sqft
Normal Valuation
$3,767,000
$1806/sqft
Low Valuation
$3,578,650
$1716/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1806/sqft$3,767,000

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$2.33M

$2.92M

$3.20M

$3.53M

$3.85M

404 E 16th St, Costa Mesa, CA 92627

Sale Price: $2,325,000

Selected Comparable

419 Fullerton Ave, Newport Beach, CA 92663

Sale Price: $2,918,964

Selected Comparable

411 Tustin Ave, Newport Beach, CA 92663

Sale Price: $3,200,000

Selected Comparable

542 Tustin Ave, Newport Beach, CA 92663

Sale Price: $3,530,000

Selected Comparable

542 Tustin Ave, Newport Beach, CA 92663

List Price: $3,599,000

Subject Property

2307 Holly Ln, Newport Beach, CA 92663

Sale Price: $3,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
542 Tustin Ave, Newport Beach, CA 92663

542 Tustin Ave, Newport Beach, CA 92663

List: $3,599,000

Listed: 9/12/2024

Area:2,086 sqft
Price/sqft:$1,725
Beds:3
Baths:3
Year Built:
Lot Size:6,375

Comparable Properties

COMPARABLE
Choose comps
542 Tustin Ave, Newport Beach, CA 92663

542 Tustin Ave, Newport Beach, CA 92663

Sale: $3,530,000

2/28/20250.00 mi

Area:2,086 sqft
Price/sqft:$1,692
Beds:3
Baths:3
Year Built:
Weight:23.0%
2307 Holly Ln, Newport Beach, CA 92663

2307 Holly Ln, Newport Beach, CA 92663

Sale: $3,850,000

3/20/20250.21 mi

Area:1,909 sqft
Price/sqft:$2,017
Beds:3
Baths:3
Year Built:
Weight:21.4%
404 E 16th St, Costa Mesa, CA 92627

404 E 16th St, Costa Mesa, CA 92627

Sale: $2,325,000

6/10/20250.28 mi

Area:1,627 sqft
Price/sqft:$1,429
Beds:3
Baths:3
Year Built:
Weight:19.9%
411 Tustin Ave, Newport Beach, CA 92663

411 Tustin Ave, Newport Beach, CA 92663

Sale: $3,200,000

6/4/20250.22 mi

Area:2,246 sqft
Price/sqft:$1,425
Beds:2
Baths:3
Year Built:
Weight:18.6%
419 Fullerton Ave, Newport Beach, CA 92663

419 Fullerton Ave, Newport Beach, CA 92663

Sale: $2,918,964

10/22/20240.24 mi

Area:2,164 sqft
Price/sqft:$1,349
Beds:4
Baths:3
Year Built:
Weight:17.2%

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