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514 Westminster Ave, Newport Beach, CA 92663

Sale Price: $3,950,000
Feb 21, 20245,152 sqft4 beds6 baths
Listed by: Nicolai Glazer
License #: 01857997
Phone #: 949-554-1200
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP24032846

Property Description

Discover 514 Westminster, inspired by the spirit of the Mediterranean, this gorgeous Newport Heights home spans approximately 5,152 sq ft and is accentuated by its tasteful and thoughtful details throughout. Upon entry you are greeted by a dramatic foyer and custom wood spiral staircase adorned wrought iron detail and open floor plan that flows beautifully between indoor outdoor living. The formal dining room with wainscoting and a coffered ceiling is perfect for entertaining and opens up to the main level center courtyard that hosts an imported Italian pizza oven, built-in BBQ and outdoor sitting area. The opulent kitchen is well-appointed with a center island, granite countertops, and ample cabinetry for all your cooking and storage needs. Not to be overlooked the captivating architectural lines, impressive scale of the rooms, stunning hardwoods, Travertine marble with inlays, natural stones, custom lighting, surround sound, high ceilings combined to create a distinctive home that epitomizes the sophisticated luxury lifestyle.  A 3-car finished garage with additional parking for several cars completes this exemplary home. Enjoy close proximity to beaches, shopping and dining, & award-winning schools. Welcome to your new home at 514 Westminster, settle in, relax, and create lasting memories.
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

$61,776

TurboHome Estimated Value

$4,034,200

$783 sqft

High Valuation
$4,235,910
$822/sqft
Normal Valuation
$4,034,200
$783/sqft
Low Valuation
$3,832,490
$744/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$783/sqft$4,034,200

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$3.95M

$5.30M

$5.50M

514 Westminster Ave, Newport Beach, CA 92663

List Price: $3,950,000

Subject Property

514 Westminster Ave, Newport Beach, CA 92663

Sale Price: $3,950,000

Selected Comparable

1603 Cliff Dr, Newport Beach, CA 92663

Sale Price: $4,000,000

Selected Comparable

416 Holmwood Dr, Newport Beach, CA 92663

Sale Price: $5,300,000

Selected Comparable

482 Costa Mesa St, Costa Mesa, CA 92627

Sale Price: $5,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
514 Westminster Ave, Newport Beach, CA 92663

514 Westminster Ave, Newport Beach, CA 92663

List: $3,950,000

Listed: 2/21/2024

Area:5,152 sqft
Price/sqft:$767
Beds:4
Baths:6
Year Built:
Lot Size:6,375

Comparable Properties

COMPARABLE
Choose comps
514 Westminster Ave, Newport Beach, CA 92663

514 Westminster Ave, Newport Beach, CA 92663

Sale: $3,950,000

8/28/20240.00 mi

Area:5,152 sqft
Price/sqft:$767
Beds:4
Baths:6
Year Built:
Weight:32.1%
1603 Cliff Dr, Newport Beach, CA 92663

1603 Cliff Dr, Newport Beach, CA 92663

Sale: $4,000,000

1/14/20250.78 mi

Area:4,313 sqft
Price/sqft:$927
Beds:4
Baths:5
Year Built:
Weight:23.5%
416 Holmwood Dr, Newport Beach, CA 92663

416 Holmwood Dr, Newport Beach, CA 92663

Sale: $5,300,000

12/2/20240.19 mi

Area:6,143 sqft
Price/sqft:$863
Beds:5
Baths:6
Year Built:
Weight:22.5%
482 Costa Mesa St, Costa Mesa, CA 92627

482 Costa Mesa St, Costa Mesa, CA 92627

Sale: $5,500,000

7/27/20251.30 mi

Area:4,813 sqft
Price/sqft:$1,143
Beds:5
Baths:5
Year Built:
Weight:21.9%

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