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511 Santa Ana Ave, Newport Beach, CA 92663

List Price: $2,495,000On Market FlagOn market
Aug 7, 20251,562 sqft3 beds3 baths
Listed by: Jon Flagg
License #: 01316048
Phone #: 949-533-7878
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP25174999

Property Description

First time on the market in decades, this original 3-bedroom, 2-bath home is situated on a 5,875-square-foot lot in one of the most sought-after neighborhoods in Newport Beach. Currently offering approximately 1,562 square feet of living space, the residence is a prime candidate for redevelopment. Located in the heart of Newport Heights, 511 Santa Ana presents a rare chance to create your dream home in a vibrant coastal setting. Just minutes to the beach and less than a mile from the popular 17th Street corridor in Eastside Costa Mesa, you’ll enjoy easy access to award-winning dining, local coffee shops, fitness studios, boutiques, and essential services. The location also offers close proximity to Pacific Coast Highway, Newport Harbor, top-rated schools, and nearby parks. The property is surrounded by recently built and beautifully remodeled homes, underscoring its exceptional potential. Whether you envision restoring the existing structure or starting fresh with a brand-new coastal contemporary design, the possibilities are abundant. Newport Heights continues to attract discerning buyers seeking a beach-close lifestyle with walkability and community charm. This flat, buildable lot is perfectly positioned on a quiet, tree-lined street—making it ideal for those looking to invest in one of coastal Orange County’s most desirable enclaves. Property is being sold in as-is condition. Seller will not perform any repairs nor provide credits. Don’t miss this exceptional opportunity to secure a premium parcel in Newport Beach and bring your vision to life.
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

$43,251

TurboHome Estimated Value

$2,689,200

$1,722 sqft

High Valuation
$2,823,660
$1808/sqft
Normal Valuation
$2,689,200
$1722/sqft
Low Valuation
$2,554,740
$1636/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1722/sqft$2,689,200

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$2.00M

$2.35M

$2.50M

$2.75M

$3.53M

$3.60M

267 E 16th St, Costa Mesa, CA 92627

Sale Price: $1,999,900

Selected Comparable

278 Palmer St, Costa Mesa, CA 92627

Sale Price: $2,350,000

Selected Comparable

511 Santa Ana Ave, Newport Beach, CA 92663

List Price: $2,495,000

Subject Property

535 El Modena Ave, Newport Beach, CA 92663

Sale Price: $2,750,000

Selected Comparable

542 Tustin Ave, Newport Beach, CA 92663

Sale Price: $3,530,000

Selected Comparable

526 Westminster Ave, Newport Beach, CA 92663

Sale Price: $3,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
511 Santa Ana Ave, Newport Beach, CA 92663

511 Santa Ana Ave, Newport Beach, CA 92663

List: $2,495,000

Listed: 8/7/2025

Area:1,562 sqft
Price/sqft:$1,597
Beds:3
Baths:3
Year Built:
Lot Size:5,875

Comparable Properties

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

526 Westminster Ave, Newport Beach, CA 92663

Sale: $3,600,000

4/12/20250.09 mi

Area:1,757 sqft
Price/sqft:$2,049
Beds:3
Baths:3
Year Built:
Weight:22.6%
267 E 16th St, Costa Mesa, CA 92627

267 E 16th St, Costa Mesa, CA 92627

Sale: $1,999,900

8/6/20250.33 mi

Area:1,517 sqft
Price/sqft:$1,318
Beds:3
Baths:2
Year Built:
Weight:22.3%
535 El Modena Ave, Newport Beach, CA 92663

535 El Modena Ave, Newport Beach, CA 92663

Sale: $2,750,000

10/14/20240.32 mi

Area:1,668 sqft
Price/sqft:$1,649
Beds:3
Baths:2
Year Built:
Weight:19.0%
542 Tustin Ave, Newport Beach, CA 92663

542 Tustin Ave, Newport Beach, CA 92663

Sale: $3,530,000

2/28/20250.30 mi

Area:2,086 sqft
Price/sqft:$1,692
Beds:3
Baths:3
Year Built:
Weight:18.3%
278 Palmer St, Costa Mesa, CA 92627

278 Palmer St, Costa Mesa, CA 92627

Sale: $2,350,000

10/30/20240.18 mi

Area:2,097 sqft
Price/sqft:$1,121
Beds:3
Baths:3
Year Built:
Weight:17.7%

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