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2501 Margaret Dr, Newport Beach, CA 92663

List Price: $16,700On Market FlagOn market
Jul 8, 20253,950 sqft5 beds4 baths
Listed by: Kathy Fallon
License #: 01428911
Phone #: 949-717-7100
Surterre Properties Inc.
Source:
CRMLS Logo
MLS #: NP25135448

Property Description

WELCOME to NEWPORT HEIGHTS!!! Beautiful custom Mediterranean style Villa is all you could desire for your family home. Unique feature is a central private courtyard. This home currently features 2 of the 5 bedrooms upstairs with a great loft area perfect for studying or relaxing. Beautiful custom cabinetry is abundant and it's such a plus to have so much storage space. A full bath accompanies this section of the home. Master Bedroom and large master bath are located on the first level which features the 3rd fireplace and french doors access to the pool and spa. There is a separate wing with separate entrance that could be a large office/bonus room/gym/game room/in-law/maids quarters room that could even be 2 more jack and jill bedrooms with a full bath. The possibilities of this suite are endless. The kitchen is a chef's dream. Imagine creating from favorite menu while you're watching the kids in the pool!! There is a butler's pantry with a freezer and so much storage to make your life easier. Separate Laundry room with washer and dryer included is featured in this section of the house with direct access to your 2 car garage. More storage!!!! Hickory and travertine floors on the main level. 10' High ceilings. Top of the line appliances: Bluestar 8 burner gas rage and oven, Subzero refrigerator,Thermador,dishwasher, Monogram 2 refrigerator drawers. Kitchen island with granite counter. The very private outdoor pool/spa area is perfect for those warm summer nights al fresco BBQ's. A separate private open courtyard has 9 French doors that open to 1st level rooms. Every room boasts the true meaning of Light and bright!! In close proximity to the upper Newport Bay Nature Preserve, Fashion Island (for world class shopping), Balboa Island & Peninsula (for boating, waterfront dining, incredible beaches, and boutique shopping) and 17th Street (for retail, bars, restaurants and fitness).Minutes away from top-rated schools including Ensign and Newport Harbor. Quick access to PCH, the 73, and the 405 freeways for commuting, John Wayne airport less than 10 minutes away. Handicap access via ramp from street. Tons of storage. Gardener and pool/spa maintenance included. All said and done this home is the most fantastic Entertainment home of the century. From graduation parties, family gatherings or a small event celebration you will be the proud hostess with so many rooms to accommodate your guests. Experience coastal living in this stunning estate
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

$115,316

TurboHome Estimated Value

$3,852,200

$975 sqft

High Valuation
$4,044,810
$1024/sqft
Normal Valuation
$3,852,200
$975/sqft
Low Valuation
$3,659,590
$926/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$975/sqft$3,852,200

Neighborhood

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Comparative Value

$17K

$3.25M

$4.35M

$4.90M

$5.20M

2501 Margaret Dr, Newport Beach, CA 92663

List Price: $16,700

Subject Property

273 Magnolia St, Costa Mesa, CA 92627

Sale Price: $3,250,000

Selected Comparable

324 Signal Rd, Newport Beach, CA 92663

Sale Price: $4,350,000

Selected Comparable

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

200 Via Koron, Newport Beach, CA 92663

Sale Price: $5,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2501 Margaret Dr, Newport Beach, CA 92663

2501 Margaret Dr, Newport Beach, CA 92663

List: $16,700

Listed: 7/8/2025

Area:3,950 sqft
Price/sqft:$4
Beds:5
Baths:4
Year Built:
Lot Size:8,960

Comparable Properties

COMPARABLE
Choose comps
141 Via Havre, Newport Beach, CA 92663

141 Via Havre, Newport Beach, CA 92663

Sale: $4,500,000

6/17/20250.89 mi

Area:3,712 sqft
Price/sqft:$1,212
Beds:5
Baths:4
Year Built:
Weight:23.8%
400 Catalina Dr, Newport Beach, CA 92663

400 Catalina Dr, Newport Beach, CA 92663

Sale: $4,900,000

7/31/20250.52 mi

Area:3,260 sqft
Price/sqft:$1,503
Beds:5
Baths:5
Year Built:
Weight:20.5%
200 Via Koron, Newport Beach, CA 92663

200 Via Koron, Newport Beach, CA 92663

Sale: $5,200,000

11/19/20240.90 mi

Area:3,953 sqft
Price/sqft:$1,315
Beds:4
Baths:4
Year Built:
Weight:18.7%
273 Magnolia St, Costa Mesa, CA 92627

273 Magnolia St, Costa Mesa, CA 92627

Sale: $3,250,000

5/6/20250.81 mi

Area:3,206 sqft
Price/sqft:$1,014
Beds:5
Baths:5
Year Built:
Weight:18.6%
324 Signal Rd, Newport Beach, CA 92663

324 Signal Rd, Newport Beach, CA 92663

Sale: $4,350,000

2/3/20250.55 mi

Area:3,613 sqft
Price/sqft:$1,204
Beds:4
Baths:4
Year Built:
Weight:18.4%

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