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$2,400,000
28 Days On Site

2427 Margaret Drive
Newport Beach, CA 92663

For Sale|Single Family Residence|Active Under Contract
4
Beds
2
Total Baths
2
Full Baths
1,159
SqFt
$2,071
/SqFt
1954
Built
Subdivision:
Newport Heights (NEWH)
County:
Orange
Listed by Lucia Proulx of Coldwell Banker Realty lucy@lucyproulx.com
Call Now: (949) 873-6111
Is this the listing for you? We can help make it yours.
(949) 873-6111
2427 Margaret Drive2427 Margaret Drive
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Monthly Payment (Est.)

$10,950
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Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach’s most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
28 Days
Bedrooms 
4
Inside Area (SqFt) 
1,159 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1989 Acres
Year Built 
1954
MLS® Number 
PW25174094
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active Under Contract
3 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1989
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking 
Attached
Parking Spaces 
1
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
One
Water Source 
Public
Interior Features
Fireplace 
Yes
Fireplace Features 
Family Room
Heating 
Central
Laundry Features 
None
Main Level Bedrooms 
4
Bedroom 
Dining Room 
Kitchen 
Living Room 
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Exterior Features
Lot Features 
Back Yard
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
steps
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
N6 - Newport Heights
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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