2401 Margaret Dr, Newport Beach, CA 92663
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2401 Margaret Dr Newport Beach, CA 92663

$7,150,000
  • 5 Beds
  • 5 Baths
  • 4,433 Sq.Ft.
For Sale
$7,150,000 Get Pre-Qualified

Map preview of 2401 Margaret Dr, Newport Beach, CA 92663

Property Overview: 2401 Margaret Dr Newport Beach, CA has 5 bedrooms, 5 bathrooms, 4,433 living square feet and 10,010 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: BEAUTIFUL, RESORT-LIKE home in Newport Beach! 2401 Margaret Drive presents the opportunity to own a stunning custom-built residence in the highly sought-after neighborhood of Newport Heights. PRIME LOCATION: Situated on a 10,010 sq ft lot with close proximity to parks, beaches, and award-winning schools, this home is a great fit for those seeking the vibrant lifestyle of Newport Beach. With excellent walkability in a safe neighborhood and a short drive to John Wayne airport, major freeways, and countless coastal getaways, this property offers the ideal coastal living experience. PREMIER DESIGN: Crafted in 2018 by the dynamic trio of Skout Interior Design, Christiano Homes, and Richart Design, this home is an absolute stunner. The main level boasts generously-proportioned rooms and indoor spaces that flow seamlessly into the beautiful and private backyard, setting the stage for unforgettable gatherings. A downstairs bedroom offers convenience while the bonus TV/game room opens up to the backyard. Ascend to the upper level and discover an oversized primary suite that leads to a spa-inspired bathroom with a gorgeous sauna connected to the shower. Beautiful fixtures and finishes adorn each space of the home. DREAM-WORTHY OUTDOOR LIVING: The expansive backyard is truly an entertainer's paradise, featuring palm trees, a sparkling pool and spa, built-in BBQ, and a custom fire pit area. It's the ultimate playground for hosting epic evenings with family and friends. NOTEWORTHY FEATURES: Combining a coveted location, 5 bedrooms (1 down), elegant finishes and fixtures throughout, multiple fireplaces, and a perfect backyard, 2401 Margaret Drive is a rare treasure waiting to be discovered. Don't miss this chance to seize this opportunity. Contact us today to learn more or to schedule your showing!

Listed by Janelle File | BRE #01952433 | Compass
Co-listed by Brandon Goethals | BRE #02004301 | Compass
Last checked: 9 minutes ago | Last updated: July 26th, 2024 | Source CRMLS | DOM: 78
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Home details

Lot Sq. Ft
10,010
HOA Dues
$0/mo
Year built
2018
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP24091413
City
Newport Beach
County
Orange
Time on Site
77 days

Open Houses for 2401 Margaret Dr

No upcoming open houses

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Property Details for 2401 Margaret Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Solar
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Primary Bedroom, Primary Retreat
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • Flooring: Wood
  • Bonus Room, Family Room, Game Room, Great Room, Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Suite, Sauna, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Butler's Pantry, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Barbecue Private
  • Has Spa
  • Spa Features: Private
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private, Heated
  • Covered, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 42510115
  • Year Built Source: Builder
  • Architectural Style: Custom Built
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Irvine Ave to Margaret Drive
Neighborhood Information
  • Community Features: Biking, Curbs, Golf, Hiking, Gutters, Park, Storm Drains
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Sale History for 2401 Margaret Dr

Last sold for $7,000,000 on October 18th, 2023
  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: NP24091413

    $7,395,000

    Price

  • October, 2023

  • Oct 18, 2023

    Date

    Sold

    CRMLS: NP23113688

    $7,000,000

    Price

  • Jun 26, 2023

    Date

    Active

    CRMLS: NP23113688

    $7,000,000

    Price

  • Listing provided courtesy of CRMLS

    Custom built in 2018 and situated on one of the largest lots in highly sought-after Newport Heights, 2401 Margaret Drive merges form and function for effortless daily living in coastal Orange County. Skout Interior Design, Christiano Homes and Richart Design teamed up to build this truly special home. The main level features graciously scaled rooms and complementary outdoor spaces that seamlessly blend indoor/outdoor living, sure to be the focal point for entertaining family and friends. The downstairs guest room and bonus tv/game room that opens up to the entertainer’s dream yard with a large pool/spa, built-in bbq and custom fire pit area complete the lower level. The upper-level is anchored by an oversized primary suite that leads to the truly one-of-a-kind spa-inspired bathroom featuring a sauna connected to the shower. Three additional bedrooms with en suite bathrooms and a large upstairs laundry room complete the offering. Homes with this level of quality, design, outdoor space and privacy in one of the world’s best beach towns are not often available as they provide a truly desirable and uncommon living experience.

  • November, 2020

  • Nov 26, 2020

    Date

    Sold

    CRMLS: PW20232446

    $4,300,000

    Price

  • Nov 11, 2020

    Date

    Active Under Contract

    CRMLS: PW20232446

    $3,995,000

    Price

  • Nov 11, 2020

    Date

    Active

    CRMLS: PW20232446

    $3,995,000

    Price

  • Nov 11, 2020

    Date

    Active Under Contract

    CRMLS: PW20232446

    $3,995,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: PW20232446

    $3,995,000

    Price

  • Nov 4, 2020

    Date

    Coming Soon

    CRMLS: PW20232446

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    Are you dreaming? No, your dreams have come true! Completely reimagined from the ground up, this home is like walking into a modern tropical paradise. Sophisticated style and a neutral organic palette are juxtaposed with hidden pops of color, pattern, and texture in the 5 bedrooms and 5 bathrooms and over 4400 sqft. The quintessential porch swing and dutch door have been elevated in design to welcome you inside this light and bright home. The living and dining areas flow seamlessly to the kitchen with large island, allowing uninterrupted sight lines through the disappearing door system to the expansive backyard with sparkling pool, spa, fire pit and built in BBQ making entertaining or watching the kids a breeze. A private office/reading nook and additional game room offers the perfect separation between adults and kids, work and play. Wide plank wood floors, Zelliege Tile, designer fixtures, and Custom Cabinetry throughout, as well as Nest Thermostats, raised garden bed, walk-in pantry, upstairs laundry room, loft office, and sauna make this home not only beautiful, but also outfitted with everything you could dream of. Located on an interior street in hip Newport Heights, this home is sure to please even the most discerning stylistic eyes. Ideally located near world-class shopping and dining, sunny California Beaches, and all Orange County has to offer. Welcome to Dream World where all your dreams come true!

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Tax History for 2401 Margaret Dr

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2401 Margaret Dr is listed 66.47% higher than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,557 and this home is listed at $1612.9 per/sqft which puts the price per square foot 3.59% higher than the median price per square foot for the city of Newport Beach.

About 2401 Margaret Dr

Detailed summary of property

2401 Margaret Dr is a single family home located in Newport Beach, CA 92663 and is currently for sale. This house offers 5 bedrooms, 5 bathrooms, roughly 4,433 living square feet, and sits on an approximately 10,010 square foot lot. 2401 Margaret Dr was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $7,150,000 and was originally asking $7,395,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,557. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 66.47% higher than the median priced home. Local competing homes currently for sale include 2510 Glenneyre St, 120 Rockledge Terrace and 1759 Alisos Ave. While the average home in Newport Beach, CA is selling in 91 days, 2401 Margaret Dr has a days on market of 78 days. There are currently 291 homes for sale in the Newport Beach real estate market and 211 of them are single family homes while 64 of them are condos and 16 are townhomes. For more information on this home for sale at 2401 Margaret Dr Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 2401 Margaret Dr

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Stories
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Type
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Pool
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Spa
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County
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APN
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The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,950,000
Median List Price/Sq.Ft.
$1,613
Median Sold Price
$3,350,000
Median Sold Price/Sq.Ft.
$1,279
Total Inventory
101
Median Sale to List Price %
89.33%
Avg Days on Market
46
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (46.15%), Other (23.08%)

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Related Resources to 2401 Margaret Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.