Search
516 Tustin Ave, Newport Beach, CA 92663
Image 2 for 516 Tustin Ave, Newport Beach, CA 92663
Image 3 for 516 Tustin Ave, Newport Beach, CA 92663
View Photos

516 Tustin Ave Newport Beach, CA 92663

$6,500,000 Sold Price as of 11/27/2023
  • 5 Beds
  • 6.5 Baths
  • 5,800 Sq.Ft.
Sold
$6,500,000 Sold Price as of 11/27/2023 Refinance Your Mortgage
Map preview of 516 Tustin Ave, Newport Beach, CA 92663

Property Overview: 516 Tustin Ave Newport Beach, CA has 5 bedrooms, 6.5 bathrooms, 5,800 living square feet and 6,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A refined contemporary masterpiece in Newport Heights, 516 Tustin Avenue presents serene, minimalist living spaces filled with natural light, warm natural materials, thoughtful amenities and breathtaking luxury elements. This home has been expertly imagined to accommodate and a range of resident needs and desires. Inside, find five bedrooms, six full baths and one powder room, set over two levels and 5,800 square feet. The airy main level presents 10-foot ceilings, operable skylights, a formal living room and dining room and a wet bar. A sunlit chef s kitchen boasts custom white oak cabinetry, a pantry, and Bosch, Sub-Zero and Wolf appliances. The main level s living spaces lead to an open-air courtyard with a firepit capturing the best of breezy indoor-outdoor California living. Ascend a floating staircase to the second level, which is home to the primary suite with balcony, and generously sized bedrooms, each with a walk-in or built-in closet. The fifth bedroom suite provides its own entrance and adjacent to the media/bonus room and includes a kitchen with fridge, microwave and dishwasher, making it perfect for use as a home office, private gym, or in-law unit. This home s impeccable design is rivaled only by its idyllic location. 516 Tustin Avenue is set in a quiet neighborhood just two blocks from Cliff Drive s sunset view parks and mere minutes away from the boutiques, cafes, grocers and fitness studios of Mariner's Mile, 17th Street and Westcliff. Also located within Newport Beach s top-rated kindergartens, elementary schools, middle and high schools. Upper Back Bay Nature Preserve is a short drive away, with trails for biking, running and hiking, as well as access to kayaking, paddle boarding and boating. The home is also within close proximity to John Wayne Airport, Fashion Island, Balboa Island and the beach.

Listed by Daniel Stevenson | BRE #01981172 | The Agency
Co-listed by Sara Joata | BRE #02168012 | The Agency
Last checked: 1 minute ago | Last updated: January 8th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,375
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23335205
City
Newport Beach
County
Orange
Time on Site
171 days

Property Details for 516 Tustin Ave

Interior Features
Heating Information
  • Has Heating
  • Zoned
Fireplace Information
  • Has Fireplace
  • Electric, Family Room, Fire Pit, Great Room
Room Information
  • Family Room, Great Room, Living Room, Primary Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 6
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 04904106
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From Cliff Drive, right or left on Tustin Ave.
View more facts & features

Local Newport Beach Agent

Sale History for 516 Tustin Ave

Last sold for $6,500,000 on November 27th, 2023

  • November, 2023

  • Nov 27, 2023

    Date

    Sold

    CRMLS: OC23183751

    $6,500,000

    Price

  • Oct 11, 2023

    Date

    Active

    CRMLS: OC23183751

    $6,695,000

    Price

  • Listing provided courtesy of CRMLS

    A refined contemporary masterpiece in Newport Heights, 516 Tustin Avenue presents serene, minimalist living spaces filled with natural light, warm natural materials, thoughtful amenities and breathtaking luxury elements. This home has been expertly imagined to accommodate and a range of resident needs and desires. Inside, find five bedrooms, six full baths and one powder room, set over two levels and 5,800 square feet. The airy main level presents 10-foot ceilings, operable skylights, a formal living room and dining room and a wet bar. A sunlit chef’s kitchen boasts custom white oak cabinetry, a pantry, and Bosch, Sub-Zero and Wolf appliances. The main level’s living spaces lead to an open-air courtyard with a firepit capturing the best of breezy indoor-outdoor California living. Ascend a floating staircase to the second level, which is home to the primary suite with balcony, and generously sized bedrooms, each with a walk-in or built-in closet. The fifth bedroom suite provides its own entrance and adjacent to the media/bonus room and includes a kitchen with fridge, microwave and dishwasher, making it perfect for use as a home office, private gym, or in-law unit. This home’s impeccable design is rivaled only by its idyllic location. 516 Tustin Avenue is set in a quiet neighborhood just two blocks from Cliff Drive’s sunset view parks and mere minutes away from the boutiques, cafes, grocers and fitness studios of Mariner's Mile, 17th Street and Westcliff. Also located within Newport Beach’s top-rated kindergartens, elementary schools, middle and high schools. Upper Back Bay Nature Preserve is a short drive away, with trails for biking, running and hiking, as well as access to kayaking, paddle boarding and boating. The home is also within close proximity to John Wayne Airport, Fashion Island, Balboa Island and the beach. Shown by appointment.

  • November, 2023

  • Nov 27, 2023

    Date

    Sold

    CRMLS: 23335205

    $6,500,000

    Price

  • Oct 9, 2023

    Date

    Active

    CRMLS: 23335205

    $6,695,000

    Price

  • January, 2019

  • Jan 16, 2019

    Date

    Sold

    CRMLS: OC18224812

    $1,500,000

    Price

  • Jan 5, 2019

    Date

    Pending

    CRMLS: OC18224812

    $1,599,999

    Price

  • Oct 30, 2018

    Date

    Price Change

    CRMLS: OC18224812

    $1,599,999

    Price

  • Oct 12, 2018

    Date

    Active

    CRMLS: OC18224812

    $1,649,000

    Price

  • Sep 21, 2018

    Date

    Active Under Contract

    CRMLS: OC18224812

    $1,649,000

    Price

  • Sep 14, 2018

    Date

    Active

    CRMLS: OC18224812

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    Don’t miss this amazing opportunity to own in Newport Heights, one of the most sought-after communities in Newport Beach!! Located just minutes the beach, renowned shopping and dining this charming 1,362 sq ft. single-story sits on a large 6,375 sq ft. lot. This is a rare development opportunity in the neighborhood! This area offers safety and the very best of California living. Walking distance from the Newport Heights Elementary, Ensign Middle and Newport Harbor High.

  • January, 2019

  • Jan 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

Show More

Tax History for 516 Tustin Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,471,629 -- --

Home Value Compared to the Market

This property vs the competition

516 Tustin Ave sold on November 27, 2023 for 80.95% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1154.31 per/sqft which puts the price per square foot 15.12% lower than the current median sale per square foot for the city of Newport Beach.

About 516 Tustin Ave

Detailed summary of property

516 Tustin Ave is a single family home that recently sold in Newport Beach, CA 92663. This house offered 5 bedrooms, 6.5 bathrooms, roughly 5,800 living square feet, and sits on an approximately 6,375 square foot lot. 516 Tustin Ave was first listed on ArdentRealEstateGroup.com on November 28, 2023. The homeowner sold the property for $6,500,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 80.95% higher than the current median priced home. Local homes that are currently for sale include 3810 River Ave, 1726 W Oceanfront and 1027 W Bay Ave. While the average home in Newport Beach, CA is selling in 73 days, 516 Tustin Ave has a days on market of 6 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 516 Tustin Ave 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 516 Tustin Ave

Public county record property details
Beds
3
Baths
1
Year built
1946
Sq. Ft.
1,362
Lot Size
6,375
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
5
APN
049-041-06

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
$4,395,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
92
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 516 Tustin Ave

Nearby Homes for Sale

430 Tustin Ave, Newport Beach, CA 92663
$5,999,999
4 Beds
4 Baths
4271 Sq.Ft.
430 Tustin Ave
Newport Beach, CA 92663
Open Today 1pm-4pm
2401 Margaret Dr, Newport Beach, CA 92663
$7,395,000
5 Beds
5 Baths
4433 Sq.Ft.
2401 Margaret Dr
Newport Beach, CA 92663
Open Today 11am-2pm
2327 Margaret Dr, Newport Beach, CA 92663
$7,200,000
5 Beds
5 Baths
4846 Sq.Ft.
2327 Margaret Dr
Newport Beach, CA 92663
1911 Kings Rd, Newport Beach, CA 92663
$5,398,000
3 Beds
3 Baths
2900 Sq.Ft.
1911 Kings Rd
Newport Beach, CA 92663
Open Today 1pm-3pm
411 Snug Harbor Rd, Newport Beach, CA 92663
$6,295,000
5 Beds
4 Baths
4470 Sq.Ft.
411 Snug Harbor Rd
Newport Beach, CA 92663
Open Sun 1pm-4pm
209 Via Dijon, Newport Beach, CA 92663
$5,995,000
4 Beds
3 Baths
3761 Sq.Ft.
209 Via Dijon
Newport Beach, CA 92663
801 Kings Rd, Newport Beach, CA 92663
$5,995,000
3 Beds
1 Baths
1329 Sq.Ft.
801 Kings Rd
Newport Beach, CA 92663
Open Fri 11am-3pm
223 Via Mentone, Newport Beach, CA 92663
$6,500,000
4 Beds
4 Baths
3340 Sq.Ft.
223 Via Mentone
Newport Beach, CA 92663
120 Via Genoa, Newport Beach, CA 92663
$5,975,000
5 Beds
4 Baths
3150 Sq.Ft.
120 Via Genoa
Newport Beach, CA 92663
Open Sun 1pm-4pm
108 Via Undine, Newport Beach, CA 92663
$5,985,000
4 Beds
4 Baths
3508 Sq.Ft.
108 Via Undine
Newport Beach, CA 92663
402 38th St, Newport Beach, CA 92663
$7,350,000
3 Beds
3 Baths
2650 Sq.Ft.
402 38th St
Newport Beach, CA 92663
Open Today 12pm-4pm
402 38th St, Newport Beach, CA 92663
$7,150,000
3 Beds
3 Baths
2629 Sq.Ft.
402 38th St
Newport Beach, CA 92663

Recently Sold Homes Near 516 Tustin Ave

515 Tustin Ave, Newport Beach, CA 92663
$5,050,000 Last Sold Price
6 Beds
6 Baths
4398 Sq.Ft.
515 Tustin Ave
Newport Beach, CA 92663
507 Tustin Ave, Newport Beach, CA 92663
$1,560,000 Last Sold Price
3 Beds
2 Baths
2050 Sq.Ft.
507 Tustin Ave
Newport Beach, CA 92663
501 El Modena Ave, Newport Beach, CA 92663
$2,840,000 Last Sold Price
3 Beds
2 Baths
2190 Sq.Ft.
501 El Modena Ave
Newport Beach, CA 92663
524 Tustin Ave, Newport Beach, CA 92663
$2,550,000 Last Sold Price
4 Beds
2 Baths
1206 Sq.Ft.
524 Tustin Ave
Newport Beach, CA 92663

Related Resources to 516 Tustin Ave

New Listings in 92663
Popular Zip Codes
Popular Cities
Other Newport Beach Resources

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.

Refi Quote