542 Tustin Ave, Newport Beach, CA 92663
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542 Tustin Ave Newport Beach, CA 92663

$3,599,000
  • 3 Beds
  • 3 Baths
  • 2,086 Sq.Ft.
For Sale
$3,599,000 Get Pre-Qualified

Map preview of 542 Tustin Ave, Newport Beach, CA 92663

Property Overview: 542 Tustin Ave Newport Beach, CA has 3 bedrooms, 3 bathrooms, 2,086 living square feet and 6,375 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: Stunningly upgraded California modern residence which has been renovated and expanded to offer modern luxury and the ultimate in indoor-outdoor living. Located in sought-after Newport Heights, this property unlocks an unparalleled beach close lifestyle just a few blocks from hip 17th Street shops and restaurants and top-rated schools. Renovated to the studs, the main house features new electrical, metal roof, plumbing, windows, kitchen and bar, wide-plank wood flooring, custom closets, lighting, and Arcadia disappearing doors. The garage and ADU were similarly outfitted with all new mechanicals, roof, and polished concrete floors. Just inside, the great room layout blends the kitchen, living, and dining areas into a seamless, open-concept entertaining space. The living area features a cozy fireplace, and built-in seating creates a casual eat-in dining area. The chef's kitchen is a modern masterpiece, showcasing a quartz waterfall edge island, white Shaker cabinets, brass fixtures, and top-of-the-line JennAir appliances. Beyond a marble entertainers bar complete with designer wall-coverings, the formal dining and family room features exposed-beam cathedral ceilings and huge Arcadia sliding doors that vanish the boundary between indoor and outdoor living. Indulge in the tranquil and private yard with a luxurious cedar jacuzzi and deck, cement bench and fire pit gathering space, outdoor shower, infrared sauna, upgraded exterior lighting, and beautiful landscaping and low-maintenance turf lawn. Sliding pocket doors reveal the versatile ADU space, complete with exposed beam soaring ceilings, gorgeous bar with beverage fridge, concrete floor, and a full bath with rainfall shower. At the end of the day, retreat to your light-filled primary suite, secondary bedroom, and a third bedroom with a wall of storage that easily doubles as a home office. All within close proximity to the beach, Back Bay, Lido Village, PCH, and 17th St shops and restaurants. Embrace the local lifestyle with bike rides to Lido Marina Village, strolling to 17th St for a bite, or taking your pup to Cliff Park for sunset views of the harbor. With its thoughtful design, high-end finishes, and prime location, this property invites you to live the quintessential Newport Heights lifestyle.

Listed by Megan Varga | BRE #01274948 | Compass
Last checked: 5 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,375
HOA Dues
$0/mo
Year built
1952
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP24186832
City
Newport Beach
County
Orange
Time on Site
5 days

Open Houses for 542 Tustin Ave

Sunday, Sep 22nd: 1:00pm-3:00pm
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Property Details for 542 Tustin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 3
  • Flooring: Wood
  • Family Room, Living Room, Main Floor Bedroom, Sauna
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Metal
  • Has Spa
  • Spa Features: Private
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04904127
  • Year Built Source: Assessor
  • 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: 17th St to Tustin Left, house will be on Left side
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 542 Tustin Ave

Last sold on September 15th, 2015
  • September, 2024

  • Sep 12, 2024

    Date

    Active

    CRMLS: NP24186832

    $3,599,000

    Price

  • September, 2015

  • Sep 15, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2013

  • Jul 19, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

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Tax History for 542 Tustin Ave

Assessed Value (2020): $1,462,615
Year Land Value Improved Value Assessed Value
2020 $1,294,635 $167,980 $1,462,615

Home Value Compared to the Market

This property vs the competition

542 Tustin Ave is listed 14.31% lower than the median list price for the city of Newport Beach which has a median list price of $4,200,000. The median price per/sqft for Newport Beach is $1,512 and this home is listed at $1725.31 per/sqft which puts the price per square foot 14.11% higher than the median price per square foot for the city of Newport Beach.

About 542 Tustin Ave

Detailed summary of property

542 Tustin Ave is a single family home located in Newport Beach, CA 92663 and is currently for sale. This house offers 3 bedrooms, 3 bathrooms, roughly 2,086 living square feet, and sits on an approximately 6,375 square foot lot. 542 Tustin Ave was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $3,599,000. The median priced home in Newport Beach is $4,200,000 with a median price per square foot of $1,512. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 14.31% lower than the median priced home. Local competing homes currently for sale include 1245 W Balboa Blvd, 1237 W Balboa Blvd and 4405 Channel Pl. While the average home in Newport Beach, CA is selling in 93 days, 542 Tustin Ave has a days on market of 6 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. For more information on this home for sale at 542 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 542 Tustin Ave

Public county record property details
Beds
3
Baths
3
Year built
1952
Sq. Ft.
1,986
Lot Size
6,375
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
11
APN
049-041-27

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
$3,850,000
Median List Price/Sq.Ft.
$1,633
Median Sold Price
$2,670,000
Median Sold Price/Sq.Ft.
$1,489
Total Inventory
92
Median Sale to List Price %
92.23%
Avg Days on Market
51
Loan Type
Conventional (28%), FHA (4%), VA (0%), Cash (32%), Other (36%)

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Related Resources to 542 Tustin Ave

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.