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324 Prospect Street, Newport Beach, CA 92663

$2.79M3bd · 3ba · 2,211 sqft
Lot 2,480 sqft•HOA $70/mo•Single Family Residence•
Active
•61d on market•MLS# NP-26178432

Property Description

This beautifully remodeled three-bedroom, three-bath residence offers an exceptional opportunity to embrace the coveted Newport Shores lifestyle, just moments from the sand. A spacious, sun-drenched front courtyard creates an inviting introduction and an ideal setting for relaxed outdoor living. Inside, dramatic floor-to-second-story walls of glass fill the living room with natural light, and a striking fluted fireplace provides a warm architectural focal point. The thoughtfully updated kitchen features expansive countertops, an oversized island with breakfast bar seating, double ovens, a six-burner range with griddle, built-in microwave, refrigeration, abundant cabinetry, and sleek floating storage. The adjoining seating room is enhanced by integrated storage and a wine refrigerator. Upstairs, a spacious primary suite offers a private balcony, substantial walk-in closet, and a luxurious skylit bath appointed with dual sinks, a separate soaking tub, and walk-in shower. Additional conveniences include private laundry, a two-car garage, and ample storage. Enjoy the best of coastal living with close proximity to renowned beaches, local dining, shopping, and recreation. Residents enjoy Newport Shores Community Association amenities, including a pool, tennis courts, clubhouse, playground, and barbecue area.

Features & Amenities

FeeBuilt 1961

Property Details

Land Type
Fee
Year Built
1961
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
None
Flooring
Wood
City
Newport Beach
Zip Code
92663
County
Orange
Listed byUnknown Office, Casey Lesher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$14,133.04
Principal & Interest
Loan Amount
$2,236,000
Total Interest
$2,851,895
Total Payment Over 30 Years
$5,087,895
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

324 Prospect Street, Newport Beach, CA 92663

Newport Beach · Single Family Residence

$2.79M
Luxury Tier
Beds
3
Baths
3
Sqft
2,211
Lot
2,480 sqft
Year
1961
$/Sqft
$1264
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 35.0% below the median closed sale of $4,300,000. Price per sqft ($1,264) is a 34% discount to closed comps ($1,916). Expect a longer timeline — comps averaged 132 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.79M· $1,264/sqft
Total list price
Closed comps
vs closed median $4.30M
−$1.50M (−35.0%)
Active comps
vs active median $2.25M
+$545K (+24.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,660
−$396 (−23.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
119 OpalNewport Beach2001332,3542,550$2,463$5.80M1593
2952 QuedadaNewport Beach1972432,0962,592$930$1.95M1692
537 Vista GrandeNewport Beach1968322,0802,590$1,082$2.25M10992
118 SapphireNewport Beach2009342,3212,550$2,755$6.39M3390
2650 Vista Del OroNewport Beach1969431,6332,544$1,071$1.75M4886
Total: 5 · Average3.43.02,096.82,565.2$1,660.2$3.63M44.2
Median2,096$2.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1730 Ocean BoulevardNewport Beach193709/18/2026332,1002,625$4.59M$4.20M$2,0000.9113393
5512 SeashoreNewport Beach201609/15/2026332,3262,300$4.50M$4.25M$1,8270.9423892
111 Via KoronNewport Beach196509/29/2026342,6752,640$5.00M$4.75M$1,7760.9519487
3618 Park LaneNewport Beach201709/18/2026431,9132,333$4.39M$4.30M$2,2480.982086
325 Grand CanalNewport Beach196609/28/2026442,5422,614$4.29M$4.40M$1,7311.027686
Total: 5 · Average3.43.42,311.22,502.4$4.38M$4.38M$1,916.4—132.2
Median2,326$4.30M$4.30M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.