5119 River Avenue, Newport Beach, CA 92663
5119 River Avenue, Newport Beach, CA 92663
Property Description
Calling out all Beach Lovers, this Highly Coveted Location-- only 3 Houses from the Beach, Offers the Ultimate Coastal Lifestyle with Easy Access to the Ocean, Newport and Huntington. Experience the Perfect Blend of Comfort and Opportunity with this Versatile Duplex. Live in One Unit and Enjoy the Convenience of Home Ownership while Generating Rental Income from the Other or Rent Both for More Generous Income. The Lower Unit has 2 Bedrooms and 2 Baths, Open Kitchen to Family Room, and Slider Door to Enclosed Lower Patio and Laundry. The Upstairs Features Same FloorPlan as Lower except it has Additional 3rd Bedroom which is much Larger and has it's own Entrance and Spacious Balcony. With Proper City Permitting this could be a Separate Studio Apartment. Ample Parking with 2 Car Garage and 2 Car Driveway. Lower and Upper Units both Completely Remodeled and can be Rented Month to Month or with City Permit Short Term/Vacation Stay! Seize the Chance to Make this Stunning Beach Property your Own--Paradise Awaits.
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About Lido Peninsula
This property is located in Lido Peninsula, a community in Newport Beach. Explore more listings in this neighborhood to compare options and pricing.
View Lido Peninsula ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lido Peninsula · Newport Beach · Single Family Residence
Listed 46.6% below the median closed sale of $5,995,000. Price per sqft ($1,091) is a 51% discount to closed comps ($2,238). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 642 Via Lido Nord | Newport Beach | 1981 | 4 | 4 | 2,919 | 2,880 | $5,822 | $17.00M | 38 | 66 |
| 7204 Oceanfront | Newport Beach | 1988 | 5 | 4 | 2,814 | 2,250 | $3,730 | $10.49M | 101 | 63 |
| 209 Via Koron | Newport Beach | 1954 | 4 | 4 | 2,412 | 2,640 | $2,073 | $5.00M | 130 | 62 |
| 1517 Miramar Drive | Newport Beach | 2026 | 4 | 4 | 2,554 | 2,450 | $2,447 | $6.25M | 10 | 60 |
| 121 41st | Newport Beach | 2018 | 4 | 5 | 3,224 | 2,550 | $2,466 | $7.95M | 73 | 60 |
| Total: 5 · Average | 4.2 | 4.2 | 2,784.6 | 2,554 | $3,307.6 | $9.34M | 70.4 | |||
| Median | 2,814 | $7.95M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 325 Grand Canal | Newport Beach | 1966 | 09/28/2026 | 4 | 4 | 2,542 | 2,614 | $4.29M | $4.40M | $1,731 | 1.02 | 76 | 64 |
| 115 41st Street | Newport Beach | 2022 | 09/10/2026 | 5 | 6 | 2,900 | 2,614 | $6.50M | $6.22M | $2,147 | 0.96 | 58 | 62 |
| 4807 Seashore Drive | Newport Beach | 2012 | 08/11/2026 | 5 | 5 | 3,100 | 2,481 | $12.60M | $12.35M | $3,982 | 0.98 | 27 | 62 |
| 221 Abalone | Newport Beach | 1944 | 09/30/2026 | 4 | 5 | 2,972 | 2,400 | $6.00M | $6.00M | $2,017 | 1.00 | 20 | 62 |
| 1589 Ocean Boulevard | Newport Beach | 2026 | 08/18/2026 | 4 | 5 | 3,052 | 2,450 | $4.00M | $4.00M | $1,311 | 1.00 | 39 | 60 |
| Total: 5 · Average | 4.4 | 5.0 | 2,913.2 | 2,511.8 | $6.59M | $6.59M | $2,237.6 | — | 44 | ||||
| Median | 2,972 | $6.00M | $6.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.