2427 Margaret Drive, Newport Beach, CA 92663
Local realty services provided by:ERA North Orange County Real Estate
2427 Margaret Drive,Newport Beach, CA 92663
$2,400,000
- 4 Beds
- 2 Baths
- 1,159 sq. ft.
- Single family
- Active
Listed by:lucia proulx
Office:coldwell banker realty
MLS#:PW25174094
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$2,070.75
About this home
Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach's most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.
Contact an agent
Home facts
- Year built:1954
- Listing ID #:PW25174094
- Added:60 day(s) ago
- Updated:October 02, 2025 at 02:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,159 sq. ft.
Heating and cooling
- Heating:Forced Air Unit
Structure and exterior
- Year built:1954
- Building area:1,159 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$2,070.75
New listings near 2427 Margaret Drive
- New$699,995Active3 beds 2 baths1,200 sq. ft.
700 Lido Park #5, Newport, CA 92663
MLS# 250039633Listed by: VIP PREMIER REALTY CORP - New$2,399,000Active2 beds 2 baths1,219 sq. ft.
714 Iris Avenue, Corona Del Mar, CA 92625
MLS# NP25228927Listed by: COMPASS - New$3,550,000Active3 beds 3 baths1,708 sq. ft.
708 Heliotrope, Corona Del Mar, CA 92625
MLS# NP25227926Listed by: SURTERRE PROPERTIES INC. - New$5,298,000Active3 beds 3 baths2,829 sq. ft.
58 Victoria, Newport Beach, CA 92660
MLS# OC25228952Listed by: CINDY CHIN REALTY - New$3,550,000Active3 beds 3 baths1,708 sq. ft.
708 Heliotrope, Corona Del Mar, CA 92625
MLS# NP25227926Listed by: SURTERRE PROPERTIES INC. - New$7,595,000Active4 beds 4 baths3,313 sq. ft.
2915 Pebble Drive, Corona Del Mar, CA 92625
MLS# NP25226607Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New$1,699,500Active2 beds 2 baths1,050 sq. ft.
737 Avocado Avenue, Corona Del Mar, CA 92625
MLS# NP25229686Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Open Sat, 1 to 4pmNew$7,595,000Active4 beds 4 baths3,313 sq. ft.
2915 Pebble Drive, Corona Del Mar, CA 92625
MLS# NP25226607Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New$1,699,500Active2 beds 2 baths1,050 sq. ft.
737 Avocado Avenue, Corona Del Mar, CA 92625
MLS# NP25229686Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New$3,795,000Active5 beds 4 baths2,620 sq. ft.
2215 Arbutus Street, Newport Beach, CA 92660
MLS# NP25229274Listed by: SEVEN GABLES REAL ESTATE