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:SANDICOR
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.
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Home facts
- Year built:1954
- Listing Id #:PW25174094
- Added:16 day(s) ago
- Updated:August 19, 2025 at 02:07 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
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