2 months on rocket

542 Tustin Ave, Newport Beach, CA, 92663

$3,599,000

3 Bedrooms
3 Full Baths
2,086 SqFt
$1,725/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1952
HeatingForced Air
CoolingNone
FireplaceLiving Room
ViewNone
MLS #NP24186832
Lot Size0.15 Acres
StatusActive

About 542 Tustin Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 2,086 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 244-0882
  • Listing Agent: Megan Varga

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Bedroom on Main Level
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: 17th St to Tustin Left, house will be on Left side

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,599,000
  • Price Per SqFt: $1,725/SqFt

Tax Information:

  • Annual Amount: $15,912
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

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Newport Beach, CA

City

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

542 Tustin Ave vs Newport Beach

65 DAYS ON ROCKET

+15 Days

$3,599,000

+$124K More

$1,725/SqFt

+$298 More

KEY TAKEAWAY

This property is $124K more than the Median Sold Price and $298/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24186832

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 244-0882
  • Listing Agent: Megan Varga

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2014Home Sold
$1,250,000
Jul 19, 2013Home Sold
$1,075,000
May 21, 2013Home Sold
$892,500
Jul 26, 2001Home Sold
$580,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,912$1,477,767
2020$15,759$1,462,615
2019$14,230$1,346,737
2018$14,231$1,320,331
2017$13,980$1,294,443

History based on county public records data.

Payment Calculator

$18K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-427193
7
/10

  • Newport Heights Elementary School

  • 300 E 15th St

  • 0.25 miles

  • Public District Grades KG-6

school-card-donut-427194
7
/10

  • Mariners Elementary School

  • 2100 Mariners Dr

  • 0.88 miles

  • Public District Grades KG-6

school-card-donut-427195
8
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.29 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $151,984. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 Tustin Ave

What is the listing price of this property?

The listing price of 542 Tustin Ave property is $3,599,000.

What type of property is this?

The property 542 Tustin Ave is a house located in Newport Beach, California, 92663.

Is this property for sale now?

Active Listing: 542 Tustin Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,912 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 21, 2014 for $1,250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 542 Tustin Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 542 Tustin Ave is 2,086 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 542 Tustin Ave is 1952.
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Rocket Homes›California›Orange County›Newport Beach›92663›542 Tustin Ave

This home is located at 542 Tustin Ave in Newport Beach, CA and zip code 92663 in the Westcliff / Mariner Mile neighborhood. This 2,086 square foot home, which was built in 1952, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $3,599,000.

Newport Beach, CA housing market in October 2024 saw over 6 listings sold above listed price, more than 10 sold at listed price and over 52 sold below. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. In October 2024 median list price was $3,475,000 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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