1501 Cliff Drive, Newport Beach, CA 92663
- $2,950,000
- 4
- BD
- 4
- BA
- 2,945
- SqFt
- Sold Price
- $2,950,000
- List Price
- $2,950,000
- Closing Date
- May 28, 2025
- Status
- CLOSED
- MLS#
- NP25095295
- Year Built
- 1960
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,945
- Lot Size
- 7,150
- Acres
- 0.16
- Lot Location
- Garden
- Days on Market
- 2
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Cliffhaven (Clif)
Property Description
Presenting 1501 & 1503 Cliff Dr – Two homes on one R2 lot in prime Newport Heights, offering strong value-add and rental upside. This never-before-sold property is a rare find with each residence consisting of 2-bed and 2-bath. Ideal for investors, developers, or owner-occupants seeking income potential. Add immediate value through cosmetic upgrades or explore redevelopment opportunities including potential condo conversion in one of Newport Beach’s most desirable neighborhoods. 1501 Cliff Dr features a spacious living room with high ceilings and fireplace, a flexible family/dining area, kitchen, full bath, and downstairs bedroom. Upstairs is a large primary suite with en-suite bath and walk-in closet. 1503 Cliff Dr offers a similar layout with a living room, kitchen, full bath, and bedroom downstairs, and a large upstairs suite with full bathroom. Located in a highly walkable area close to top schools, 17th Street dining and retail, the Back Bay, and beaches, this property is loaded with potential for short- or long-term upside.
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Additional Information
- Appliances
- Dishwasher, Electric Oven, Electric Range
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling Description
- None
- View
- None
- Patio
- Patio
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Elementary School
- Newport Heights
- Middle School
- Horace Ensign
- High School
- Newport Harbor
- Interior Features
- Breakfast Bar, Bedroom on Main Level, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: George Hanold (george@timesrealestateca.com) from Listing Office: Times Real Estate CA.
Listing sold by George Hanold from Times Real Estate CA
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