#NP25069687, Karly Brown, Listing Office: Karly Brown, Broker
#NP25092890·
Listing office: Times Real Estate CA·
Listing agent: George Hanold·
Listing office phone: 949-836-5479
$2,950,000 List price
1501 Cliff Dr Newport Beach, CA 92663
0.2 acres
Multi-Family
Property details
About 1501 Cliff Dr
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.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
Lot size0.1641 Acres
Year built1960
ParkingDoor-Multi, Door-Single, Garage, Garage Faces Rear
MLS #NP25092890
Garage3 spaces
FireplaceLiving Room
Summary
- Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Interior: Bedroom on Main Level, Walk-In Closet(s)
- Fireplace: Living Room
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Door-Multi, Door-Single, Garage, Garage Faces Rear
- Heating: Central
- Cooling: None
- List Price: $2,950,000
- Annual Tax Amount: $3,296
- Tax Year: 2024
- Lot: Garden
- Directions: Cliff Dr, south side of Cliff Dr on other side of Ensign fields.
- Year Built: 1960
- Stories: 2
- Lot Size: 0.1641 Acres
- MLS Number: NP25092890
- MLS Name: CRMLS
- Office Name: Times Real Estate CA
- Office Phone: (949) 836-5479
- Listing Agent: George Hanold
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: 5/1/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,950,000
1501 Cliff Dr
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $268,327 | $3,296 |
| 2023 | $263,066 | $3,212 |
| 2022 | $257,908 | $3,151 |
| 2021 | $252,851 | $3,093 |
| 2020 | $250,259 | $3,062 |
| 2019 | $245,352 | $2,949 |
| 2018 | $240,542 | $2,949 |
| 2017 | $235,826 | $2,897 |
History based on county public records data.
Nearby schools
7
Newport Heights Elementary School
Public District KG-6
0.7 mi
•300 E 15th St
8
Newport Elementary School
Public District KG-6
0.8 mi
•1327 W Balboa Blvd
7
Mariners Elementary School
Public District KG-6
1.1 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,692. Residents of Newport Beach, CA typically earn $200k+ each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
22%
<35k
25%
35k-100k
20%
100k-200k
33%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
3%
Single, with Kids
39%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
45%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Art Museums
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Boston Market
Starbucks
Chipotle
What do the neighbors drive?
Mercedes
Audi
Volkswagen
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1501 Cliff Dr in Newport Beach, CA and zip code 92663 in the Cliff Haven neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $2,950,000.
While more than 8 listings in Newport Beach, CA in April 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 64 were sold below. In April 2025 in Newport Beach, CA there were 6.9% more homes for sale than in March. While the average time on the market in April 2025 was 41 days, the median list price was $3,600,000.
From Rocket Homes Real Estate and based on county public records data.