LOT VALUE ONLY. TENNANT OCCUPIED. HOME INSPECTION UPON ACEPTED PURCHACE CONTRACT. THIS IS A TRUST PROPRTY TO BE SOLD IN ITS EXISTING CONDITION. BUYER RESPONSABLE FOR ANY AND ALL CORRECTIONS AND REPAIRS.
Single-familyProperty Type
1938Year Built
6,375 sq ftLot Size
$1,134Est. Price/Sq.Ft.
Listed by PETE BARRETT•DRE #00270307• HARBOR REALTY
Bought with Cari Young•DRE #01148961
Source:CRMLS #U02795828
Redfin Estimate
$3,151,056
$2.4M since sold in December 2003$61K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 27.9% lower than the average sale price ($4.37M) of 6 comparable homes.
RARE OPPORTUNITY TO BUILD YOUR DREAM HOME IN NEWPORT HEIGHTS! GREAT LOCATION BETWEEN A CUSTOM HOME UNDER CONSTRUCTION AND A REMODELED SINGLE-STORY. PLANS FOR A BEAUTIFUL CUSTOM HOME OF APPROXIMATELY 4800 SQ FT INCLUDED.
CRMLS #U02795828
May 20, 2002
Sold
$600,000
$216/sq ft
Feb 6, 2002
Listed
$512,500
$184/sq ft
LOT VALUE ONLY. TENNANT OCCUPIED. HOME INSPECTION UPON ACEPTED PURCHACE CONTRACT. THIS IS A TRUST PROPRTY TO BE SOLD IN ITS EXISTING CONDITION. BUYER RESPONSABLE FOR ANY AND ALL CORRECTIONS AND REPAIRS.
Year
Property tax
Land + Additions
Assessment*
2025
$16,518 (+1.6%)
$1,123,220 + $421,556
$1,544,776
2024
$16,255 (+2.4%)
$1,123,220 + $421,556
$1,544,776
2023
$15,872 (+1.7%)
$1,101,196 + $413,291
$1,514,487
2022
$15,605 (+2.0%)
$1,079,604 + $405,188
$1,484,792
2021
$15,306 (+1.0%)
$1,058,435 + $397,244
$1,455,679
2020
$15,158 (+2.1%)
$1,037,682 + $389,455
$1,427,137
2019
$14,845 (+2.0%)
$1,027,042 + $385,462
$1,412,504
2018
$14,549 (+1.8%)
$1,006,904 + $377,904
$1,384,808
2017
$14,291 (+2.3%)
$967,804 + $363,231
$1,331,035
2016
$13,969 (+1.0%)
$967,804 + $363,231
$1,331,035
2015
$13,836 (+2.4%)
$948,828 + $356,109
$1,304,937
2014
$13,509 (+0.5%)
$916,269 + $343,890
$1,260,159
2013
$13,439 (+3.0%)
$916,269 + $343,890
$1,260,159
2012
$13,045 (+2.4%)
$912,128 + $342,336
$1,254,464
2011
$12,744 (+0.9%)
$894,243 + $335,624
$1,229,867
2010
$12,631
$876,708 + $329,044
$1,205,752
2009
$12,622 (+2.4%)
$870,156 + $326,585
$1,196,741
2008
$12,321
$872,224 + $327,361
$1,199,585
Tax history for 518 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2025
$16,518 (+1.6%)
$1,123,220 + $421,556
$1,544,776
2024
$16,255 (+2.4%)
$1,123,220 + $421,556
$1,544,776
2023
$15,872 (+1.7%)
$1,101,196 + $413,291
$1,514,487
2022
$15,605 (+2.0%)
$1,079,604 + $405,188
$1,484,792
2021
$15,306 (+1.0%)
$1,058,435 + $397,244
$1,455,679
2020
$15,158 (+2.1%)
$1,037,682 + $389,455
$1,427,137
2019
$14,845 (+2.0%)
$1,027,042 + $385,462
$1,412,504
2018
$14,549 (+1.8%)
$1,006,904 + $377,904
$1,384,808
2017
$14,291 (+2.3%)
$967,804 + $363,231
$1,331,035
2016
$13,969 (+1.0%)
$967,804 + $363,231
$1,331,035
2015
$13,836 (+2.4%)
$948,828 + $356,109
$1,304,937
2014
$13,509 (+0.5%)
$916,269 + $343,890
$1,260,159
2013
$13,439 (+3.0%)
$916,269 + $343,890
$1,260,159
2012
$13,045 (+2.4%)
$912,128 + $342,336
$1,254,464
2011
$12,744 (+0.9%)
$894,243 + $335,624
$1,229,867
2010
$12,631
$876,708 + $329,044
$1,205,752
2009
$12,622 (+2.4%)
$870,156 + $326,585
$1,196,741
2008
$12,321
$872,224 + $327,361
$1,199,585
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-1
Single-Unit Residential District
The R-1 zoning district is intended to provide for areas appropriate for a range of detached single-family residential dwelling units, each located on a single legal lot, and does not include condominiums or cooperative housing.
Permitted uses
Include but are not limited to:
Livestock production
Day care facility
Housing-Single unit
Housing-Senior
Infrastructure
Jul 31, 2023 • Final
Solar permit alteration
Install a solar photovoltaic system with panels on a single-family home.
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
Exterior
Exterior Information
Building Type: Single Family
Property Information
Subdivision Name: FIRST ADD
Living Sq. Ft: 2,779
Building Sq. Ft: 2,779
Legal Description: FIRST ADD TO NEWPORT HEIGHTS LOT 5 BLK 35 TR 256
Parking & Garage Information
Garage/Parking Sq. Ft: 643
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,375
Legal Lot Number: 5
Legal Block Number: 35
Acres: 0.1463
Depth Footage: 127
Front Footage: 50
County Use Description: SINGLE FAM RESIDENCE
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 3.5
Sq. Ft.: 2,779
Stories: —
Lot Size: 6,375 square feet
Style: Single Family Residential
Year Built: 1938
Year Renovated: 2004
County: Orange County
APN: 04903424
Home facts updated by county records on Oct 15, 2026
Around this home
Schools
Newport Heights Elementary School
Public K-6 • Assigned • 0.2mi
10/10
Horace Ensign Intermediate School
Public 7-8 • Assigned • 0.4mi
9/10
Newport Harbor High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Newport Beach is renowned for its stunning coastline, world-class harbor, luxury lifestyle, and vibrant waterfront community. With beautiful beaches, premier shopping and dining, top-rated schools, and year-round outdoor recreation, it offers an...