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520 Iris Avenue

Newport Beach CA 92625

6
4
2
3649 sq. ft.
3485 sq. ft.
Duplex
Currently for sale - view listing

Overview

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Reimagined in 2023 with meticulous attention to detail, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply can’t be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 10-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, don’t miss your chance to own it.

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3649 sq. ft. floor area
3485 sq. ft. lot size
Duplex

Property history for 520 Iris Avenue

2023
Sold
$4,850,000
29 Sep 2023
2023
Sold
$4,850,000
29 Sep 2023
2021
Sold
$2,500,000
02 Aug 2021 by Steven Mastropaolo, of The Address, Inc

Happy sellers in Newport Beach

100%
100% of sellers in Newport Beach reported that their sale price either exceeded or met their price expectations.

Newport Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Newport Beach over the last 12 months.

Local market activity for 6 bedroom duplexes in Newport Beach

In the last 12 months, 1 six-bedroom duplex similar to 520 Iris Avenue, have been sold.

This represents a 67% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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