1738 Miramar Drive, Newport Beach, California 92661, Newport Beach, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,895,000
1738 Miramar Drive, Newport Beach, California 92661
2Beds
2Baths
1,125Sqft
3,252Lot
Year Built
1954
Close
-
List price
$3.9M
Original List price
$4.09M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25191073
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Tucked away on one of Peninsula Point’s most peaceful streets, this Mid-Century modern beach bungalow presents a rare opportunity to enjoy coastal living with style, space, and possibility. Set on an oversized, 3,252 sft lot on Miramar Drive, the home blends timeless architectural lines with thoughtful interior updates, offering an inviting retreat just moments from both the sand and the bay. Light-filled interiors highlight the clean design and effortless flow mid-century homes are known for, creating a relaxed backdrop for everyday living and entertaining. Outdoors, generous patio spaces provide a private setting for gatherings, play, or future expansion. Parking is a breeze with a two-car garage, separate workshop area, and gated pad for hassle-free golf cart parking. Beyond the property, Peninsula Point embodies the very best of Newport Beach living. Residents enjoy a unique sense of community along with access to the neighborhood bay beach, private tennis club, and proximity to the boardwalk for biking and strolling. World-famous surf at The Wedge is just around the corner, while the harbor, Balboa Village, and Peninsula dining are all within easy reach. With its prime location, oversized lot, and the enduring appeal of Mid-Century modern design, this home is move-in ready today while also offering endless opportunities to reimagine your dream coastal retreat in one of Newport Beach’s most treasured communities.

Nearby schools

9/10
Newport Elementary School
Public,PK-61.9mi
7/10
Horace Ensign Intermediate School
Public,7-82.2mi
7/10
Newport Harbor High School
Public,9-122.3mi

Price History

Date
Event
Price
10/01/25
Price Change
$3,895,000-4.9%
08/28/25
Listing
$4,095,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds23
20%
Baths24
28%
Square foot1,1252,548
16%
Lot Size3,2522,660
68%
Price$3.9M$6.5M
32%
Price per square foot$3,462$2,912
72%
Built year19541991
28%
HOA
Days on market68203
16%
Condition Rating
Good

This 1954 Mid-Century modern bungalow has undergone thoughtful and extensive interior updates, making it move-in ready. The visible areas showcase new hardwood flooring, modern light fixtures, and a fully renovated bathroom with contemporary vanity, tile, and glass shower doors. The overall aesthetic is clean, stylish, and consistent with current design trends. While the kitchen was not pictured, the description and the high quality of other updated spaces suggest it has also been brought to a similar modern standard. The property appears well-maintained with no immediate repairs needed, aligning with a 'Good' condition score, indicating an extensive renovation likely within the last 5-15 years.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Peninsula Point, offering immediate access to both the sand and the bay, world-famous surf at The Wedge, and proximity to the harbor, Balboa Village, and dining.
Oversized Lot with Expansion Potential: Set on a generous 3,252 sqft lot, which is considered oversized for the area, providing ample outdoor patio space and significant potential for future expansion or customization.
Exceptional Parking Solutions: Features a two-car garage, a separate workshop area, and a gated pad specifically for golf cart parking, a rare and highly valuable amenity in a dense beach community.
Mid-Century Modern Charm: The home boasts timeless Mid-Century modern architectural lines with thoughtful interior updates, offering a light-filled, clean design that appeals to a specific aesthetic.
Exclusive Community Lifestyle: Residents benefit from a unique sense of community, access to a neighborhood bay beach, a private tennis club, and the boardwalk, enhancing the overall coastal living experience.

Cons

Modest Interior Square Footage: With only 1125 sqft of living space, the interior is relatively small for a property at this price point in Newport Beach, potentially limiting appeal for buyers seeking more expansive living areas.
Older Construction & Potential Updates: Built in 1954, despite interior updates, the underlying infrastructure may be original or require significant future investment in systems (e.g., plumbing, electrical, HVAC) to meet modern standards, as hinted by 'opportunities to reimagine'.
Non-Premium View: While the property has a 'Neighborhood' view, it lacks the highly coveted direct ocean, bay, or harbor views often expected and valued in this exclusive coastal market, which could be a drawback for some buyers.

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