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413 29th St, Newport Beach, CA, 92663

3beds
5baths
3,324sqft
$5,295,000
$1,593price/sqft
$30,730/moest. monthly cost
$1,229,200/yrincome needed

About This Home

A rare offering in the heart of Newport Beach’s coveted Cannery Village, this exceptional Live/work mixed-use property presents a unique opportunity to own a sophisticated coastal residence paired with a detached commercial space—an increasingly scarce asset in one of Southern California’s most desirable waterfront communities. Designed by acclaimed Stearns Architecture for investors and owner-users alike, the property offers significant flexibility, with separate access, utilities, and climate control for both the residential and commercial spaces, allowing each to function independently. Designed with flexibility in mind, the property may be enjoyed as a single 3,324-square-foot live-work environment or configured to maximize income potential through two distinct spaces: a nearly 2,400-square-foot residential loft and a separate approx 1,000-square-foot commercial/mixed-use suite. Whether utilized as a private office, showroom, studio, wellness space, or income-producing asset, the commercial component offers a level of versatility rarely found in Newport Beach. The residential loft-style home showcases striking industrial-modern architecture, highlighted by soaring double-height ceilings, expansive open-concept living spaces, and abundant natural light. Thoughtfully designed interiors feature two luxurious primary suites with walk-in closets, a dramatic loft retreat, and a welcoming great room centered around a fully rebuilt fireplace backlit by LED lights for a cozy evening ambiance. Elevated finishes and custom craftsmanship are evident throughout, complemented by a remodeled kitchen with new Thermador and Viking professional-grade appliances, fully integrated Lighting/audio/video Savant Home system with separate systems on lower and upper unit, brand new zoned Air conditioning system, a private elevator servicing the residence and parking accommodations for multiple vehicles—an exceptional amenity in this highly sought-after neighborhood. Ideally positioned at the gateway to the Balboa Peninsula, residents enjoy immediate access to Newport Harbor, world-class beaches, and the vibrant dining, shopping, and waterfront experiences of Lido Marina Village.

Getting Around

92
WalkingWalker's Paradise
35
TransitSome Transit
72
BikeVery Bikeable

Schools

8/10
9/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Freezer,Gas Range,Refrigerator,Water Softener
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet

Bathroom

  • Features: Bathroom Exhaust Fan,Bathtub,Dual Sinks,Granite Counters,Separate Shower,Tub Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Balcony,Elevator,Granite Counters,High Ceilings,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Smart Home,Two Story Ceilings,Unfurnished,Wired for Sound,Loft
  • Door features: Sliding Doors
  • Window features: Blinds,Double Pane Windows
  • Flooring: Concrete,Tile,Wood
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Dual,High Efficiency

Interior Area

  • Total interior livable area: 3,324 sqft

Property

Details

  • Parcel number: 04704324
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Concrete,Covered
  • Exterior features: Fire Pit
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: Ocean,Peek-A-Boo
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 3,389 sqft
  • Features: Walkstreet
  • Lot size dimensions: 35 x 93

Parking

  • Total spaces: 5
  • Parking features: Assigned,Covered,Door-Single,Garage,On Site,Private,Garage Faces Rear,One Space
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 3
  • Uncovered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $26,774$321,288
Home Insurance *$420$5,040
Property Taxes $2,824$33,888
Electricity $712$8,553
Total$30,730$368,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,053,600/yr
40% on housing$921,900/yr
45% on housing$819,466/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,593This listing

vs Other Active Listings

Avg $/sqft

ZIP 92663$1,879
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92663$1,620
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-17Listed for sale$5,295,000
2024-03-08Sold$4,100,000
2022-10-08Listing removed--
2022-08-17Price change$10,000
2022-07-28Listed for rent$11,500
2009-09-26Listing removed$1,700,000
2009-08-27Listed for sale$1,700,000

For Sale by Agent

AgentJeremy Noel
BrokerageWind Water, Inc

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