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501 Aliso Ave, Newport Beach, CA, 92663

5beds
5baths
3,177sqft
$4,740,000
$1,492price/sqft
$29,243/moest. monthly cost
$1,169,720/yrincome needed

About This Home

Set in the heart of the highly sought-after Newport Heights, this reimagined GORGEOUS Family Home on corner lot. This home is ideally located within walking distance to Back Bay & Harbor, where you can enjoy serene waterside views and outdoor activities. Spacious floor plan, conducive to Gracious Living and Entertaining. 5 bedroom, 5 bath, 2 separate living areas. 2 bedrooms/2baths down and 2 bedrooms 2 baths up. 5th bedroom and bath is separate attached casita ideal for guests, extended family, home office, workout room, etc. or rental income potential. Built-in BBQ and fire pit on back patio. Beautiful Hardwood Floors. Lot's of kitchen counter space and plenty of cabinets. Inside laundry room. Copper rain gutters, security system. New paint inside & out. Conveniently located just moments from the renowned dining and yachting lifestyle of Mariners Mile, Newport Harbor, and the iconic beaches of the Newport Peninsula, the home is equally close to award-winning schools and the shops, dining, and amenities along 17th Street.

Getting Around

76
WalkingVery Walkable
32
TransitSome Transit
80
BikeVery Bikeable

Schools

9/10

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Raised,Slab
  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Gas Cooktop,Microwave
  • Laundry features: Laundry Chute,Inside,Laundry Room

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

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

Features

  • Block Walls,Eat-in Kitchen,Granite Counters,Recessed Lighting,Bedroom on Main Level,Primary Suite,Walk-In Closet(s)
  • Fireplace features: Family Room,Living Room,Primary Bedroom
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,177 sqft

Kitchen

  • Features: Granite Counters,Kitchen/Family Room Combo,Remodeled,Updated Kitchen

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 04904212
  • Special condition: Standard
  • Exclusions: Washer Dryer in Master closet,Sauna in master bedroom,Stairway chandelier

Features

  • Levels: Two
  • Stories: 2
  • Entry location: front
  • Pool features: None
  • Patio & porch: Open,Patio
  • Spa features: None
  • Fencing: Block
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,375 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Garage,Garage Door Opener,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
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 $23,968$287,616
Home Insurance *$376$4,512
Property Taxes $4,218$50,616
Electricity $681$8,175
Total$29,243$350,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,002,617/yr
40% on housing$877,290/yr
45% on housing$779,813/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

$1,492This listing

vs Other Active Listings

Avg $/sqft

ZIP 92663$1,880
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)

No zestimate history available

Price History

DateEventPrice
2026-06-02Listed for sale$4,740,000
2013-05-16Sold$1,750,000
2012-06-06Listing removed$6,500
2012-05-30Listed for rent$6,500
2012-02-06Listing removed$1,300,000
2011-02-07Listed for sale$1,300,000
2011-02-06Listing removed$5,500
2010-12-13Listed for rent$5,800
2010-06-16Sold$1,300,000
2010-04-07Listed for sale$1,350,000
2008-06-10Listing removed$1,929,000
2008-05-31Price change$1,929,000
2008-04-13Price change$1,999,000
2008-04-12Price change$1,999,999
2008-02-09Price change$2,199,000
2007-11-12Listed for sale$2,395,000
2005-03-29Sold$1,460,000
2004-03-23Sold$1,215,000

For Sale by Agent

AgentManny Stellino
BrokerageSurterre Properties Inc.

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