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514 Westminster Ave, Newport Beach, CA, 92663

4beds
6baths
5,152sqft
$5,688,000
$1,104price/sqft
$35,327/moest. monthly cost
$1,413,080/yrincome needed

About This Home

514 Westminster experience sophisticated beautiful Newport Heights home with elegance in this exceptional 5,152 -square foot residence nestled in the coveted Newport Heights neighborhood. This exquisite four-bedroom, five-bathroom home offers soaring ceilings, timeless architectural details, and an effortless blend of luxury and comfort. Designed for exceptional indoor-outdoor living, the private patio is an entertainer's dream, featuring a built -in barbecue, authentic pizza oven, and inviting outdoor seating areas perfect for year round gatherings. The opulent chef's kitchen showcases rich granite countertops, abundant custom cabinetry, premium finishes, and generous workspace, creating the perfect setting for both everyday living and elegant entertaining. A finished three-car garage, along with additional off-street parking for several vehicles, provides exceptional convenience. Ideally located just moments from Newport Beach's renowned beaches, premier shopping, fine dining, and award-winning schools, this extraordinary residence offers the very best of the Newport Heights lifestyle. Every room has an en-suite including the office that can be converted into a 5th bedroom.

Getting Around

82
WalkingVery Walkable
38
TransitSome Transit
64
BikeBikeable

Schools

9/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2004

Materials

  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Built-In Range,Double Oven,Dishwasher,Gas Oven,Gas Range,Refrigerator,Vented Exhaust Fan
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathtub,Closet,Dual Sinks,Jetted Tub,Stone Counters,Soaking Tub,Vanity,Walk-In Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Built-in Features,Balcony,Crown Molding,Coffered Ceiling(s),Granite Counters,Pantry,Recessed Lighting,Bedroom on Main Level,Walk-In Pantry,Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Stone
  • Fireplace features: Family Room,Gas,Living Room,Primary Bedroom,Outside,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total interior livable area: 5,152 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island,Walk-In Pantry

Other

  • Features: Walk-In Closet(s)

Pantry

  • Features: Walk-In Pantry

Property

Details

  • Parcel number: 42509225
  • Special condition: Standard
  • Exclusions: chandelier in dining room,washer and dryer,televisions with brackets workout equipment

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1/1
  • Pool features: None
  • Patio & porch: Concrete,Open,Patio,Stone
  • Spa features: None

Lot

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

Parking

  • Total spaces: 3
  • Parking features: Door-Multi,Direct Access,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $28,761$345,132
Home Insurance *$451$5,412
Property Taxes $5,011$60,132
Electricity $1,104$13,257
Total$35,327$423,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,211,211/yr
40% on housing$1,059,810/yr
45% on housing$942,053/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

$1,104This listing

vs Other Active Listings

Avg $/sqft

ZIP 92663$1,885
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
2026-07-24Listed for sale$5,688,000
2024-08-28Sold$3,950,000
2024-08-14Pending sale$3,950,000
2024-07-28Contingent$3,950,000
2024-06-04Price change$3,950,000
2024-04-19Price change$4,100,000
2024-02-22Listed for sale$4,250,000
2023-08-30Listing removed--
2023-07-17Listed for rent$15,000
2023-06-09Listing removed--
2023-03-23Price change$18,500
2023-03-02Price change$14,000
2023-02-05Listed for rent$20,000
2021-07-14Listing removed--
2021-05-19Listed for rent$20,000
2018-06-13Listing removed$2,788,888
2017-12-15Price change$2,788,888
2017-07-06Listed for sale$2,888,888
2016-12-06Listing removed$2,995,000
2016-06-24Price change$2,995,000
2016-05-05Listed for sale$3,150,000
2007-07-12Sold$3,100,000
2005-11-29Sold$2,500,000

For Sale by Agent

AgentJanet Anderson
BrokerageGerald T Henberger, Broker

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