503 L Street, Newport Beach, CA 92661
Single-family home
For sale now
503 L Street is on the market at $8,495,000 (4 bd · 6 ba · 3,577 sqft). See the current listing →
Sold November 2019
Listing Agent: Kimberly Bibb (DRE #01210754) · Listing Office: Villa Real Estate · Contact: 949-717-6000 · Bought with: Kimberly Bibb · Villa Real Estate · MLS #NP19024759 · Source: CRMLS
How this sale compares
503 L Street sold for $3,750,000 in November 2019, 6.1% under its $3,995,000 list price, after 241 days on the market. It was first listed at $4,295,000. That works out to $1,191 per square foot on 3,148 square feet. Across 33 closed sales in 92661 over the last 12 months, the median sold price is $5,770,000 and the median is $2,540 per square foot — 113% above this sale's $1,191. 4-bedroom rentals in 92661 currently list at a median of $22,000 a month (23 listings).
| Quarter | Closed sales in 92661 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $5,350,000 |
| Q2 2026 | 15 | $6,700,000 |
| Q3 2026 | 14 | $4,400,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661
About this single-family home
Tranquil seaside living awaits at this remarkable brand new Peninsula Point residence, within just a few houses of the Bay. Upon entry, a California coastal farmhouse vibe can be felt throughout the main level great room, offering a large open floor plan and high ceilings. 503 L Street spans 3 levels and offers four bedrooms plus a bonus room and four and a half bathrooms. Every detail throughout has been carefully considered and hand-selected, from the location of the elevator, to the marble counter tops, designer finishes and Warren Christopher European Oak wood floor. The gourmet kitchen features an abundance of custom cabinetry, a full height backsplash, Wolf appliances and a Sub-Zero custom panel built-in refrigerator. The private master retreat boasts a cozy fireplace, view balcony, and a beautiful large master bathroom. A third floor “California Room” provides the ideal entertaining space complete with a wet bar and access to the roof top deck. It is the perfect place to enjoy the ocean breeze while taking in the city lights and views. A 2-car garage completes this one of a kind new construction opportunity by Rincon Homes.
Listing description from the November 2019 sale, as reported to CRMLS.
Sale history
Recent sales near 503 L Street
- 1701 E Balboa Boulevard — Sold $6,700,000 · 5 bd · 6 ba · 3,963 sqft · May 2026 · 0.0 mi
- 1703 Plaza Del Sur 2 — Sold $879,000 · 4 bd · 5 ba · 3,117 sqft · Jul 2026 · 0.1 mi
- 1519 E Bay — Sold $19,000,000 · 4 bd · 6 ba · 3,191 sqft · Jun 2026 · 0.1 mi
- 1585 Miramar — Sold $4,050,000 · 4 bd · 3 ba · 2,630 sqft · May 2026 · 0.1 mi
- 1574 E Ocean — Sold $3,400,000 · 2 bd · 2 ba · 1,031 sqft · Apr 2026 · 0.1 mi
- 1585 E Ocean — Sold $7,300,000 · 5 bd · 5 ba · 4,084 sqft · Jan 2026 · 0.1 mi
- 1909 E Bay Ave — Sold $14,400,000 · 4 bd · 4 ba · 3,558 sqft · Jan 2026 · 0.1 mi
- 1589 E Ocean Boulevard — Sold $4,000,000 · 4 bd · 5 ba · 3,052 sqft · Aug 2026 · 0.1 mi
MLS-reported closed sales in 92661, nearest first (last 12 months). All recent sales in Newport Beach →
Questions about 503 L Street
When did 503 L Street last sell?
503 L Street last sold in November 2019 for $3,750,000, according to CRMLS-reported closed sales.
What did 503 L Street sell for?
$3,750,000, 6.1% below the $3,995,000 list price, after 241 days on the market — about $1,191 per square foot.
How does that compare to other Newport Beach sales?
33 homes closed in ZIP 92661 over the last 12 months at a median of $5,770,000 ($2,540 per square foot). This sale was $1,191 per square foot.
Is 503 L Street for sale now?
Yes — 503 L Street is currently on the market at $8,495,000. Open the current listing on Nalren for photos, details and the listing agent.
What do 4-bedroom homes rent for in 92661?
4-bedroom rentals in 92661 currently list at a median of $22,000 per month across 23 listings on Nalren.