Sold
488 Prospect Street sold on April 9, 2021 for $1,525,000, at the asking price after 11 days on the market. The buyer financed the purchase. The details are below for reference.
488 Prospect Street, Newport Beach, CA 92663
- 3 beds
- 2 baths
- 1,414 sq ft
- 2,480 sq ft lot
- Built 1960
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$1,525,000
Subdivision Newport Shores
12 single-family homes sold in the past 12 months · median $2,420,000
The home
About 488 Prospect Street
This three bedroom, two bathroom home is located just blocks from one of Newport's finest beaches and in the highly sought after 400 block of Newport Shores. This home features cathedral ceilings, hardwood flooring, a fireplace, an open floor plan, and a private patio ideal for indoor/outdoor entertaining. The kitchen offers granite counters, a breakfast bar, and custom cabinetry. The master suite includes an ensuite bath, vaulted ceiling, and mirrored closets doors. Enjoy beach living as well as the amenities of the Newport Shores Community Association - pool, tennis, clubhouse, BBQ, and play areas.
Property details for 488 Prospect Street
This 3-bedroom, 2-bath single-family home sits in the Newport Shores neighborhood of Newport Beach in Orange County. It has 1,414 square feet of living space on a 2,480-square-foot lot. The home was built in 1960. The MLS record lists the assessor parcel number as 045-066-20. Highlights include a community pool, a fireplace, single-story living, an attached one-car garage, air conditioning, and traditional architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP21016607
- Year Built
- 1960
- Living Area (sq ft)
- 1,414
- Living Area Source
- Owner
- Lot Size (sq ft)
- 2,480
- Lot Size (acres)
- 0.0569
- Levels
- One
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 1
- Parking Spaces
- 2
- View
- Neighborhood
- HOA Dues
- $46
- HOA Frequency
- Monthly
- HOA Name
- Newport Shores Community Association
- Parcel Number
- 04506620
- On Market Date
- 2021-01-31
- Zoning
- R1
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Ceiling Fans, Cathedral Ceilings, Separate Formal Dining Room
- Appliances
- Built In Range
- Heating
- Central
- Cooling
- Zoned
- Fireplace
- Living Room
- Laundry
- In Garage
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 2
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Traditional
- Exterior Features
- Barbecue
- Lot Features
- Close To Clubhouse
- Patio and Porch
- Enclosed
- Parking
- Carport, Garage
- Pool Features
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Underground Utilities
- Units
- 1
Community Features
- Subdivision
- Newport Shores (NEWS)
- Community Features
- Biking, Park, Sidewalks
- Association Amenities
- Sport Court, Barbecue, Picnic Area, Playground, Pool, Tennis Courts
The record
Property History for 488 Prospect Street
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 9, 2021 | Sold | $1,525,000 | |
| Feb 11, 2021 | Status changed to Active Under Contract | From Active | |
| Jan 31, 2021 | Status changed to Active | From Coming Soon | |
| Jan 31, 2021 | Listed for sale | $1,525,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 488 Prospect Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0264K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 213 of 255 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 255. Cable: Spectrum, up to 1,000 Mbps, at 252 of 255.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590636032000, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.7 miles away (ChargePoint, 2 Level 2 ports). 130 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
488 Prospect Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 488 Prospect Street
Thinking of selling nearby? We bring current Newport Shores sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Shores home sales, past 12 months
- Homes sold
- 12
- Median price
- $2,420,000
- Median days on market
- 32
- Median per sq ft
- $1,480
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Newport Shores sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 238 Walnut Street | Oct 28, 2026 | $2,395,000 | 1,719 | $1,393 | 111 |
| 331 Walnut Street | Oct 26, 2026 | $2,790,000 | 2,546 | $1,096 | 95 |
| 327 62nd Street | Aug 28, 2026 | $2,445,000 | 1,477 | $1,655 | 168 |
| 258 Walnut | Jun 5, 2026 | $2,325,000 | 1,348 | $1,725 | 54 |
| 468 Prospect Street | Jun 2, 2026 | $1,800,000 | 1,167 | $1,542 | 4 |
See 2 homes for sale in Newport Shores Newport Beach housing market
Schools
Schools for 488 Prospect Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Tori Rimlinger of Compass
Listing information updated Apr 30, 2021 at 10:18 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.