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Property Description
This exquisite custom-built residence showcases four bedrooms and three-and-a-half bathrooms, plus a flexible interior suite ideal as a guest retreat, private gym, or executive office. With the option to create a fifth bedroom, the home offers approximately 3,950 square feet of refined living space, thoughtfully updated during a 2010 renovation.
Blending timeless Mediterranean architecture with modern coastal sophistication, the home is gracefully centered around a private interior courtyard-inviting natural light and creating a seamless sense of privacy and connection between living spaces.
Inside, you'll find soaring 10-foot ceilings, rich hickory and travertine flooring, and custom millwork throughout.
The main level hosts a spacious primary suite complete with a fireplace, a spa-inspired bath, and French doors that open directly to the secluded backyard pool and spa-perfect for quiet relaxation or effortless entertaining.
A versatile front wing with a private entrance and full bath offers endless possibilities as a guest suite, while an additional interior room with an ensuite bath provides the flexibility for a fifth bedroom, gym, or office. Upstairs, two generous bedrooms and a loft-style retreat offer inviting spaces for study, play, or unwinding.
At the heart of the home, the chef's kitchen impresses with a Bluestar eight-burner range, Sub-Zero refrigerator, Thermador dishwasher, and Monogram refrigerator drawers. A butler's pantry with granite island, secondary freezer, and abundant storage ensures hosting is both elegant and effortless.
Additional highlights include a spacious laundry room with extensive cabinetry and a fully finished garage featuring built-in shelving and organization.
Perfectly positioned near three top-rated Newport Beach schools-including Ensign Intermediate and Newport Harbor High-this exceptional property also offers easy access to Upper Newport Bay Nature Preserve, Fashion Island, Balboa Island, and the 17th Street district.
With its refined design, resort-style amenities, and unmistakable coastal charm, this stunning villa captures the very best of luxury living in Newport Beach.
Full Property Details
Full Property Details for 2501 Margaret Dr
General
- Rent: $12,500
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: OC25237145
- Added to Site: 99 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months, Negotiable
Interior
- Rooms/Areas: Bonus Room, Exercise Room, Foyer, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Sun, Walk-In Closet, Walk-In Pantry
- Fireplace: Yes
- Fireplace(s): Dining Room, Family Room, Primary Bedroom
- Eating Areas: Breakfast Counter/Bar, Dining Room
- Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Dryer Included, Individual Room, Washer Included
Additional Information
- Pool: Yes
- Pool Description: Private, In-Ground, Pool Cover
- Spa Description: In-Ground
Exterior
- Deck/Patio: Concrete, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport Spaces: 2
- Parking: Garage (Direct Access)
Location
- County: Orange
- Subdivision: Newport Heights (NEWH)
- Driving Directions: turn right off Margaret Street onto irvine
School Information
- School District: Newport Mesa Unified
Community
- Mgmt. Company: Harcourts Property Management
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Other
Structural Information
- Common Walls: No Common Walls
- Entry Floor Number: 1
- Entry Location: ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,950
- Sq. Ft. Source: Seller
- Year Built: 1954
Lot Features
- Property View: Courtyard, Pool
- Lot Size (Acres): 0.2057
- Lot Size (Sq. Ft.): 8,960
- Lot Size Source: Estimated
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $3.16
- Security Deposit: $20,000
- Pet Deposit: $1,200
- Terms: 12 Months, Negotiable
Listed by Harcourts Property Management, Carlene Murdoch
Sold by None MRML, NONE NONE
Schools
Schools serving 2501 Margaret Dr
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Heights Elementary School 300 East 15th Street, Newport Beach, CA 92663 | K-6 | 0.3 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 0.4 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 2501 Margaret Dr
Date
Details
Price
Change
Source
12/01/2025
Sold
$12,500
—
MLS
10/10/2025
Listed
$12,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2501 Margaret Drive, Newport Beach, CA 92663 (MLS# OC25237145) is a Single Family property that was sold at $12,500 on December 01, 2025. Want to learn more about 2501 Margaret Drive? Do you have questions about finding other real estate for sale or rent in Cliffhaven/Newport Heights? You can browse all Cliffhaven/Newport Heights rentals or contact a Coldwell Banker agent to request more information.

