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Sophisticated Mediterranean Villa in Newport Heights

$12,500.00 USD / Month

2501 Margaret Drive
Newport Beach, CA 92663

Single Family Home

4 bd

4 ba

3950 sqft

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Property Description

This exquisite custom-built residence features four bedrooms and three and a half bathrooms, along with an interior suite that offers versatility as a guest retreat, private gym, or executive office. There is also the potential to create a fifth bedroom if desired, all within approximately 3,950 square feet of refined living space, thoughtfully updated in a 2010 renovation.

Blending timeless Mediterranean architecture with contemporary coastal elegance, this home is centered around a private interior courtyard, creating a beautiful sense of light, privacy, and connection between living spaces.

Step inside to discover 10-foot ceilings, hickory and travertine flooring, and custom millwork throughout.

The main level features a spacious primary suite with a fireplace, a luxurious spa-inspired bath, and French doors opening directly to the private backyard pool and spa, fully secluded from neighbors and ideal for relaxing or entertaining.

A versatile front wing with its own entrance and full bath offers endless possibilities as a guest suite, while an additional interior room with an attached bath provides flexibility for a fifth bedroom, gym, or office. Upstairs, two generous bedrooms and a loft-style retreat offer inviting spaces for study, play, or relaxation.

At the heart of the home, the chef’s kitchen is a statement of sophistication, featuring a Bluestar eight-burner range, Sub-Zero refrigerator, Thermador dishwasher, and Monogram refrigerator drawers. A butler’s pantry with a secondary freezer, granite island, and abundant storage ensures entertaining is both effortless and elegant.

Additional highlights include a laundry room with extensive cabinetry and storage, and a garage fully equipped with built-in shelving and cabinetry for organization and functionality.

Perfectly situated between three top-rated Newport Beach schools: elementary, middle, and high school, including Ensign and Newport Harbor, 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 coastal charm, this stunning villa embodies luxury living at its finest in Newport Beach.

Lot Size: 8960 acres
Included Utilities: Landscaping, Pool Service
Year Built: 1954

Restrictions

Dogs Accepted: Yes
Cats Accepted: Yes
Pet Details: Pets Considered
Smoking Allowed: No

Lease Details

Available: Immediately
Security Deposit: $20,000.00
Deposit Details: One Month Rent
Lease Details: 12 Month Lease
Housing Assistance

Area Information

Area Information: Centered between three Newport Beach Schools. Middle high school and elementary, including Ensign and Newport Harbor
Schools: Ensign and Newport Harbor

Parking

Parking Type: Detached Garage
Spaces Available: 2

Listing Agent

Agent: Harcourts Property Management
Phone: (949) 374-0266

Listing Files

Amenities

Air Conditioning

Ceiling Fan

Courtyard

Dryer

Fireplace

Fully Fenced Yard

Garage

Jetted Tub

Off Street Parking

Storage

Walk In Closet(s)

Washer

Flooring

Carpet

Ceramic Tile

Hardwood

Kitchen

Dishwasher

Disposal

Double Oven

Freezer

Gas Cooktop

Gas Stove

Granite Counters

Island

Microwave

Oven

Pantry

Range Hood

Sub-zero fridge/freezer

Trash Compactor

Outdoor

Courtyard

Hot Tub or Spa

Jacuzzi

Landscaping

Outdoor Entertaining Area

Patio

Pool Service

Swimming Pool

Rooms

2nd Bedroom

3rd Bedroom

4th Bedroom

Bonus Room

Double Sinks

Ensuite

Exercise Room

Family Room

First Floor Suite

Foyer

Guest Suite

Laundry Room

Living Room

Main Floor Bedroom

Master Bedroom

Master Suite

Office

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(949) 374-0266