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Pet FriendlySituated in a desirable location, the residence includes a private entrance and luxurious amenities that enhance daily living. With soaring 10-foot ceilings and abundant storage, it offers both elegance and functionality, making it ideal for individuals seeking a blend of style and convenience. The built-in shelving and resort-style features further contribute to a sophisticated lifestyle.
Things you’ll love
Extra StorageFireplaceFitness centerGreat for
Work-from-home
Wellness
Pet ownersFeatures
| Air Conditioning | Carpet |
| Deck | Fireplace |
| Hardwood Floor | High Ceilings |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Fitness Center | Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space | Storage |
| Swimming Pool |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
| Lease terms | 12+ months |
|---|
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.
How 2501 Margaret Dr compares to other nearby properties.
Positives
| Neighborhood | Newport Heights |
|---|---|
| Zip code | 92663 |
| Type | House for rent |
Balboa Peninsula Point • 507 J St
4 Beds
$11,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Balboa Peninsula Point • 507 J St
4 Beds
$11,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4-bedroom apartments at 2501 Margaret Dr cost about 37% less than the average rent price for 4-bedroom apartments in Newport Beach.
| Month | Median Rent |
|---|---|
| November 2024 | $11,666 |
| December 2024 | $11,900 |
| January 2025 | $13,950 |
| February 2025 | $15,718 |
| March 2025 | $15,925 |
| April 2025 | $15,187 |
| May 2025 | $15,075 |
| June 2025 | $14,996 |
| July 2025 | $12,556 |
| August 2025 | $13,211 |
| September 2025 | $13,425 |
| October 2025 | $13,678 |
| November 2025 | $14,360 |
| December 2025 | $13,767 |
| January 2026 | $13,642 |
| February 2026 | $15,085 |
| March 2026 | $15,250 |
| April 2026 | $16,250 |
| May 2026 | $15,099 |
| June 2026 | $14,718 |
| July 2026 | $15,000 |
| August 2026 | $13,110 |
| September 2026 | $11,123 |
| October 2026 | $15,198 |
| Month | Median Rent |
|---|---|
| January 2025 | $20,000 |
| February 2025 | $20,000 |
| 11 months ago | $12,500 |
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