Dogs at play !
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20292 RIVERSIDE, Newport Beach, CA 92660

$2.85M4bd · 2ba · 2,034 sqft
Lot 8,105 sqft•Single Family Residence•
Active
•16d on market•MLS# NP-26022321

Property Description

Rare Residential Kennel / Live-Work Opportunity...Adult/ child daycare ( see Supplements) .....or ???This property offers a unique live-work opportunity within one of Newport Beach’s most distinctive and little-known enclaves — Riverside Drive, a corridor recognized for its concentration of residential dog kennels and pet-focused businesses. Ideal for owner-operators, breeders, trainers, or entrepreneurs, the residence includes an established kennel operation designed for flexibility and scalability.The kennel setup supports multiple styles of care: dogs may run free in secure outdoor areas or be housed in individual pens with structured exercise, grooming, and handling routines. The layout is well-suited for boarding, breeding, training, grooming, daycare, or private use for show or personal dogs, allowing a future owner to tailor services to their preferred model. Riverside Drive is known among pet professionals as a functional and proven environment for kennel operations, with neighboring properties offering a range of licensed services, run counts, and specialty uses. Having successfully sold multiple residential kennel properties on this street, there is demonstrated buyer demand for this rare combination of residence and business potential.The investment appeal is underscored by the strength of the industry itself. The U.S. pet industry generates approximately $147 billion annually, with continued growth driven by premium boarding, grooming, training, and wellness services as pets are increasingly treated as family members.Whether operated as a private kennel for breeding or showing, or expanded into a full-service entrepreneurial venture, this property represents a rare asset — combining lifestyle, income potential, and long-term relevance in a resilient, high-growth sector.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
View
None
Flooring
Vinyl, Carpet, Wood
Roof
Composition
City
Newport Beach
Zip Code
92660
County
Orange
Listed byCompass, Coleen Brennan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$14,411.15
Principal & Interest
Loan Amount
$2,280,000
Total Interest
$2,908,014
Total Payment Over 30 Years
$5,188,014
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

20292 RIVERSIDE, Newport Beach, CA 92660

Newport Beach · Single Family Residence

$2.85M
Luxury Tier
Beds
4
Baths
2
Sqft
2,034
Lot
8,105 sqft
Year
1955
$/Sqft
$1401
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 23.9% below the median closed sale of $3,747,500. Price per sqft ($1,401) is a 27% discount to closed comps ($1,912). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.85M· $1,401/sqft
Total list price
Closed comps
vs closed median $3.75M
−$898K (−23.9%)
Active comps
vs active median $4.35M
−$1.50M (−34.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,477
−$1K (−43.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
327 Santa IsabelNewport Beach1958332,1437,200$1,211$2.60M1788
300 Holmwood DriveNewport Beach1950321,5867,215$2,333$3.70M24084
412 Evening StarNewport Beach1964332,0466,000$3,739$7.65M7684
1221 Kings RoadNewport Beach1952321,85111,050$3,187$5.90M19681
1921 Yacht ColiniaNewport Beach1977332,2726,375$1,915$4.35M9680
Total: 5 · Average3.02.61,979.67,568$2,477$4.84M125
Median2,046$4.35M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
926 Bellis StreetNewport Beach196409/28/2026432,1237,848$4.00M$3.75M$1,7650.947393
1844 Newport HillsNewport Beach197109/11/2026321,7148,100$4.59M$4.45M$2,5960.974889
2001 Yacht MischiefNewport Beach197709/29/2026322,0129,741$3.50M$3.15M$1,5660.904788
927 Bellis StreetNewport Beach196410/05/2026332,1016,882$4.00M$4.05M$1,9301.013887
416 Aliso AvenueNewport Beach195409/18/2026321,8306,375$3.29M$3.12M$1,7050.9511287
Total: 5 · Average3.22.41,9567,789.2$3.70M$3.70M$1,912.4—63.6
Median2,012$3.75M$3.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.