First time on the market in over 40 years! A rare opportunity in Newport Beach! This wonderful Upper Back Bay/Santa Ana Heights home sits on a large 7,200 square foot flat rectangular lot with spacious backyard and five bedrooms and at 2,563 square feet and two stories, there is plenty of space for the whole family. Ready for remodeling, the new owner can make this traditional family home their own. The ground floor features a large bedroom and 3/4 bathroom shared with guests, a dining room, formal living room, family room, kitchen and attached 2 car garage. The 2nd floor features 3 guest bedrooms, a shared bathroom, and master suite with walk-in closet. The large backyard is the perfect size for entertaining guests with mature fruit trees and plenty of space. This home is centrally located with close proximity to John Wayne Airport, South Coast Plaza, Back Bay Nature Preserve, hiking trails, freeway access, and the beach.