1 Cormorant Circle, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath
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Newport Beach, California 92660
This Single Family Residence represents a Strong Value Opportunity, listed at $1,850,000—positioned well above the $1,739,659 Fair Market Value by 6%. While the property requires cosmetic updates to its Condition Rating of 4, it offers significant potential for personalization. Located in the prestigious Bayview Terrace community near top-rated schools like Eastbluff Elementary, this home features a private wraparound yard and soaring high ceilings. It is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or Value-Add Investors looking to modernize a prime asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Cormorant Circle Subject | $1,850,000* List Price | 3 | 3 | 1,739 | $1,000 | - |
A 2701 Vista Umbrosa Sold | $1,825,000 | 3 | 2 | 1,642 | $1,111 | 0.8 mi |
B 306 Vista Trucha Sold | $2,100,000 | 3 | 3 | 2,155 | $974 | 1.0 mi |
C 443 Vista Parada Active Under Contract | $1,875,000 List Price | 2 | 2 | 1,862 | $1,007 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (38 years old) and, while exceptionally well-maintained with newer laminate flooring and fresh paint, the kitchen and bathrooms remain dated with original oak cabinetry and white tile countertops. It is move-in ready but requires cosmetic updates to the primary systems and wet areas to meet modern standards.
Situated in the prestigious gate-secured Bayview Terrace community, the property offers immediate access to the Back Bay trails and the high-end lifestyle of Newport Beach.
As a detached single-family residence on a corner lot, this home provides enhanced privacy and a wraparound yard that is rare for properties of this size in the area.
The interior features soaring high ceilings and an open-concept floor plan that maximizes natural light, creating a sense of space and luxury that exceeds its 1,739 square footage.
With a list price of $1.85M for 1,739 square feet, the property commands a high price-per-square-foot that may challenge buyers looking for more interior living space at this valuation.
Built in 1986, the home may require updates to major systems or cosmetic finishes to meet the contemporary standards expected by modern luxury buyers in this competitive market.
Welcome to 1 Cormorant Circle, a beautifully situated single-family residence nestled in the highly sought-after, gate-secured community of Bayview Terrace, steps away from the Back Bay. Offering the perfect blend of coastal sophistication and low-maintenance luxury, this light-filled detached home features three bedrooms, two-and-one half bathrooms, and approximately 1,739 square feet of pristine living space. Enter to discover soaring high ceilings and an expansive, open-concept floor plan designed for effortless indoor-outdoor living. The inviting family room, complete with a cozy fireplace, flows seamlessly into the kitchen area, while the formal living and dining spaces offer an elegant backdrop for hosting guests. Upstairs, the primary suite serves as a peaceful sanctuary, complete with ample closet space and private appeal. Outside, the private wraparound yard and patio present a serene oasis for year-round entertaining. Positioned on a corner lot with an attached two-car garage, this home provides ultimate privacy and convenience.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades PK-6 • 2.6 mi
Grades 7-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 1,739 | 2,868 |
| Lot Size | 3,500 | 6,914 |
| Price | $1.85M | $4.44M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1986 | 1970 |
| HOA | $295.0 | $430 |
| Days on market | 16 | 59 |
Jul 6, 2026
$1,850,000
Initial Listing