1010 Kings Road, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 6 bath

1010 Kings Road, Newport Beach, California 92663 home-pic-0
ACTIVE$13,495,000
1010 Kings Road, Newport Beach, California 92663
6Beds
6Baths
6,654Sqft
7,083Lot

Price Vs. Estimate

The estimated value ($10,690,850.49) is $2,804,149.51 (20%) lower than the list price ($13,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unobstructed Panoramic Views: The property offers breathtaking, unobstructed panoramic views of the ocean, bay, beach, Fashion Island, and Newport Coast from multiple levels and rooms, providing a significant luxury appeal.
Top Cons:
Significant Price Discrepancy: The current listing price is 20% higher than the property's estimated market value, which may present a challenge in attracting buyers at the desired price point.

Compared to the nearby listings

Price:$13.49M vs avg $4.45M (+$9,045,000)97%
Size:6,654 sqft vs avg 2,456 sqft99%
Price/sqft:$2.0K vs avg $1.8K62%

More Insights

Built in 1997 (28 years old).
Condition: This property was fully renovated in 2022, making it virtually new in terms of its interior and systems, aligning perfectly with the 'extensively renovated within 5 years' criterion. The images showcase a stunning architectural contemporary design with high-end finishes, modern kitchens featuring sleek cabinetry, premium appliances, and waterfall countertops, and luxurious bathrooms with contemporary fixtures and large format tiles. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance. The smart home features and overall aesthetic confirm its excellent condition.
Year Built
1997
Close
-
List price
$13.49M
Original List price
$13.49M
Price/Sqft
$2,028
HOA
-
Days on market
-
Sold On
-
MLS number
NP25119548
Home ConditionExcellent
Features
Excellent View: Bay, Catalina, City Lights, Coastline, Harbor, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water
Deck
Pool
Spa
Patio
ViewBay,Catalina,City Lights,Coastline,Harbor,Hills,Mountain(s),Neighborhood,Ocean,Panoramic,Pier,Water

About this home

Nestled in the exclusive enclave of Kings Road in Newport Heights, Newport Beach, this stunning architectural contemporary home is a true masterpiece. Fully renovated in 2022, it boasts unobstructed panoramic views that stretch across the ocean, bay, beach, Fashion Island, and Newport Coast. With two levels of breathtaking vistas and a 180-degree view-oriented frontage, this home offers the ultimate in coastal living. The expansive backyard enhances this incredible property, providing a spacious, private outdoor retreat. Perfect for both casual and grand entertaining, it features a saltwater pool and spa, a built-in BBQ, a cozy living and dining area with a fireplace, and ample space to relax while taking in the stunning surroundings. The home's open floor plan seamlessly blends indoor and outdoor living, with a moving wall of glass that connects the interior to the exterior for an unparalleled entertaining experience. The upper level offers a luxurious master retreat and additional bedrooms, each with views that invite relaxation. Meanwhile, the second level showcases a full kitchen, a wet bar, a 360-bottle wine cooler, and a second master retreat with its own private patio and commanding panoramic views. The lower level adds convenience with a bedroom ensuite, laundry room, and a 4-car garage. Smart home features, including the Crestron Automation system, ensure that every aspect of this home, from lighting and temperature to entertainment, can be controlled with ease. Just a short walk from dining and shopping, and only minutes to the beach, Balboa Bay Club, and Fashion Island, this home offers the best of coastal living with all the modern amenities you could desire. The breathtaking views and serene backyard make this property an idyllic retreat in the heart of Newport Beach.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.8mi
7/10
Horace Ensign Intermediate School
Public,7-80.2mi
7/10
Newport Harbor High School
Public,9-120.5mi
Condition Rating
Excellent

This property was fully renovated in 2022, making it virtually new in terms of its interior and systems, aligning perfectly with the 'extensively renovated within 5 years' criterion. The images showcase a stunning architectural contemporary design with high-end finishes, modern kitchens featuring sleek cabinetry, premium appliances, and waterfall countertops, and luxurious bathrooms with contemporary fixtures and large format tiles. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance. The smart home features and overall aesthetic confirm its excellent condition.
Pros & Cons

Pros

Unobstructed Panoramic Views: The property offers breathtaking, unobstructed panoramic views of the ocean, bay, beach, Fashion Island, and Newport Coast from multiple levels and rooms, providing a significant luxury appeal.
Prime Location & Exclusivity: Situated in the exclusive Kings Road enclave of Newport Heights, the home boasts proximity to dining, shopping, beaches, Balboa Bay Club, and Fashion Island, offering unparalleled convenience and prestige.
Extensive Renovation & Smart Home Integration: Fully renovated in 2022, this architectural contemporary home features modern aesthetics and functionality, complemented by a Crestron Automation system for seamless control of various home features.
Exceptional Indoor/Outdoor Entertaining: Designed for grand entertaining, the property includes an expansive backyard with a saltwater pool, spa, built-in BBQ, and a moving wall of glass that seamlessly connects the open-concept interior to the outdoor living spaces.
Versatile Multi-Level Living: The home offers a flexible layout with dual master retreats, a full second kitchen, wet bar, and a 360-bottle wine cooler on the second level, catering to diverse living arrangements or extensive guest accommodation.

Cons

Significant Price Discrepancy: The current listing price is 20% higher than the property's estimated market value, which may present a challenge in attracting buyers at the desired price point.
Original Construction Age: Despite a comprehensive 2022 renovation, the home's original build year of 1997 might be a consideration for luxury buyers seeking brand-new construction, especially when compared to newer properties in the immediate vicinity.
Lot Size Relative to Home Footprint: With a 6654 sqft home on a 7083 sqft lot, the property has a high lot coverage, potentially limiting the overall usable outdoor space despite the 'expansive backyard' description.

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