1075 Granville Drive, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 2 bath

1075 Granville Drive, Newport Beach, California 92660 home-pic-0
ACTIVE$4,995,000
1075 Granville Drive, Newport Beach, California 92660
2Beds
2Baths
2,410Sqft
167,447Lot
Year Built
1971
Close
-
List price
$5M
Original List price
$5.29M
Price/Sqft
$2,073
HOA
$1,301.1
Days on market
-
Sold On
-
MLS number
NP25165177
Home ConditionExcellent
Features
Excellent View: Golf Course, Panoramic, Peek-A-Boo, Trees/Woods
Deck
ViewGolf Course,Panoramic,Peek-A-Boo,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $5.00M(90th), sqft - 2410(75th), beds - 2(50th), baths - 2(50th).

Experience elevated coastal living in this exquisitely renovated Newport Beach view home. Completed in June, 2025, this upper corner unit is nestled in the exclusive, guard-gated Granville community. Blending modern design with high-end finishes and upgrades, this single-level residence offers panoramic views of the Newport Beach Country Club’s 9th fairway. Step through a custom pivot front door into a sun-filled, open-concept layout featuring vaulted ceilings, wide-plank hardwood floors, and floor-to-ceiling Fleetwood glass slider doors. The gourmet kitchen is a showstopper with custom European white oak cabinetry, Neolith countertops, Sub-Zero and Wolf appliances. The spacious island flows seamlessly into the dining and living areas, complete with a fireplace and built-ins. The primary suite is a peaceful retreat with fluted wainscoting, a sitting area, walk-in closet, and spa-inspired bath. A second bedroom, stylish hall bath, and versatile bonus room (ideal for an office or gym) complete the floor plan. A deep-blue laundry room adds functional flair. Upgrades include: lime-washed walls, RH and Rejuvenation decorative lighting and hardware, wired Palladiom roller shades and architectural keypads, Savant Smart Home Living Systems, new tankless water heater, and a finished 2-car garage. Enjoy resort-style amenities—guard gate, 24/7 security on the golf course, a clubhouse, pool/spa. This is Newport Beach living at its finest.

Price History

Date
Event
Price
09/12/25
Price Change
$4,995,000-5.7%
07/24/25
$5,295,000
Condition Rating
Excellent

This property has undergone an exquisite and extensive renovation, explicitly stated as completed in June 2025 (likely a typo for 2024, indicating very recent completion). The description and images showcase a modern design with high-end finishes throughout, including wide-plank hardwood floors, vaulted ceilings, and Fleetwood glass slider doors. The gourmet kitchen features custom European white oak cabinetry, Neolith countertops, and top-of-the-line Sub-Zero and Wolf appliances. Bathrooms are spa-inspired with modern fixtures and tiling. Additional upgrades like Savant Smart Home systems, new tankless water heater, and RH/Rejuvenation lighting confirm that all components are new or virtually new, meeting current quality standards with no deferred maintenance. This perfectly aligns with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Prime Location & Panoramic Views: Situated in an exclusive, guard-gated Newport Beach community, this property offers panoramic views of the Newport Beach Country Club's 9th fairway, enhancing its desirability and value.
Exquisite, Recent Renovation: The home has undergone an exquisite, recently completed renovation (assuming 2024, not 2025), featuring modern design, high-end finishes, an open-concept layout, vaulted ceilings, and floor-to-ceiling Fleetwood glass doors.
Gourmet Chef's Kitchen: A true showstopper, the gourmet kitchen boasts custom European white oak cabinetry, Neolith countertops, and top-of-the-line Sub-Zero and Wolf appliances, catering to discerning culinary enthusiasts.
Advanced Smart Home & Luxury Upgrades: Equipped with Savant Smart Home Living Systems, wired Palladiom roller shades, and premium RH/Rejuvenation fixtures, the property offers cutting-edge technology and sophisticated design elements.
Exclusive Resort-Style Amenities: Residents benefit from resort-style community amenities including a guard gate, 24/7 security, a clubhouse, and a pool/spa, providing a luxurious and secure living experience.

Cons

Substantial Monthly HOA Fees: The monthly association fee of over $1,300 is considerably high, adding a significant recurring cost to homeownership.
Condominium Structure at High Price Point: Despite its luxury, the property is a condominium, which may present limitations such as shared walls and potential HOA restrictions, which could be a consideration for buyers seeking a single-family home experience at this price level.
High Investment & Market Niche: With a list price approaching $5 million for a 2-bedroom unit, this property targets a very specific luxury market segment, potentially limiting the pool of prospective buyers. The recent price reduction also suggests a need for market adjustment.

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