1100 Polaris Drive, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 4 bath
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Newport Beach, California 92660
This Rare Waterfront Value-Add Estate is listed at $10,800,000, reflecting a scarcity premium over its $9,720,816 Fair Market Value. Boasting an exceptional 79-foot bay frontage and a private yacht dock, the property holds a Fair Condition Rating, signaling significant upside through thoughtful modernization. Located in the elite Dover Shores enclave, it offers panoramic views and access to Top-Rated Schools including Eastbluff Elementary and Corona Del Mar High. This is a singular acquisition for Luxury Owner-Occupants or High-End Developers looking to capitalize on a premier Newport Harbor location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 Polaris Drive Subject | $10,800,000* List Price | 3 | 4 | 3,348 | $2,903 | - |
A 612 Harbor Island Drive Sold | $7,600,000 | 4 | 5 | 3,337 | $2,277 | 0.8 mi |
B 8 Linda Isle Sold | $9,725,000 | 3 | 6 | 4,196 | $2,318 | 0.7 mi |
C 73 Linda Sold | $11,700,000 | 5 | 5 | 4,503 | $2,598 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property has been meticulously maintained, as noted in the description. However, the kitchen, while functional, features dated light wood cabinets, an older electric cooktop, and fluorescent lighting in the custom hood, indicating a renovation that is likely 20-30+ years old or original elements with some appliance updates. The absence of bathroom images suggests they are likely similarly dated. The overall aesthetic, described as 'timeless European influence,' is well-preserved but not contemporary, and the listing itself points to 'potential for thoughtful modernization' and 'implied modernization needs.' Major systems like HVAC, electrical, and plumbing may also be original or outdated, aligning with the 'fair' category's criteria of being aged but maintained, with functional but outdated major components requiring minor updates to meet current standards.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Boasting an expansive 79 feet of bay frontage, a rarity enjoyed by fewer than five percent of bay front properties in Newport Beach, offering a singular and highly desirable position on Newport Harbor.
Features a private dock designed to accommodate a substantial yacht and a secondary slip for smaller vessels, providing seamless access to the Back Bay, open Pacific, and vibrant harbor lifestyle.
Built in 1964, the property, while well-maintained, suggests a need for significant modernization to meet contemporary luxury standards and buyer expectations, implying substantial additional investment beyond the purchase price.
As an older home, critical infrastructure such as HVAC, electrical, and plumbing systems may be original or outdated, potentially requiring costly upgrades or replacements in the near future.
The 'timeless European influence' may not appeal to all high-end buyers who prefer more contemporary or minimalist aesthetics, potentially narrowing the buyer pool for this luxury property.
Located within the prestigious coastal enclave of Dover Shores, this remarkable waterfront residence occupies a singular position along Newport Harbor. Boasting an expansive 79 feet of frontage on the bay—a rarity enjoyed by fewer than five percent of bay front properties in Newport Beach—this home offers a commanding perspective over a serene inlet, with sweeping views that extend to the iconic skyline of Fashion Island. Architecturally, the home exudes timeless European influence, while its interior orientation ensures that principal living spaces—including the formal living and dining rooms, kitchen, family room, breakfast area, and all bedrooms—are oriented to capture uninterrupted views of the bay. The floor plan is light, open, and intuitively designed, offering immediate comfort with the potential for thoughtful modernization. Upstairs, all bedrooms open to a private balcony, offering a privileged vantage point from which to enjoy the evolving panorama of views. Meticulously maintained and presented to the resale market for the very first time, the residence speaks to a legacy of pride in ownership and a rare quality of life found only in such an extraordinary setting. The private dock is designed to accommodate a substantial yacht, in addition to a secondary slip ideal for a Duffy or Boston Whaler—offering seamless access to the Back Bay, the open Pacific, and the vibrant harbor lifestyle that defines Newport Beach. Just steps from a gated, residents-only beach, this distinguished property offers a rare convergence of generous waterfront dimensions, premier moorage, expansive water views, and elegant outdoor living.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-2 • 1.3 mi
Grades 3-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,348 | 2,623 | 62% |
| Lot Size | 6,900 | 7,500 | 38% |
| Price | $10.80M | $3.99M | 94% |
| Price per sq ft | $3.2K | $1.4K | 98% |
| Built year | 1964 | 1970 | 32% |
| HOA | $2180.0 | $375 | 96% |
| Days on market | 316 | 161 | 93% |
Jun 10, 2025
$10,800,000
Initial Listing