111 Via San Remo, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath

111 Via San Remo, Newport Beach, California 92663 home-pic-0
ACTIVE$4,995,000
111 Via San Remo, Newport Beach, California 92663
4Beds
3Baths
2,079Sqft
3,960Lot

Price Vs. Estimate

The estimated value ($4,271,369) is $723,631 (14%) lower than the list price ($4,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Lack of Views: Unlike many high-value coastal properties in Newport Beach, this home explicitly states 'None' for views, which can be a significant detractor in a luxury market where bay or ocean views are highly sought after.

Compared to the nearby listings

Price:$5.00M vs avg $4.45M (+$545,000)58%
Size:2,079 sqft vs avg 2,431 sqft32%
Price/sqft:$2.4K vs avg $1.8K73%

More Insights

Built in 1951 (74 years old).
Condition: This 1951-built home presents as move-in ready with significant updates. The kitchen is a highlight, featuring 'top-of-the-line appliances,' furniture-grade cabinetry, and a farmhouse sink, indicating a high-quality renovation. While the yellow and white checkered backsplash and distressed cabinet finish lean towards a traditional/cottage style rather than ultra-modern, the overall quality and functionality are excellent. The bathrooms are also updated; one features a classic white shaker vanity with marble-look counters and subway tile, while another has a natural stone tile, jetted tub, and glass block shower partition, suggesting an update that is well-maintained but perhaps 10-20 years old. Hardwood floors are present in main living areas, and carpets in bedrooms appear clean. The property blends 'timeless charm' with 'casual sophistication,' suggesting a well-maintained home that has undergone substantial renovations, likely within the last 5-15 years, making it highly functional and aesthetically pleasing without requiring immediate updates.
Year Built
1951
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$2,403
HOA
$2,200
Days on market
-
Sold On
-
MLS number
NP25093586
Home ConditionGood
Features
Patio
View-

About this home

TIMELESS LIDO ISLE COTTAGE | CHARM, SOPHISTICATION & PREMIER LOCATION Gracing an oversized lot in one of Lido Isle’s most desirable locations, this timeless single-level cottage blends enduring charm with casual sophistication. Offering three bedrooms (with a cozy den easily convertible back into a fourth bedroom) and three bathrooms, the home is thoughtfully designed for both relaxed living and elegant entertaining. The formal living room, centered around a classic stone fireplace, and an adjacent formal dining room create inviting spaces for gatherings. A beautifully appointed kitchen, featuring a center island, furniture-grade cabinetry, top-of-the-line appliances, and a sunlit breakfast area, anchors the heart of the home. The cozy den opens to a private courtyard garden, enhancing the home's warm, casual elegance and offering an ideal setting for indoor-outdoor living. Ideally located just steps from Lido Isle’s private clubhouse, yacht club, tennis courts, children's playground, and pristine private beach, this property captures the best of the island lifestyle. Additionally, the vibrant shops, acclaimed restaurants, and boutique Lido House Hotel at the revitalized Lido Marina Village are just a short drive away. A rare opportunity to embrace the charm, community, and coveted coastal lifestyle that only Lido Isle offers.

Nearby schools

9/10
Newport Elementary School
Public,PK-60.4mi
8/10
Newport Heights Elementary School
Public,K-60.4mi
7/10
Horace Ensign Intermediate School
Public,7-80.5mi
7/10
Newport Harbor High School
Public,9-120.9mi
Condition Rating
Good

This 1951-built home presents as move-in ready with significant updates. The kitchen is a highlight, featuring 'top-of-the-line appliances,' furniture-grade cabinetry, and a farmhouse sink, indicating a high-quality renovation. While the yellow and white checkered backsplash and distressed cabinet finish lean towards a traditional/cottage style rather than ultra-modern, the overall quality and functionality are excellent. The bathrooms are also updated; one features a classic white shaker vanity with marble-look counters and subway tile, while another has a natural stone tile, jetted tub, and glass block shower partition, suggesting an update that is well-maintained but perhaps 10-20 years old. Hardwood floors are present in main living areas, and carpets in bedrooms appear clean. The property blends 'timeless charm' with 'casual sophistication,' suggesting a well-maintained home that has undergone substantial renovations, likely within the last 5-15 years, making it highly functional and aesthetically pleasing without requiring immediate updates.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Premier Lido Isle Location: Situated on an oversized lot in one of Lido Isle’s most desirable locations, offering immediate access to the private clubhouse, yacht club, tennis courts, children's playground, and pristine private beach. Proximity to Lido Marina Village enhances lifestyle appeal.
Oversized Lot: The property graces an oversized lot (3,960 sqft) for Lido Isle, providing more space and potential compared to many island properties.
Beautifully Appointed Kitchen: The kitchen is a significant highlight, featuring a center island, furniture-grade cabinetry, top-of-the-line appliances, and a sunlit breakfast area, catering to modern culinary needs.
Charming Indoor-Outdoor Living: A cozy den opens to a private courtyard garden, creating a seamless indoor-outdoor flow ideal for relaxation and entertaining in a warm, casual elegant setting.
Timeless Character & Flexible Layout: The single-level cottage blends enduring charm with sophistication, offering three bedrooms and a den easily convertible to a fourth bedroom, providing flexibility for various living arrangements.

Cons

Lack of Views: Unlike many high-value coastal properties in Newport Beach, this home explicitly states 'None' for views, which can be a significant detractor in a luxury market where bay or ocean views are highly sought after.
Potential Overpricing: The current list price of $4.995M is 14% higher than the estimated value of $4.27M, and several comparable properties (some larger, more recently renovated, or with views) have sold for similar or lower prices, suggesting it may be priced above market expectations.
Age and Implied Originality: Built in 1951, while possessing 'timeless charm,' the description does not indicate a comprehensive, recent renovation throughout the entire home (beyond the kitchen), which could mean potential buyers may face additional costs for modernization to match contemporary luxury standards seen in some comparable properties.

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