118 Via Lido Nord, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 4 bath

118 Via Lido Nord, Newport Beach, California 92663 home-pic-0
ACTIVE$10,895,000
118 Via Lido Nord, Newport Beach, California 92663
4Beds
4Baths
2,653Sqft
2,700Lot

Price Vs. Estimate

The estimated value ($10,754,172.82) is $140,827.18 (1%) lower than the list price ($10,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2700, living area = 2653.

Compared to the nearby listings

Price:$10.89M vs avg $4.45M (+$6,445,000)95%
Size:2,653 sqft vs avg 2,456 sqft59%
Price/sqft:$4.1K vs avg $1.8K95%

More Insights

Built in 2004 (21 years old).
Condition: The property, built in 2004, has been 'extensively remodeled' as stated in the description. The images confirm a recent, high-quality renovation, particularly evident in the premium chef's kitchen featuring Wolfe appliances, modern white shaker cabinetry, a large island with a striking natural stone countertop, and contemporary pendant lighting. Pristine hardwood flooring extends throughout the main living areas and bedrooms. The primary bathroom, described with a beautiful standalone soaking tub, large walk-in shower, and dual vanities, further indicates a luxurious and updated condition. All visible components appear virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2004
Close
-
List price
$10.89M
Original List price
$11.75M
Price/Sqft
$4,107
HOA
$1,200
Days on market
-
Sold On
-
MLS number
NP25080205
Home ConditionExcellent
Features
Excellent View: Bay, City Lights
Deck
Patio
ViewBay,City Lights

About this home

Welcome to 118 Via Lido Nord, a beautifully reimagined bayfront residence in a prime location on Lido Isle. Extensively remodeled and boasting expansive bay views from nearly every living space, this residence is truly something special. Downstairs highlights an open living area that seamlessly flows into the patio with a built-in fire pit, dining area, and your own private pier and dock - configured to accommodate two vessels. The premium chef’s kitchen is open to the grand living space and complete with Wolfe appliances, a walk in pantry, and large island. The main level is complete with a laundry room, powder bathroom, wine cellar, 2-car garage, and gated entry. As you walk up the stairs, full of natural light you are greeted by 4 bedrooms and 3 bathrooms. The primary retreat is generously sized and includes a fireplace, sitting area, and a beautiful serene balcony looking out over the Newport Harbor; while the bathroom includes a beautiful standalone soaking tub, large walk in shower, dual vanities, and a walk in closet. Just down the hall you can find 3 guest bedrooms, one of them having its own private deck. Along with all the great features of the home itself, you can enjoy the relaxed yet refined lifestyle that makes Lido Isle so desirable—offering a private beach, clubhouse, yacht club, tennis and pickleball courts, numerous parks, and a welcoming community. Just a short walk or bike ride across the bridge takes you to Lido Marina Village where great dining and elevated shopping capture the charm and active lifestyle of Newport Beach living.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.6mi
9/10
Newport Elementary School
Public,PK-60.7mi
7/10
Horace Ensign Intermediate School
Public,7-80.4mi
7/10
Newport Harbor High School
Public,9-120.8mi
Condition Rating
Excellent

The property, built in 2004, has been 'extensively remodeled' as stated in the description. The images confirm a recent, high-quality renovation, particularly evident in the premium chef's kitchen featuring Wolfe appliances, modern white shaker cabinetry, a large island with a striking natural stone countertop, and contemporary pendant lighting. Pristine hardwood flooring extends throughout the main living areas and bedrooms. The primary bathroom, described with a beautiful standalone soaking tub, large walk-in shower, and dual vanities, further indicates a luxurious and updated condition. All visible components appear virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Bayfront Location & Views: Situated in a prime bayfront location on Lido Isle, the residence offers expansive bay views from nearly every living space, including a serene primary balcony overlooking Newport Harbor, enhancing its desirability and value.
Private Dockage for Multiple Vessels: The property boasts a private pier and dock, uniquely configured to accommodate two vessels, a significant luxury amenity for bayfront living.
Extensively Remodeled with High-End Finishes: The home has been beautifully reimagined and extensively remodeled, featuring a premium chef’s kitchen with Wolfe appliances, a wine cellar, and a luxurious primary bathroom with a standalone soaking tub and large walk-in shower.
Exclusive Community Amenities: Residents benefit from the desirable Lido Isle lifestyle, which includes access to a private beach, clubhouse, yacht club, tennis and pickleball courts, and numerous parks.
Seamless Indoor-Outdoor Living: The open living area seamlessly flows into an outdoor patio with a built-in fire pit, creating an ideal environment for entertaining and enjoying the bayfront setting.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2700, living area = 2653.
Significant Price Reductions: The property has undergone two price reductions from its original list price of $11.75M to $10.895M, suggesting potential market resistance or initial overpricing.
High Monthly Association Fees: A substantial monthly association fee of $1200.0 adds a significant ongoing cost to homeownership, which could be a consideration for potential buyers.
Modest Lot Size: With a lot size of 2700 sqft, the property's footprint might be considered modest for a luxury bayfront residence in this price range, potentially limiting expansive outdoor space.

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