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119 41st, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 5 bath

119 41st, Newport Beach, California 92663 home-pic-0
ACTIVE$7,700,000$3,156/sqft
Est. Value: $8,367,085
8%
BelowEstimate
119 41st, Newport Beach, California 92663
3Beds
5Baths
3,156Sqft
2,550Lot

Price Vs. Estimate

The estimated value ($8,367,085.2) is $667,085.2 (8%) higher than the list price ($7,700,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3156, other record living area = 3023.

Compared to the nearby listings

Price:$7.70M vs avg $4.47M (+$3,225,000)87%
Size:3,156 sqft vs avg 2,589.5 sqft67%
Price/sqft:$2.4K vs avg $1.8K80%

More Insights

Built in 2018 (8 years old).
Condition: This property, built in 2018, is virtually new and exemplifies luxury coastal living. The gourmet chef's kitchen features top-of-the-line Wolf, Sub-Zero, and Miele appliances, Bianco Cielo natural stone countertops, and modern cabinetry. All five bathrooms are beautifully appointed with contemporary fixtures, freestanding tubs, glass-enclosed showers, and high-quality tile work. Rich hardwood floors are present throughout, complemented by modern light fixtures and recessed lighting. Additional luxury features like an in-home elevator, owned solar panels, tankless hot water heater, and expansive rooftop decks with a Jacuzzi confirm its superior condition and modern amenities. There is no visible deferred maintenance, and all components meet current high-quality standards.
Year Built
2018
Close
-
List price
$7.7M
Original List price
$7.7M
Price/Sqft
$2,440
HOA
-
Days on market
-
Sold On
-
MLS number
260001376SD
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
Patio
View-

About this home

Experience the pinnacle of coastal living in this exceptional three-story residence, just steps from the beach and thoughtfully designed for elevated seaside living. This stunning home features a bright open floorplan, soaring 9-foot ceilings, and rich hardwood floors throughout, seamlessly blending luxury, comfort, and modern design. Offering three spacious bedrooms and five beautifully appointed bathrooms, the layout provides both privacy and versatility, including a bonus room on the top floor—ideal for a media room, office, or additional entertaining space. An in-home elevator provides effortless access to all levels. The gourmet chef’s kitchen is a true showpiece, equipped with top-of-the-line appliances including Wolf double ovens with steamer, a Wolf 6-burner range, built-in Wolf espresso maker, Sub-Zero refrigerator, Miele dishwasher, and a built-in wine refrigerator. Elegant Bianco Cielo natural stone countertops complete the space, perfect for both everyday living and entertaining. Outdoor living is seamless with two expansive rooftop decks, where ocean views, city lights, and Newport Center create a stunning backdrop. The rear rooftop deck features a private Jacuzzi—an ideal setting to relax, entertain, and enjoy coastal sunsets. A welcoming front patio further enhances the home’s indoor-outdoor lifestyle. Additional luxury features include owned solar panels, an exterior lighting system, surround sound speakers, and a tankless hot water heater with an integrated water filtration system. A spacious two-car garage plus an additional carport space. provide ample parking and storage—an exceptional benefit in this beachside location. Completing the home are video surveillance, a fire sprinkler system, and premium construction throughout—offering peace of mind alongside luxury. This rare coastal retreat delivers refined beachside living just moments from the sand, dining, shopping, and all that Newport Beach has to offer.

J
Janice Dunnigan
Listing Agent

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.2mi
9/10
Newport Elementary School
Public,•PK-6•1.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.2mi
7/10
Newport Harbor High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
03/17/23
Sold
$6,955,000
05/23/18
Sold
$3,505,000
Condition Rating
Excellent
This property, built in 2018, is virtually new and exemplifies luxury coastal living. The gourmet chef's kitchen features top-of-the-line Wolf, Sub-Zero, and Miele appliances, Bianco Cielo natural stone countertops, and modern cabinetry. All five bathrooms are beautifully appointed with contemporary fixtures, freestanding tubs, glass-enclosed showers, and high-quality tile work. Rich hardwood floors are present throughout, complemented by modern light fixtures and recessed lighting. Additional luxury features like an in-home elevator, owned solar panels, tankless hot water heater, and expansive rooftop decks with a Jacuzzi confirm its superior condition and modern amenities. There is no visible deferred maintenance, and all components meet current high-quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Unbeatable Coastal Location: This residence is just steps from the beach in highly desirable Newport Beach, offering immediate access to the sand, dining, shopping, and a refined coastal lifestyle.
Gourmet Chef's Kitchen: The kitchen is a true showpiece, equipped with top-of-the-line Wolf, Sub-Zero, and Miele appliances, elegant Bianco Cielo natural stone countertops, a built-in espresso maker, and a wine refrigerator.
Luxurious Rooftop Decks with Views: Features two expansive rooftop decks providing stunning ocean, city lights, and Newport Center views, complemented by a private Jacuzzi for ultimate relaxation and entertaining.
Modern Design & Premium Amenities: Boasts a bright open floorplan, soaring 9-foot ceilings, rich hardwood floors, an in-home elevator, owned solar panels, surround sound speakers, and a tankless hot water heater with integrated water filtration.
Ample Parking & Versatile Space: Offers a spacious two-car garage plus an additional carport space, a significant advantage in a beachside location, along with a flexible top-floor bonus room for various uses.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3156, other record living area = 3023.
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 = 2550, living area = 3156.
Compact Lot Size: The 2,550 sqft lot is relatively small for a luxury residence, offering limited private outdoor yard space beyond the rooftop decks.
Substantial Price Appreciation: The current list price of $7.7 million represents a significant increase from its last sale in 2023 ($6.955 million), which may warrant careful market analysis for potential buyers.
Absence of Central Cooling System: The property description does not explicitly mention a central air conditioning or cooling system, which could be a notable drawback during warmer periods in Southern California.
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