1232 Blue Gum Lane, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath
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Newport Beach, California 92660
This Stunning Turnkey Coastal Estate is listed at $5,950,000, representing a stable acquisition at its $5,950,000 Fair Market Value. Boasting an Excellent Condition Rating following extensive high-end renovations, the 6,100-square-foot residence features a resort-style backyard with a pool, spa, and outdoor kitchen. Located in the prestigious Dover Shores community, the property offers access to Top-Rated Schools including Eastbluff Elementary (9/10) and Corona Del Mar High (9/10). This move-in-ready masterpiece is perfectly suited for a luxury-seeking family or lifestyle-oriented buyer.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Blue Gum Lane Subject | $5,950,000* List Price | 5 | 6 | 6,100 | $975 | - |
A 1700 Highland Drive Sold | $6,295,000 | 5 | 7 | 5,138 | $1,225 | 0.6 mi |
B 1235 Santiago Dr Sold | $5,800,000 | 7 | 6 | 4,600 | $1,261 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1979, the property has undergone an extensive, high-end renovation that meets current luxury standards. The interior features contemporary wide-plank hardwood flooring, a chef-inspired kitchen with a large island and premium appliances, modern light fixtures, and updated architectural details like barn doors and shiplap ceilings. With premium amenities including a theater room, home gym, and a fully equipped outdoor kitchen and pool area, the property shows no signs of deferred maintenance and appears virtually new.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property is a true entertainer’s paradise, featuring a dedicated theater room, home gym, and a resort-style backyard equipped with a pool, spa, outdoor kitchen, and basketball hoop.
Situated in a desirable cul-de-sac within the prestigious Dover Shores community, the home offers a highly walkable lifestyle near top-rated schools, the Newport Beach Aquatic Center, and world-class beaches.
The property has undergone two significant price reductions from its original $6.5M listing price, which may suggest initial overpricing or a lack of immediate buyer urgency in the current market.
Built in 1979, the home's large 6,100 sqft footprint may require more substantial ongoing maintenance or system updates compared to newer luxury constructions in the same price bracket.
Luxury Living & Endless Entertaining in Dover Shores. Tucked away in a desirable cul-de-sac in the coveted Dover Shores community, this expansive 5 bedroom, 5 bath residence is designed for both comfort and unforgettable gatherings. Step inside to a light-filled, open floor plan anchored by an oversized great room with expansive windows, and a built-in bar with a pass-through to the backyard’s outdoor kitchen. The home’s chef-inspired kitchen opens to a casual dining area, seamlessly connecting to the formal dining room for larger occasions. A dedicated private office, fully equipped home gym, and theater room add to the home’s impressive amenities. Two master suites offer unmatched privacy and comfort — one with views of Fashion Island, the other with a large private balcony overlooking the lush backyard retreat. Outdoors, a true entertainer’s paradise awaits. Enjoy a sparkling pool and spa, outdoor kitchen, basketball hoop, herb garden, fire pit, and an outdoor shower — all surrounded by beautifully landscaped grounds. The seamless indoor-outdoor flow creates the ultimate setting for hosting friends, family, and events year-round. Beyond the gates of your own retreat, Dover Shores offers the quintessential Newport Beach lifestyle. You are just minutes from the Newport Beach Aquatic Center, world-class beaches, and harbor recreation. Stroll to top-rated schools, local shops, and acclaimed restaurants, or simply enjoy the charm of this highly walkable, close-knit neighborhood. With its exceptional layout, premium amenities, and unbeatable location, 1232 Blue Gum Lane is the perfect blend of luxury, functionality, and coastal living.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-2 • 1.1 mi
Grades 3-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 6.0 | 3.0 | 85% |
| Square foot | 6,100 | 2,621.5 | 98% |
| Lot Size | 9,600 | 7,500 | 79% |
| Price | $5.95M | $3.97M | 75% |
| Price per sq ft | $975 | $1.4K | 11% |
| Built year | 1979 | 1970 | 66% |
| HOA | $0 | $375 | 33% |
| Days on market | 359 | 161 | 96% |
Sep 20, 2025
$5,950,000
$6,250,000
-5% Price Drop
Initial Listing
Aug 26, 2025
$6,250,000
$6,500,000
-4% Price Drop
Initial Listing
Apr 28, 2025
$6,500,000
Initial Listing