1232 Blue Gum Lane, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath

1232 Blue Gum Lane, Newport Beach, California 92660 home-pic-0

1232 Blue Gum Lane

Newport Beach, California 92660

ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
6,100Sq Ft
9,600Lot Size

Property Price

LIST PRICE$5,950,000
EST. MARKET VALUE
$5,950,000

SUMMARY

Estimated Market Value

$5,950,000
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1232 Blue Gum Lane
Subject
$5,950,000*
List Price
566,100$975-
A
1235 Santiago Dr
Sold
$5,800,000764,600$1,2610.5 mi
B
1700 Highland Drive
Active
$6,295,000
List Price
575,138$1,2250.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1979, the property has undergone an extensive high-end renovation within the last 5 years. It features a modern chef's kitchen with premium stainless steel appliances and a large waterfall-edge island, wide-plank hardwood flooring throughout, updated recessed lighting, and contemporary fixtures. The home includes luxury additions like a theater room and gym, and the overall finishes meet the highest current quality standards with no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).

  • Premier Coastal Location

    Situated in the highly coveted Dover Shores community on a quiet cul-de-sac, offering a prestigious Newport Beach lifestyle with high walkability to local shops and the Aquatic Center.

  • Comprehensive Luxury Amenities

    The expansive 6,100 sqft floor plan includes high-demand specialty rooms such as a dedicated home gym, a private theater, and a professional home office.

CONSRISKS & DEFICIENCIES

  • Recent Price Volatility

    The property has undergone two price reductions from its original $6.5M listing, which may suggest the home is still finding its true market equilibrium.

  • 1970s Era Infrastructure

    Built in 1979, the property may require more intensive maintenance or updates to its core mechanical and structural systems compared to newer luxury constructions.

  • High Lot Coverage

    With a 6,100 sqft home situated on a 9,600 sqft lot, the building footprint is substantial, resulting in less traditional open green space or yard depth.

About 1232 Blue Gum Lane

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
9,600 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Mariners Elementary School

Grades PK-6 • 0.4 mi

8/10

Woodland Elementary School

Grades PK-2 • 1.1 mi

/10

Heinz Kaiser Elementary School

Grades 3-6 • 1.4 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
72%
Baths6.03.0
90%
Square foot6,1002,643
97%
Lot Size9,6007,500
78%
Price$5.95M$3.85M
76%
Price per sq ft$975$1.4K
11%
Built year19791970
66%
HOA$0$375
34%
Days on market313162
92%

Pricing History

Listed for Sale

Sep 20, 2025

$5,950,000

$6,250,000

-5% Price Drop

Initial Listing

Price Change

Aug 26, 2025

$6,250,000

$6,500,000

-4% Price Drop

Initial Listing

Price Change

Apr 28, 2025

$6,500,000

Initial Listing

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