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125 Kings Place, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 7 bath

125 Kings Place, Newport Beach, California 92663 home-pic-0
ACTIVE$8,700,000
125 Kings Place, Newport Beach, California 92663
5Beds
7Baths
6,800Sqft
8,660Lot

Price Vs. Estimate

The estimated value ($8,971,542.58) is $271,542.58 (3%) higher than the list price ($8,700,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exceptional Luxury Finishes & Amenities: The property boasts high-end finishes and amenities including marble counters, custom built-ins, crown moldings, designer lighting, a chef's kitchen with coffered ceilings, an elevator, wine cellar, and a saltwater pool, defining a truly luxurious lifestyle.
Top Cons:
Recent Price Reduction: The property has undergone a significant price reduction from $9.2M to $8.7M, which could indicate an initial overpricing or extended time on market, potentially raising questions for buyers regarding its market value.

Compared to the nearby listings

Price:$8.70M vs avg $4.45M (+$4,250,000)92%
Size:6,800 sqft vs avg 2,456 sqft99%
Price/sqft:$1.3K vs avg $1.8K21%

More Insights

Built in 2016 (9 years old).
Condition: Built in 2016, this property is virtually new and impeccably maintained. The description highlights high-end finishes like marble counters, custom built-ins, designer lighting, and a chef's kitchen with coffered ceilings. Images confirm modern, high-quality dark hardwood flooring, new carpets, contemporary tiled bathrooms with marble vanities, and a state-of-the-art laundry room. All appliances appear new and integrated, and light fixtures are modern recessed or designer pendants. The overall condition, including the exterior, pool, and additional luxury amenities like an elevator and wine cellar, indicates no deferred maintenance and minimal physical depreciation, meeting the 'Excellent' criteria.
Year Built
2016
Close
-
List price
$8.7M
Original List price
$9.2M
Price/Sqft
$1,279
HOA
-
Days on market
-
Sold On
-
MLS number
OC25240691
Home ConditionExcellent
Features
Excellent View: Bay, Back Bay, City Lights, Ocean, Peek-A-Boo
Deck
Pool
Spa
Patio
ViewBay,Back Bay,City Lights,Ocean,Peek-A-Boo

About this home

Welcome to the epitome of refined elegance and timeless charm in this impeccable Cape Cod-inspired estate located in the sought-after Cliff Haven private cul-de-sac. Boasting 6800 sqft of luxurious living space, this residence features five bedrooms, 7 bathrooms, and a plethora of classic sophistication and modern comfort. From marble counters to custom built-ins, crown moldings, and designer lighting, every detail exudes a level of quality rarely seen.The expansive chef's kitchen with coffered ceilings is perfect for hosting gatherings, while the multiple indoor/outdoor spaces and rooftop deck provide breathtaking views and endless entertainment possibilities. Avocado trees in full bloom and citrus fruits in the spring adorn the front yard, adding to the charm of this exceptional home.Noteworthy features include a large guest unit with private access, complete with a kitchen, full bedroom, and bath, making hosting a breeze. With amenities like a master suite, elevator, wine cellar, and saltwater pool, this home is a true oasis of tranquility and luxury.Situated just a short stroll away from top-rated schools, trendy boutiques, and world-class dining establishments, this estate offers convenience and luxury at every turn. Whether you're relaxing by the pool or enjoying the surfboard shed, every moment in this home is infused with elegance and comfort. Experience the ultimate in sophisticated luxury living and create unforgettable memories with loved ones in this exceptional estate. Your favorite moments start now in this haven of refinement and style.

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.0mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.4mi
7/10
Newport Harbor High School
Public,•9-12•0.5mi
Condition Rating
Excellent
Built in 2016, this property is virtually new and impeccably maintained. The description highlights high-end finishes like marble counters, custom built-ins, designer lighting, and a chef's kitchen with coffered ceilings. Images confirm modern, high-quality dark hardwood flooring, new carpets, contemporary tiled bathrooms with marble vanities, and a state-of-the-art laundry room. All appliances appear new and integrated, and light fixtures are modern recessed or designer pendants. The overall condition, including the exterior, pool, and additional luxury amenities like an elevator and wine cellar, indicates no deferred maintenance and minimal physical depreciation, meeting the 'Excellent' criteria.
Pros & Cons

Pros

Exceptional Luxury Finishes & Amenities: The property boasts high-end finishes and amenities including marble counters, custom built-ins, crown moldings, designer lighting, a chef's kitchen with coffered ceilings, an elevator, wine cellar, and a saltwater pool, defining a truly luxurious lifestyle.
Prime & Private Location: Situated in the sought-after Cliff Haven private cul-de-sac in Newport Beach, offering both exclusivity and convenient access to top-rated schools, trendy boutiques, and world-class dining establishments.
Versatile Guest Accommodations: Features a large, private guest unit complete with its own kitchen, full bedroom, and bath, providing significant flexibility for extended family, staff, or potential rental income.
Expansive Entertainment & View Opportunities: Offers multiple indoor/outdoor spaces, a rooftop deck with breathtaking Bay, Ocean, and City Lights views, and charming fruit trees in the front yard, enhancing its entertainment appeal and aesthetic.
Modern & Spacious Construction: Built in 2016, this 6800 sqft Cape Cod-inspired estate combines contemporary construction standards with generous living areas, offering a blend of timeless charm and modern comfort.

Cons

Recent Price Reduction: The property has undergone a significant price reduction from $9.2M to $8.7M, which could indicate an initial overpricing or extended time on market, potentially raising questions for buyers regarding its market value.
Potential for High Operating Costs: A 6800 sqft luxury estate with a saltwater pool, elevator, and extensive features implies substantial ongoing utility, maintenance, and insurance costs, which could be a significant consideration for potential buyers.
Lack of Explicit Central Cooling System: While the description details numerous luxury amenities, it does not explicitly mention a central air conditioning system, which is a standard expectation in high-end homes of this size and location, potentially requiring future installation or reliance on alternative cooling methods.

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