
Newport Beach, California 92660
This Stunning Panoramic View Residence is a Strong Value Opportunity, listed at $4,000,000—positioned well below the $4,133,240 Fair Market Value by 3%. This valuation gap offers $133,240 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and breathtaking vistas of the Pacific Ocean and Newport Harbor, this home offers a turnkey lifestyle within an exclusive guard-gated enclave. It is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a premier coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1402 Sea Ridge Drive Subject | $4,000,000* List Price | 3 | 3 | 2,460 | $1,680 | - |
A 1432 Sea Ridge Sold | $3,435,000 | 4 | 3 | 2,724 | $1,261 | 0.1 mi |
B 3 Rue Cannes Sold | $3,100,000 | 2 | 2 | 1,809 | $1,714 | 0.6 mi |
C 1415 Sea Ridge Drive Active | $3,199,000 List Price | 3 | 3 | 2,460 | $1,300 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, this 30-year-old home is exceptionally well-maintained and move-in ready. The kitchen features a mid-life renovation with updated white cabinetry and stone countertops. While the bathrooms retain some dated 1990s-style tile-work, they are in functional condition. The overall maintenance and 'Promenade' residence updates align with the 5-15 year renovation criteria for a Good rating.
The property commands rare, unobstructed vistas of the Upper Newport Bay, Newport Harbor, and the Pacific Ocean, offering some of the most coveted coastal scenery in the community.
Situated in a 24-hour guard-gated community of only 149 homes, the residence offers high-level security, resort-style amenities, and direct access to the Upper Newport Bay Nature Preserve.
Ideally positioned minutes from Fashion Island, world-class beaches, and elite country clubs, providing an unparalleled blend of luxury, convenience, and lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With a list price of $4 million for approximately 2,460 square feet, the property commands a significant premium that may challenge buyers looking for more interior volume at this price point.
The 4,435 square foot lot is relatively small for a luxury residence, which may limit outdoor privacy and space for extensive custom landscaping or exterior additions.
One of Harbor Cove's most spectacular panoramic view homes, this exceptional residence commands breathtaking, unobstructed vistas across the Upper Newport Bay, Newport Harbor, and the Pacific Ocean, with Catalina Island visible on exceptionally clear days. Perched on one of the community's premier view lots, the home's elevated setting captures ever-changing coastal scenery—from colorful sunrises and spectacular sunsets to sparkling evening lights—creating a backdrop that is nothing short of extraordinary. Offering approximately 2,460 square feet, this beautifully maintained Promenade residence features three bedrooms, two-and-one-half bathrooms, and a spacious upstairs loft, providing exceptional flexibility as a family room, media room, home office, or additional living space. Expansive windows throughout the home were thoughtfully designed to maximize the panoramic views while filling the interior with natural light. The home's open and inviting floor plan embraces its remarkable setting, with sweeping views enjoyed from the living room, dining room, family room, kitchen, primary suite, and backyard. Whether entertaining guests, enjoying a quiet evening at home, or simply taking in the scenery, the spectacular coastal views remain the focal point of everyday living. The primary suite is a true retreat, where you can wake each morning to panoramic views of the Upper Newport Bay, Newport Harbor, and the Pacific Ocean beyond. Even the primary bathroom enjoys the same breathtaking coastal backdrop, bringing the beauty of Newport Beach into your daily routine. Harbor Cove is an exclusive 24-hour guard-gated enclave of just 149 homes, offering resort-style amenities including a pool, spa, BBQ area, outdoor showers, beautifully landscaped grounds, and direct access to miles of walking and biking trails through the Upper Newport Bay Nature Preserve. Ideally located just minutes from Fashion Island, Balboa Island, world-class beaches, Newport Harbor, Newport Beach Country Club, Big Canyon Country Club, award-winning dining, and premier shopping, this home offers an exceptional blend of luxury, privacy, and convenience. Panoramic view homes of this caliber rarely become available in Harbor Cove. This is a rare opportunity to own one of the community's most coveted locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,460 | 2,868 |
| Lot Size | 4,435 | 6,914 |
| Price | $4.00M | $4.44M |
| Price per sq ft | $1.6K | $1.6K |
| Built year | 1996 | 1970 |
| HOA | $625.0 | $430 |
| Days on market | 6 | 59 |
Jul 16, 2026
$4,000,000
Initial Listing
Feb 2, 2005
$1,490,000
Public Record
Aug 15, 1997
$705,000
Public Record