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1415 Sea Ridge Drive, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath

1415 Sea Ridge Drive, Newport Beach, California 92660 home-pic-0
ACTIVE$3,649,000
1415 Sea Ridge Drive, Newport Beach, California 92660
3Beds
3Baths
2,460Sqft
5,354Lot

Price Vs. Estimate

The estimated value ($3,399,507.68) is $249,492.32 (6%) lower than the list price ($3,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Exclusivity: Situated in one of Newport Beach's most coveted, 24-hour guard-gated communities, Harbor Cove, where homes rarely become available, offering prestige and high demand.
Top Cons:
High Association Fees: The property carries a significant monthly association fee of $572.00, which adds to the ongoing cost of ownership.

Compared to the nearby listings

Price:$3.65M vs avg $3.84M ($-192,500)43%
Size:2,460 sqft vs avg 2,666 sqft39%
Price/sqft:$1.5K vs avg $1.4K57%

More Insights

Built in 1996 (29 years old).
Condition: The property was built in 1996, making it 28 years old. While the listing emphasizes it is 'extremely well maintained,' the images reveal that the kitchen and bathrooms, though clean and functional, feature styles and finishes that are dated. The kitchen has wood cabinets, granite countertops, and a white double oven, which were popular in the late 90s/early 2000s but are not current trends. Similarly, the visible bathroom elements suggest an older, well-kept aesthetic rather than a recent, extensive renovation. The property is move-in ready, but a buyer seeking modern aesthetics would likely desire minor updates to these key areas, aligning with the 'Fair' condition criteria.
Year Built
1996
Close
-
List price
$3.65M
Original List price
$3.75M
Price/Sqft
$1,483
HOA
$572
Days on market
-
Sold On
-
MLS number
NP25142089
Home ConditionFair
Features
Patio
View-

About this home

These homes RARELY come on the market!! Welcome to one of the most coveted locations in Newport Beach nestled within the prestigious 24 hour guard gated community of Harbor Cove. Situated on a spacious corner lot this home offers exceptional privacy and classic charm. Located near world-famous Fashion Island, Newport Beach Country Club, Big Canyon Country Club, Back Bay trails and just moments from charming Balboa Island, this exquisite residence offers the best of coastal luxury and convenience. This extremely well maintained Promenade Plan One offers three bedrooms, two and one half baths and a dedicated office with custom built-ins which can also be utilized as a movie room, gym or even a fourth bedroom. Beyond the doors, a pristine private entertainer’s backyard features lush landscaping, a high end stainless built-in barbecue, and plenty of space to entertain guests or unwind in total privacy. Community amenities include a resort-style pool, hot tub, outdoor showers, and BBQ's—all within the secure 24 hour guard gated enclave. Don’t miss this exceptional opportunity to live just steps from Newport’s finest dining, shopping, golf, and beaches. Very few homes become available in Harbor Cove so don't miss this opportunity.

Condition Rating
Fair
The property was built in 1996, making it 28 years old. While the listing emphasizes it is 'extremely well maintained,' the images reveal that the kitchen and bathrooms, though clean and functional, feature styles and finishes that are dated. The kitchen has wood cabinets, granite countertops, and a white double oven, which were popular in the late 90s/early 2000s but are not current trends. Similarly, the visible bathroom elements suggest an older, well-kept aesthetic rather than a recent, extensive renovation. The property is move-in ready, but a buyer seeking modern aesthetics would likely desire minor updates to these key areas, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location & Exclusivity: Situated in one of Newport Beach's most coveted, 24-hour guard-gated communities, Harbor Cove, where homes rarely become available, offering prestige and high demand.
Exceptional Community Amenities: Residents benefit from resort-style amenities including a pool, hot tub, outdoor showers, and BBQ areas, enhancing the luxury lifestyle within a secure enclave.
Private Entertaining Backyard: The property boasts a pristine, private entertainer’s backyard with lush landscaping and a high-end built-in barbecue, ideal for hosting and relaxation.
Flexible Living Space: Includes a dedicated office with custom built-ins, offering versatility to be used as a movie room, gym, or even a fourth bedroom, catering to diverse needs.
Proximity to Luxury Amenities: Conveniently located near world-famous Fashion Island, Newport Beach Country Club, Back Bay trails, Balboa Island, and Newport’s finest dining, shopping, golf, and beaches.

Cons

High Association Fees: The property carries a significant monthly association fee of $572.00, which adds to the ongoing cost of ownership.
Lack of Views: Despite its coastal location in Newport Beach, the property description explicitly states 'view: None', which can be a drawback for luxury buyers seeking scenic vistas.
Recent Price Reduction: The listing has undergone a price reduction from its original list price, which could indicate initial overpricing or a need to attract more buyer interest.

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