1423 Mariners Drive, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath

1423 Mariners Drive, Newport Beach, California 92660 home-pic-0

1423 Mariners Drive

Newport Beach, California 92660

ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
4,345Sq Ft
7,249Lot Size

Property Price

LIST PRICE$7,550,000
EST. MARKET VALUE
$6,873,915
8% AboveMARKET VALUE

SUMMARY

Analysis of 1423 Mariners Drive, Newport Beach, California 92660 reveals a property with a current list price of $7,550,000, which is 8% above the estimated $6,873,915 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$6,873,915
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
1423 Mariners Drive
Subject
$7,550,000*
List Price
564,345$1,582-
A
1331 Antigua Way
Sold
$7,250,000674,800$1,5100.3 mi
B
1530 Anita Lane
Sold
$5,850,000543,432$1,7050.2 mi
C
1235 Santiago Dr
Sold
$5,800,000764,600$1,2610.3 mi
D
1723 Terrapin Way
Sold
$5,600,000463,621$1,5470.4 mi
E
57 Cape Andover
Sold
$6,350,000333,784$1,6780.7 mi
F
1312 Dover Drive
Active
$8,299,000
List Price
445,206$1,5940.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was completed in 2024, making it a brand-new construction. The description and images confirm a modern architectural sensibility with high-end finishes throughout. The kitchen features custom cabinetry, integrated appliances, an oversized island, and wide-plank flooring. Bathrooms are spa-inspired with stand-alone tubs, glass-enclosed showers, modern vanities, and stylish tile work. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

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

  • New Construction & Modern Design

    Completed in 2024, this residence boasts a clean architectural sensibility with high ceilings, an open-plan design, and a cohesive aesthetic using natural materials and modern finishes.

  • Luxury Outdoor Amenities

    The newly completed backyard features a brand new pool, spa, built-in barbecue, and covered lounge areas, creating a private, resort-like atmosphere perfect for entertaining.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 4345, other record living area = 4446.

  • Absence of Views

    The property description explicitly states 'view: None,' which may be a significant consideration for buyers seeking panoramic or water views typical of the Newport Beach luxury market.

  • Substantial Recent Price Increase

    Listed at $7.55M, the property shows a significant price increase from its $5.2M sale in June 2024, which may prompt buyer scrutiny regarding immediate market value and appreciation.

About 1423 Mariners Drive

Completed in 2024, this residence in the Highlands of Dover Shores captures the ease of modern Newport Beach living with a clean architectural sensibility and a focus on light, scale, and livability. High ceilings and an open-plan design establish a sense of volume from the moment you enter, while carefully selected materials keep the spaces warm and grounded. Throughout the home, natural materials, wide-plank flooring, and soft modern finishes create a calm, cohesive aesthetic that feels both current and timeless. The main level is designed for both flow and function, with expansive living and dining areas sit adjacent to a striking kitchen featuring custom cabinetry, an oversized island, and integrated appliances. Large scale windows and sliding wall-to-wall doors dissolve the boundary between indoors and out, opening to a newly completed backyard designed for everyday enjoyment and entertaining alike. A brand new pool and spa, built-in barbecue, and covered lounge areas surrounded by mature hedges create a relaxed, resort-like atmosphere with privacy to match. A bedroom suite on the main level adds flexibility ideal for guests, extended family, or a dedicated work-from-home space. Upstairs, the primary suite serves as a quiet retreat- complete with a spa-inspired bath with stand-alone tub and considerable dual walk-in closets- generous proportions, and thoughtful design moments that serve to elevate every day life. Three additional en-suite bedrooms ensure comfort and privacy, while a bonus loft provides a versatile space ideal for a media room, homework zone, or casual lounge. Set in one of Newport Beach’s most desirable neighborhoods, Dover Shores is prized for its ocean-close lifestyle, and proximity to top-rated schools, scenic Back Bay trails, and world-class dining and shopping.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
7,249 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 • 0.7 mi

/10

Heinz Kaiser Elementary School

Grades 3-6 • 1.0 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 foot4,3452,643
82%
Lot Size7,2497,475
48%
Price$7.55M$3.85M
90%
Price per sq ft$1.7K$1.4K
80%
Built year20241970
97%
HOA$0$375
34%
Days on market61158
18%

Pricing History

Listed for Sale

Jan 5, 2026

$7,550,000

Initial Listing

Sold

Jun 26, 2024

$5,200,000

Public Record

Sold

Feb 23, 2022

$2,350,000

Public Record

Sold

Jul 5, 2001

$575,000

Public Record

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