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1423 Santiago Drive, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 4 bath

1423 Santiago Drive, Newport Beach, California 92660 home-pic-0
ACTIVE$4,500,000$3,120/sqft
Est. Value: $4,521,424
%
FairlyEstimate
1423 Santiago Drive, Newport Beach, California 92660
3Beds
4Baths
3,120Sqft
10,057Lot

Price Vs. Estimate

The estimated value ($4,521,424.38) is $21,424.38 (0%) lower than the list price ($4,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.

Compared to the nearby listings

Price:$4.50M vs avg $3.84M (+$662,000)62%
Size:3,120 sqft vs avg 2,664 sqft60%
Price/sqft:$1.4K vs avg $1.4K53%

More Insights

Built in 1965 (61 years old).
Condition: Despite being built in 1965, this property has undergone extensive, high-quality renovations, bringing it to current luxury standards. The kitchen is 'chef-inspired' with modern stainless steel appliances, granite countertops, stylish two-tone cabinetry, and a contemporary mosaic backsplash. Bathrooms are 'spa-inspired' with updated vanities, stone countertops, modern fixtures, and a luxurious walk-in shower with glass block and marble-look tile. Throughout the home, there are herringbone wood floors, recessed lighting, and fresh paint. Major systems have also been updated, including two furnaces, two tankless water heaters, solar pool heating, and new epoxy garage flooring. The overall condition, style, and features are virtually new and meet excellent quality standards.
Year Built
1965
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$1,442
HOA
-
Days on market
-
Sold On
-
MLS number
NP26003068
Home ConditionExcellent
Features
ViewNeighborhood, Pool

About this home

A premier location in Dover Shores, 1423 Santiago has an understated presence...tucked behind privacy walls and tall palms, this coastal home embraces serene, resort-style living. The single-level floor plan highlights open spaces and a comfortable flow. Enjoy easy cooking from the chef-inspired kitchen then settle into the family room for conversation enjoying the fireplace and cool night air. Tucked back, the dining room offers a peaceful retreat for family meals and lures you into the "California great room", a spacious, resort-inspired living room. Herringbone wood floors, a graceful fireplace, and glass panel doors define the space, blending sophistication with comfort. Wrapping around to the bedroom wing, you’ll find 3 spacious bedrooms, 3.5 bathrooms, and a convenient laundry area. Toward the front of the home, a large junior primary suite offers ample closet spaces and a peaceful patio. The generous-sized middle bedroom connects to a full bathroom, and the main primary suite, set quietly at the end of the hall, is a private sanctuary. Thoughtfully designed, enjoy the oversized dual walk-in closet, a large spa-inspired bathroom with plenty of privacy, and a relaxed sitting area to unwind enjoying views of the sparkling pool. Situated on an oversized 10,057 sq ft lot, the expansive backyard is designed for both entertaining and everyday enjoyment. Showcasing a heated resort pool and rock waterfall slide...and surrounded by a jacuzzi, firepit, and multiple gathering areas—embrace the iconic beach lifestyle. Additional features include a three-car garage with new epoxy flooring, two furnaces, two tankless water heaters, solar pool heating, and a home security system. Just minutes from the Newport Aquatic Center, Back Bay, and sandy beaches...conveniently close to vibrant shops and restaurants along 17th street...and situated within the award-winning school district of Mariners Elementary, 1423 Santiago offers an exceptional opportunity.

L
Leslie Thompson
Listing Agent

Nearby schools

8/10
Mariners Elementary School
Public,•PK-6•0.6mi
/10
Woodland Elementary School
Public,•PK-2•0.9mi
8/10
Heinz Kaiser Elementary School
Public,•3-6•1.1mi
9/10
Eastbluff Elementary School
Public,•K-6•1.2mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.5mi
9/10
Corona Del Mar High School
Public,•7-12•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
01/21/98
Sold
$699,000
05/29/08
Sold
$1,670,000
Condition Rating
Excellent
Despite being built in 1965, this property has undergone extensive, high-quality renovations, bringing it to current luxury standards. The kitchen is 'chef-inspired' with modern stainless steel appliances, granite countertops, stylish two-tone cabinetry, and a contemporary mosaic backsplash. Bathrooms are 'spa-inspired' with updated vanities, stone countertops, modern fixtures, and a luxurious walk-in shower with glass block and marble-look tile. Throughout the home, there are herringbone wood floors, recessed lighting, and fresh paint. Major systems have also been updated, including two furnaces, two tankless water heaters, solar pool heating, and new epoxy garage flooring. The overall condition, style, and features are virtually new and meet excellent quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Prime Coastal Location: Situated in a premier Dover Shores location, minutes from the Newport Aquatic Center, Back Bay, sandy beaches, vibrant shops, and restaurants, and within an award-winning school district (Mariners Elementary rated 8).
Resort-Style Outdoor Living: The oversized 10,057 sq ft lot features an expansive backyard with a heated resort pool, rock waterfall slide, jacuzzi, firepit, and multiple gathering areas, perfect for entertaining and relaxation.
Desirable Single-Level Floor Plan: The single-level layout offers open spaces and a comfortable flow, including a 'California great room' with herringbone wood floors and glass panel doors, appealing to a wide range of buyers.
Luxurious Primary Suite: The main primary suite is a private sanctuary, boasting an oversized dual walk-in closet, a large spa-inspired bathroom, and a relaxed sitting area with views of the sparkling pool.
Modern Amenities & Upgrades: The home includes a chef-inspired kitchen, three-car garage with new epoxy flooring, two furnaces, two tankless water heaters, solar pool heating, and a home security system, indicating significant investment in comfort and efficiency.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Property Age: Built in 1965, while updated, some original systems or structural components may require more frequent maintenance or eventual replacement compared to newer construction.
Limited View: The property offers 'Neighborhood, Pool' views. For a high-value Newport Beach property, the absence of panoramic ocean, harbor, or city lights views might be a consideration for some discerning buyers.
High Maintenance Demands: The oversized lot and extensive resort-style amenities (pool, jacuzzi, multiple gathering areas) imply higher ongoing maintenance costs for landscaping, pool service, and general upkeep.
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