
Newport Beach, California 92660
This Single Family Residence represents a Strong Value Opportunity, listed at $3,099,000—positioned well below the $3,280,850 Fair Market Value by 5%. This valuation gap provides $181,850 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, the original finishes offer a prime canvas for modernization. Located in a premier guard-gated community with resort-style amenities, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prestigious Newport Beach address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1426 Newporter Way Subject | $3,000,000* List Price | 3 | 3 | 2,434 | $1,273 | - |
A 1432 Sea Ridge Sold | $3,435,000 | 4 | 3 | 2,724 | $1,261 | 0.0 mi |
B 1415 Sea Ridge Drive Active | $3,199,000 List Price | 3 | 3 | 2,460 | $1,300 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is 25 years old and falls into the >20y category. While the home is meticulously maintained by the original owner, the kitchen features dated white appliances and the bathrooms retain original tile and fixtures, indicating a need for modern updates.
Situated in the exclusive 24-hour guard-gated community of Harbor Cove, the property offers exceptional security and immediate proximity to Fashion Island, Balboa Island, and elite golf clubs.
Offered on the market for the first time, this residence has been lovingly maintained in pristine condition by its original owner, ensuring a high level of pride in ownership and structural care.
Residents benefit from high-end HOA amenities including a sparkling pool, hot tub, and BBQ areas, providing a luxury coastal lifestyle within a quiet interior neighborhood location.
The property is noted as having no significant views of the ocean or city lights, which may be a disadvantage compared to other multi-million dollar listings in the Newport Beach area.
Built in 1999 and held by the same owner for decades, the interior finishes may require modernization to meet the aesthetic expectations of contemporary luxury buyers.
Opportunities like this are few and far between. Offered on the market for the very first time, this pristine residence has been beautifully and lovingly maintained by its original owner for the past 30 years. Tucked away in a quiet, premier interior location within the coveted 24-hour guard-gated community of Harbor Cove, this home offers an incredible value for the neighborhood. Spanning over 2,400 square feet, the spacious floor plan features 3 bedrooms, 2.5 bathrooms, and a versatile upstairs family room. The light-filled interior boasts a warm, inviting ambiance, courtesy of expansive windows that frame gorgeous views of the lushly landscaped, private backyard. Also note, this property has a full size 2 car driveway for extra off-street parking, which a lot of the other homes in the neighborhood do not have. Residents enjoy exclusive access to resort-style amenities, including a sparkling pool, hot tub, outdoor showers, and BBQ areas. Situated just moments from Newport Beach's finest coastal luxuries, you are steps from world-class shopping at Fashion Island, charming Balboa Island, Back Bay trails, and premier golfing at Big Canyon and Newport Beach Country Clubs. Don’t miss your chance to secure this exceptional piece of Newport Beach paradise. Check out the virtual tour!!
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 | 2,434 | 2,868 |
| Lot Size | 5,088 | 6,914 |
| Price | $3.00M | $4.44M |
| Price per sq ft | $1.2K | $1.6K |
| Built year | 1999 | 1970 |
| HOA | $625.0 | $430 |
| Days on market | 27 | 59 |
Jul 10, 2026
$3,000,000
$3,099,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$3,099,000
Initial Listing
Feb 27, 1997
$444,500
Public Record