RealKey
‪(213) 433-7766‬

1585 Miramar, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 3 bath

1585 Miramar, Newport Beach, California 92661 home-pic-0
ACTIVE$4,690,000
1585 Miramar, Newport Beach, California 92661
4Beds
3Baths
2,630Sqft
2,614Lot

Price Vs. Estimate

The estimated value ($4,690,000) is $0 (0%) lower than the list price ($4,690,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 2630.

Compared to the nearby listings

Price:$4.69M vs avg $4.22M (+$465,000)54%
Size:2,630 sqft vs avg 2,046 sqft69%
Price/sqft:$1.8K vs avg $2.7K23%

More Insights

Built in 1947 (78 years old).
Condition: Despite being built in 1947, this property has undergone an extensive and recent renovation, as evidenced by the description and images. The 'new kitchen' features modern Shaker cabinetry, stainless steel appliances, and quartz countertops. The 'new custom bath' boasts a rain shower, freestanding tub, and dual sinks, all reflecting current high-quality standards. The entire first level has been 'reimagined' with open-concept styling, wide white oak-inspired luxury vinyl plank flooring, designer lighting fixtures, recessed LED lighting, and upgraded windows. The property is described as 'turnkey,' indicating no deferred maintenance and minimal physical depreciation. The only minor drawback mentioned is the lack of central air conditioning, which is common in some coastal areas and doesn't detract from the overall excellent condition of the recent renovations.
Year Built
1947
Close
-
List price
$4.69M
Original List price
$4.69M
Price/Sqft
$1,783
HOA
-
Days on market
-
Sold On
-
MLS number
OC25236546
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Hills, Mountain(s), Neighborhood, Ocean
ViewBay,City Lights,Hills,Mountain(s),Neighborhood,Ocean

About this home

Nestled in the heart of Newport Beach’s coveted Balboa Peninsula, just two blocks from beaches along the Pacific Ocean and nearly as close to Newport Bay, this upgraded home with rare 35 foot wide lot is destined to enhance your lifestyle. Stroll to fashionable cafés, restaurants, shops and galleries, or relax at home on your inviting front patio, complete with a classic white picket fence. Beyond the Dutch entry door, a reimagined first level reveals open-concept style with a seamless dining room, living room and kitchen. A custom mantlepiece and white stone hearth grace a corner fireplace, while the new kitchen opens to the dining room with a passthrough bar and hosts Shaker cabinetry, stainless appliances, quartz countertops and a door to the side yard. Elegant craftsmanship is revealed through the inclusion of crown molding, wide white oak-inspired luxury vinyl plank flooring, designer lighting fixtures and custom wall treatments. Approximately 2,630 square feet, the four-bedroom, three-bath residence continues indoor/outdoor living on the second level, where a private deck is accessed by a versatile den, the primary suite and a secondary bedroom with separate entrance, making it perfect for guests. A spiral staircase leads from the main deck to a sunny rooftop deck with panoramic city-light views, and both decks are finished with slotted wood flooring. The primary suite showcases a sitting area, wood-finished accent wall, a romantic fireplace with floating hearth, a spacious dressing area with mirrored wardrobes, and a new custom bath with rain shower, freestanding tub and dual sinks. Further enrichments are led by recessed LED lighting, upgraded windows and sliding-glass doors that bathe interior spaces in natural light, a fresh white color palette, and an attached two-car garage. Close to The Wedge, a world-renowned surf spot, and minutes from Fashion Island, Balboa’s pier and Fun Zone, scenic parks, golf courses and luxury resorts, this turnkey home presents the ultimate mix of style, functionality and proximity to the water.

Nearby schools

9/10
Newport Elementary School
Public,•PK-6•1.8mi
7/10
Horace Ensign Intermediate School
Public,•7-8•2.1mi
7/10
Newport Harbor High School
Public,•9-12•2.3mi
Condition Rating
Excellent
Despite being built in 1947, this property has undergone an extensive and recent renovation, as evidenced by the description and images. The 'new kitchen' features modern Shaker cabinetry, stainless steel appliances, and quartz countertops. The 'new custom bath' boasts a rain shower, freestanding tub, and dual sinks, all reflecting current high-quality standards. The entire first level has been 'reimagined' with open-concept styling, wide white oak-inspired luxury vinyl plank flooring, designer lighting fixtures, recessed LED lighting, and upgraded windows. The property is described as 'turnkey,' indicating no deferred maintenance and minimal physical depreciation. The only minor drawback mentioned is the lack of central air conditioning, which is common in some coastal areas and doesn't detract from the overall excellent condition of the recent renovations.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Nestled in the coveted Balboa Peninsula, just two blocks from Pacific Ocean beaches and Newport Bay, offering unparalleled access to coastal amenities, fashionable cafes, restaurants, shops, and galleries.
Extensive Modern Upgrades: The home features a reimagined open-concept first level, a new kitchen with Shaker cabinetry, stainless appliances, and quartz countertops, new custom primary bath, wide white oak-inspired LVP flooring, crown molding, designer lighting, and upgraded windows.
Rare Wide Lot: Boasts a rare 35-foot wide lot, providing a significant advantage in terms of frontage and potential for a more spacious feel compared to typical lots in the area.
Exceptional Outdoor Living: Offers multiple outdoor spaces including an inviting front patio, a private second-level deck accessible from the den, primary suite, and a secondary bedroom, and a sunny rooftop deck with panoramic city-light views.
Turnkey & Lifestyle Property: Presented as a 'turnkey home' that combines style, functionality, and immediate access to a vibrant coastal lifestyle, including proximity to The Wedge, Fashion Island, and Balboa's pier.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 2630.
Original Construction Age: Built in 1947, despite extensive upgrades, the underlying structure's age could potentially lead to unforeseen maintenance or infrastructure issues not covered by recent renovations.
Lack of Central Air Conditioning: The property description details numerous modern upgrades but makes no mention of a cooling system, implying the absence of central air conditioning, which could be a comfort concern for some buyers during warmer periods.
Limited Traditional Yard Space: With a house size (2,630 sqft) comparable to the lot size (2,614 sqft), the property likely offers minimal traditional yard space, relying heavily on its multiple decks and patio for outdoor enjoyment, which may not suit all buyer preferences.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state