
Newport Beach, California 92660
This Stunning Luxury Residence represents a Strong Value Opportunity, listed at $4,795,000—positioned well below the $5,012,577 Fair Market Value by 4%. This valuation gap offers $217,577 in Instant Equity for the discerning buyer. Featuring a Good Condition Rating with a 2015 remodel, the home includes a private elevator, Tesla Powerwall, and a resort-style pool and spa. Located in guard-gated Bonita Canyon, this property is an ideal acquisition for multi-generational families or luxury owner-occupants seeking a turnkey, high-efficiency lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Regents Subject | $4,795,000* List Price | 5 | 4 | 3,153 | $1,567 | - |
A 9 Winthrop Sold | $4,325,000 | 5 | 3 | 2,951 | $1,466 | 0.2 mi |
B 72 Victoria Sold | $4,200,000 | 4 | 3 | 2,951 | $1,423 | 0.1 mi |
C 1860 Port Taggart Place Sold | $5,300,000 | 5 | 5 | 3,164 | $1,675 | 0.8 mi |
D 1827 Port Westbourne Place Sold | $4,995,000 | 4 | 3 | 3,149 | $1,586 | 0.4 mi |
E 1981 Port Dunleigh Circle Sold | $5,995,000 | 5 | 4 | 3,300 | $1,817 | 0.7 mi |
F 8 Westridge Sold | $3,880,000 | 3 | 3 | 2,651 | $1,464 | 0.2 mi |
G 1924 Port Bristol Sold | $6,200,000 | 5 | 5 | 3,198 | $1,939 | 0.3 mi |
H 23 Cervantes Sold | $5,700,000 | 5 | 5 | 4,139 | $1,377 | 0.2 mi |
I 5 Thunderbird Active | $5,795,000 List Price | 3 | 5 | 3,923 | $1,477 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999 with an extensive remodel in 2015 (9 years ago). Features updated custom kitchen cabinetry, stone counters, and modern systems including PEX repiping and a Tesla Powerwall. The property is well-maintained and move-in ready, falling within the 5-15 year renovation criteria for a 'Good' rating.
The rare inclusion of a private elevator and a flexible first-floor bonus room makes this residence ideal for multi-generational living or buyers seeking a long-term 'forever' home.
Extensively remodeled in 2015, the home features premium custom cabinetry, PEX repiping, and a Tesla Powerwall for superior energy efficiency and backup power.
Folding doors create a seamless transition to a resort-style backyard on an oversized lot, complete with a refinished pool, spa, and built-in BBQ area.
The property is noted as having no significant views, which may be a disadvantage for luxury buyers expecting ocean or city light vistas in this price bracket.
While high-quality, the 2015 remodel is nearly a decade old, meaning some aesthetic elements may soon require updates to compete with brand-new luxury inventory.
Rare opportunity to own a luxury former model home in guard-gated Bonita Canyon! This stunning residence sits on an oversized lot and features a private elevator—perfect for multi-generational living or making this your last move. Finished first-floor bonus room offers flexible space for office, guest suite, or in-law quarters. Extensively remodeled in 2015: new flooring, custom kitchen cabinetry, wood paneling, home expansion, and PEX repiping. Tesla Powerwall adds modern efficiency & backup power. Folding doors seamlessly open to the backyard, blending indoor and outdoor living, while generous storage areas throughout keep everything organized and out of sight. Resort-style backyard boasts refinished pool & spa, custom trellis, built-in BBQ, and beautifully redone hardscape/landscaping—ideal for entertaining. Enjoy exclusive community amenities: tennis courts, pool, parks & walking trails, all within a secure, gated neighborhood. A rare blend of luxury, function, and lifestyle. Don't miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.8 |
| Square foot | 3,153 | 2,729.518 |
| Lot Size | 7,495 | 6,677.813 |
| Price | $4.79M | $4.20M |
| Price per sq ft | $1.5K | $1.6K |
| Built year | 1999 | 1972 |
| HOA | $450.0 | $414 |
| Days on market | 41 | 63 |
Jul 30, 2026
$4,795,000
Initial Listing
Jan 12, 2015
$2,102,000
Public Record
Mar 14, 2006
$2,100,000
Public Record
Nov 8, 2004
$1,675,000
Public Record
Jul 30, 2002
$1,150,000
Public Record
Mar 16, 2000
$980,000
Public Record