1743 Miramar, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 5 bath

1743 Miramar, Newport Beach, California 92661 home-pic-0

1743 Miramar

Newport Beach, California 92661

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,017Sq Ft
2,450Lot Size

Property Price

LIST PRICE$4,150,000
EST. MARKET VALUE
$4,144,237

SUMMARY

Estimated Market Value

$4,144,237
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
1743 Miramar
Subject
$4,150,000*
List Price
453,017$1,374-
A
1585 Miramar
Active
$4,550,000
List Price
432,630$1,7300.1 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 is a 2026 new construction RTI (Ready to Build) project featuring ultra-modern architectural design. The approved plans specify high-end features including a chef's kitchen with an oversized island, a luxury primary suite with a spa-style bath and soaking tub, an elevator, and EV charging capabilities, all meeting the highest current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Prime Coastal Location

    Situated in the exclusive Balboa Peninsula Point, this property offers unparalleled access to both the beach and Newport Bay, within walking distance of the Balboa Fun Zone and local amenities.

  • RTI (Ready-to-Build) Status

    The sale includes fully approved plans for a modern 3,017 sq. ft. residence, significantly reducing the typical multi-year lead time and complexity associated with coastal development permits.

CONSRISKS & DEFICIENCIES

  • 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 = 2450, living area = 3017.

  • Excludes Construction Costs

    The $4.15M list price covers only the land and approved plans; the buyer must secure additional financing and management for the actual construction of the residence.

  • Delayed Occupancy

    With permits not anticipated until late 2025, the property is not suitable for buyers seeking immediate occupancy, as the construction phase will extend the move-in timeline significantly.

About 1743 Miramar

READY TO BUILD - Approved Plans will be delivered at the Escrow– RTI Project Rare opportunity to build a custom residence on the iconic Balboa Peninsula Point. This prime location is just steps from the beach and within walking distance of the Balboa “Fun Zone,” shops, restaurants, Newport Bay, Balboa Pier, Ferry, and Village. Approved plans showcase a stunning 3-level design offering 3,017 sq ft., 4 bedrooms + office, and 4.5 baths, with an elevator for easy access. The main level features a chef’s kitchen with oversized island, bar seating, and an airy living area that opens to a front patio through floor-to-ceiling glass doors—perfect for indoor/outdoor living. The second level includes a private primary suite with spa bath, soaking tub, walk-in shower, dual vanities, balcony, and large walk-in closet. Two additional en-suite bedrooms complete this floor. The third level offers another bedroom and bath, plus direct access to an expansive 1,100+ sq ft. rooftop deck with both covered and open lounging areas—an entertainer’s dream. Additional highlights include an oversized 2-car garage with EV charging capabilities, ample storage, and a carport for a third vehicle. Permits & plans anticipated in December 2025. A rare chance to customize and create your dream home in one of Southern California’s most sought-after coastal communities. Price includes only the lot and plans. It doesn't include construction cost.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
2,450 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Elementary School

Grades PK-6 • 1.9 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 2.2 mi

7/10

Newport Harbor High School

Grades 9-12 • 2.4 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
58%
Baths5.04.0
74%
Square foot3,0172,315
71%
Lot Size2,4502,614
48%
Price$4.15M$4.50M
48%
Price per sq ft$1.4K$2.5K
3%
Built year20261990
97%
HOA$0$0
50%
Days on market151177
23%

Pricing History

Listed for Sale

Oct 7, 2025

$4,150,000

Initial Listing

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