1936 Galaxy Drive, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 4 bath

1936 Galaxy Drive, Newport Beach, California 92660 home-pic-0
ACTIVE$7,995,000
1936 Galaxy Drive, Newport Beach, California 92660
4Beds
4Baths
3,355Sqft
9,000Lot

Price Vs. Estimate

The estimated value ($5,598,744.28) is $2,396,255.72 (29%) lower than the list price ($7,995,000). 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:
Significant Valuation Discrepancy: The current list price is substantially higher than the property's estimated value, suggesting a potential overpricing issue or a disconnect with recent market comparables.

Compared to the nearby listings

Price:$8.00M vs avg $3.85M (+$4,147,000)90%
Size:3,355 sqft vs avg 2,673.5 sqft66%
Price/sqft:$2.4K vs avg $1.4K97%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this property has undergone an extensive, high-end renovation, bringing it to current luxury standards. The description highlights a 'showpiece chef’s kitchen with Calacatta marble countertops, floating white oak shelving, designer brass hardware, and top-tier appliances,' and a 'spa-like bath with a freestanding tub, glass-enclosed shower, and polished Calacatta marble finishes.' The images confirm these details, showcasing pristine, modern finishes, white European oak floors, and custom tile work throughout. Major structural upgrades are also noted, indicating a comprehensive overhaul. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition score.
Year Built
1967
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$2,383
HOA
$115.25
Days on market
-
Sold On
-
MLS number
OC25093186
Home ConditionExcellent
Features
Excellent View: Bay, Back Bay, City Lights, Meadow, Water
Deck
Pool
Spa
ViewBay,Back Bay,City Lights,Meadow,Water

About this home

This architectural ranch-style gem in Dover Shores offers striking design, breathtaking Back Bay and city light views, and an abundance of outdoor space, including a private courtyard with a stunning pool and spa. Set on a 9,000 square foot lot, the 3,355 square foot home features 4 bedrooms and 4 bathrooms, welcoming you with a custom white oak entry, soaring beamed ceilings, and a seamless indoor-outdoor flow. The living and dining rooms showcase a white brick fireplace, serene vistas, and a custom built-in bar. Anchoring the home is a showpiece chef’s kitchen with Calacatta marble countertops, floating white oak shelving, designer brass hardware, and top-tier appliances. The expansive deck is an entertainer’s dream with a fire pit, dining area, and lounge space overlooking panoramic views. Major structural upgrades—including a massive grade beam and multiple caissons—make this one of the most soundly built homes in the area. The luxurious primary suite opens to the deck through folding glass doors and offers a spa-like bath with a freestanding tub, glass-enclosed shower, and polished Calacatta marble finishes. Three additional ensuite bedrooms and a versatile family room opening to the pool complete the layout. High-end details include white European oak floors, custom tile work, a three-car garage, and a well-appointed laundry room with double-stacked appliances. Residents of Dover Shores enjoy private beach access, scenic trails, and proximity to the Newport Aquatic Center. This is a rare opportunity to experience sophisticated coastal living with flawless craftsmanship and design.

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.7mi
/10
Woodland Elementary School
Public,PK-20.7mi
8/10
Heinz Kaiser Elementary School
Public,3-60.8mi
8/10
Mariners Elementary School
Public,PK-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-82.1mi
9/10
Corona Del Mar High School
Public,7-120.9mi
7/10
Newport Harbor High School
Public,9-121.7mi
Condition Rating
Excellent

Despite being built in 1967, this property has undergone an extensive, high-end renovation, bringing it to current luxury standards. The description highlights a 'showpiece chef’s kitchen with Calacatta marble countertops, floating white oak shelving, designer brass hardware, and top-tier appliances,' and a 'spa-like bath with a freestanding tub, glass-enclosed shower, and polished Calacatta marble finishes.' The images confirm these details, showcasing pristine, modern finishes, white European oak floors, and custom tile work throughout. Major structural upgrades are also noted, indicating a comprehensive overhaul. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Panoramic Views: The property boasts breathtaking Back Bay and city light views, along with serene vistas from multiple areas, significantly enhancing its appeal and value.
High-End Renovation & Design: Extensively renovated with flawless craftsmanship, featuring a showpiece chef’s kitchen with Calacatta marble and top-tier appliances, custom white oak details, soaring beamed ceilings, and luxurious finishes throughout.
Exceptional Outdoor Living: Offers an abundance of outdoor space, including a private courtyard with a stunning pool and spa, and an expansive entertainer's deck with a fire pit, dining, and lounge areas.
Superior Structural Integrity: Benefits from major structural upgrades, including a massive grade beam and multiple caissons, making it one of the most soundly built homes in the area.
Prime Location & Community Amenities: Located in the desirable Dover Shores community, providing residents with private beach access, scenic trails, and proximity to the Newport Aquatic Center.

Cons

Significant Valuation Discrepancy: The current list price is substantially higher than the property's estimated value, suggesting a potential overpricing issue or a disconnect with recent market comparables.
Original Build Year: Despite extensive renovations, the home's original construction year of 1967 may raise concerns for some buyers regarding unseen infrastructure (e.g., plumbing, electrical) if not explicitly stated as fully updated.
Lack of Explicit Cooling System: The property description does not mention a cooling system, which could be a notable drawback for comfort during warmer months in Southern California and may require future installation.

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