1954 Port Locksleigh Place, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 4 bath

1954 Port Locksleigh Place, Newport Beach, California 92660 home-pic-0
ACTIVE$5,888,800
1954 Port Locksleigh Place, Newport Beach, California 92660
5Beds
4Baths
3,700Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($5,888,800) is $0 (0%) lower than the list price ($5,888,800). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Substantial Price Reduction: The property has seen a significant price reduction from its original list price of $7.995M to $5.8888M, which may suggest initial overpricing or market challenges.

Compared to the nearby listings

Price:$5.89M vs avg $3.85M (+$2,040,800)76%
Size:3,700 sqft vs avg 2,673.5 sqft70%
Price/sqft:$1.6K vs avg $1.4K66%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023 and described as a 'CUSTOM, TURN KEY, DOWN TO THE STUDS renovation,' indicating it is virtually new. It features top-of-the-line finishes, white oak flooring, high-tech smart home systems (Savant, keyless entry, dual-zoned HVAC), and a gourmet kitchen with Thermador appliances and a touch-less faucet. The bathrooms are modern with backlit mirrors and contemporary fixtures. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
2023
Close
-
List price
$5.89M
Original List price
$8M
Price/Sqft
$1,592
HOA
$1,720
Days on market
-
Sold On
-
MLS number
OC25071760
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

CUSTOM, TURN KEY, DOWN TO THE STUDS renovation in the heart of Newport Beach. This stunning and modern coastal residence is ideally situated in one of Newport's most sought after neighborhoods "The Port Streets". A quick 5 min walk to HIGHLY desirable Anderson Elementary and 5 minute drive to beaches in Corona Del Mar and Newport Coast. This turn key home harmoniously blends contemporary aesthetics with Feng Shui principles, creating an environment of optimal energy flow and abundant natural light. The spacious interior boasts 5 bedrooms and a loft, (primary and 1 guest bedroom on main floor) 3.5 bathrooms. High ceilings, expansive windows, and white oak flooring enhance the inviting atmosphere, while top-of-the-line finishes add a touch of luxury. For your convenience, the property is equipped with high-tech features such as keyless entry, an automated "Savant" system, surround sound, and dual-zoned heating/air, and motorized and black out curtains. The kitchen is a gourmet's dream with upgrades including a touch-less faucet, Thermador refrigerator, freezer and wine unit. The outdoor space is an entertainer's paradise, featuring a Jacuzzi with smart system control, a pool, and custom fire place and grill island. A short stroll away, you'll discover a community clubhouse, pool and spa, and open field for outdoor activities. The Harbor View neighborhood is zoned for the many award winning schools; Anderson Elementary, Corona Del Mar High School and minutes away from TVT and Sage private schools. Offering plentiful amenities, a community feel, and close proximity to the beach, Fashion Island mall, top restaurants, resorts and more. 1954 Port Locksleigh is more than a home; it's a sanctuary where modern convenience meets timeless design, promising a unique living experience in a welcoming community. Don't miss the opportunity to make this extraordinary property your new home.

Nearby schools

9/10
Roy O. Andersen Elementary School
Public,K-60.2mi
7/10
Abraham Lincoln Elementary School
Public,K-60.6mi
9/10
Corona Del Mar High School
Public,7-121.7mi
Condition Rating
Excellent

This property was built in 2023 and described as a 'CUSTOM, TURN KEY, DOWN TO THE STUDS renovation,' indicating it is virtually new. It features top-of-the-line finishes, white oak flooring, high-tech smart home systems (Savant, keyless entry, dual-zoned HVAC), and a gourmet kitchen with Thermador appliances and a touch-less faucet. The bathrooms are modern with backlit mirrors and contemporary fixtures. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Extensive, Turn-Key Renovation: A 'CUSTOM, TURN KEY, DOWN TO THE STUDS renovation' completed in 2023 ensures modern aesthetics, new systems, and top-of-the-line finishes, offering immediate move-in readiness.
Premier 'Port Streets' Location: Ideally situated in the highly sought-after Harbor View Homes ('The Port Streets') neighborhood, offering excellent walkability to top-rated schools (Anderson Elementary) and a short drive to beaches and amenities.
Luxurious Interior & Smart Home Integration: Features high ceilings, expansive windows, white oak flooring, a gourmet kitchen with Thermador appliances, and advanced smart home technology (Savant system, keyless entry, dual-zoned HVAC, motorized curtains).
Resort-Style Outdoor Entertainment: An 'entertainer's paradise' backyard includes a smart-controlled Jacuzzi, pool, custom fireplace, and grill island, providing exceptional outdoor living.
Desirable Floor Plan & Community Amenities: Offers a spacious 5-bedroom layout with a primary and guest bedroom on the main floor, complemented by access to community clubhouse, pools, spa, and open fields.

Cons

Substantial Price Reduction: The property has seen a significant price reduction from its original list price of $7.995M to $5.8888M, which may suggest initial overpricing or market challenges.
High Monthly Association Fees: The monthly association fee of $1,720.0 is considerably high, adding a substantial recurring cost to homeownership.
Limited View Profile: Described as having only 'Neighborhood' views, it lacks the premium ocean, city lights, or panoramic views that some buyers in this luxury market segment may seek and that some comparable properties offer.

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