Realkey.ai
RealKey
‪(213) 433-7766‬

2012 Port Chelsea, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 4 bath

2012 Port Chelsea, Newport Beach, California 92660 home-pic-0
ACTIVE$5,500,000$2,571/sqft
Est. Value: $4,708,021
-14%
AboveEstimate
2012 Port Chelsea, Newport Beach, California 92660
5Beds
4Baths
2,571Sqft
5,915Lot

Price Vs. Estimate

The estimated value ($4,708,020.52) is $791,979.48 (14%) lower than the list price ($5,500,000). 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:
Lack of Mention of Central Air Conditioning: Despite extensive renovations, the property description does not explicitly mention a central cooling system, which is a highly desired amenity in Southern California.

Compared to the nearby listings

Price:$5.50M vs avg $3.84M (+$1,662,000)71%
Size:2,571 sqft vs avg 2,650 sqft47%
Price/sqft:$2.1K vs avg $1.4K88%

More Insights

Built in 1969 (57 years old).
Condition: This property has been 'completely re-imagined from the studs' and 'thoughtfully rebuilt with no expense spared,' including the addition of a full second story. This extensive renovation makes it virtually new, despite the original 1969 build year. The images confirm a high-end, modern aesthetic throughout, featuring a stunning chef's kitchen with custom white oak cabinetry, professional-grade appliances, and luxurious quartz countertops. Bathrooms are equally modern with floating vanities, vessel sinks, and glass-enclosed showers. All flooring is new hardwood, and lighting is contemporary recessed and designer fixtures. The property meets current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
1969
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$2,139
HOA
$115
Days on market
-
Sold On
-
MLS number
OC26006748
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Neighborhood
Patio
ViewCity Lights,Mountain(s),Neighborhood

About this home

Completely re-imagined from the studs, this exceptional Port Streets residence was thoughtfully rebuilt with no expense spared, including the addition of a full second story. Set on an elevated lot, the home enjoys rare Saddleback Mountain views and an ideal indoor-outdoor layout. The flexible floor plan offers five bedrooms plus a loft, including two primary suites—one conveniently located on the main level and one upstairs—making it ideal for multi-generational living or guests. Three bedrooms are located downstairs, with two bedrooms and a loft upstairs. At the heart of the home is a stunning chef’s kitchen featuring custom white oak cabinetry of the highest quality, professional-grade appliances, and a built-in wine refrigerator. Every finish has been carefully selected, blending timeless design with modern functionality. Additional highlights include a 240-volt electric vehicle charging outlet in the garage, a whole-home water filtration system, and reverse osmosis, offering both convenience and elevated everyday living. The spacious backyard is designed for easy living and entertaining, complete with low-maintenance turf and ample room to relax or play. This is a rare opportunity to own a fully rebuilt, move-in-ready home in one of Newport Beach’s most coveted neighborhoods.

G
Garrett Weston
Listing Agent

Nearby schools

9/10
Roy O. Andersen Elementary School
Public,•K-6•0.3mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•1.0mi
9/10
Corona Del Mar High School
Public,•7-12•1.7mi

Price History

Date
Event
Price
03/02/22
Sold
$2,640,000
11/25/19
Sold
$1,680,000
12/05/13
Sold
$1,500,000
03/09/12
Sold
$950,000
Condition Rating
Excellent
This property has been 'completely re-imagined from the studs' and 'thoughtfully rebuilt with no expense spared,' including the addition of a full second story. This extensive renovation makes it virtually new, despite the original 1969 build year. The images confirm a high-end, modern aesthetic throughout, featuring a stunning chef's kitchen with custom white oak cabinetry, professional-grade appliances, and luxurious quartz countertops. Bathrooms are equally modern with floating vanities, vessel sinks, and glass-enclosed showers. All flooring is new hardwood, and lighting is contemporary recessed and designer fixtures. The property meets current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition 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 Renovation & Modernization: Completely re-imagined from the studs and thoughtfully rebuilt with no expense spared, including the addition of a full second story, offering a virtually new home experience.
Gourmet Chef's Kitchen: Features a stunning chef’s kitchen with custom white oak cabinetry, professional-grade appliances, and a built-in wine refrigerator, appealing to discerning buyers.
Flexible Multi-Generational Layout: Offers a flexible floor plan with five bedrooms plus a loft, including two primary suites (one on each level), ideal for multi-generational living or accommodating guests.
Premium Location & Views: Situated on an elevated lot in one of Newport Beach’s most coveted neighborhoods (Port Streets), enjoying rare Saddleback Mountain views.
High-End Modern Amenities: Equipped with a 240-volt EV charging outlet, whole-home water filtration system, and reverse osmosis, providing convenience and elevated daily living.

Cons

Lack of Mention of Central Air Conditioning: Despite extensive renovations, the property description does not explicitly mention a central cooling system, which is a highly desired amenity in Southern California.
Original Construction Year: While extensively rebuilt, the original year built of 1969 might still be a psychological factor for some buyers, despite the comprehensive modernization.
Absence of a Pool/Spa: For a luxury property in Newport Beach with a spacious backyard, the lack of a pool or spa could be a drawback for some high-end buyers expecting this feature.
Browse Properties by State Browse housing market trends by state