
Newport Beach, California 92660
This Custom Newport Beach Estate is a High-Potential Investment Opportunity, listed at $7,400,000—positioned above the $6,756,804 Fair Market Value. While priced for its unique scale, the property features an Excellent Condition Rating and serves as a Car Collector's Paradise with 17-vehicle capacity. Situated in the Newport Mesa Unified district near 9/10 rated schools, this residence offers a rare blend of privacy, seismic engineering, and luxury amenities. It is an ideal acquisition for High-Net-Worth Collectors or Luxury Owner-Occupants seeking a distinctive, entertainment-focused sanctuary.
Property is move-in ready.
Built in 1995, this property is well-maintained and features significant modern updates that place it in the 'Good' category. The kitchen has been renovated with contemporary white cabinetry, stone countertops, and stainless steel appliances. Key systems have been addressed, including a recently installed elevator and multiple HVAC units. The interior finishes, including the flooring and lighting, suggest a renovation within the 5-15 year range, making it move-in ready.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property features extraordinary garage facilities accommodating approximately 17 vehicles, including RV storage, a basement collector-car garage, and a dedicated workshop, a rare find in Newport Beach.
Designed for a social lifestyle, the home boasts a full bar and lounge, a game room, a putting green, and a rooftop deck with city views, providing exceptional indoor-outdoor hosting capabilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19602, other record lot size in square feet = 19800. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5463, other record living area = 4900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Despite offering over 5,400 square feet of living space, the home only provides 4 bedrooms, which may be a drawback for larger families or buyers expecting more suites at this price point.
The current list price of $7.4M represents a substantial jump from the 2021 sale price of $3.12M, which may lead to appraisal challenges or buyer hesitation regarding market value justification.
Modern, private, and designed for entertaining, this gated Newport Beach residence offers approximately 5,463 sq. ft. of living space on an expansive 19,800 sq. ft. (0.45 acre) parcel. Built in 1995, this 3-level home offers exceptional indoor-outdoor living, privacy, and amenities rarely found together in Newport Beach. The property boasts a very long, private gated driveway constructed with 18-inch thick concrete, extending from the front of the property to the rear. A grand foyer with a striking water feature creates a dramatic entrance into the home. The main entertaining spaces include a beautiful full bar and lounge area with an extensive sound system and oversized speakers, as well as a separate game room. 4 bedrooms include a unique loft-style bedroom and the home also features a recently installed elevator, providing convenient access between levels. Multiple outdoor living spaces make this home ideal for entertaining. The main-level outdoor retreat includes a putting green and a completely covered living area with a fireplace, TV, and refrigerator. The grounds are professionally landscaped with large mature palm trees and lush tropical foliage to enhance the beauty and privacy of the property. A separate rooftop entertaining area features city view, BBQ, and comfortable seating and dining areas, creating another beautiful setting for gathering and entertaining. This home is ideal for the auto enthusiast or serious collector. A separate oversized garage offers RV/motorhome space, additional vehicle storage, a dedicated workshop and bath. An additional basement garage provides extensive collector-car storage. Together, the 2 garages can accommodate approximately 17 vehicles, with the potential for additional capacity based on vehicle size and cconfiguration. Additional features include seismic engineering, water filtration, multiple HVAC system, whole-home sound and REQ residential equestrian zoning. With 4 bedrooms, 6 baths, nearly a 1/2 acre of private gated grounds, and extraordinary spaces for living and entertaining both indoors and out, this home is anything but ordinary. Bold, distinctive, and truly one of a kind in Newport Beach.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 3-6 • 1.7 mi
Grades PK-2 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 3.5 |
| Square foot | 5,463 | 2,652.074 |
| Lot Size | 19,602 | 6,056.485 |
| Price | $7.40M | $4.19M |
| Price per sq ft | $1.4K | $1.6K |
| Built year | 1995 | 1972 |
| HOA | $0 | $463 |
| Days on market | 66 | 70 |
Aug 20, 2026
$7,400,000
Initial Listing
Jan 27, 2021
$3,120,000
Public Record
Dec 29, 1994
$685,000
Public Record