
Newport Beach, California 92660
This detached single-family home in the gated Newport Palisades is a Strong Value Opportunity, listed at $1,478,000—positioned well below the $1,594,115 Fair Market Value by 7%. This valuation gap offers $116,115 in Instant Equity. Boasting a Mint Condition Rating with recent renovations, the home features three en-suite bedrooms, a Sub-Zero wine fridge, and solar power with an EV charger. Zoned for elite 9/10 rated schools like Corona Del Mar High, this property balances luxury with financial upside. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Although built in 2013 (13 years old), the property features recent renovations including new flooring, carpet, and paint, meeting the <5y reno criteria. It boasts high-end modern systems including solar power, a tankless water heater, and an EV charger, along with a mint-condition kitchen featuring premium Sub-Zero appliances.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property is equipped with a solar power system, an electric car charger, and a tankless water heater, providing significant long-term utility savings and modern convenience.
Each of the three bedrooms features its own private bathroom, offering a high level of privacy and convenience that is ideal for families or hosting guests.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2161, living area = 1835.
With a lot size of only 2,161 square feet, the property offers very limited yard space, which may be a drawback for buyers seeking significant outdoor entertaining areas.
The listing indicates no specific views, which can be a competitive disadvantage in the high-end Newport Beach market where coastal or city light views are highly coveted.
Newport Palisades gated community , 3 Bedroom 3.5 Bathroom detached single family home, each bedroom has its own bathroom. New flooring, new carpet and new paint. Kitchen has pantry and built in Sub-Zero 144 bottle wine fridge, Smart Thermostat, Solar Power System,Dual Paned Windows, Two car attached Finished Garage with storage, an Electric Car Charger, and a Tankless Water Heater. Coveted schools, beaches, golf courses, dining, shopping, and resorts within miles.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 3-6 • 1.5 mi
Grades PK-2 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 4.0 | 3.0 | 51% |
| Square foot | 1,835 | 2,616 | 10% |
| Lot Size | 2,161 | 7,475 | 9% |
| Price | $1.48M | $4.00M | 2% |
| Price per sq ft | $805 | $1.4K | 3% |
| Built year | 2013 | 1970 | 92% |
| HOA | $225.0 | $375 | 45% |
| Days on market | 33 | 138 | 2% |
May 5, 2026
$1,478,000
Initial Listing
Oct 29, 2021
$1,300,000
Public Record
Jul 24, 2018
$885,000
Public Record
Apr 7, 2014
$732,000
Public Record