
Newport Beach, California 92660
This Expanded Luxury Estate is a Strong Value Opportunity, listed at $6,495,000—positioned well below the $7,084,630 Fair Market Value by 8%. This valuation gap provides $589,630 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the residence features hand-scraped hickory floors, a chef’s kitchen with Sub-Zero appliances, and a resort-style backyard with a saltwater pool. Located near Top-Rated Schools like Eastbluff Elementary and Corona Del Mar High, it balances high-end living with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2033 Holiday Subject | $6,495,000* List Price | 5 | 8 | 5,744 | $1,233 | - |
A 8 Gleneagles Drive Sold | $7,520,000 | 5 | 6 | 5,130 | $1,466 | 0.4 mi |
B 4 Huntington Court Sold | $5,000,000 | 4 | 5 | 5,805 | $861 | 0.5 mi |
C 3 Cypress Point Lane Sold | $7,826,305 | 4 | 5 | 5,392 | $1,451 | 0.7 mi |
D 115 Old Course Drive Sold | $6,800,000 | 4 | 5 | 5,130 | $1,326 | 0.2 mi |
E 4 Huntington Court Active | $5,395,000 List Price | 4 | 5 | 5,805 | $929 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive expansion and high-end renovation, effectively transforming the 1959 structure into a modern luxury estate. The interior features premium hand-scraped hickory flooring, quartz countertops, and professional-grade appliances including Sub-Zero and JennAir. With updated mechanical systems (three A/C units, three furnaces, and tankless water heating) and a resort-style backyard, the home meets current high-quality standards with no signs of deferred maintenance.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated on a rare oversized double lot, this property features a resort-style backyard with a 9-foot-deep saltwater pool, rock slide, outdoor kitchen, and a covered outdoor family room, offering unparalleled space for Newport Beach.
Expanded to over 6,000 square feet, the home includes specialized luxury spaces such as a home theater, private gym, craft room, and office, catering perfectly to both grand entertaining and multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Despite the premium price point and prestigious location, the property does not offer the ocean or city light views frequently expected by luxury buyers in the Newport Beach market.
While significantly expanded and upgraded, the original 1959 build date may present architectural or structural limitations compared to modern ground-up new constructions in the same price bracket.
Expanded to approximately 5,700 sq. ft. (originally 4,300 sq. ft. with an additional 1,800 sq. ft. added), this exceptional 5-bedroom, 7.5-bath residence sits on a rare oversized lot that was originally a double lot. Designed for both comfortable living and grand entertaining, the home features formal living and dining rooms, a spacious family room, private office/study, craft room, home gym, indoor laundry, and a large home theater/game room with gas fireplace and half bath. All three secondary bedrooms upstairs are en suite, and the primary suite offers a walk-in closet, large jetted tub, and its own additional 75-gallon water heater, complementing the home’s tankless system. The kitchen includes quartz countertops, a 5-burner JennAir cooktop, double JennAir wall ovens, Sub-Zero refrigerator, walk-in pantry, and instant hot water faucet. Upgrades throughout include hand-scraped hickory floors, solid hickory stair treads on both front and back staircases, Hunter Douglas 2” wood blinds, ceiling fans throughout, and four gas fireplaces located in the living room, family room, home theater, and outdoor family room. The backyard features a 9-foot-deep saltwater pool with waterfall, rock slide, and diving rock, a 7-person spa, outdoor kitchen, covered outdoor family room with fireplace and infrared heaters, expansive grass yard, elevated irrigated garden beds, and mature custom landscaping. Additional highlights include an oversized garage, fire sprinkler system (fully maintained with new heads installed last year), three A/C units, three furnaces, ADT and Ring security systems, and front and rear sprinkler systems.
No exterior & parking available.
Grades PK-2 • 0.5 mi
Grades 3-6 • 0.6 mi
Grades PK-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 8.0 | 3.0 | 98% |
| Square foot | 5,744 | 2,621.5 | 97% |
| Lot Size | 13,640 | 7,500 | 95% |
| Price | $6.50M | $3.97M | 80% |
| Price per sq ft | $1.1K | $1.4K | 22% |
| Built year | 1959 | 1970 | 9% |
| HOA | $0 | $375 | 33% |
| Days on market | 52 | 161 | 10% |
Mar 2, 2026
$6,495,000
Initial Listing
Nov 6, 2002
$1,175,000
Public Record