20462 Birch Street, Newport Beach, California 92660, Newport Beach, 92660 - 6 bed, 4 bath

20462 Birch Street, Newport Beach, California 92660 home-pic-0
ACTIVE$40,000,000
20462 Birch Street, Newport Beach, California 92660
6Beds
4Baths
14,985Sqft
20,077Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Ultra-Luxury Price Point: The $40,000,000 list price places this property in an extremely niche market, significantly limiting the pool of potential buyers and potentially extending market time.

Compared to the nearby listings

Price:$40.00M vs avg $3.85M (+$36,152,000)99%
Size:14,985 sqft vs avg 2,673.5 sqft99%
Price/sqft:$2.7K vs avg $1.4K98%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. All components, including the kitchen and bathrooms, are expected to be new, state-of-the-art, and meet current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
2024
Close
-
List price
$40M
Original List price
$40M
Price/Sqft
$2,669
HOA
-
Days on market
-
Sold On
-
MLS number
NP24252101
Home ConditionExcellent
Features
Excellent View: Back Bay, Courtyard, Neighborhood, Panoramic, Pond, Pool, Vineyard
Deck
Pool
ViewBack Bay,Courtyard,Neighborhood,Panoramic,Pond,Pool,Vineyard

About this home

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.9mi
8/10
Heinz Kaiser Elementary School
Public,3-61.5mi
/10
Woodland Elementary School
Public,PK-21.7mi
8/10
Mariners Elementary School
Public,PK-62.3mi
7/10
Horace Ensign Intermediate School
Public,7-83.3mi
9/10
Corona Del Mar High School
Public,7-121.4mi
7/10
Newport Harbor High School
Public,9-122.9mi
Condition Rating
Excellent

This property was built in 2024, making it brand new construction. All components, including the kitchen and bathrooms, are expected to be new, state-of-the-art, and meet current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Brand New Construction: Built in 2024, this property offers the advantages of modern design, state-of-the-art systems, and no immediate maintenance concerns, appealing to buyers seeking a move-in ready luxury home.
Expansive Living & Lot Size: With an impressive 14,985 sqft of living space, 6 bedrooms, 4 bathrooms, and a generous 20,077 sqft lot, the property provides unparalleled scale for luxury living, entertaining, and potential for extensive outdoor amenities.
Prestigious Newport Beach Location: Situated in Newport Beach, a highly sought-after coastal city, the property benefits from an exclusive address within the 'Back Bay Custom Homes' subdivision, ensuring high desirability and long-term value.
Exceptional & Diverse Views: The property boasts a variety of desirable views including Back Bay, Panoramic, Pond, Pool, and Vineyard, enhancing its aesthetic appeal and providing a serene and luxurious environment.
Access to Top-Rated Schools: Located within the Newport Mesa Unified district, the property is in close proximity to several highly-rated schools, including Eastbluff Elementary (9/10) and Corona Del Mar High School (9/10), a significant draw for families.

Cons

Ultra-Luxury Price Point: The $40,000,000 list price places this property in an extremely niche market, significantly limiting the pool of potential buyers and potentially extending market time.
Limited Market Depth: Due to its ultra-high price and specific luxury segment, the property inherently faces a smaller buyer demographic compared to broader market offerings, requiring a targeted marketing strategy.
Lack of Detailed Amenity Specification: While new, the current details do not explicitly highlight specific high-end luxury features, smart home technology, or bespoke finishes that buyers at this price point typically expect and seek, which could necessitate further inquiry.

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