2117 Miramar Drive, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 4 bath

2117 Miramar Drive, Newport Beach, California 92661 home-pic-0
ACTIVE$4,950,000
2117 Miramar Drive, Newport Beach, California 92661
4Beds
4Baths
2,352Sqft
2,450Lot

Price Vs. Estimate

The estimated value ($4,950,000) is $0 (0%) lower than the list price ($4,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2450, living area = 2352.

Compared to the nearby listings

Price:$4.95M vs avg $4.22M (+$725,000)54%
Size:2,352 sqft vs avg 2,046 sqft62%
Price/sqft:$2.1K vs avg $2.7K31%

More Insights

Built in 1981 (44 years old).
Condition: Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The description highlights it as 'beautifully remodeled' with 'modern comforts' and 'luxury amenities.' The bathrooms are a prime example, featuring spa-like en-suite baths with modern fixtures, large format tile, backlit LED mirrors, and a freestanding BainUltra massage tub. The kitchen, though not fully pictured, boasts granite countertops and a Sub-Zero refrigerator, indicating high-end updates. New, high-efficiency heating and weather-resistant air conditioning systems are also noted. The flooring, light fixtures, and overall aesthetic are contemporary and well-maintained, suggesting a renovation within the last 5-10 years, meeting current quality standards with virtually no deferred maintenance.
Year Built
1981
Close
-
List price
$4.95M
Original List price
$5.75M
Price/Sqft
$2,105
HOA
-
Days on market
-
Sold On
-
MLS number
219131212DA
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Panoramic, Peek-A-Boo, Water
Deck
Patio
ViewBay,City Lights,Panoramic,Peek-A-Boo,Water

About this home

Nestled on one of Peninsula Point's most desirable streets, this beautifully remodeled, clean, and well-maintained turnkey-furnished home is just one block from the bay, beach, the Wedge, and the West Jetty View park. As a primary residence or luxury vacation retreat, it perfectly blends timeless style with modern comforts. The inviting main living area flows seamlessly into the dining space, creating a warm, sophisticated ambiance. French doors open to a spacious patio, ideal for morning coffee or evening gatherings. The open-concept kitchen features granite countertops, a Sub-Zero refrigerator, and direct access to a second outdoor patio with its own built-in fireplace--perfect for alfresco dining. Bathed in natural light, the home offers four bedrooms and three and a half bathrooms. The tranquil primary suite boasts its own fireplace, a spa-like en-suite bath with a BainUltra massage tub, and a custom walk-in closet. A standout feature is the expansive, fully renovated roof deck finished with elegant copper trim. This versatile space provides panoramic views of the water, city lights, and breathtaking sunsets, making it ideal for entertaining or quiet relaxation. Additional highlights include a three-car direct-access garage, slate roof, skylights, custom stainless steel handrails inside and out, weather-resistant windows and a garage door, a new quiet, high-efficiency heater, a weather-resistant air conditioner, custom closets, and an outdoor shower. Home is located minutes from Balboa Pier, Balboa Island Ferry, the historic Fun Zone, Peninsula Point Racquet Club, and Lido Marina Village--offering you the best of Newport Beach's coastal lifestyle.

Nearby schools

9/10
Newport Elementary School
Public,PK-62.1mi
7/10
Horace Ensign Intermediate School
Public,7-82.4mi
7/10
Newport Harbor High School
Public,9-122.5mi
Condition Rating
Excellent

Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The description highlights it as 'beautifully remodeled' with 'modern comforts' and 'luxury amenities.' The bathrooms are a prime example, featuring spa-like en-suite baths with modern fixtures, large format tile, backlit LED mirrors, and a freestanding BainUltra massage tub. The kitchen, though not fully pictured, boasts granite countertops and a Sub-Zero refrigerator, indicating high-end updates. New, high-efficiency heating and weather-resistant air conditioning systems are also noted. The flooring, light fixtures, and overall aesthetic are contemporary and well-maintained, suggesting a renovation within the last 5-10 years, meeting current quality standards with virtually no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Situated on one of Peninsula Point's most coveted streets, offering unparalleled proximity to the bay, beach, The Wedge, and West Jetty View Park, embodying the quintessential Newport Beach coastal lifestyle.
Turnkey & Extensively Remodeled: A beautifully remodeled, clean, and well-maintained home offered turnkey-furnished, seamlessly blending timeless style with modern comforts and high-quality finishes throughout.
Panoramic View Roof Deck: Features an expansive, fully renovated roof deck with elegant copper trim, providing versatile outdoor living space and breathtaking panoramic views of the water, city lights, and sunsets.
Luxury Amenities & High-End Finishes: Boasts an open-concept kitchen with granite countertops and a Sub-Zero refrigerator, a primary suite with a fireplace and spa-like bath, and custom details like stainless steel handrails and custom closets.
Durable & Modern Infrastructure: Equipped with a slate roof, weather-resistant windows and garage door, a new high-efficiency heater, and a weather-resistant air conditioner, ensuring long-term durability and comfort.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2450, living area = 2352.
Significant Price Adjustment: The property has undergone a substantial price reduction from its original listing of $5.75M to $4.95M, which may indicate previous overpricing or market resistance.
Limited Lot Size: With a lot size of 2450 sqft, the property offers relatively limited ground-level outdoor space, which might be a consideration for buyers desiring a larger yard.
Original Construction Year: While extensively updated, the home's original construction dates back to 1981, which could be a factor for buyers specifically seeking newer builds or those concerned about the age of underlying systems not explicitly mentioned as replaced.

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