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$2,352/sqft
Est. Value: $5,397,748
9%
BelowEstimate
2117 Miramar Drive, Newport Beach, California 92661
4Beds
4Baths
2,352Sqft
2,450Lot

Price Vs. Estimate

The estimated value ($5,397,747.53) is $447,747.53 (9%) higher than the list price ($4,950,000). This property may be underpriced.

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 $4.40M (+$550,000)52%
Size:2,352 sqft vs avg 2,090 sqft55%
Price/sqft:$2.1K vs avg $2.5K31%

More Insights

Built in 1981 (45 years old).
Condition: This property has undergone an extensive and high-quality remodel, making it virtually new in its critical components and aesthetic. The kitchen features high-end Sub-Zero appliances, granite countertops, and modern cabinetry. Bathrooms are luxurious with a BainUltra massage tub, marble-look tiling, and contemporary fixtures. The description highlights new, high-efficiency HVAC systems and a fully renovated roof deck, indicating recent and comprehensive updates that meet current quality standards with no deferred maintenance.
Year Built
1981
Close
-
List price
$4.95M
Original List price
$4.95M
Price/Sqft
$2,105
HOA
-
Days on market
-
Sold On
-
MLS number
219140574DA
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, one block from the bay, beach, the Wedge, and the West Jetty View park, this beautifully remodeled and turnkey-furnished primary residence or luxury vacation retreat 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.

L
Loan Ly
Listing Agent

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

Price History

Date
Event
Price
05/24/10
Sold
$1,620,000
09/12/03
Sold
$1,550,000
Condition Rating
Excellent

This property has undergone an extensive and high-quality remodel, making it virtually new in its critical components and aesthetic. The kitchen features high-end Sub-Zero appliances, granite countertops, and modern cabinetry. Bathrooms are luxurious with a BainUltra massage tub, marble-look tiling, and contemporary fixtures. The description highlights new, high-efficiency HVAC systems and a fully renovated roof deck, indicating recent and comprehensive updates that meet current quality standards with 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 desirable streets, just one block from the bay, beach, the Wedge, and West Jetty View park, offering unparalleled access to Newport Beach's iconic coastal attractions.
Expansive Panoramic Roof Deck: Features a fully renovated roof deck with elegant copper trim, providing breathtaking panoramic views of the water, city lights, and sunsets, ideal for entertaining or private relaxation.
Extensive Remodel & Turnkey Condition: Beautifully remodeled and turnkey-furnished, blending timeless style with modern comforts, including high-end kitchen appliances (Sub-Zero), a spa-like primary bath (BainUltra tub), and custom finishes throughout.
Luxury Amenities & Features: Equipped with premium features such as a three-car direct-access garage, slate roof, multiple fireplaces (indoor and outdoor), weather-resistant windows/AC, skylights, and an outdoor shower, enhancing comfort and value.
Versatile Property Use: Marketed as both a primary residence and a luxury vacation retreat, appealing to a broad range of discerning buyers seeking a high-end coastal lifestyle or investment opportunity.

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.
Compact Lot Size: The lot size of 2450 sqft is relatively small for a luxury property in this exclusive Newport Beach area, potentially limiting extensive outdoor living space beyond the existing patios and roof deck.
Original Construction Year: While extensively remodeled, the home's original construction year of 1981 may be a consideration for buyers who prefer newer builds or properties with more recent full structural updates.
Absence of Private Pool/Spa: For a luxury property at this price point and location, the lack of a private outdoor pool or spa (beyond the indoor BainUltra tub) could be a perceived drawback for some high-end buyers.
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