
Newport Beach, California 92660
This Stunning Bay Front Retreat is a Strong Value Opportunity, listed at $9,900,000—positioned well below the $10,445,829 Fair Market Value by 5%. This valuation gap offers $545,829 in Instant Equity. Featuring a Condition Rating of 2, the home offers a turnkey lifestyle with a chef’s kitchen, private dock, and panoramic bay views. Located in the Newport Mesa Unified district near top-rated schools, this residence is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a premier waterfront asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 Evening Star Subject | $9,900,000* List Price | 5 | 4 | 4,500 | $2,321 | - |
A 8 Beacon Bay Sold | $12,000,000 | 5 | 6 | 5,132 | $2,338 | 0.9 mi |
B 73 Linda Sold | $11,700,000 | 5 | 5 | 4,503 | $2,598 | 0.7 mi |
C 736 Harbor Island Drive Active | $9,750,000 List Price | 5 | 4 | 3,922 | $2,486 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1964, the property features extensive recent renovations including a high-end chef's kitchen with Italian marble and professional Viking/Sub-Zero appliances, new wide-plank flooring, and fresh paint. The home is in mint, move-in ready condition with modern systems like a climate-controlled wine closet.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property boasts 60 feet of premium bay frontage and a private dock, providing direct water access and panoramic views of Newport’s Back Bay, which is a significant value driver in this market.
The inclusion of a four-car garage is an exceptional and rare feature for coastal Newport Beach, offering substantial utility and storage that is highly sought after by luxury buyers.
Originally built in 1964, the property may have underlying infrastructure or floor plan limitations typical of its era that even high-end cosmetic renovations cannot fully eliminate.
At 6,000 square feet, the lot is relatively small for a $9.9M price point, which may deter buyers looking for more traditional yard space or privacy from neighboring properties.
Welcome to 218 Evening Star Lane, an exceptional bay front retreat nestled in the heart of Newport Beach’s prestigious Dover Shores. Positioned on a generous lot with 60 feet of prime bay frontage and a private dock, this stunning resort-style residence captures the essence of California coastal living. Designed for both relaxation and grand entertaining, the home spans approximately 4,500 square feet and offers 5 bedrooms, 3.5 bathrooms, and a rare four-car garage. Its expansive water views take center stage, especially from the upper-level great room—featuring multiple fireplaces, a formal dining area that easily seats twelve, and a climate-controlled 500-bottle wine closet. The chef’s kitchen is a true showpiece, boasting Italian marble countertops, professional-grade Viking and Sub-Zero appliances, and a cozy built-in breakfast nook. Also upstairs, the luxurious primary suite opens to a large private balcony with spa and panoramic bayside patios, an expansive upper deck, and direct access to the private dock—perfect for boating or simply soaking in the scenery. Recent upgrades include new wide-plank flooring, fresh interior and exterior paint, a custom spiral staircase, and epoxy-coated garage floors. Set at the end of a peaceful cul-de-sac, the home also offers exclusive access to three private beaches and proximity to the Newport Aquatic Center, all part of the Dover Shores lifestyle. This residence is a rare opportunity to own a front-row seat to Newport’s iconic waterfront.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-2 • 1.4 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 4,500 | 2,868 |
| Lot Size | 6,000 | 6,914 |
| Price | $9.90M | $4.44M |
| Price per sq ft | $2.2K | $1.6K |
| Built year | 1964 | 1970 |
| HOA | $2100.0 | $430 |
| Days on market | 28 | 59 |
Jun 24, 2026
$9,900,000
Initial Listing
May 1, 1997
$1,150,000
Public Record