
Newport Beach, California 92661
This Luxury Bayfront Craftsman is listed at $14,500,000, aligning perfectly with its $14,500,000 Fair Market Value. Boasting a Condition Rating of 3, this move-in ready residence features 45 feet of direct bay frontage, a brand-new private dock, and a Viking-equipped gourmet kitchen. Families benefit from the top-tier Newport Elementary School (9/10) within the Newport Mesa Unified district. With expansive harbor views and premium Walker Zanger finishes, this property offers a sophisticated coastal lifestyle. It is an unparalleled choice for luxury lifestyle seekers or boating enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2238 Channel Road Subject | $14,500,000* List Price | 5 | 6 | 4,477 | $3,239 | - |
A 1909 E Bay Sold | $14,400,000 | 4 | 4 | 3,558 | $4,047 | 0.3 mi |
B 1554 E Oceanfront Active | $13,995,000 List Price | 5 | 6 | 3,649 | $3,835 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition, featuring high-end Craftsman-style finishes such as hardwood floors, natural stone, and Viking appliances in the kitchen. Built in 2003, the home is approximately 22 years old and maintains a high standard of quality with premium materials like Walker Zanger and Ann Sacks tile. While the interior design reflects its original construction era, the addition of a brand-new dock and the well-maintained state of its luxury components align with the 'good' condition criteria.
Elementary School: Newport Elementary School (9/10).
Boasting 45 feet of direct bay frontage on the exclusive Peninsula Point, the property offers unparalleled, expansive views of Newport Harbor's yachting activity and the harbor entrance.
The residence features a brand-new private dock completed in July and a spacious bayfront terrace, providing an ideal setup for immediate maritime use and high-end alfresco entertaining.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4500, living area = 4477.
Built in 2003, the home may require aesthetic or technological updates to align with the ultra-modern standards and smart-home features expected in the $14M+ luxury market.
With the home's square footage nearly equal to the lot size, there is very limited private yard or green space, which may be a drawback for buyers seeking traditional outdoor grounds.
Paradise on the sought after Peninsula Point bayfront! Spanning 45 feet on the bay, this beautifully detailed Craftsman influenced home offers approximately 4400 sq ft of living area plus a 3 car garage. You enter through a private entry path that is lushly landscaped and features a soothing water feature. Hardwood floors, natural stone, granite, Walker Zanger & Ann Sacks tile are just some of the quality finishes. A cook’s kitchen is open to the great room and features Viking appliances and a walk in pantry. 5 bedrooms total with 1 bedroom on the first level plus a media room. Each bedroom features a private bathroom. The primary suite includes an adjoining retreat/office, fireplace, luxurious bath and walk in closet. The pier and bayfront terrace is the perfect setting for dining al fresco or taking in the stunning expansive views of yachting activity near the entrance to Newport Harbor. A brand new dock completed in July is awaiting your vessel.
No exterior & parking available.
Grades PK-6 • 2.2 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 83% |
| Baths | 6.0 | 4.0 | 92% |
| Square foot | 4,477 | 2,561.5 | 92% |
| Lot Size | 4,500 | 2,614 | 83% |
| Price | $14.50M | $5.17M | 92% |
| Price per sq ft | $3.2K | $2.6K | 67% |
| Built year | 2003 | 1959 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 258 | 214 | 83% |
Aug 7, 2025
$14,500,000
Initial Listing