
Newport Beach, California 92661
This Exquisite Mediterranean Bayfront Estate is listed at $22,500,000, representing a stable lifestyle opportunity at its $22,500,000 Fair Market Value. Boasting a Good Condition Rating, the 8,433-square-foot residence features 60 feet of water frontage, a private dock, and a rare subterranean gym and wine cellar. The home offers a seamless coastal lifestyle within the Newport Mesa Unified district, near the top-rated Newport Elementary School. This move-in-ready sanctuary is an ideal match for luxury lifestyle seekers or high-net-worth families.
Property is move-in ready.
The property was built in 2011, placing it within the 10 to 20-year age bracket defined for a 'good' condition score. The listing describes a high-end, well-maintained Mediterranean estate with professional-grade kitchen appliances, European hardwoods, and custom architectural details like Venetian plaster ceilings. While the home features luxury finishes and appears move-in ready with no immediate renovation required, it does not meet the 'excellent' criteria of being built within the last 10 years or having a full recent renovation within the last 5 years.
Elementary School: Newport Elementary School (9/10).
The property boasts an impressive 60 feet of direct water frontage on Newport Harbor, complete with a private dock, offering unparalleled access and panoramic bay views.
Spanning over 8,400 square feet, the residence includes a rare subterranean level with a gym, sauna, and wine cellar, plus an elevator servicing all three floors for ultimate convenience.
With 8,433 square feet of living space on a 6,000 square foot lot, the property maximizes interior volume but leaves limited room for traditional outdoor yard or garden space.
The complexity of a seven-bedroom, nine-bathroom estate with specialized architectural finishes and three levels of mechanical systems necessitates significant ongoing upkeep and high utility costs.
Discover timeless elegance and coastal sophistication in this exquisite custom Mediterranean-inspired bay front home with 60 feet of water frontage poised on Newport Harbor. Offering breathtaking views of the water and beyond this impeccably designed residence is rich in architectural details, and showcases graceful archways, venetian plaster groin vault ceilings, wrought iron accents, imported stones, European hardwoods, and expansive view-framing windows that invite in the natural beauty of the bay. Thoughtfully designed for both refined living and effortless entertaining the 8433 sft, 7-bedroom floor plan spans three levels, to include a rare waterfront subterranean level with gym, sauna, and wine cellar. From the dramatic gallery entrance to the formal living and dining areas, all flow seamlessly to the bay front terrace and private dock and provide a front-row seat to Newport Harbor’s ever-changing beauty. The richly appointed private office provides a quiet retreat for work or study. At the heart of the home the impressive gourmet chef’s kitchen features professional-grade appliances, abundant custom cabinetry and workspace, an adjoining service kitchen, and a spacious island -perfect for gatherings of any size. Upstairs, the expansive primary suite is a true retreat. Wake up to sunrise over the water and unwind in the evening with the reflection of sparkling city lights over the harbor. With a private terrace, spa-inspired bath, walk-in dressing, and sitting area this is a haven for relaxation. Five additional en-suite bedrooms are each generously scaled and feature refined finishes, spa-inspired baths and walk-in closets. Whether hosting guests or accommodating multi-generational living each room delivers privacy and style. Additional features of the residence include a three-car garage, elevator servicing all levels, staff bedroom and bath, two powder baths, and beach shower. With a private dock, unmatched harbor views, and superlative craftsmanship throughout this exceptional waterfront legacy property presents the very best of Southern California’s coastal lifestyle.
No exterior & parking available.
Grades PK-6 • 2.2 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.5 | 92% |
| Baths | 9.0 | 4.0 | 92% |
| Square foot | 8,433 | 2,561.5 | 96% |
| Lot Size | 6,000 | 2,614 | 92% |
| Price | $21.50M | $5.17M | 96% |
| Price per sq ft | $2.5K | $2.5K | 50% |
| Built year | 2011 | 1959 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 373 | 214 | 0% |
Apr 2, 2026
$21,500,000
$22,500,000
-4% Price Drop
Initial Listing
Apr 14, 2025
$22,500,000
Initial Listing