
Newport Beach, California 92660
This Custom-Designed Coastal Estate is a High-Potential Investment Opportunity, listed at $4,995,000—positioned well below the $5,166,914 Fair Market Value by 3%. This valuation gap offers $171,914 in Instant Equity for a nearly completed 2026 build. Boasting 20-foot ceilings, peek-a-boo Back Bay views, and a Condition Rating of 2, the residence is steps from scenic trails and Top-Rated Schools like Eastbluff Elementary (9/10) and Corona Del Mar High (9/10). This is a premier acquisition for Luxury Homeowners or Owner-Occupants seeking a bespoke coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2302 Fairhill Subject | $4,995,000* List Price | 5 | 5 | 3,983 | $1,297 | - |
A 375 Santa Isabel Avenue Sold | $4,650,000 | 5 | 6 | 5,200 | $894 | 0.2 mi |
B 1723 Terrapin Way Sold | $5,600,000 | 4 | 6 | 3,621 | $1,547 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 custom-built coastal estate currently in the advanced stages of construction. As a new build, all components including the designer kitchen, premium appliances, and spa-inspired bathrooms are new and meet the highest modern quality standards with no physical depreciation or deferred maintenance.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The residence features a dramatic great room with ceilings exceeding 20 feet and custom design by LL Design, creating an exceptional sense of scale and modern luxury.
Situated on a quiet cul-de-sac just steps from the Upper Newport Bay trails, the property offers an elite lifestyle in one of Newport Beach’s most sought-after enclaves.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3983, other record living area = 1765. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property was recently sold within the past year on 2025-05-28. The sold price is $2,325,000.00.
The property is currently under construction, which may present challenges for buyers requiring immediate occupancy or those wary of final finishing timelines.
A rare opportunity to secure a custom-designed coastal estate just steps from Newport Beach’s Back Bay, positioned on a quiet cul-de-sac in one of the area’s most sought-after enclaves. Currently in advanced stages of construction, this 5-bedroom, 5-bathroom residence will span approximately 3,983 square feet, designed by LL Design and built by Well Done Building & Design. The home is anchored by a dramatic great room with ceilings exceeding 20 feet, creating exceptional volume, natural light, and a striking architectural presence. Expansive windows capture peek-a-boo views of the Back Bay and surrounding mountains, bringing the outdoors into the core of the home. The layout is both functional and refined, featuring a designer kitchen with custom cabinetry, premium appliances, and curated finishes that seamlessly connect to the main living and dining spaces. Thoughtful architectural details, including built-ins and layered materials, add depth and continuity throughout. Upstairs, the primary suite is designed as a private retreat with generous scale, natural light, and a spa-inspired bath. Secondary bedrooms are well-appointed, each offering comfort, privacy, and cohesive design. Situated just moments from the Back Bay’s scenic trails, this home offers a rare combination of scale, design pedigree, and premier positioning — with the opportunity to step into a nearly completed custom build in one of Newport Beach’s most desirable locations.
No exterior & parking available.
Grades 3-6 • 0.5 mi
Grades PK-2 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 71% |
| Baths | 5.0 | 3.0 | 71% |
| Square foot | 3,983 | 2,623 | 73% |
| Lot Size | 7,272 | 7,500 | 46% |
| Price | $5.00M | $3.99M | 62% |
| Price per sq ft | $1.3K | $1.4K | 31% |
| Built year | 2026 | 1970 | 99% |
| HOA | $0 | $375 | 33% |
| Days on market | 35 | 161 | 6% |
Mar 18, 2026
$4,995,000
Initial Listing
May 28, 2025
$2,325,000
Public Record