2391 Bay Farm Place, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 3 bath
Price Vs. Estimate
The estimated value ($2,165,763.38) is $329,236.62 (13%) lower than the list price ($2,495,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Dated Construction & Renovation Needs: Built in 1968, the property likely requires substantial updates and modernization to meet current market expectations.
Compared to the nearby listings
Price:$2.50M vs avg $3.80M ($-1,305,000)21%
Size:2,104 sqft vs avg 2,650 sqft26%
Price/sqft:$1.2K vs avg $1.4K30%
More Insights
Built in 1968 (58 years old).
Condition: Built in 1968, this property is over 50 years old. The listing description and AI analysis explicitly state 'Dated Construction & Renovation Needs' and highlight it as an 'Investment Opportunity' for value enhancement through renovation. This indicates that the property requires substantial updates and modernization to meet current market expectations. The absence of interior images, particularly for a home of this age, further suggests that the kitchen, bathrooms, and other interior components are likely significantly outdated and in need of major rehabilitation, aligning with the 'poor' condition criteria.
Year Built
1968
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,186
HOA
-
Days on market
-
Sold On
-
MLS number
NP26014023
Home ConditionPoor
Features
View-
About this home
4 Bedroom 3 Bath's single-story home with a great opportunity to own. Tucked away in a quiet neighborhood. Close to schools, shopping, and the back bay trails. More info to follow.
C
Chandler Bell
Listing Agent
Nearby schools
9/10
Eastbluff Elementary School
Public,•K-6•0.8mi
8/10
Heinz Kaiser Elementary School
Public,•3-6•1.7mi
/10
Woodland Elementary School
Public,•PK-2•1.8mi
8/10
Mariners Elementary School
Public,•PK-6•2.3mi
7/10
Horace Ensign Intermediate School
Public,•7-8•3.4mi
9/10
Corona Del Mar High School
Public,•7-12•1.2mi
7/10
Newport Harbor High School
Public,•9-12•3.0mi
Condition Rating
Poor
Built in 1968, this property is over 50 years old. The listing description and AI analysis explicitly state 'Dated Construction & Renovation Needs' and highlight it as an 'Investment Opportunity' for value enhancement through renovation. This indicates that the property requires substantial updates and modernization to meet current market expectations. The absence of interior images, particularly for a home of this age, further suggests that the kitchen, bathrooms, and other interior components are likely significantly outdated and in need of major rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons