
Newport Beach, California 92663
This Classic California Ranch Sanctuary is listed at $7,200,000, representing a premium entry into the exclusive, guard-gated Bayshores community. While the list price sits above the $5,937,832 Fair Market Value, the valuation is supported by a Move-in Ready Condition and rare amenities, including a private elevator, oak flooring, and a wraparound brick patio. Residents benefit from private beach access and proximity to top-tier Newport Mesa Unified schools. This home offers a timeless coastal lifestyle, making it an ideal acquisition for luxury-seeking families or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2571 Waverly Drive Subject | $7,200,000* List Price | 3 | 2 | 2,250 | $2,639 | - |
A 2622 Crestview Drive Sold | $6,000,000 | 3 | 3 | 2,498 | $2,402 | 0.0 mi |
B 2602 Circle Drive Sold | $5,475,000 | 4 | 3 | 2,400 | $2,281 | 0.1 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-quality updates that blend classic ranch charm with modern amenities. The interior showcases well-maintained oak flooring, vaulted open-beamed ceilings, and a stylish kitchen equipped with stainless steel KitchenAid appliances and stone countertops. Although the last major expansion was in 1996, the home has been refreshed with contemporary light fixtures, recessed lighting, and dual air conditioning systems. The overall maintenance is excellent, showing minimal wear and tear, though it stops short of the 'excellent' rating as it is not a brand-new or total gut renovation from the last five years.
Located in the exclusive Bayshores enclave, the property offers a highly desirable lifestyle with access to private beaches and a secure, quiet environment in Newport Beach.
The inclusion of a private elevator to the second-story primary suite is a rare and valuable feature for a ranch-style home, ensuring long-term utility for all demographics.
The home features timeless design elements such as open-beamed ceilings, oak floors, and a wraparound brick patio that maximize its California ranch-style charm and indoor-outdoor flow.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With the original structure dating back to 1952 and the last major expansion in 1996, the home may require significant modernization to meet the expectations of today's luxury buyers.
The list price of $7.2 million for 2,250 square feet represents an exceptionally high price-per-square-foot, which may be challenging for buyers looking for more interior living space at this price point.
Step back to a simpler time and experience the timeless charm of this early California ranch-style bungalow, ideally located in the private bay and beach community of Bayshores. Originally built in 1952 and thoughtfully expanded in 1996, the home showcases open-beamed ceilings, warm oak floors, and beautiful bay windows that fill the interior with natural light. Set on a quiet and private corner lot, the property enjoys exceptional privacy along with bright, sunny exposures throughout the day. Multiple sets of French doors open to a serene brick wraparound patio, where mature trees provide a natural canopy of shade—creating an inviting setting for effortless indoor-outdoor living and entertaining. The second-level primary suite offers a peaceful retreat and is accessible by both a traditional staircase and a private elevator. This inviting space includes a comfortable sitting area you may never want to leave, a spacious bathroom with separate tub and shower, and a generous walk-in closet. On the main level, the third bedroom is currently configured as a home office/den but could easily be converted back to a bedroom with minor modifications. The kitchen opens to the great room and adjacent dining room, creating an ideal layout for everyday living and gatherings, and includes a convenient walk-in pantry. Additional features include dual air conditioning units and a well-equipped garage accommodating two cars plus a golf cart, with extensive built-ins and a dedicated laundry area. This is a trust sale. The trustee is also the listing agent and is related to seller. Please submit offers by 9 am May 01,2026; offers will reviewed on that date.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 4.0 | 27% |
| Square foot | 2,250 | 2,573 | 35% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $7.20M | $4.65M | 76% |
| Price per sq ft | $3.2K | $1.8K | 82% |
| Built year | 1952 | 1963 | 29% |
| HOA | $775.0 | $0 | 76% |
| Days on market | 13 | 169 | 2% |
Apr 9, 2026
$7,200,000
Initial Listing
Aug 26, 1994
$675,000
Public Record