2907 Cliff Drive, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 6 bath

2907 Cliff Drive, Newport Beach, California 92663 home-pic-0
ACTIVE$8,250,000
2907 Cliff Drive, Newport Beach, California 92663
5Beds
6Baths
5,002Sqft
8,892Lot

Price Vs. Estimate

The estimated value ($6,907,671.59) is $1,342,328.41 (16%) lower than the list price ($8,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Coastal Views: The property boasts sweeping views of the ocean, harbor, and Catalina Island, offering a quintessential coastal living experience from multiple vantage points.
Top Cons:
Significant Overpricing: The current listing price is 16% higher than the estimated market value, suggesting it may be significantly overpriced compared to recent market comparables.

Compared to the nearby listings

Price:$8.25M vs avg $4.45M (+$3,800,000)89%
Size:5,002 sqft vs avg 2,456 sqft95%
Price/sqft:$1.6K vs avg $1.8K37%

More Insights

Built in 1989 (36 years old).
Condition: Despite being built in 1989, the property has clearly undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features top-of-the-line Thermador appliances, quartz countertops, and custom cabinetry, all in a modern, pristine condition. Bathrooms are described as 'spa-like' and visually confirm a contemporary, high-end design with modern fixtures and finishes. Throughout the home, wood and stone flooring, recessed lighting, and custom millwork contribute to a virtually new aesthetic. The overall style, features, and condition of the key areas (kitchen and bathrooms) and general living spaces align with a property extensively renovated within the last five years, showing no deferred maintenance or physical depreciation.
Year Built
1989
Close
-
List price
$8.25M
Original List price
$8.49M
Price/Sqft
$1,649
HOA
-
Days on market
-
Sold On
-
MLS number
OC25022175
Home ConditionExcellent
Features
Excellent View: Bridge(s), Catalina, City Lights, Coastline, Park/Greenbelt, Harbor, Marina, Neighborhood, Ocean, Water
Deck
Pool
Patio
ViewBridge(s),Catalina,City Lights,Coastline,Park/Greenbelt,Harbor,Marina,Neighborhood,Ocean,Water

About this home

Nestled on a coveted corner lot, this exceptional estate sits beside Cliff Drive Park on one side and just steps away from a lush greenbelt on the other, creating a unique blend of privacy, beauty, and convenience. With sweeping views of the ocean, harbor, and Catalina Island, this property is a true masterpiece of coastal living. Spanning over 5,000 square feet, this five-bedroom (optional sixth) home, with five-and-a-half baths, offers a seamless fusion of luxury, design, and natural surroundings. The entry is framed by a serene walkway with water features leading to double doors. Inside, the open foyer with soaring ceilings, a central fireplace, and expansive Marvin windows create a bright, welcoming atmosphere. Wood and stone flooring and custom millwork add a refined touch, while sunken common areas enhance the sense of space. On the main level, you'll find two spacious en suite bedrooms, a formal living room, a wine room, and an open-concept dining area that flows into a gourmet kitchen and family room. The kitchen features Thermador appliances, a 13-foot "Bistro"-style island, quartz countertops, and custom cabinetry. Glass doors open to a covered terrace, offering sweeping harbor views. The private wing is home to the primary suite, which includes a fireplace, private balcony, a large walk-in closet, and a spa-like bath. On the same level, a media room, library, office, two additional en suite bedrooms with built-in study areas, and an upstairs family room complete the living spaces. Outside, the backyard is an entertainer’s dream, featuring a saltwater pool, built-in BBQ, and plenty of space for al fresco dining, all framed by breathtaking coastal views. Other highlights include a Vantage lighting system, a laundry room, and a sweeping driveway leading to a three-car garage, all set amidst beautifully manicured landscaping. Located just minutes from shopping, dining, and the Balboa Peninsula, this home offers the perfect combination of privacy, luxury, and convenience.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-80.5mi
7/10
Newport Harbor High School
Public,9-120.6mi
Condition Rating
Excellent

Despite being built in 1989, the property has clearly undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features top-of-the-line Thermador appliances, quartz countertops, and custom cabinetry, all in a modern, pristine condition. Bathrooms are described as 'spa-like' and visually confirm a contemporary, high-end design with modern fixtures and finishes. Throughout the home, wood and stone flooring, recessed lighting, and custom millwork contribute to a virtually new aesthetic. The overall style, features, and condition of the key areas (kitchen and bathrooms) and general living spaces align with a property extensively renovated within the last five years, showing no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Panoramic Coastal Views: The property boasts sweeping views of the ocean, harbor, and Catalina Island, offering a quintessential coastal living experience from multiple vantage points.
Prime Corner Lot Location: Nestled on a coveted corner lot adjacent to Cliff Drive Park and a lush greenbelt, providing exceptional privacy, natural beauty, and convenient access to outdoor spaces.
Expansive & Luxurious Living Space: Spanning over 5,000 square feet with 5-6 bedrooms and 5.5 baths, the home features an open foyer with soaring ceilings, custom millwork, and diverse functional areas including a wine room, media room, library, and office.
Gourmet Kitchen & High-End Finishes: The gourmet kitchen is equipped with Thermador appliances, a 13-foot 'Bistro'-style island, quartz countertops, and custom cabinetry, complemented by refined wood and stone flooring throughout.
Resort-Style Outdoor Entertainment: The private backyard is an entertainer's dream, featuring a saltwater pool, built-in BBQ, ample space for al fresco dining, and breathtaking coastal views.

Cons

Significant Overpricing: The current listing price is 16% higher than the estimated market value, suggesting it may be significantly overpriced compared to recent market comparables.
Aging Infrastructure/Design: Built in 1989, the property's systems and overall design, while luxurious for its era, may require updates to meet contemporary luxury standards and efficiency expectations of today's discerning buyers.
Limited Modern Smart Home Integration: While a Vantage lighting system is mentioned, the property lacks comprehensive smart home features (e.g., integrated climate control, advanced security, full home automation) commonly found in newer luxury estates, potentially impacting its competitiveness.

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