3 Via Burrone, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 8 bath

3 Via Burrone
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 3 Via Burrone, Newport Coast, California 92657 reveals a property with a current list price of $13,500,000, which is 3% above the estimated $13,076,327 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newport Coast Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Via Burrone Subject | $13,500,000* List Price | 5 | 8 | 7,000 | $1,868 | - |
A 11 Premiere Point Sold | $13,000,000 | 5 | 7 | 9,292 | $1,399 | 0.7 mi |
B 6 Windemere Court Sold | $10,920,000 | 5 | 5 | 5,364 | $2,036 | 0.7 mi |
C 4 Clearview Active | $12,500,000 List Price | 4 | 5 | 6,461 | $1,935 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2000, the property is well-maintained but shows its age with original finishes. The listing description explicitly suggests an opportunity to 'refine and reimagine,' indicating that the kitchen, bathrooms, and interior systems are likely outdated and require modernization to meet current luxury standards. While the exterior and grounds are in good condition, the 25-year-old interior components place it in the fair category for its price point.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
- Unobstructed Coastal Views
Positioned on the coveted front row of Pelican Heights, this estate offers rare and permanent panoramic views of the Pacific Ocean, Newport Harbor, and the surrounding canyons.
- Unique Multi-Pavilion Layout
The property features three distinct structures, including a dedicated entertainment pavilion and a separate office retreat, providing exceptional privacy and specialized spaces for work and hosting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 7000, other record living area = 5110. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Modernization Required
Built in 2000 and marketed as an opportunity to 'refine and reimagine,' the home likely requires significant capital investment to update finishes and systems to current luxury standards.
- High Carrying Costs
Between the $1,000 monthly HOA fee and the maintenance requirements of three separate structures and extensive landscaping, the ongoing ownership costs are substantial.
About 3 Via Burrone
Located on the front row of the coveted, guard-gated enclave of Pelican Heights, this private estate harmonizes serenity and scale. Beyond its discreet gate and motor court, the residence unfolds across a half-acre, framing unobstructed views of the Pacific Ocean, Newport Harbor, and the contours of Buck Gully’s canyons. The main home embraces five-bedroom suites and an array of living spaces designed for reflection and gathering. Light drifts through extensive glass, connecting each room to the rhythm of the sea and sky. Outdoors, a private putting green blends into the natural open space, while the ocean-view terrace invites moments of calm beside the pool, waterfall, and spa. A separate structure offers a tranquil retreat with a ground-level lounge with pool bath and an upper-level office. The third pavilion, devoted to entertaining, evokes a sense of celebration and belonging. Its private kitchen, enclosed dining space, and rooftop deck open to 360-degree vistas, where ocean and mountain meet. A rare opportunity to refine and reimagine an extraordinary coastal retreat, where every element speaks of light, landscape, and tranquility.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 21,804 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1000.0 / Month
Neighborhood Insights
Newport Coast Unified Schools
Newport Coast Elementary School
Grades PK-6 • 1.0 mi
Harbor View Elementary School
Grades PK-6 • 1.7 mi
El Morro Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 8.0 | 5.0 | 90% |
| Square foot | 7,000 | 4,000 | 86% |
| Lot Size | 21,804 | 9,376 | 88% |
| Price | $13.50M | $8.57M | 83% |
| Price per sq ft | $1.9K | $1.7K | 55% |
| Built year | 2000 | 2001 | 45% |
| HOA | $1000.0 | $541 | 86% |
| Days on market | 115 | 180 | 14% |
Pricing History
Listed for Sale
Nov 12, 2025
$13,500,000
Initial Listing
Sold
Aug 30, 2001
$2,250,000
Public Record






























