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

3 Via Burrone, Newport Coast, California 92657 home-pic-0

3 Via Burrone

Newport Coast, California 92657

ACTIVE
CONDITION: FAIR
5Beds
8Baths
7,000Sq Ft
21,804Lot Size

Property Price

LIST PRICE$13,500,000
EST. MARKET VALUE
$13,076,327
3% AboveMARKET VALUE

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

$13,076,327
Based on Realkey algorithm analyzing recent comparable sales in Newport Coast.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3 Via Burrone
Subject
$13,500,000*
List Price
587,000$1,868-
A
11 Premiere Point
Sold
$13,000,000579,292$1,3990.7 mi
B
6 Windemere Court
Sold
$10,920,000555,364$2,0360.7 mi
C
4 Clearview
Active
$12,500,000
List Price
456,461$1,9350.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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an opportunity to 'refine and reimagine,' indicating that the kitchen, bathrooms, and interior systems are likely outdated and require modernization to meet current luxury standards.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

9/10

Harbor View Elementary School

Grades PK-6 • 1.7 mi

9/10

El Morro Elementary School

Grades K-5 • 3.6 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
64%
Baths8.05.0
90%
Square foot7,0004,000
86%
Lot Size21,8049,376
88%
Price$13.50M$8.57M
83%
Price per sq ft$1.9K$1.7K
55%
Built year20002001
45%
HOA$1000.0$541
86%
Days on market115180
14%

Pricing History

Listed for Sale

Nov 12, 2025

$13,500,000

Initial Listing

Sold

Aug 30, 2001

$2,250,000

Public Record

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