
Newport Coast, California 92657
This single-story residence in Santa Lucia represents a High-Potential Investment Opportunity, listed at a List Price of $4,195,000—positioned well below the $4,408,309 Fair Market Value by 4%. This valuation gap offers $213,309 in Instant Equity. With a Condition Rating of 4, the home serves as a prime canvas for modernization. Featuring Northern canyon views, a 21,794 sq. ft. lot, and proximity to 9/10 rated schools, it is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a prestigious Newport Coast asset.
Property is moderate renovation needed.
The property is 33 years old (built 1993) and remains in 'original' condition. While the home is well-maintained by the original owner and features some system upgrades like a tankless water heater and water filtration, the kitchen and bathrooms are dated. The listing's suggestion to 'reimagine and personalize' the space confirms it needs cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21794, living area = 2851.
Elementary School: Newport Coast Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the exclusive 24-hour guard-gated Santa Lucia community, this property offers high-level security, resort-style amenities, and proximity to world-class shopping and top-rated schools.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21794, other record lot size in square feet = 33065.
As an original 1993 one-owner home being sold as-is, the property likely requires a comprehensive renovation to meet modern luxury standards and buyer expectations.
The third bedroom, currently configured as an office, lacks a built-in closet, which may require additional construction to officially function as a bedroom for some financing or utility purposes.
BEAUTIFUL NewPort Coast single story located in the prestigious 24-hour guard-gated community of Santa Lucia, this 3-bedroom, 3.5-bath residence offers 2,877 sq. ft. of living space. This very popular floor plan offers high, volume ceilings throughout the entire home. The inviting Double-Door Entry opens to a lovely Foyer, the impressive Living Room with carved mantle fireplace, walnut grand piano and Formal Dining Rooms are ideal for elegant entertaining or casual relaxation. The kitchen and breakfast nook open directly to the family room creating an open, connected living space that feature Northern canyon views. The home features a substantial primary suite with a fireplace, a sitting room, and direct access to the back yard. The primary bathroom is spacious, featuring a soaking tub, oversized walk-in shower, double vanities, extensive storage and counter space, and a large walk-in closet. All bedrooms are en suite. The bedroom off the entry was previously used as a private office and does not currently have a built in closet. Throughout the home, there is generous cabinetry and storage space. Other features include a 3 car garage with storage cabinets, whole house water filtration, and tankless water heater. This is an original one owner home that is being sold as-is and as furnished. The Santa Lucia community features resort-style amenities, including a community pool, clubhouse, and scenic nature trails. Nearby are award-winning schools, world-class shopping, dining, and the beaches of Newport and Crystal Cove. This property presents an exceptional opportunity to reimagine and personalize the space to create something truly your own in one of Newport Coast’s most sought-after neighborhoods.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 4.0 | 5.6 |
| Square foot | 2,851 | 5,039.615 |
| Lot Size | 21,794 | 12,368.808 |
| Price | $4.20M | $8.36M |
| Price per sq ft | $1.5K | $1.8K |
| Built year | 1993 | 2001 |
| HOA | $640.0 | $653 |
| Days on market | 3 | 83 |
Oct 22, 2026
$4,195,000
Initial Listing
Aug 16, 1996
$650,000
Public Record