31 Cape Andover, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 4 bath
ACTIVE$7,195,000
31 Cape Andover, Newport Beach, California 92660
4Beds
4Baths
4,010Sqft
6,914Lot
Price Vs. Estimate
The estimated value ($7,195,000) is $0 (0%) lower than the list price ($7,195,000). This property may be overpriced.
Key pros and cons
Top Pros:
Unparalleled Panoramic Views: This 'front row' cliffside home offers spectacular, unobstructed views of Newport Bay, Back Bay, City Lights, Harbor, and the Ocean, providing a truly unique and desirable living experience.
Top Cons:
Ongoing Association Fees: A monthly association fee of $400 adds to the recurring cost of homeownership, which potential buyers must factor into their budget.
Compared to the nearby listings
Price:$7.20M vs avg $3.85M (+$3,347,000)86%
Size:4,010 sqft vs avg 2,673.5 sqft75%
Price/sqft:$1.8K vs avg $1.4K80%
More Insights
Built in 1997 (28 years old).
Condition: Despite being built in 1997, this property has clearly undergone extensive, high-quality renovations, bringing it to an 'excellent' condition. The kitchen features modern white shaker cabinets, high-end stainless steel SubZero appliances, and contemporary pendant lighting. All bathrooms are updated with modern fixtures, stylish tiling, and glass shower enclosures, appearing virtually new. High-end finishes like hardwood flooring throughout main living areas, modern light fixtures, and the addition of LaCantina folding doors further indicate a recent and comprehensive renovation, meeting current quality standards with no visible deferred maintenance.
Year Built
1997
Close
-
List price
$7.2M
Original List price
$7.99M
Price/Sqft
$1,794
HOA
$400
Days on market
-
Sold On
-
MLS number
NP24211766
Home ConditionExcellent
Features
Excellent View: Back Bay, City Lights, Harbor, Ocean
Pool
Spa
Patio
ViewBack Bay,City Lights,Harbor,Ocean
About this home
This beautiful CLIFFSIDE home in the Castaways guard-gated neighborhood offers a "front row", spectacular view of Newport bay. The oversized lot and yard is one of the largest on the cliff allowing for a full pool together with a spa and fire pit. LaCantina folding doors create an indoor/outdoor coastal living experience and is as good as it gets. Beautiful kitchen with center- island includes all stainless steel appliances, including SubZero. The spacious primary bedroom also offers include view's with fireplace and balcony. The Castaways community is one of Newport's most coveted neighborhoods, which allows for beautiful walks, hikes, biking and is easily walking to coffee, restaurants, and stores.
Nearby schools
8/10
Mariners Elementary School
Public,•PK-6•0.6mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.8mi
7/10
Newport Harbor High School
Public,•9-12•0.6mi
Condition Rating
Excellent
Despite being built in 1997, this property has clearly undergone extensive, high-quality renovations, bringing it to an 'excellent' condition. The kitchen features modern white shaker cabinets, high-end stainless steel SubZero appliances, and contemporary pendant lighting. All bathrooms are updated with modern fixtures, stylish tiling, and glass shower enclosures, appearing virtually new. High-end finishes like hardwood flooring throughout main living areas, modern light fixtures, and the addition of LaCantina folding doors further indicate a recent and comprehensive renovation, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Unparalleled Panoramic Views: This 'front row' cliffside home offers spectacular, unobstructed views of Newport Bay, Back Bay, City Lights, Harbor, and the Ocean, providing a truly unique and desirable living experience.
Exclusive Guard-Gated Community: Situated in the highly coveted Castaways guard-gated neighborhood in Newport Beach, ensuring privacy, security, and a prestigious address.
Expansive Outdoor Entertainment Oasis: Boasts one of the largest oversized lots on the cliff, featuring a full pool, spa, fire pit, and LaCantina folding doors that create a seamless indoor/outdoor coastal living experience.
Gourmet Chef's Kitchen: Equipped with a beautiful center-island, high-end stainless steel appliances, including a SubZero refrigerator, perfect for culinary enthusiasts and entertaining.
Luxurious Primary Suite: The spacious primary bedroom offers breathtaking views, a cozy fireplace, and a private balcony, providing a serene and opulent retreat.
Cons
Ongoing Association Fees: A monthly association fee of $400 adds to the recurring cost of homeownership, which potential buyers must factor into their budget.
Property Age (1997 Construction): Built in 1997, the property is not new construction, meaning some systems or finishes may not be the absolute latest and could require updates or maintenance sooner than a newer home.
Significant Price Reduction: The property has seen a substantial price reduction from its original listing, which, while potentially attractive to buyers, might also raise questions about initial overpricing or market resistance.