315 Lugonia Street, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 4 bath

315 Lugonia Street, Newport Beach, California 92663 home-pic-0
ACTIVE$3,225,000
315 Lugonia Street, Newport Beach, California 92663
4Beds
4Baths
2,755Sqft
2,720Lot

Price Vs. Estimate

The estimated value ($3,225,000) is $0 (0%) lower than the list price ($3,225,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2720, living area = 2755.

Compared to the nearby listings

Price:$3.23M vs avg $4.40M ($-1,175,000)27%
Size:2,755 sqft vs avg 2,456 sqft60%
Price/sqft:$1.2K vs avg $1.8K14%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has undergone an extensive, high-end renovation, bringing all components to a virtually new condition. The description explicitly states it's a 'renovated and expanded residence' with a 'remarkable chef’s kitchen' featuring 'professional-grade stainless steel appliances,' 'custom cabinetry,' and 'sleek quartz countertops.' Bathrooms are 'tastefully remodeled' and 'spa-inspired' with modern finishes, as evidenced by the large glass shower and contemporary vanities in the images. Furthermore, the listing highlights 'fully upgraded plumbing and electrical systems,' central air conditioning, and a tankless water heater. The wide-plank flooring, modern light fixtures, and overall pristine condition visible in the images confirm a recent, comprehensive overhaul, meeting current quality standards with no deferred maintenance.
Year Built
1962
Close
-
List price
$3.23M
Original List price
$3.75M
Price/Sqft
$1,171
HOA
$58
Days on market
-
Sold On
-
MLS number
NP25109114
Home ConditionExcellent
Features
Excellent View: Canal, Neighborhood, Water
Deck
ViewCanal, Neighborhood, Water

About this home

Thoughtfully reimagined with refined coastal living in mind, every inch of this expansive beachside retreat exudes quality, comfort, and sophistication. This stunning four-bedroom, four-bath renovated and expanded residence, is located two blocks from one of Newport Beach’s most sought-after stretches of sand. The main level welcomes you with wide-plank flooring, dramatic soaring ceilings, and an airy open-concept layout. At the heart of the home lies a remarkable chef’s kitchen, featuring custom cabinetry, sleek quartz countertops, and professional-grade stainless steel appliances—seamlessly flowing into the generous living and dining areas, complete with built-ins, designer lighting, and a cozy fireplace. Also on the main level is a spacious bedroom with a tastefully remodeled en-suite bath, a versatile bonus room ideal for a home office or gym, a second updated full bath, and abundant storage throughout. Upstairs, the primary suite is a true sanctuary with its own private deck, a spa-inspired en-suite bath with jetted tub and dual vanities, and a large walk-in closet. Step out to the rooftop deck for panoramic coastal views and ocean breezes. Two additional upstairs bedrooms feature custom closets, vaulted ceilings, and upscale lighting, accompanied by a flexible bonus space perfect for a media room, teen lounge, or secondary office, with direct access to another spacious outdoor deck. Additional highlights include a dedicated upstairs laundry room, central air conditioning, an outdoor shower, tankless water heater, fully upgraded plumbing and electrical systems, and a finished two-car garage with added storage. As a resident of Newport Shores, you’ll enjoy resort-style amenities including a community pool, tennis and pickleball courts, volleyball, basketball, playground, and BBQ area—all just moments from the beach. This is coastal California living at its finest.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-62.3mi
9/10
Newport Elementary School
Public,PK-62.4mi
7/10
Horace Ensign Intermediate School
Public,7-82.1mi
7/10
Newport Harbor High School
Public,9-122.1mi
Condition Rating
Excellent

Despite being built in 1962, this property has undergone an extensive, high-end renovation, bringing all components to a virtually new condition. The description explicitly states it's a 'renovated and expanded residence' with a 'remarkable chef’s kitchen' featuring 'professional-grade stainless steel appliances,' 'custom cabinetry,' and 'sleek quartz countertops.' Bathrooms are 'tastefully remodeled' and 'spa-inspired' with modern finishes, as evidenced by the large glass shower and contemporary vanities in the images. Furthermore, the listing highlights 'fully upgraded plumbing and electrical systems,' central air conditioning, and a tankless water heater. The wide-plank flooring, modern light fixtures, and overall pristine condition visible in the images confirm a recent, comprehensive overhaul, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Beachside Location: Situated just two blocks from a highly sought-after stretch of Newport Beach sand, offering unparalleled access to coastal living.
Extensive High-End Renovation: The residence has been thoughtfully reimagined and expanded with quality materials, including a chef's kitchen, spa-inspired baths, and fully upgraded plumbing and electrical systems.
Exceptional Outdoor Living & Views: Features multiple outdoor decks, including a private primary suite deck and a rooftop deck with panoramic coastal views and ocean breezes, complemented by an outdoor shower.
Resort-Style Community Amenities: Residents of Newport Shores enjoy access to a community pool, tennis and pickleball courts, volleyball, basketball, playground, and BBQ area.
Modern Comforts & Versatile Spaces: Includes central air conditioning, a tankless water heater, a dedicated upstairs laundry room, and flexible bonus rooms ideal for home office, gym, media room, or lounge.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2720, living area = 2755.
Small Lot Size: The property features a relatively small lot (2,720 sqft) compared to the home's size (2,755 sqft), limiting private outdoor yard space.
Significant Price Reductions: The list price has seen multiple reductions from its original $3.75M, potentially indicating initial overpricing or market resistance at higher price points.
Original Construction Age: While extensively renovated, the home was originally built in 1962, which, despite modern upgrades, may be a consideration for buyers preferring newer construction.

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