3618 Park Lane, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
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3618 Park Lane
Newport Beach, California 92663
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,913Sq Ft
2,333Lot Size
Property Price
LIST PRICE$4,395,000
EST. MARKET VALUE
$4,185,141
5% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Beach House is listed at $4,395,000, reflecting a premium valuation consistent with its prime coastal location. Built in 2017, the property maintains an Excellent Condition Rating, featuring a modern open-concept kitchen and high-end finishes that require no immediate investment. Situated on a desirable corner lot, it offers a rare combination of Sparkling Bay and Ocean Views and proximity to Top-Rated Schools like Newport Elementary. This property provides a stable, high-quality lifestyle for Luxury Homebuyers or Coastal Lifestyle Seekers desiring a turnkey residence.
Estimated Market Value
$4,185,141
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3618 Park Lane Subject | $4,395,000* List Price | 4 | 3 | 1,913 | $2,188 | - |
A 209 Via Koron Active | $5,399,900 List Price | 4 | 4 | 2,412 | $2,239 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and in mint condition. The interior features a modern open-concept kitchen with white cabinetry and stone counters, polished hardwood floors, and updated systems, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Prime Coastal Location
Situated on a desirable corner lot directly across from a park and just steps from the sand, this property offers the quintessential Newport Peninsula lifestyle with immediate beach and ocean access.
- Modern Turnkey Condition
Built in 2017, this relatively new construction is move-in ready with a warm coastal sensibility, offering a polished interior that avoids the immediate renovation needs common in older beach cottages.
CONSRISKS & DEFICIENCIES
- 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 = 2333, living area = 1913.
- High Price Per Square Foot
At a list price of approximately $2,297 per square foot, the property represents a significant investment for a sub-2,000 square foot home, which may limit the buyer pool to those prioritizing location over interior volume.
- Limited Outdoor Space
The compact 2,333 square foot lot is typical for the Peninsula but offers minimal private yard space, relying primarily on the front porch and second-story deck for outdoor living.
About 3618 Park Lane
Steps from the sand and situated on a desirable corner lot directly across from the park, this beautifully maintained 4-bedroom, 3-bathroom beach house captures the very best of Peninsula living, just a block to the beach and ocean. Two of the guest bedrooms enjoy sparkling bay views, while ocean views add to the home's coastal character throughout, and the spacious second-floor deck offers a wonderful vantage point over it all. A charming front porch with a built-in BBQ and sitting area sets the tone for easy indoor-outdoor living, complemented by a convenient 2-car garage. Polished and move-in ready inside, with a warm coastal sensibility from room to room, this corner-lot gem is the quintessential Balboa beach house — equally suited as a full-time residence, a weekend retreat, or a coastal investment in one of the Peninsula's most desirable settings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 2,333 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.0 mi
8/10
Newport Elementary School
Grades PK-6 • 1.2 mi
9/10
Horace Ensign Intermediate School
Grades 7-8 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.8 |
| Square foot | 1,913 | 2,729.518 |
| Lot Size | 2,333 | 6,677.813 |
| Price | $4.39M | $4.20M |
| Price per sq ft | $2.3K | $1.6K |
| Built year | 2017 | 1972 |
| HOA | $0 | $414 |
| Days on market | 12 | 63 |
Pricing History
Listed for Sale
Aug 28, 2026
$4,395,000
Initial Listing
Sold
Oct 15, 2021
$3,300,000
Public Record
Sold
Sep 28, 2011
$700,000
Public Record