43 Gannet Lane, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath

43 Gannet Lane, Newport Beach, California 92660 home-pic-0
ACTIVE$2,398,000$1,781/sqft
Est. Value: $2,285,515
-4%
AboveEstimate
43 Gannet Lane, Newport Beach, California 92660
3Beds
3Baths
1,781Sqft
3,500Lot

Price Vs. Estimate

The estimated value ($2,285,515.17) is $112,484.83 (4%) lower than the list price ($2,398,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1781, other record living area = 1601.

Compared to the nearby listings

Price:$2.40M vs avg $3.80M ($-1,402,000)20%
Size:1,781 sqft vs avg 2,650 sqft12%
Price/sqft:$1.3K vs avg $1.4K47%

More Insights

Built in 1986 (40 years old).
Condition: Despite being built in 1986, this property has been 'completely remodeled and turnkey' with extensive, high-end renovations. The description and images showcase premium finishes throughout, including new porcelain tile flooring, LED lighting, triple-pane windows, and a stunning Quartzite stone fireplace. The gourmet kitchen features modern white cabinetry, stainless steel appliances (LG refrigerator, GE range), and Quartzite countertops/backsplash, all appearing virtually new. The primary and secondary bathrooms are spa-inspired with Quartzite counters, full slab showers, modern vanities, and contemporary fixtures. A newer water heater is also mentioned. The overall condition, style, and features align perfectly with a property that has been extensively renovated within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1986
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$1,346
HOA
$295
Days on market
-
Sold On
-
MLS number
NP26004607
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Completely remodeled and turnkey, this 3 bedroom, 2.5 bathroom, 1,601 sq. ft. home is located in the private gated community of Bayview Terrace. Set within a very private compound, the residence showcases custom paint, molding, floorboards, triple-pane windows, wood shutters, LED lighting, porcelain tile flooring throughout, and a stunning Quartzite stone fireplace. The gourmet kitchen features premium finishes, stainless steel appliances, and excellent flow for entertaining. The primary suite includes new window shutters and LED lighting. The spa-inspired primary bath offers Quartzite counters, a full Quartzite slab shower with bench, Toto toilet, porcelain tile, built-in vanity with lighting, custom closet doors, and a cabinet above the vanity. The secondary bedrooms are equally impressive, with new windows, wood shutters, mirrored closet doors, and porcelain tile flooring. One features a chandelier and a custom closet drawer setup, while the other offers a bright, open feel with updated finishes. Additional highlights include hidden under-stair storage, internet readiness, newer water heater, custom landscaping, and unmatched curb appeal. Outdoor living is enhanced with porcelain hardscaping that matches the interior, an outdoor TV, and a private setting. The two-car garage is complete with epoxy floors, cabinets, and a new garage door opener. Community amenities include pool, spa, and tennis courts. Conveniently located near Fashion Island, world-class beaches, scenic trails, and top-rated schools.

G
Georgina Jacobson
Listing Agent

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.9mi
8/10
Mariners Elementary School
Public,PK-62.5mi
7/10
Horace Ensign Intermediate School
Public,7-83.6mi
9/10
Corona Del Mar High School
Public,7-121.3mi
7/10
Newport Harbor High School
Public,9-123.2mi

Price History

Date
Event
Price
10/12/17
Sold
$1,050,000
06/28/17
Sold
$975,000
Condition Rating
Excellent

Despite being built in 1986, this property has been 'completely remodeled and turnkey' with extensive, high-end renovations. The description and images showcase premium finishes throughout, including new porcelain tile flooring, LED lighting, triple-pane windows, and a stunning Quartzite stone fireplace. The gourmet kitchen features modern white cabinetry, stainless steel appliances (LG refrigerator, GE range), and Quartzite countertops/backsplash, all appearing virtually new. The primary and secondary bathrooms are spa-inspired with Quartzite counters, full slab showers, modern vanities, and contemporary fixtures. A newer water heater is also mentioned. The overall condition, style, and features align perfectly with a property that has been extensively renovated within the last 5 years, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Extensively Remodeled & Turnkey: The property is 'Completely remodeled and turnkey' with high-end finishes throughout, including custom paint, triple-pane windows, porcelain tile, Quartzite stone fireplace, gourmet kitchen with premium finishes, and a spa-inspired primary bath, requiring minimal immediate investment for the buyer.
Prime Gated Community Location: Situated in the 'private gated community of Bayview Terrace' in Newport Beach, offering security, exclusivity, and a highly desirable address within a prestigious area.
Abundant Community Amenities: Residents have access to a 'pool, spa, and tennis courts' within the community, enhancing lifestyle and providing recreational opportunities.
Excellent Local Conveniences: The home is 'Conveniently located near Fashion Island, world-class beaches, scenic trails, and top-rated schools,' offering a highly sought-after lifestyle with easy access to amenities.
Enhanced Outdoor Living & Curb Appeal: Features 'custom landscaping,' 'unmatched curb appeal,' 'porcelain hardscaping' matching the interior, and an 'outdoor TV,' creating an attractive and functional exterior space.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1781, other record living area = 1601.
No Mention of Central Air Conditioning: The property description does not explicitly mention a cooling system (AC), which could be a significant drawback for comfort during warmer months in Southern California.
Older Original Construction Year: Despite extensive remodeling, the home was originally built in 1986, meaning the underlying structure and some systems, even if updated, are older and may require future consideration.
Ongoing Association Fees: The property incurs a monthly 'association_fee' of $295.0, which is an additional recurring cost that buyers must factor into their budget.
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