58 Victoria, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath

58 Victoria, Newport Beach, California 92660 home-pic-0
ACTIVE$5,298,000
58 Victoria, Newport Beach, California 92660
3Beds
3Baths
2,829Sqft
6,813Lot

Price Vs. Estimate

The estimated value ($4,767,673.07) is $530,326.93 (10%) lower than the list price ($5,298,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Luxury Remodel: The property underwent an extensive 2018 remodel, including structural transformation to an open-concept layout with new steel beams, completely updated plumbing, piping, and electrical systems, ensuring modern functionality and peace of mind.
Top Cons:
Listing Price Above Market Estimation: The current listing price is 2% above the property's estimated value, which may require careful justification to potential buyers and could impact negotiation flexibility.

Compared to the nearby listings

Price:$5.30M vs avg $3.85M (+$1,450,000)70%
Size:2,829 sqft vs avg 2,673.5 sqft53%
Price/sqft:$1.9K vs avg $1.4K83%

More Insights

Built in 2000 (25 years old).
Condition: This property underwent a full and extensive remodel in 2018, including structural transformations, new steel beams, and completely updated plumbing, piping, and electrical systems. The kitchen features premium Sub-Zero appliances and a modern design, while bathrooms boast contemporary fixtures and smart toilets. High-end finishes, custom California Closets, a full Savant smart system, solar panels, and newly built-out patios ensure all components are virtually new and meet current luxury standards, with no deferred maintenance.
Year Built
2000
Close
-
List price
$5.3M
Original List price
$5.3M
Price/Sqft
$1,873
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25228952
Home ConditionExcellent
Features
Excellent View: Bridge(s), City Lights, Courtyard, Canyon, Hills, Neighborhood, Panoramic, Trees/Woods
Deck
Patio
ViewBridge(s),City Lights,Courtyard,Canyon,Hills,Neighborhood,Panoramic,Trees/Woods

About this home

2018 fully remodeled, this single-level luxury residence is located in the prestigious, guard-gated Bonita Canyon community of Newport Beach. This exceptional home has been structurally transformed, with seven interior walls removed to create an expansive, open-concept layout that blends modern elegance with functionality. To support this architectural reimagining, new steel beams were expertly installed, ensuring both durability and design integrity. Completely updated plumbing, piping, and electrical throughout. The home is bathed in natural light, thanks to the addition of 5 skylights—bringing the total to 6—strategically placed to enhance the home's bright, airy atmosphere. All plumbing and piping throughout the home have been completely replaced, offering peace of mind and long-term reliability. Designed for effortless indoor-outdoor living, the home features three oversized folding glass doors—in the breakfast nook, family room, and primary suite— opening to tranquil canyon, city light views and courtyard. The chef’s kitchen is equipped with a premium Sub-Zero double French door refrigerator, wine-frige and each bedroom and the garage feature custom California Closets built-ins for optimal storage and hige-end inteior finish. The entire home is powered by a full Savant smart system—giving you control of lights, TVs and security from your phone. Additional smart features include Curtain Remote Controls, Smart Toilets, e-lock with fingerprint access at front gate, Garage MyQ Remote Control, Water Purifier, fully paid Solar Panels, and a Tesla Car Charger. The primary living room, bedroom, and bathroom lighting fixtures have been updated with contemporary designs. Two new glass-enclosed patios with integrated heaters and curtains extend the living space outdoors, offering elegant, year-round entertaining options. Home office can be converted to #4 bedroom if needed. 2 newly built-out patios adding extra appr 500SF living space. Located minutes from world-renowned Fashion Island and major freeways including the 405, 73, 55, and 22, this home offers both unmatched convenience and privacy. With the cool ocean breeze flowing through Bonita Canyon, air conditioning is rarely needed—but always available for your comfort. Don't miss your opporunity to this rare single level home offering combines extensive structural upgrades, luxury finishes, and smart innovation in one of Newport Beach’s most desirable communities.

Condition Rating
Excellent

This property underwent a full and extensive remodel in 2018, including structural transformations, new steel beams, and completely updated plumbing, piping, and electrical systems. The kitchen features premium Sub-Zero appliances and a modern design, while bathrooms boast contemporary fixtures and smart toilets. High-end finishes, custom California Closets, a full Savant smart system, solar panels, and newly built-out patios ensure all components are virtually new and meet current luxury standards, with no deferred maintenance.
Pros & Cons

Pros

Comprehensive Luxury Remodel: The property underwent an extensive 2018 remodel, including structural transformation to an open-concept layout with new steel beams, completely updated plumbing, piping, and electrical systems, ensuring modern functionality and peace of mind.
Advanced Smart Home & Energy Efficiency: Equipped with a full Savant smart system controlling lights, TVs, and security, along with smart toilets, e-lock, water purifier, fully paid solar panels, and a Tesla car charger, offering cutting-edge convenience and reduced utility costs.
Premium Location & Gated Community: Located in the prestigious, guard-gated Bonita Canyon community of Newport Beach, providing exclusivity, enhanced security, and convenient access to world-renowned Fashion Island and major freeways.
Exceptional Indoor-Outdoor Living & Views: Designed for seamless indoor-outdoor flow with three oversized folding glass doors opening to tranquil canyon and city light views, complemented by two new glass-enclosed, heated patios for year-round entertaining.
High-End Design & Finishes: Features an expansive open-concept layout, abundant natural light from 6 skylights, a chef's kitchen with premium Sub-Zero appliances, custom California Closets throughout, and contemporary lighting fixtures, reflecting superior craftsmanship and style.

Cons

Listing Price Above Market Estimation: The current listing price is 2% above the property's estimated value, which may require careful justification to potential buyers and could impact negotiation flexibility.
Modest Lot Size for Luxury Segment: At 6,813 sqft, the lot size is relatively modest for a luxury residence in Newport Beach, potentially limiting extensive outdoor landscaping or the addition of larger recreational amenities.
Absence of Private Pool/Spa: Despite the emphasis on luxury and indoor-outdoor living, the property does not appear to include a private swimming pool or spa, which is often a highly desired amenity in this high-end market segment.

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