615 Lido Park Drive, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 5 bath

615 Lido Park Drive, Newport Beach, California 92663 home-pic-0
ACTIVE$26,000,000
615 Lido Park Drive, Newport Beach, California 92663
4Beds
5Baths
5,016Sqft
4,966Lot

Price Vs. Estimate

The estimated value ($25,196,307.34) is $803,692.66 (3%) lower than the list price ($26,000,000). 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 = 4966, living area = 5016.

Compared to the nearby listings

Price:$26.00M vs avg $4.45M (+$21,550,000)99%
Size:5,016 sqft vs avg 2,456 sqft95%
Price/sqft:$5.2K vs avg $1.8K96%

More Insights

Built in 2024 (1 years old).
Condition: This property, built in 2024, is a brand new custom home featuring unparalleled craftsmanship and luxurious designer finishes throughout. The description highlights a gourmet kitchen with Wolf and Sub-Zero appliances, Cristallo Supreme slabs, and custom white oak cabinetry. Bathrooms boast handcrafted tiles, Waterworks burnished brass fixtures, and high-end TOTO washlets. The entire home showcases European oak flooring, Venetian plaster walls, Lutron lighting, and an integrated Sonos system. The images confirm a pristine, modern, and high-end aesthetic with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a newly built property with all new components meeting current quality standards.
Year Built
2024
Close
-
List price
$26M
Original List price
$26M
Price/Sqft
$5,183
HOA
-
Days on market
-
Sold On
-
MLS number
LG24216413
Home ConditionExcellent
Features
Excellent View: Bay, Bridge(s), City Lights, Coastline, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Water
Deck
ViewBay,Bridge(s),City Lights,Coastline,Marina,Mountain(s),Neighborhood,Ocean,Panoramic,Water

About this home

This exceptional waterfront custom home located in the Lido Village features unparalleled craftsmanship and luxurious designer finishes throughout. The Santa Barbara contemporary style sets the new standard for Newport waterfront luxury. For the yachting and culinary enthusiast alike - mere steps from the front door are some of the best restaurants and nightlife in Newport, or venture to the backyard where the 75-foot dock awaits for ocean adventure. The exterior is graced with white limestone and expansive Arcadia windows, framing picturesque water views from both the front and rear of the property. Spanning over 5,000 ft, every inch of this property is the epitome of attention to detail and master of craftsmanship. With a push of a button, the Arcadia power slider doors usher in the bay breeze, seamlessly transforming the living room into true indoor/outdoor bayfront living. The living spaces boast stunning European oak herringbone and straight plank floors, with Venetian plaster walls and custom white oak beams adding warmth and texture. The gourmet kitchen is a chef's dream, showcasing Cristallo Supreme slabs, hand-blown glass pendants, Wolf and Sub-Zero appliances, and a hand-plastered range hood. Custom white oak beams and cabinetry complete the sophisticated aesthetic, while the adjacent walk-in pantry features hand-painted marble backsplash for added flair. With Lutron lighting and integrated Sonos speaker system throughout the whole house, guests will always be greeted with the perfect combination of light and sound. Each of the home's bathrooms exudes luxury, with handcrafted tiles, Waterworks burnished brass fixtures, and high-end TOTO washlets. The primary suite is a true sanctuary with custom white oak beams, and a Nero Lactea marble fireplace mantle, and custom his and hers walk-in closets imported from Italy that rival most designer showrooms. Additional standout features include a sophisticated office with handlaid ceiling wood paneling, a stunning staircase adorned with custom hand-painted Carrara marble tiles, and a wine cellar with semi-precious crystal quartz walls. The garage is a showpiece in itself, with custom cabinetry, Caesarstone quartz counters, porcelain flooring, and room for 3 cars plus car lift. No expenses were spared during construction and design of this masterpiece - don't miss out on this rare opportunity to own bayfront elegance.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.6mi
9/10
Newport Elementary School
Public,PK-60.7mi
7/10
Horace Ensign Intermediate School
Public,7-80.6mi
7/10
Newport Harbor High School
Public,9-121.0mi
Condition Rating
Excellent

This property, built in 2024, is a brand new custom home featuring unparalleled craftsmanship and luxurious designer finishes throughout. The description highlights a gourmet kitchen with Wolf and Sub-Zero appliances, Cristallo Supreme slabs, and custom white oak cabinetry. Bathrooms boast handcrafted tiles, Waterworks burnished brass fixtures, and high-end TOTO washlets. The entire home showcases European oak flooring, Venetian plaster walls, Lutron lighting, and an integrated Sonos system. The images confirm a pristine, modern, and high-end aesthetic with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a newly built property with all new components meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Premier Waterfront Location & Private Dock: Exceptional bayfront property with a 75-foot private dock, offering direct access to ocean adventures and unparalleled waterfront living in Lido Village.
Brand New Construction & Master Craftsmanship: Built in 2024, this custom home boasts unparalleled craftsmanship, luxurious designer finishes, and meticulous attention to detail throughout, ensuring modern standards and quality.
Exquisite Designer Finishes & Smart Home Integration: Features include European oak herringbone floors, Venetian plaster walls, a gourmet kitchen with Wolf/Sub-Zero appliances, Cristallo Supreme slabs, Waterworks fixtures, Lutron lighting, and an integrated Sonos system.
Seamless Indoor/Outdoor Living & Panoramic Views: Expansive Arcadia power slider doors create a true indoor/outdoor bayfront experience, complemented by picturesque water views from both the front and rear of the property.
Walkable Lido Village Lifestyle: Strategically located mere steps from Newport's best restaurants and nightlife, offering a highly desirable and convenient culinary and entertainment lifestyle.

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 = 4966, living area = 5016.
High Price Point: With a list price of $26,000,000, the property targets an exclusive buyer demographic, potentially limiting the pool of interested parties.
Limited Traditional Yard Space: The lot size (4,966 sqft) is slightly smaller than the home's square footage (5,016 sqft), suggesting minimal traditional yard space beyond the immediate bayfront and dock area.
Specialized Maintenance Requirements: The extensive use of custom, high-end, and unique materials (e.g., Venetian plaster, hand-painted tiles, crystal quartz wine cellar) may necessitate specialized and potentially higher maintenance costs.

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