
Newport Beach, California 92660
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $2,274,900—positioned well below the $2,244,626 Fair Market Value by -1.35%. Featuring a Condition Rating of 2 with recent high-end renovations, the home offers a modern kitchen and updated baths. Located in the gated Bayview Terrace, it provides access to Top-Rated Schools like Eastbluff Elementary (9/10). This property balances lifestyle luxury with financial stability, making it an ideal acquisition for Owner-Occupants seeking a turnkey home or discerning buyers prioritizing a prestigious 92660 address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 63 Shearwater Subject | $2,100,000* List Price | 3 | 3 | 1,739 | $1,163 | - |
A 78 Pelican Court Sold | $2,025,000 | 3 | 3 | 1,625 | $1,246 | 0.1 mi |
B 443 Vista Parada Sold | $1,900,000 | 2 | 2 | 1,862 | $1,020 | 0.7 mi |
C 2701 Vista Umbrosa Sold | $1,825,000 | 3 | 2 | 1,642 | $1,111 | 0.7 mi |
D 520 Cancha Sold | $1,995,000 | 3 | 3 | 2,108 | $946 | 0.7 mi |
E 306 Vista Trucha Sold | $2,100,000 | 3 | 3 | 2,155 | $974 | 0.9 mi |
F 43 Gannet Lane Active | $2,398,000 List Price | 3 | 3 | 1,781 | $1,346 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen features modern cabinetry, stone countertops, and stainless steel appliances. Bathrooms are fully updated with designer tile and fixtures. Interior finishes include new LVP flooring and recessed lighting, and systems have been upgraded with a tankless water heater.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the exclusive Bayview Terrace gated community, the property offers a secure, quiet cul-de-sac setting with immediate proximity to Back Bay trails and Fashion Island.
The home is zoned for highly-rated schools, including Eastbluff Elementary and Corona Del Mar High, both boasting a 9/10 rating, making it a high-value asset for families.
The listing indicates the home is ready for a 'personal touch,' suggesting that the interior likely requires cosmetic or structural updates to meet modern luxury standards.
With over 140 days on the market and multiple price reductions, the property has faced challenges in buyer conversion, which may impact future resale perception.
Tucked behind the gates of Bayview Terrace, one of Newport Beach's gated enclaves, 63 Shearwater Place sits on a quiet cul-de-sac just moments from the Back Bay trails, Eastbluff, and the boutiques and dining of Fashion Island. This 3-bedroom, 2.5-bath home offers a truly light-filled experience with 2-story ceilings in the living room, a stunning family room fireplace, and a beautifully updated kitchen that opens directly to the family room and spacious backyard. In the kitchen, all new cabinetry with gold fixtures, an elegant stone countertop, and a refined backsplash were intentionally designed to create a sophisticated cooking space. The yard is extremely private and has a covered patio with an electric awning to provide additional shade, and the low-maintenance turf is beautiful — there is even plenty of room for a pool. All three bedrooms are upstairs, including a spacious primary suite with vaulted ceilings, a newly remodeled dual-sink vanity with high-end finishes, modern mirrors with accent lighting, and an oversized walk-in shower. The hall bathroom has been updated to match and has an updated bathtub and exquisite finishes. The furnace and air conditioning system are brand new, and the home has brand new flooring (no carpet), modern toilets, and custom design elements throughout, including the impressive chandeliers and commanding handrail. Updated dual-pane windows are in place throughout the home too. Beyond your private gate, residents enjoy access to the community pool and spa — resort-style amenities with one of the lowest HOAs in the area. With direct garage access, a low-maintenance lot, and one of the most established and well-located communities in Newport Beach, this is a rare chance to secure a foothold in the 92660 zip code at a meaningfully adjusted price. This turnkey property offers value compared to nearby areas with the prestige of a Newport Beach address in a highly sought-after school district that also offers easy access and convenience to the Toll Road and John Wayne Airport.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades PK-6 • 2.5 mi
Grades 7-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 1,739 | 2,868 |
| Lot Size | 3,500 | 6,914 |
| Price | $2.10M | $4.44M |
| Price per sq ft | $1.2K | $1.6K |
| Built year | 1986 | 1970 |
| HOA | $295.0 | $430 |
| Days on market | 173 | 59 |
Jul 19, 2026
$2,100,000
$2,274,900
-8% Price Drop
Initial Listing
Jun 22, 2026
$2,274,900
$2,349,900
-3% Price Drop
Initial Listing
May 23, 2026
$2,349,900
$2,399,000
-2% Price Drop
Initial Listing
Apr 7, 2026
$2,399,000
$2,499,000
-4% Price Drop
Initial Listing
Jan 30, 2026
$2,499,000
Initial Listing
Jan 27, 2006
$950,000
Public Record
Aug 24, 2001
$470,000
Public Record