63 Shearwater, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath
63 Shearwater
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 63 Shearwater, Newport Beach, California 92660 reveals a property with a current list price of $2,499,000, which is 8% above the estimated $2,300,941 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 63 Shearwater Subject | $2,499,000* List Price | 3 | 3 | 1,739 | $1,323 | - |
A 3167 Corte Portofino Sold | $2,775,000 | 4 | 3 | 2,432 | $1,141 | 0.6 mi |
B 3113 Corte Linda Sold | $2,907,770 | 4 | 3 | 2,272 | $1,280 | 0.7 mi |
C 24 Cormorant Sold | $1,999,000 | 2 | 2 | 1,217 | $1,643 | 0.1 mi |
D 2441 Vista Nobleza Sold | $2,050,000 | 3 | 2 | 2,003 | $1,023 | 0.8 mi |
E 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1986, the property has undergone an extensive, high-end renovation within the last 5 years. The interior features a chef-inspired kitchen with real wood cabinetry and premium appliances, spa-like bathrooms with Italian tile, new windows and doors, and high-quality wide-plank flooring throughout. The home shows no signs of deferred maintenance and meets modern luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Premium Interior Remodel
The home features a meticulous high-end renovation including a chef-inspired kitchen, spa-like bathrooms, Italian tiles, and real wood cabinetry, offering a turnkey luxury experience.
- Prime Gated Location
Situated in the exclusive Bayview Terrace enclave, the property provides exceptional privacy and security with immediate access to Back Bay trails, Fashion Island, and major transportation hubs.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,500 square foot lot is relatively compact, which may restrict buyers looking for significant yard space or extensive private outdoor recreation areas.
- Modest Square Footage
At 1,739 square feet, the interior living space is on the smaller side for a three-bedroom detached home in this price bracket, potentially limiting its appeal to larger families.
About 63 Shearwater
Rarely does a home of this caliber, offering both the prestige of beautiful Newport Beach and the intimacy of a private, gated enclave, become available at such a compelling price point. Located in the coveted community of Bayview Terrace—just steps from the scenic trails of the Back Bay—this detached residence has been meticulously reimagined with a level of quality seldom seen in today’s market. This home was artfully remodeled for personal enjoyment, featuring high-end finishes and an intentional layout. Upon entry through your private front gate, you are greeted by an expansive living room defined by dramatic vaulted ceilings that flood the space with natural light. The floor plan offers a timeless layout with a separate family and living room, providing versatile spaces for both formal entertaining and cozy everyday relaxation. The attention to detail extends to the private quarters, where the bedrooms feature fabulous custom-organized closets designed to maximize storage and elegance. Every square inch reflects a commitment to craftsmanship, from the chef-inspired kitchen to the spa-like bathrooms. Notable features include high end wide plank laminate flooring, Italian tiles, real wood cabinetry and new windows and doors. The interiors flow seamlessly to a private yard featuring a covered patio, creating a year-round outdoor sanctuary. It is the perfect setting for alfresco dining or quiet morning coffee, offering a level of privacy that is a rare find in gated Newport communities. There is also a convenient community pool and spa for residents. Whether you are looking for a sophisticated primary residence or a "lock-and-leave" second home, you are positioned for ultimate convenience. Just minutes from John Wayne Airport, the 73 Toll Road, and the 405/55 freeways. Plus, world-class shopping at Fashion Island and the stunning Newport coastline are just a short drive away. Discover the best-kept secret in Newport Beach—a high-quality, detached sanctuary offered at one of the most competitive price points in the city.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Eastbluff Elementary School
Grades K-6 • 0.9 mi
Mariners Elementary School
Grades PK-6 • 2.5 mi
Horace Ensign Intermediate School
Grades 7-8 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,739 | 2,623 | 9% |
| Lot Size | 3,500 | 7,475 | 13% |
| Price | $2.50M | $3.85M | 20% |
| Price per sq ft | $1.4K | $1.4K | 51% |
| Built year | 1986 | 1970 | 72% |
| HOA | $295.0 | $375 | 48% |
| Days on market | 36 | 158 | 8% |
Pricing History
Listed for Sale
Jan 30, 2026
$2,499,000
Initial Listing
Sold
Jan 27, 2006
$950,000
Public Record
Sold
Aug 24, 2001
$470,000
Public Record