7 Oakmont Lane, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 7 bath

7 Oakmont Lane
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 7 Oakmont Lane, Newport Beach, California 92660 reveals a Prime Investment Opportunity with a current list price of $13,250,000—significantly undercutting the $14,509,169 Fair Market Value by 8%. This valuation gap indicates a +$1,259,169 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 7 Oakmont Lane Subject | $13,250,000* List Price | 5 | 7 | 6,466 | $2,244 | - |
A 21 Lochmoor Active | $9,995,000 List Price | 5 | 8 | 6,293 | $1,588 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2020, this custom luxury estate is virtually new and meets the highest quality standards. The property features a gourmet kitchen with premium appliances, stone countertops, and bespoke cabinetry, alongside spa-inspired bathrooms with marble finishes and high-end fixtures. With modern hardwood flooring, a recent build date, and meticulous maintenance, the home shows no signs of physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Modern Custom Construction
Built in 2020, this residence offers contemporary structural integrity and high-end finishes that distinguish it from the older, traditional estates typically found in the Big Canyon enclave.
- Main-Level Primary Sanctuary
The primary suite is thoughtfully positioned on the main level and includes a dedicated gym or office and a spa-inspired marble bath, catering to buyers seeking long-term accessibility and luxury.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
Despite its premium location and price point, the property is noted as having no significant views, which may be a drawback for buyers expecting ocean or golf course vistas in Newport Beach.
- High Price-to-View Ratio
At a $13.25 million valuation, the absence of a view may make the property less competitive compared to other luxury listings in the area that offer similar square footage with panoramic scenery.
About 7 Oakmont Lane
Welcome to an exceptional residence within Newport Beach’s exclusive Big Canyon community, a distinguished gated enclave set alongside the fairways of Big Canyon Country Club. This thoughtfully designed custom home in a neighborhood celebrated for its timeless estates, seamlessly unites refined design and architecture with the natural beauty of coastal living. The main entry level unfolds with gracious yet intimate proportions, stunning ceilings, and finely finished hardwood floors, while expansive windows and doors invite natural light and garden views throughout, creating a harmonious connection between interior and exterior spaces. The kitchen is a study in classic refinement, appointed with premium appliances, stone countertops, an impressive center island and bespoke cabinetry. Flowing effortlessly into the family room, it provides an inviting setting for both everyday living and formal entertaining. The primary suite, ideally located on the main level, serves as a private sanctuary of comfort. It features dual walk-in closets, a dedicated gym or office and a spa-inspired bath adorned with marble finishes, relaxing bathtub and an oversized walk-in, rainfall and steam shower. An additional bedroom suite completes this level, opening to a serene and perfectly manicured terrace and garden. Upstairs, three beautifully appointed bedroom suites offer gracious accommodations, each with walk-in closets and private baths. A spacious yet intimate bonus room provides an additional retreat for family or guests. The grounds evoke the ambiance of a private French garden, with layered landscaping framing multiple outdoor living areas. A sparkling pool, spa, outdoor kitchen and gardens surround the generous California room and fireplace, creating an inviting setting for year-round enjoyment. Meticulously detailed and thoughtfully composed, this distinctive residence embodies timeless luxury in one of Newport Beach’s most coveted neighborhoods. Ideally situated near top-rated schools, Fashion Island, pristine beaches, and major thoroughfares, it offers a lifestyle of rare comfort, beauty and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 14,170 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $477.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Roy O. Andersen Elementary School
Grades K-6 • 0.6 mi
Abraham Lincoln Elementary School
Grades K-6 • 0.9 mi
Eastbluff Elementary School
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 7.0 | 3.0 | 97% |
| Square foot | 6,466 | 2,643 | 98% |
| Lot Size | 14,170 | 7,500 | 93% |
| Price | $13.25M | $3.85M | 98% |
| Price per sq ft | $2.0K | $1.4K | 87% |
| Built year | 2020 | 1970 | 95% |
| HOA | $477.0 | $375 | 66% |
| Days on market | 10 | 158 | 3% |
Pricing History
Listed for Sale
Feb 25, 2026
$13,250,000
Initial Listing
Sold
Feb 29, 2008
$1,900,000
Public Record























































