8 Beacon Bay, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath

8 Beacon Bay, Newport Beach, California 92660 home-pic-0
ACTIVE$12,995,000
8 Beacon Bay, Newport Beach, California 92660
5Beds
6Baths
5,132Sqft
4,002Lot

Price Vs. Estimate

The estimated value ($12,995,000) is $0 (0%) lower than the list price ($12,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Corona Del Mar High 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 = 4002, living area = 5132.

Compared to the nearby listings

Price:$12.99M vs avg $3.85M (+$9,147,000)97%
Size:5,132 sqft vs avg 2,673.5 sqft91%
Price/sqft:$2.5K vs avg $1.4K97%

More Insights

Built in 2010 (15 years old).
Condition: Built in 2010, this bayfront residence presents as virtually new, showcasing a luxurious and contemporary design throughout. Both the main and secondary kitchens feature high-end, integrated stainless steel appliances, sleek modern cabinetry, and pristine countertops. All bathrooms are impeccably updated with modern fixtures, floating vanities, large format tiling, and glass-enclosed showers, including a primary suite with a freestanding tub. The property boasts premium flooring (hardwood and large format tile/stone), modern light fixtures, and state-of-the-art amenities like an elevator, wine room, steam room, and rooftop deck with a hot tub. There is no visible wear or deferred maintenance, aligning perfectly with current quality standards for a luxury home.
Year Built
2010
Close
-
List price
$12.99M
Original List price
$14.49M
Price/Sqft
$2,532
HOA
$3,450
Days on market
-
Sold On
-
MLS number
NP25224609
Home ConditionExcellent
Features
Excellent View: Bay, City Lights
Deck
Spa
ViewBay,City Lights

About this home

8 Beacon Bay in Newport Beach is an exceptional bayfront residence offering the perfect blend of luxury, functionality, and thoughtful design. This stunning three-level home features four spacious en suite bedrooms, with a versatile gym on the basement level that could easily serve as a fifth bedroom. The first floor includes a private en suite bedroom ideal for guests, while the second story hosts three additional en suites, including the impressive primary suite. The primary retreat boasts a generous sitting room, a cozy fireplace, and easy access to a full upstairs office and laundry room for convenience. The subterranean basement is an entertainer’s dream, complete with a full secondary kitchen, a temperature-controlled wine room, a steam room with an adjacent full bathroom, and a fireplace-warmed gym space. A dramatic waterfall feature cascades from the main floor to the basement, creating a serene ambiance. Multiple laundry areas—including the basement and the primary suite level—add to the home’s practicality. Three fireplaces are thoughtfully placed throughout the property: in the basement gym, the main floor family room, and the primary bedroom. An elevator services all three levels, ensuring seamless movement throughout the home. Outdoor living is equally impressive, highlighted by a rooftop deck with a hot tub. Constructed entirely without wood framing, this home offers durability and modern appeal. With its exceptional amenities, waterfront location, and meticulous attention to detail, 8 Beacon Bay captures the ultimate Newport Beach lifestyle.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.2mi
7/10
Abraham Lincoln Elementary School
Public,K-62.3mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.2mi
9/10
Corona Del Mar High School
Public,7-122.2mi
Condition Rating
Excellent

Built in 2010, this bayfront residence presents as virtually new, showcasing a luxurious and contemporary design throughout. Both the main and secondary kitchens feature high-end, integrated stainless steel appliances, sleek modern cabinetry, and pristine countertops. All bathrooms are impeccably updated with modern fixtures, floating vanities, large format tiling, and glass-enclosed showers, including a primary suite with a freestanding tub. The property boasts premium flooring (hardwood and large format tile/stone), modern light fixtures, and state-of-the-art amenities like an elevator, wine room, steam room, and rooftop deck with a hot tub. There is no visible wear or deferred maintenance, aligning perfectly with current quality standards for a luxury home.
Pros & Cons

Pros

Great Schools: High School: Corona Del Mar High School (9/10).
Prime Bayfront Location & Views: An exceptional bayfront residence in the prestigious Beacon Bay subdivision of Newport Beach, offering desirable bay and city lights views.
Extensive Luxury Amenities: The subterranean basement is an entertainer's dream, featuring a full secondary kitchen, temperature-controlled wine room, steam room, fireplace-warmed gym, and a dramatic waterfall feature. A rooftop deck with a hot tub further enhances outdoor luxury.
Spacious & Versatile Accommodation: The home boasts four spacious en suite bedrooms, with a versatile gym that can easily serve as a fifth bedroom, including a private guest suite and an impressive primary suite with a sitting room and office.
Modern & Durable Construction: Built in 2010, the home is constructed entirely without wood framing, offering enhanced durability and modern appeal.
Exceptional Convenience & Accessibility: An elevator services all three levels, ensuring seamless movement, complemented by multiple laundry areas for ultimate practicality.

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 = 4002, living area = 5132.
Significant Association Fees: The property is subject to an association fee of $3,450.0, representing a notable recurring cost for ownership.
Recent Price Reduction: A substantial price reduction from $14.495M to $12.995M may indicate initial overpricing or market adjustments, potentially raising questions for prospective buyers.
Absence of Explicit Private Dock/Slip: While bayfront, the property description does not explicitly mention a private boat dock or slip, which could be a desired amenity for buyers seeking direct water access for boating.

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