9 Rue Cannes, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 4 bath
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Newport Beach, California 92660
This Luxury View Residence is a Strong Value Opportunity, listed at $4,995,000—positioned well below the $5,452,144 Fair Market Value by 8%. This valuation gap offers $457,144 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features Brazilian walnut flooring and an expansive primary suite with panoramic Back Bay and city light views. Located in the prestigious Big Canyon enclave near 9/10-rated Corona Del Mar High, it balances lifestyle luxury with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Luxury Investors seeking a high-equity asset in a premier guard-gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Rue Cannes Subject | $4,380,000* List Price | 3 | 4 | 4,498 | $1,050 | - |
A 5 Rue Marseille Sold | $3,400,000 | 3 | 3 | 3,011 | $1,129 | 0.1 mi |
B 14 Rue Chantilly Active | $5,495,000 List Price | 4 | 5 | 4,880 | $1,126 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with high-end finishes throughout. Despite its 1972 build date, the home has undergone significant renovations, featuring premium Brazilian walnut flooring, a modern kitchen with professional-grade stainless steel appliances, and updated spa-inspired bathrooms with frameless glass showers and stone tiling. The systems and aesthetics are well-maintained and functional, though the styling suggests the major updates occurred within the 5-15 year range rather than a full recent renovation within the last 5 years.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated on a highly coveted, oversized elevated lot within the prestigious guard-gated Big Canyon enclave, offering both privacy and security.
The property commands breathtaking vistas of the mountains, city lights, and partial Upper Newport Bay, providing a stunning backdrop for daily living and entertaining.
With only three bedrooms across nearly 4,500 square feet, the layout may not suit larger families or buyers requiring more dedicated sleeping quarters.
Originally built in 1972, the property may require further modern updates to meet the aesthetic expectations of contemporary luxury buyers in this price bracket.
PRICE IMPROVEMENT - TREMENDOUS VALUE FOR PRICE PER SQUARE FOOT! Nestled within the prestigious guard-gated enclave of Big Canyon, this exceptional residence is ideally positioned on a highly coveted, elevated oversized lot. It commands sweeping vistas, breathtaking sunsets, mountain, city lights and partial Upper Newport Bay. The thoughtfully expanded traditional floorplan features a luxurious primary suite oriented to capture the stunning views, complete with spa-inspired ensuite bath, an elegant walk-in closet, and versatile view room currently utilized as a private fitness space. One of the additional guest suites offers a spacious sitting area and ensuite bath, while the third bedroom features an adjacent hallway bathroom. Upon entry through the grand foyer, the main level impresses with rich Brazilian walnut flooring, soaring two-story ceilings, and an abundance of natural light that complements the refined, soft toned color palette. Entertain with ease, whether hosting a formal dinner indoors or enjoying alfresco dining amidst a tranquil setting enhanced by a charming fountain. This distinguished property offers a rare opportunity to enjoy resort-style living in one of Newport Beach’s most sought-after communities.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 4,498 | 2,621.5 | 81% |
| Lot Size | 8,520 | 7,500 | 63% |
| Price | $4.38M | $3.97M | 57% |
| Price per sq ft | $974 | $1.4K | 11% |
| Built year | 1972 | 1970 | 56% |
| HOA | $668.0 | $386 | 75% |
| Days on market | 56 | 160 | 12% |
Apr 17, 2026
$4,380,000
$4,995,000
-12% Price Drop
Initial Listing
Feb 25, 2026
$4,995,000
Initial Listing