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1585 Miramar Dr, Newport Beach, CA 92661

List Price: $4,690,000On Market FlagOn market
Jul 14, 20252,630 sqft4 beds3 baths
Listed by: Nura Motal
License #: 01827197
Phone #: 949-525-2153
Douglas Elliman of California
Source:
CRMLS Logo
MLS #: OC25145981

Property Description

Nestled in the heart of Newport Beach’s coveted Balboa Peninsula, just two blocks from beaches along the Pacific Ocean and nearly as close to Newport Bay, this exceptionally upgraded and remodeled home is destined to enhance your lifestyle. Stroll to fashionable cafés, restaurants, shops and galleries, or relax at home on your inviting front patio, complete with a classic white picket fence. Beyond the Dutch entry door, a reimagined first level reveals open-concept style with a seamless dining room, living room and kitchen. A custom mantlepiece and white stone hearth grace a corner fireplace, while the new kitchen opens to the dining room with a passthrough bar and hosts Shaker cabinetry, stainless appliances, quartz countertops and a door to the side yard. Elegant craftsmanship is revealed through the inclusion of crown molding, wide white oak-inspired luxury vinyl plank flooring, designer lighting fixtures and custom wall treatments. Approximately 2,630 square feet, the four-bedroom, three-bath residence continues indoor/outdoor living on the second level, where a private deck is accessed by a versatile den, the primary suite and a secondary bedroom with separate entrance, making it perfect for guests. A spiral staircase leads from the main deck to a sunny rooftop deck with panoramic city-light views, and both decks are finished with slotted wood flooring. The primary suite showcases a sitting area, wood-finished accent wall, a romantic fireplace with floating hearth, a spacious dressing area with mirrored wardrobes, and a new custom bath with rain shower, freestanding tub and dual sinks. Further enrichments are led by recessed LED lighting, upgraded windows and sliding-glass doors that bathe interior spaces in natural light, a fresh white color palette, and an attached two-car garage. Close to The Wedge, a world-renowned surf spot, and minutes from Fashion Island, Balboa’s pier and Fun Zone, scenic parks, golf courses and luxury resorts, this turnkey home presents the ultimate mix of style, functionality and proximity to the water.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$57,474

TurboHome Estimated Value

$4,260,800

$1,620 sqft

High Valuation
$4,473,840
$1701/sqft
Normal Valuation
$4,260,800
$1620/sqft
Low Valuation
$4,047,760
$1539/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1620/sqft$4,260,800

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$3.20M

$3.30M

$3.80M

$4.08M

$4.69M

$5.20M

1517 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,200,000

Selected Comparable

221 Abalone Ave, Newport Beach, CA 92662

Sale Price: $3,300,000

Selected Comparable

307 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $3,800,000

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

1585 Miramar Dr, Newport Beach, CA 92661

List Price: $4,690,000

Subject Property

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $5,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1585 Miramar Dr, Newport Beach, CA 92661

1585 Miramar Dr, Newport Beach, CA 92661

List: $4,690,000

Listed: 7/14/2025

Area:2,630 sqft
Price/sqft:$1,783
Beds:4
Baths:3
Year Built:
Lot Size:2,614

Comparable Properties

COMPARABLE
Choose comps
307 Sapphire Ave, Newport Beach, CA 92662

307 Sapphire Ave, Newport Beach, CA 92662

Sale: $3,800,000

4/8/20250.71 mi

Area:2,130 sqft
Price/sqft:$1,784
Beds:4
Baths:4
Year Built:
Weight:20.9%
221 Abalone Ave, Newport Beach, CA 92662

221 Abalone Ave, Newport Beach, CA 92662

Sale: $3,300,000

2/25/20250.61 mi

Area:2,094 sqft
Price/sqft:$1,576
Beds:4
Baths:4
Year Built:
Weight:20.3%
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.62 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:20.3%
407 Dahlia Ave, Corona Del Mar, CA 92625

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $5,200,000

4/14/20250.70 mi

Area:3,383 sqft
Price/sqft:$1,537
Beds:4
Baths:4
Year Built:
Weight:19.3%
1517 Miramar Dr, Newport Beach, CA 92661

1517 Miramar Dr, Newport Beach, CA 92661

Sale: $3,200,000

7/28/20250.12 mi

Area:2,090 sqft
Price/sqft:$1,531
Beds:3
Baths:2
Year Built:
Weight:19.3%

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