2290 Channel Rd, Newport Beach, CA 92661 - View 1
2290 Channel Rd, Newport Beach, CA 92661 - View 2
2290 Channel Rd, Newport Beach, CA 92661 - View 3

2290 Channel Rd, Newport Beach, CA 92661

Sale Price: $12,000,000
Mar 8, 20243,418 sqft4 beds4 baths
Listed by: Mehdi Khosh
License #: 00892388
Phone #: 714-609-2361
Berkshire Hathaway HomeService
Source:
CRMLS Logo
MLS #: NP24045317

Property Description

Experience the epitome of bayfront living with this contemporary masterpiece, meticulously reimagined in 2011 with over $1.2 million in architectural upgrades. Resting on a prized 40-foot bay-frontage lot in one of Newport Beach’s most sought-after neighborhoods, this home is positioned at the end of the channel, offering breathtaking views that evolve with the ebb and flow of boats entering and exiting the harbor year-round, providing an ever-changing panorama of Newport Harbor. Step into luxury within this 4 bedroom, 4 bath residence, featuring one bedroom and bath on the main level, encompassing 3,418 sq. ft. of impeccably designed living space. Expansive windows and glass doors frame the stunning bayfront views, seamlessly blending indoor and outdoor living. The open-concept floor plan flows into a spacious great room, perfect for both dining and entertaining, while the chef’s kitchen boasts professional-grade stainless steel appliances, Cantoni high-polished white cabinets, and a large center island with counter seating. The home's interior is adorned with a custom glass and stainless steel staircase leading to the second level, where you’ll find a luxurious primary suite. This suite features floor-to-ceiling glass walls, a private terrace with unparalleled bay views, and an ensuite with a walk-in steam shower, custom cabinetry, and natural stone wall treatments. Two additional ensuite bedrooms, one of which shares the same incredible bay views as the primary suite, and a laundry room complete the upstairs living space. Outside, the property offers an expansive private patio with a built-in BBQ, heaters, and a newer private dock accommodating up to a 40-foot yacht. This provides you with the ultimate waterfront lifestyle. Just steps out your front door is the famous Wedge, where you can watch world-class shore break surfing. Furthermore, you can enjoy modern amenities such as a water softening and filtration system, solar panels, a leak detection system, zoned HVAC, and motorized blinds, ensuring comfort and peace of mind. This property transcends mere real estate; it embodies a lifestyle. Enjoy close proximity to the waterfront, beaches, world-class resorts, and fine dining, embracing the quintessential Newport Beach experience.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

$162,417

TurboHome Estimated Value

$11,663,900

$3,412 sqft

High Valuation
$12,247,095
$3583/sqft
Normal Valuation
$11,663,900
$3412/sqft
Low Valuation
$11,080,705
$3242/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3412/sqft$11,663,900

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$7.29M

$7.78M

$8.83M

$12.00M

$12.50M

$13.05M

421 Begonia Ave, Corona Del Mar, CA 92625

Sale Price: $7,295,000

Selected Comparable

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $7,780,000

Selected Comparable

2015 Sabrina Ter, Corona Del Mar, CA 92625

Sale Price: $8,833,891

Selected Comparable

2290 Channel Rd, Newport Beach, CA 92661

Sale Price: $12,000,000

Selected Comparable

2290 Channel Rd, Newport Beach, CA 92661

List Price: $12,500,000

Subject Property

1805 E Bay Ave, Newport Beach, CA 92661

Sale Price: $13,050,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2290 Channel Rd, Newport Beach, CA 92661

2290 Channel Rd, Newport Beach, CA 92661

List: $12,500,000

Listed: 3/8/2024

Area:3,418 sqft
Price/sqft:$3,657
Beds:4
Baths:4
Year Built:
Lot Size:4,000

Comparable Properties

COMPARABLE
Choose comps
2290 Channel Rd, Newport Beach, CA 92661

2290 Channel Rd, Newport Beach, CA 92661

Sale: $12,000,000

9/18/20240.00 mi

Area:3,418 sqft
Price/sqft:$3,511
Beds:4
Baths:4
Year Built:
Weight:22.9%
2015 Sabrina Ter, Corona Del Mar, CA 92625

2015 Sabrina Ter, Corona Del Mar, CA 92625

Sale: $8,833,891

7/25/20250.51 mi

Area:2,991 sqft
Price/sqft:$2,953
Beds:4
Baths:3
Year Built:
Weight:19.9%
1214 E Balboa Blvd, Newport Beach, CA 92661

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale: $7,780,000

6/6/20250.71 mi

Area:2,672 sqft
Price/sqft:$2,912
Beds:4
Baths:4
Year Built:
Weight:19.8%
421 Begonia Ave, Corona Del Mar, CA 92625

421 Begonia Ave, Corona Del Mar, CA 92625

Sale: $7,295,000

4/29/20250.42 mi

Area:3,250 sqft
Price/sqft:$2,245
Beds:3
Baths:4
Year Built:
Weight:18.8%
1805 E Bay Ave, Newport Beach, CA 92661

1805 E Bay Ave, Newport Beach, CA 92661

Sale: $13,050,000

4/8/20250.39 mi

Area:2,927 sqft
Price/sqft:$4,458
Beds:4
Baths:5
Year Built:
Weight:18.6%

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