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416 Holmwood Dr, Newport Beach, CA 92663

Sale Price: $5,300,000
Jul 23, 20246,143 sqft5 beds6 baths
Listed by: Lillian Vu
License #: 01937949
Phone #: 949.438.0972
Luxe Real Estate
Source:
CRMLS Logo
MLS #: OC24145845

Property Description

Encompassing over 6,100 square feet of living space, this meticulously updated 5 bedroom, 6 bathroom custom Newport Heights home showcases a wealth of recent enhancements. Stepping inside, the residence boasts all-new hardwood flooring throughout, complemented by urban-inspired tiles in key areas. Each of the interior bathrooms has been completely revamped with new tubs, toilets, tiles, RH fixtures, and Waterworks fixtures. The master bath is a luxurious retreat featuring Coocoon fixtures, a steam shower, and blackout glass, while the master closet has been elegantly redesigned. Lime wash paint lends a sophisticated touch to the master suite, enhancing its appeal. Not stopping there, the property includes a remodeled powder room and a fully renovated kitchen equipped with new appliances and marble countertops. The fireplace has been updated with full marble, and the laundry room now boasts new washer and dryers. Throughout the home, updated lighting fixtures, including chandeliers, add to the ambiance. Additional enhancements include new cabinets in the office and family room, creating ample storage space, as well as a new entertainment system with speakers installed outside. The bar and wet bar have also been tastefully remodeled, perfect for entertaining guests. Beyond its interior designed by Nesrine Interiors, this home offers an impressive array of features, including high ceilings, a dramatic foyer with a stunning curved staircase, and custom beamed ceilings in the family area. The entertainer’s backyard beckons with a built-in BBQ, lounge area with TV, and a recently added custom pool/spa. The expansive master suite features a private patio, wet bar, fireplace, and a generously sized California Closet-organized closet. Four additional bedrooms and a bonus room/loft round out the versatile floor plan, ideal for a game room or media area. With its proximity to world-class beaches, top-rated schools, and the vibrant 17th street amenities, this home epitomizes luxury coastal living at its finest.
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

$77,682

TurboHome Estimated Value

$5,536,900

$901 sqft

High Valuation
$5,813,745
$946/sqft
Normal Valuation
$5,536,900
$901/sqft
Low Valuation
$5,260,055
$856/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$901/sqft$5,536,900

Neighborhood: Newport Heights (NEWH)

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Comparative Value

$3.95M

$5.30M

$5.50M

$5.89M

$7.39M

514 Westminster Ave, Newport Beach, CA 92663

Sale Price: $3,950,000

Selected Comparable

416 Holmwood Dr, Newport Beach, CA 92663

Sale Price: $5,300,000

Selected Comparable

482 Costa Mesa St, Costa Mesa, CA 92627

Sale Price: $5,500,000

Selected Comparable

2327 Margaret Dr, Newport Beach, CA 92663

Sale Price: $5,650,000

Selected Comparable

416 Holmwood Dr, Newport Beach, CA 92663

List Price: $5,895,000

Subject Property

320 Fullerton Ave, Newport Beach, CA 92663

Sale Price: $7,395,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
416 Holmwood Dr, Newport Beach, CA 92663

416 Holmwood Dr, Newport Beach, CA 92663

List: $5,895,000

Listed: 7/23/2024

Area:6,143 sqft
Price/sqft:$960
Beds:5
Baths:6
Year Built:
Lot Size:8,192

Comparable Properties

COMPARABLE
Choose comps
416 Holmwood Dr, Newport Beach, CA 92663

416 Holmwood Dr, Newport Beach, CA 92663

Sale: $5,300,000

12/2/20240.00 mi

Area:6,143 sqft
Price/sqft:$863
Beds:5
Baths:6
Year Built:
Weight:25.0%
2327 Margaret Dr, Newport Beach, CA 92663

2327 Margaret Dr, Newport Beach, CA 92663

Sale: $5,650,000

4/1/20250.59 mi

Area:4,846 sqft
Price/sqft:$1,166
Beds:5
Baths:6
Year Built:
Weight:20.7%
320 Fullerton Ave, Newport Beach, CA 92663

320 Fullerton Ave, Newport Beach, CA 92663

Sale: $7,395,000

5/2/20250.54 mi

Area:4,986 sqft
Price/sqft:$1,483
Beds:5
Baths:7
Year Built:
Weight:18.8%
482 Costa Mesa St, Costa Mesa, CA 92627

482 Costa Mesa St, Costa Mesa, CA 92627

Sale: $5,500,000

7/27/20251.46 mi

Area:4,813 sqft
Price/sqft:$1,143
Beds:5
Baths:5
Year Built:
Weight:18.4%
514 Westminster Ave, Newport Beach, CA 92663

514 Westminster Ave, Newport Beach, CA 92663

Sale: $3,950,000

8/28/20240.19 mi

Area:5,152 sqft
Price/sqft:$767
Beds:4
Baths:6
Year Built:
Weight:17.1%

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