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1242 Somerset Ln, Newport Beach, CA 92660 - Main View

1242 Somerset Ln, Newport Beach, CA 92660 - Additional View 1

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1242 Somerset Ln, Newport Beach, CA 92660

List Price: $17,000

On market

May 27, 20253,194 sqft4 beds5 baths

Listed by: Krista McIntosh

License #: 01839681

Phone #: 949-644-1600

Coldwell Banker Realty

Source:

MLS #: NP25117860

Assignment

Get a detailed valuation report, schedule a tour or make an offer!

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.”

DRE LICENSE #01997822

California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$121,671

TurboHome Estimated Value

$4,305,700

$1,348 sqft

High Valuation

$4,520,985

$1415/sqft

Normal Valuation

$4,305,700

$1348/sqft

Low Valuation

$4,090,415

$1281/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$1348	$4,305,700

Assignment

Get a detailed valuation report, schedule a tour or make an offer!

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.”

DRE LICENSE #01997822

California Association of Realtors

Neighborhood: Westcliff East (WCDE)

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Comparative Value

$17K

$3.50M

$4.10M

$4.65M

$5.16M

$5.80M

1242 Somerset Ln, Newport Beach, CA 92660

List Price: $17,000

Subject Property

1007 Grove Ln, Newport Beach, CA 92660

Sale Price: $3,500,000

Selected Comparable

1412 Antigua Way, Newport Beach, CA 92660

Sale Price: $4,100,000

Selected Comparable

1100 Essex Ln, Newport Beach, CA 92660

Sale Price: $4,650,000

Selected Comparable

1206 Pembroke Ln, Newport Beach, CA 92660

Sale Price: $5,162,500

Selected Comparable

1615 Lincoln Ln, Newport Beach, CA 92660

Sale Price: $5,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT

1242 Somerset Ln, Newport Beach, CA 92660

1242 Somerset Ln, Newport Beach, CA 92660

List: $17,000

Listed: 5/27/2025

Area:3,194 sqft

Price/sqft:$5

Beds:4

Baths:5

Year Built:—

Lot Size:12,160

Comparable Properties

COMPARABLE

Choose comps

1100 Essex Ln, Newport Beach, CA 92660

1100 Essex Ln, Newport Beach, CA 92660

Sale: $4,650,000

7/8/2024 • 0.24 mi

Area:2,924 sqft

Price/sqft:$1,590

Beds:4

Baths:5

Year Built:—

Weight:21.1%

1206 Pembroke Ln, Newport Beach, CA 92660

1206 Pembroke Ln, Newport Beach, CA 92660

Sale: $5,162,500

2/3/2025 • 0.44 mi

Area:3,306 sqft

Price/sqft:$1,562

Beds:4

Baths:4

Year Built:—

Weight:20.3%

1412 Antigua Way, Newport Beach, CA 92660

1412 Antigua Way, Newport Beach, CA 92660

Sale: $4,100,000

11/8/2024 • 0.34 mi

Area:3,136 sqft

Price/sqft:$1,307

Beds:4

Baths:4

Year Built:—

Weight:20.0%

1007 Grove Ln, Newport Beach, CA 92660

1007 Grove Ln, Newport Beach, CA 92660

Sale: $3,500,000

9/6/2024 • 0.30 mi

Area:3,836 sqft

Price/sqft:$912

Beds:4

Baths:5

Year Built:—

Weight:19.5%

1615 Lincoln Ln, Newport Beach, CA 92660

1615 Lincoln Ln, Newport Beach, CA 92660

Sale: $5,800,000

8/9/2024 • 0.28 mi

Area:3,380 sqft

Price/sqft:$1,716

Beds:4

Baths:4

Year Built:—

Weight:19.1%

Subject Property

SUBJECT

Image	Address	List Price	sqft	Price/sqft	Lot Size	Distance	List Date	Beds	Baths	Year Built	Weight
	1242 Somerset Ln, Newport Beach, CA 92660	$17,000	3,194	$5	12,160	—	5/27/2025	4	5	—	—

Comparable Properties

COMPARABLE

Choose comps

Image	Address	Sale Price	sqft	Price/sqft	Lot Size	Distance	Sale Date	Beds	Baths	Year Built	Weight
	1100 Essex Ln, Newport Beach, CA 92660	$4,650,000	2,924	$1,590	9,350	0.24 mi	7/8/2024	4	5	—	21.1%
	1206 Pembroke Ln, Newport Beach, CA 92660	$5,162,500	3,306	$1,562	7,383	0.44 mi	2/3/2025	4	4	—	20.3%
	1412 Antigua Way, Newport Beach, CA 92660	$4,100,000	3,136	$1,307	9,296	0.34 mi	11/8/2024	4	4	—	20.0%
	1007 Grove Ln, Newport Beach, CA 92660	$3,500,000	3,836	$912	8,220	0.30 mi	9/6/2024	4	5	—	19.5%
	1615 Lincoln Ln, Newport Beach, CA 92660	$5,800,000	3,380	$1,716	8,580	0.28 mi	8/9/2024	4	4	—	19.1%

Nearby Listings

11 similar properties within 5 miles

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1207 Mariners Dr, Newport Beach, CA 92660

List Price: $16,000

1207 Mariners Dr, Newport Beach, CA 92660

5 bd 5 ba 3,399 sqft

TurboHome Est. Value:

$5,286,600

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900 Kings Rd, Newport Beach, CA 92663

List Price: $14,600

900 Kings Rd, Newport Beach, CA 92663

5 bd 4 ba 3,800 sqft

TurboHome Est. Value:

$6,041,200

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217 Coral Ave, Newport Beach, CA 92662

List Price: $20,000

217 Coral Ave, Newport Beach, CA 92662

3 bd 5 ba 2,537 sqft

TurboHome Est. Value:

$5,247,000

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