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507 Morning Star Ln, Newport Beach, CA 92660

Sale Price: $12,200,000
Jun 3, 20245,934 sqft5 beds5 baths
Listed by: Chandler Bell
License #: 01941440
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP24101013

Property Description

507 Morning Star is situated in the highly sought after community of Dover Shores along being on one of the larger bay front lots. Panoramic views of Fashion Island, Back Bay Hillsides and the glistening waters of Newport Beach. As you enter through the gated courtyard that reveals a beautifully private landscaped entertaining area with a pool and spa. Entering the home, you come through a formal entry leading into the living room. Downstairs has a massive Living room that looks over the water, with deck that runs the full length of the home for entertaining, along with fireplace then into a large family room with wet bar, also overlooking the water. Large dining room, kitchen, laundry room and bedroom with an on suit. Upstairs has 4 bedrooms, one large enough to be a secondary primary with an on suit overlooking a deck, courtyard and pool/spa. The Main Primary Bedroom Wing includes water views from a walk out deck that runs the full length of the home with spectacular views, along with a fireplace, formal bath, and large office that also includes a fireplace. 2 other bedrooms overlook the water as well and have access to the deck. The home includes an approximately 748 sq. ft., 1 bedroom, 1 bath ADU unit over the 3-car garage with a fireplace. The property has a boat slip that will accommodate 3 larger vessels with permits for being completely updated. Close to outstanding schools, shopping, restaurants, John Wayne airport. Great property to make this home what you want it to be.
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

$82,044

TurboHome Estimated Value

$10,484,800

$1,767 sqft

High Valuation
$11,009,040
$1855/sqft
Normal Valuation
$10,484,800
$1767/sqft
Low Valuation
$9,960,560
$1679/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1767/sqft$10,484,800

Neighborhood

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Comparative Value

$6.75M

$7.25M

$8.00M

$8.55M

$12.20M

$15.50M

1106 Nottingham Rd, Newport Beach, CA 92660

Sale Price: $6,750,000

Selected Comparable

208 Via Palermo, Newport Beach, CA 92663

Sale Price: $7,250,000

Selected Comparable

2206 Laurel Pl, Newport Beach, CA 92663

Sale Price: $8,000,000

Selected Comparable

2915 Cliff Dr, Newport Beach, CA 92663

Sale Price: $8,550,000

Selected Comparable

507 Morning Star Ln, Newport Beach, CA 92660

Sale Price: $12,200,000

Selected Comparable

507 Morning Star Ln, Newport Beach, CA 92660

List Price: $15,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
507 Morning Star Ln, Newport Beach, CA 92660

507 Morning Star Ln, Newport Beach, CA 92660

List: $15,500,000

Listed: 6/3/2024

Area:5,934 sqft
Price/sqft:$2,612
Beds:5
Baths:5
Year Built:
Lot Size:10,080

Comparable Properties

COMPARABLE
Choose comps
507 Morning Star Ln, Newport Beach, CA 92660

507 Morning Star Ln, Newport Beach, CA 92660

Sale: $12,200,000

12/13/20240.00 mi

Area:5,934 sqft
Price/sqft:$2,056
Beds:5
Baths:5
Year Built:
Weight:25.6%
2206 Laurel Pl, Newport Beach, CA 92663

2206 Laurel Pl, Newport Beach, CA 92663

Sale: $8,000,000

5/12/20250.87 mi

Area:5,523 sqft
Price/sqft:$1,448
Beds:5
Baths:6
Year Built:
Weight:20.7%
1106 Nottingham Rd, Newport Beach, CA 92660

1106 Nottingham Rd, Newport Beach, CA 92660

Sale: $6,750,000

4/21/20250.42 mi

Area:4,951 sqft
Price/sqft:$1,363
Beds:5
Baths:6
Year Built:
Weight:19.9%
208 Via Palermo, Newport Beach, CA 92663

208 Via Palermo, Newport Beach, CA 92663

Sale: $7,250,000

6/9/20251.24 mi

Area:4,669 sqft
Price/sqft:$1,553
Beds:5
Baths:6
Year Built:
Weight:18.3%
2915 Cliff Dr, Newport Beach, CA 92663

2915 Cliff Dr, Newport Beach, CA 92663

Sale: $8,550,000

1/15/20251.50 mi

Area:4,911 sqft
Price/sqft:$1,741
Beds:4
Baths:5
Year Built:
Weight:15.5%

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