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1245 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $3,400,000
Sep 13, 20242,551 sqft3 beds3 baths
Listed by: Jon Dishon
License #: 01192701
Phone #: 949-632-9967
Arbor Real Estate
Source:
CRMLS Logo
MLS #: NP24190644

Property Description

Discover this beautifully remodeled home, ideally situated on a quiet cul-de-sac and adjacent to the Castaways bike path. Enjoy effortless access to nearby shops, parks, the award-winning Mariners Elementary, and Back Bay recreation. This residence features elegant hardwood flooring throughout and a spacious master suite with dual vanities. The beautifully landscaped and hardscaped gated entry leads to a large side and rear yard, offering ample space for a pool or future expansion. The thoughtfully designed layout includes a family room, a living room with a cozy fireplace, a formal dining room, and a well-appointed kitchen with an island, breakfast nook, and its own fireplace. Vaulted ceilings and large windows throughout ensure abundant natural light. Additional highlights include the potential to easily add a fourth bedroom within the existing footprint, an indoor laundry room, and plenty of storage with custom built-ins and closets throughout. This home provides plenty of room to spread out and enjoy a comfortable, updated living environment in a highly desirable neighborhood.
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

$57,516

TurboHome Estimated Value

$3,714,700

$1,456 sqft

High Valuation
$3,900,435
$1529/sqft
Normal Valuation
$3,714,700
$1456/sqft
Low Valuation
$3,528,965
$1383/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1456/sqft$3,714,700

Neighborhood: Westcliff Grove (WCGR)

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Comparative Value

$2.52M

$3.27M

$3.40M

$3.60M

$3.90M

1206 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $2,525,000

Selected Comparable

460 Cabrillo St, Costa Mesa, CA 92627

Sale Price: $3,275,000

Selected Comparable

1245 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $3,400,000

Selected Comparable

1201 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $3,400,000

Selected Comparable

1245 Blue Gum Ln, Newport Beach, CA 92660

List Price: $3,595,000

Subject Property

1307 Oxford Ln, Newport Beach, CA 92660

Sale Price: $3,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1245 Blue Gum Ln, Newport Beach, CA 92660

1245 Blue Gum Ln, Newport Beach, CA 92660

List: $3,595,000

Listed: 9/13/2024

Area:2,551 sqft
Price/sqft:$1,409
Beds:3
Baths:3
Year Built:
Lot Size:8,450

Comparable Properties

COMPARABLE
Choose comps
1206 Blue Gum Ln, Newport Beach, CA 92660

1206 Blue Gum Ln, Newport Beach, CA 92660

Sale: $2,525,000

3/20/20250.11 mi

Area:2,551 sqft
Price/sqft:$990
Beds:3
Baths:3
Year Built:
Weight:22.5%
1245 Blue Gum Ln, Newport Beach, CA 92660

1245 Blue Gum Ln, Newport Beach, CA 92660

Sale: $3,400,000

11/6/20240.00 mi

Area:2,551 sqft
Price/sqft:$1,333
Beds:3
Baths:3
Year Built:
Weight:22.0%
1201 Blue Gum Ln, Newport Beach, CA 92660

1201 Blue Gum Ln, Newport Beach, CA 92660

Sale: $3,400,000

1/23/20250.08 mi

Area:2,924 sqft
Price/sqft:$1,163
Beds:3
Baths:3
Year Built:
Weight:20.1%
1307 Oxford Ln, Newport Beach, CA 92660

1307 Oxford Ln, Newport Beach, CA 92660

Sale: $3,900,000

8/5/20250.09 mi

Area:2,302 sqft
Price/sqft:$1,694
Beds:4
Baths:3
Year Built:
Weight:18.8%
460 Cabrillo St, Costa Mesa, CA 92627

460 Cabrillo St, Costa Mesa, CA 92627

Sale: $3,275,000

1/10/20250.48 mi

Area:2,400 sqft
Price/sqft:$1,365
Beds:4
Baths:3
Year Built:
Weight:16.6%

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