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1201 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $3,400,000
Nov 8, 20242,924 sqft3 beds3 baths
Listed by: Hunter Jack
License #: 01879200
Phone #: 949-644-1600
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: NP24227295

Property Description

Complemented by a spacious corner homesite in the sought-after Newport Beach neighborhood of Dover Shores, this classic single-story residence showcases coveted appointments throughout. Thoughtfully upgraded, the three-bedroom-plus-den, two-and-one-half-bath design is embraced by a newer exterior with pristine front-yard landscaping and a quintessential picket fence gate. Interior spaces of approximately 2,924 square feet flow effortlessly from one beautifully appointed area to the next, offering carefree living and entertaining. Skylights bathe the grand great room in radiant light, dancing across soaring vaulted ceilings and highlighting a quartz-surround fireplace and an inviting wet bar that promises memorable gatherings. Recently updated, the chef's kitchen features a quartz-topped central island, newer backsplash, six-burner range, Sub-Zero refrigerator, and ample storage to cater to both culinary adventures and casual breakfasts. Retreat to the expansive primary suite, where high ceilings, fireplace, walk-in closet, and sliding glass doors to the backyard create a private sanctuary. A custom ladder leads to a charming loft, ideal as a reading nook, mini office, or extra storage, adding both character and functionality to the space. The spa-inspired primary bath invites relaxation with its marble-topped dual sinks and vanity area, soaking tub, walk-in shower with multiple shower heads. Secondary bedrooms, spacious and thoughtfully designed, feature ample closet space and share a bath. Completing the floorplan is a versatile bonus room offers options as an office, den, or playroom, adapting seamlessly to individual needs. Solid oak flooring, solid-core doors, and newer hardware run throughout the home, adding warmth and continuity. Entertain by sunlight and starlight in the generous, newly landscaped backyard with a built-in BBQ, bar seating, built-in seating around a firepit, and putting green. Energy-efficient double-paned windows, a three-zoned heating and A/C system, and easy access to Castaways Trail enhance the comfort and appeal of this residence, designed to blend sophistication with functionality at every turn. Dover Shores is highly desired for its setting near Newport’s Back Bay, trails, beaches, Fashion Island, outstanding schools, golf courses, and the Balboa Peninsula.
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

$59,412

TurboHome Estimated Value

$3,707,900

$1,268 sqft

High Valuation
$3,893,295
$1331/sqft
Normal Valuation
$3,707,900
$1268/sqft
Low Valuation
$3,522,505
$1205/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1268/sqft$3,707,900

Neighborhood: Westcliff Grove (WCGR)

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Comparative Value

$2.52M

$3.40M

$3.85M

$3.95M

1206 Blue Gum Ln, Newport Beach, CA 92660

Sale Price: $2,525,000

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

Sale Price: $3,400,000

Selected Comparable

1201 Blue Gum Ln, Newport Beach, CA 92660

List Price: $3,455,000

Subject Property

1527 Anita Ln, Newport Beach, CA 92660

Sale Price: $3,850,000

Selected Comparable

470 Cabrillo St, Costa Mesa, CA 92627

Sale Price: $3,950,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1201 Blue Gum Ln, Newport Beach, CA 92660

1201 Blue Gum Ln, Newport Beach, CA 92660

List: $3,455,000

Listed: 11/8/2024

Area:2,924 sqft
Price/sqft:$1,182
Beds:3
Baths:3
Year Built:
Lot Size:6,840

Comparable Properties

COMPARABLE
Choose comps
1201 Blue Gum Ln, Newport Beach, CA 92660

1201 Blue Gum Ln, Newport Beach, CA 92660

Sale: $3,400,000

1/23/20250.00 mi

Area:2,924 sqft
Price/sqft:$1,163
Beds:3
Baths:3
Year Built:
Weight:23.3%
1206 Blue Gum Ln, Newport Beach, CA 92660

1206 Blue Gum Ln, Newport Beach, CA 92660

Sale: $2,525,000

3/20/20250.04 mi

Area:2,551 sqft
Price/sqft:$990
Beds:3
Baths:3
Year Built:
Weight:21.8%
1245 Blue Gum Ln, Newport Beach, CA 92660

1245 Blue Gum Ln, Newport Beach, CA 92660

Sale: $3,400,000

11/6/20240.08 mi

Area:2,551 sqft
Price/sqft:$1,333
Beds:3
Baths:3
Year Built:
Weight:20.6%
470 Cabrillo St, Costa Mesa, CA 92627

470 Cabrillo St, Costa Mesa, CA 92627

Sale: $3,950,000

5/6/20250.54 mi

Area:3,371 sqft
Price/sqft:$1,172
Beds:3
Baths:4
Year Built:
Weight:18.1%
1527 Anita Ln, Newport Beach, CA 92660

1527 Anita Ln, Newport Beach, CA 92660

Sale: $3,850,000

9/20/20240.43 mi

Area:2,648 sqft
Price/sqft:$1,454
Beds:4
Baths:3
Year Built:
Weight:16.2%

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