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21 Observatory, Newport Coast, CA 92657

List Price: $5,749,000On Market FlagOn market
Apr 11, 20253,631 sqft4 beds4 baths
Listed by: Paul Daftarian
License #: 01317949
Phone #: 949-484-0387
Luxe Real Estate
Source:
CRMLS Logo
MLS #: OC25064091

Property Description

Ideally positioned on a private corner lot at the end of a serene cul-de-sac, 21 Observatory seamlessly blends sophisticated design with luxurious upgrades. This renovated & recently refreshed residence showcases 4 bedrooms, 3.5 bathrooms, and approximately 3,631 square feet of impeccably curated living space. Every detail has been thoughtfully considered from 18”x36” limestone and European oak flooring to custom inlaid cabinetry, striking Calacatta marble countertops, and artisan-crafted ironwork. A state-of-the-art Lutron lighting system sets the perfect ambiance throughout, while a suite of premium Viking and Sub-Zero appliances enhances both function and form in the chef’s kitchen. The garage is a standout feature in itself, offering Cleaf cabinetry which makes it feel more like a high-end showroom than a utility space. Upstairs, the primary suite is a true retreat, featuring warm wood flooring, a stone-wrapped balcony, and a spa-inspired bathroom with marble flooring, an oversized stone shower, freestanding Hydro-spa tub, and a fully customized walk-in closet. Located within a 24-hour guard-gated community, residents enjoy resort-style amenities including an Olympic-sized heated pool, spa, toddler pool, outdoor barbecues, a grand fireplace lounge, and direct access to scenic Coastal Peak Park. Just moments from award-winning schools, upscale shopping, dining, and pristine beaches, this home offers the ultimate in privacy, luxury, and lifestyle.
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

$82,986

TurboHome Estimated Value

$5,640,700

$1,553 sqft

High Valuation
$5,922,735
$1631/sqft
Normal Valuation
$5,640,700
$1553/sqft
Low Valuation
$5,358,665
$1476/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1553/sqft$5,640,700

Neighborhood: Cypress (PRCP)

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Comparative Value

$5.55M

$5.75M

$6.83M

$7.10M

5 Hidden Pass, Newport Coast, CA 92657

Sale Price: $5,550,000

Selected Comparable

2 Meridian, Newport Coast, CA 92657

Sale Price: $5,600,000

Selected Comparable

21 Observatory, Newport Coast, CA 92657

List Price: $5,749,000

Subject Property

5 Wayside, Newport Coast, CA 92657

Sale Price: $5,775,000

Selected Comparable

16 Faenza, Newport Coast, CA 92657

Sale Price: $6,833,000

Selected Comparable

8 Night Sky, Newport Coast, CA 92657

Sale Price: $7,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
21 Observatory, Newport Coast, CA 92657

21 Observatory, Newport Coast, CA 92657

List: $5,749,000

Listed: 4/11/2025

Area:3,631 sqft
Price/sqft:$1,583
Beds:4
Baths:4
Year Built:
Lot Size:6,418

Comparable Properties

COMPARABLE
Choose comps
5 Wayside, Newport Coast, CA 92657

5 Wayside, Newport Coast, CA 92657

Sale: $5,775,000

3/11/20250.13 mi

Area:3,480 sqft
Price/sqft:$1,659
Beds:4
Baths:4
Year Built:
Weight:21.2%
2 Meridian, Newport Coast, CA 92657

2 Meridian, Newport Coast, CA 92657

Sale: $5,600,000

6/20/20250.09 mi

Area:3,000 sqft
Price/sqft:$1,867
Beds:4
Baths:4
Year Built:
Weight:20.5%
5 Hidden Pass, Newport Coast, CA 92657

5 Hidden Pass, Newport Coast, CA 92657

Sale: $5,550,000

7/14/20250.21 mi

Area:3,858 sqft
Price/sqft:$1,439
Beds:4
Baths:5
Year Built:
Weight:19.7%
8 Night Sky, Newport Coast, CA 92657

8 Night Sky, Newport Coast, CA 92657

Sale: $7,100,000

7/16/20250.29 mi

Area:3,912 sqft
Price/sqft:$1,815
Beds:4
Baths:5
Year Built:
Weight:19.3%
16 Faenza, Newport Coast, CA 92657

16 Faenza, Newport Coast, CA 92657

Sale: $6,833,000

9/3/20240.41 mi

Area:3,881 sqft
Price/sqft:$1,761
Beds:4
Baths:4
Year Built:
Weight:19.2%

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