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3 Observatory, Newport Coast, CA 92657

List Price: $6,499,800On Market FlagOn market
Mar 21, 20254,117 sqft4 beds5 baths
Listed by: Jennifer Jing
License #: 01977141
Phone #: 949-522-6000
IRN Realty
Source:
CRMLS Logo
MLS #: OC25062621

Property Description

A one-of-a-kind property in Newport Coast! No fire lane in front of this home. The first floor is approximately 2400 square feet. Positioned on a large lot on Observatory, this is an exceptional home located in the exclusive guard-gated community of Pacific Ridge, 3 Observatory is posited to impress at every turn. This stunning residence, highly upgraded throughout, has smart home features, additional celling mounted speakers, recessed lights through the home and an impeccable grand foyer and formal living room with soaring ceilings and numerous sets of French doors provide for seamless indoor/ outdoor living. The backyard offers privacy, tranquility, and an extensive authentic flagstone patio is a dream come true for entertaining. Main level highlights include: beautiful engineered hardwood flooring, an elegant dining room, a private library/ home gym, a 3-car garage, a gourmet kitchen with a huge center island, a built-in coffee maker, abundant cabinetry, a custom built-in cabinets hutch with pull out drawers in the hallway, a Sub-Zero under counter wine storage unit, upgraded Wolf gas range with oven. Three additional bedrooms are upstairs including the master suite which has a vaulted ceiling, Dural closets and a gorgeous limestone façade bath. The upstairs loft can easily be converted into a 5th bedroom if needed. Renown Crystal Cove state park for hiking and biking trails. Shopping at the Fashion Island, and more are all at your fingertips!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$78,000

TurboHome Estimated Value

$5,849,900

$1,421 sqft

High Valuation
$6,142,395
$1492/sqft
Normal Valuation
$5,849,900
$1421/sqft
Low Valuation
$5,557,405
$1350/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1421/sqft$5,849,900

Neighborhood: Cypress (PRCP)

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Comparative Value

$5.33M

$5.55M

$6.50M

$6.68M

$7.10M

6 Pacific Winds, Newport Coast, CA 92657

Sale Price: $5,330,000

Selected Comparable

5 Hidden Pass, Newport Coast, CA 92657

Sale Price: $5,550,000

Selected Comparable

3 Observatory, Newport Coast, CA 92657

List Price: $6,499,800

Subject Property

11 Highpoint, Newport Coast, CA 92657

Sale Price: $6,680,000

Selected Comparable

17 Canyon Peak, Newport Coast, CA 92657

Sale Price: $6,700,000

Selected Comparable

8 Night Sky, Newport Coast, CA 92657

Sale Price: $7,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3 Observatory, Newport Coast, CA 92657

3 Observatory, Newport Coast, CA 92657

List: $6,499,800

Listed: 3/21/2025

Area:4,117 sqft
Price/sqft:$1,579
Beds:4
Baths:5
Year Built:
Lot Size:8,193

Comparable Properties

COMPARABLE
Choose comps
5 Hidden Pass, Newport Coast, CA 92657

5 Hidden Pass, Newport Coast, CA 92657

Sale: $5,550,000

7/14/20250.28 mi

Area:3,858 sqft
Price/sqft:$1,439
Beds:4
Baths:5
Year Built:
Weight:21.8%
8 Night Sky, Newport Coast, CA 92657

8 Night Sky, Newport Coast, CA 92657

Sale: $7,100,000

7/16/20250.34 mi

Area:3,912 sqft
Price/sqft:$1,815
Beds:4
Baths:5
Year Built:
Weight:21.8%
17 Canyon Peak, Newport Coast, CA 92657

17 Canyon Peak, Newport Coast, CA 92657

Sale: $6,700,000

11/8/20240.31 mi

Area:4,117 sqft
Price/sqft:$1,627
Beds:4
Baths:5
Year Built:
Weight:20.6%
6 Pacific Winds, Newport Coast, CA 92657

6 Pacific Winds, Newport Coast, CA 92657

Sale: $5,330,000

11/13/20240.11 mi

Area:3,334 sqft
Price/sqft:$1,599
Beds:4
Baths:5
Year Built:
Weight:18.3%
11 Highpoint, Newport Coast, CA 92657

11 Highpoint, Newport Coast, CA 92657

Sale: $6,680,000

3/21/20250.16 mi

Area:4,331 sqft
Price/sqft:$1,542
Beds:5
Baths:5
Year Built:
Weight:17.4%

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