
1517 Miramar Drive, Newport Beach, CA 92661
1517 Miramar Drive, Newport Beach, CA 92661
Property Description
Rich in authentic coastal character, this exceptional newly rebuilt four-bedroom, three-and-one-half-bath Peninsula Point residence offers a sophisticated interpretation of the classic Newport Beach cottage. Timeless architecture and beautifully considered interiors are elevated by bespoke craftsmanship, fine European fixtures and finishes, and a warm, layered palette of natural materials. Beyond its classic shingled façade and welcoming Dutch door, the interiors unfold with an understated sense of luxury. European oak floors flow throughout, complemented by extensive custom cabinetry and millwork and a curated collection of designer lighting. Generous windows and doors invite abundant natural light, while European limestone, handmade tile-work, honed marble, soapstone, and polished nickel fixtures lend depth, texture, and an artisanal quality to the home. A reclaimed brick fireplace, framed by custom cabinetry and built-in bookcases, gives the great room its distinctive sense of warmth and character. Expansive sliding doors open to the front terrace overlooking the park, where a fire pit creates an inviting outdoor gathering space and a natural extension of the interiors. At the heart of the home, the spacious kitchen is both beautifully appointed and highly functional, with custom cabinetry, a walk-in pantry, honed stone surfaces, an Italian-made ILVE range, and premier Sub-Zero, Wolf, and Cove appliances. A dedicated bar with beverage center complements the entertaining spaces, while the dining room is distinguished by a custom built-in hutch crafted as an integral part of the home’s millwork. The thoughtfully conceived four-bedroom plan includes a primary suite, junior primary suite, and two additional guest bedrooms. The primary offers a serene retreat with a spa-like bath featuring a steam shower, heated floors, European limestone, handcrafted tile, and polished nickel Waterworks fixtures. A second-floor deck provides another inviting outdoor setting for enjoying the coastal surroundings. A large two-car garage and full-size carport provide exceptional parking for the neighborhood, while a vintage-inspired outdoor beach shower awaits sandy feet after a day at the beach. Refined yet relaxed, 1517 Miramar captures the enduring appeal of Peninsula Point—the warmth and authenticity of a quintessential Newport Beach cottage, elevated by exceptional craftsmanship, sophisticated materials, and an effortless connection to its coastal setting.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Beach · Single Family Residence
Listed 31.6% above the median closed sale of $4,750,000. Price per sqft ($2,447) is a 15% premium to closed comps ($2,126). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 210 43rd Street | Newport Beach | 2012 | 4 | 5 | 2,363 | 2,431 | $1,904 | $4.50M | 12 | 82 |
| 209 Via Koron | Newport Beach | 1954 | 4 | 4 | 2,412 | 2,640 | $2,073 | $5.00M | 131 | 81 |
| 1105 Bay Front | Newport Beach | 2026 | 3 | 5 | 2,389 | 2,550 | $5,440 | $12.99M | 49 | 81 |
| 1617 Balboa Boulevard | Newport Beach | 1929 | 4 | 3 | 2,078 | 3,080 | $2,575 | $5.35M | 88 | 80 |
| 118 Sapphire | Newport Beach | 2009 | 3 | 4 | 2,321 | 2,550 | $2,755 | $6.39M | 33 | 80 |
| Total: 5 · Average | 3.6 | 4.2 | 2,312.6 | 2,650.2 | $2,949.4 | $6.85M | 62.6 | |||
| Median | 2,363 | $5.35M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 325 Grand Canal | Newport Beach | 1966 | 09/28/2026 | 4 | 4 | 2,542 | 2,614 | $4.29M | $4.40M | $1,731 | 1.02 | 76 | 83 |
| 225 Diamond | Newport Beach | 2026 | 09/29/2026 | 4 | 5 | 2,312 | 2,550 | $7.95M | $7.58M | $3,281 | 0.95 | 55 | 82 |
| 111 Via Koron | Newport Beach | 1965 | 09/29/2026 | 3 | 4 | 2,675 | 2,640 | $5.00M | $4.75M | $1,776 | 0.95 | 194 | 79 |
| 5512 Seashore | Newport Beach | 2016 | 09/15/2026 | 3 | 3 | 2,326 | 2,300 | $4.50M | $4.25M | $1,827 | 0.94 | 238 | 78 |
| 221 Abalone | Newport Beach | 1944 | 09/30/2026 | 4 | 5 | 2,972 | 2,400 | $6.00M | $6.00M | $2,017 | 1.00 | 20 | 77 |
| Total: 5 · Average | 3.6 | 4.2 | 2,565.4 | 2,500.8 | $5.40M | $5.40M | $2,126.4 | — | 116.6 | ||||
| Median | 2,542 | $4.75M | $4.75M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.