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16 Lucerne, Newport Beach, CA 92660

$3.19M4bd · 4ba · 3,293 sqft
Lot 325,131 sqft•HOA $840/mo•Condominium•
Active
•103d on market•MLS# NP-26143621

Property Description

Perfect for families or retirees with grandchildren, this spacious, elegant home has it all: four bedrooms, 3.5 bathrooms, a three-car garage, a wide expansive driveway, an open, generous loft, an inviting landscaped courtyard, a roomy wrap-around deck and canyon and city light views! Experience resort-style luxury in this beautifully renovated home, perfectly located within a prestigious guard-gated community in Newport Beach. A spacious entry welcomes you to an open floor plan with soaring ceilings. Clear story windows and a skylight bring an abundance of natural light into the home. The main level features an in-suite bedroom, formal living and family rooms--both with elegant designer tile fireplaces--and a dining room. The gourmet kitchen has premium stainless-steel appliances and Quartz counters. Upstairs, the primary suite has vaulted ceilings, a fireplace and a spa-inspired marble bath with a free-standing tub and a generous walk-in closet. Two more spacious bedrooms joined by a Jack-and-Jill full bath and a large loft (perfect for a home gym, playroom, or art studio) complete the second floor. Additional highlights include newer wood and marble flooring, quartz counters in all bathrooms, a new central air unit and a three-car garage with epoxy flooring and a Tesla charger. Residents of Harbor Ridge enjoy four pools and spas, three tennis courts, 24-hour guard gate security with patrol.

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air, ENERGY STAR Qualified Equipment, Gas
View
City Lights, Hills, Mountain(s), Reservoir, Trees/Woods
Flooring
Stone, Wood
City
Newport Beach
Zip Code
92660
County
Orange
Listed byJudy Welk-Pedersen, Judy Welk-Pedersen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$16,155.66
Principal & Interest
Loan Amount
$2,556,000
Total Interest
$3,260,037
Total Payment Over 30 Years
$5,816,037
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

16 Lucerne, Newport Beach, CA 92660

Newport Beach · Condominium

$3.19M
Luxury Tier
Beds
4
Baths
4
Sqft
3,293
Lot
7.46 ac
Year
1978
$/Sqft
$970
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed in line with the median closed sale of $3,150,000. Expect a longer timeline — comps averaged 140 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $3.19M· $970/sqft
Total list price
Closed comps
vs closed median $3.15M
+$45K (+1.4%)
Active comps
vs active median $3.98M
−$780K (−19.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,229
−$259 (−21.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
39 Harbor RidgeNewport Beach1978543,8040$1,045$3.98M11491
1 Saint TropezNewport Beach1979432,945115,556$1,080$3.18M3878
53 Harbor Ridge DriveNewport Beach1979443,80481,420$1,550$5.90M2677
50 Ocean VistaNewport Beach1981343,1480$1,333$4.20M5870
18 HillsdaleNewport Beach1984443,47699,221$1,136$3.95M4364
Total: 5 · Average4.03.83,435.498,732.333$1,228.8$4.24M55.8
Median3,476$3.98M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45 Northampton CourtNewport Beach198106/29/2026343,2450$3.00M$2.86M$8810.9523095
7 CherbourgNewport Beach197908/14/2026443,7720$3.29M$3.15M$8350.961393
17 MonacoNewport Beach202209/21/2026333,5010$4.80M$4.60M$1,3140.9623587
31 Saint TropezNewport Beach197906/01/2026433,144179,963$3.50M$3.15M$1,0030.9011184
20 SalzburgNewport Beach197805/19/2026442,986134,622$2.50M$2.45M$8200.9811266
Total: 5 · Average3.63.63,329.6157,292.5$3.24M$3.24M$970.6—140.2
Median3,245$3.15M$3.15M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.