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1961 Port Cardigan Place, Newport Beach, CA 92660

$8.9M3bd · 7ba · 3,311 sqft
Lot 8,362 sqft•HOA $135/mo•Single Family Residence•
Active
•179d on market•MLS# NP-26078106

Property Description

OPTIONAL 4TH AND 5TH EN-SUITE BEDROOM WITH THE ADDITION OF CLOSETS (LOCATED ON THE FIRST FLOOR)! ALL FURNITURE INCLUDED!! Positioned on the inner loop of the Port Streets in Newport Beach, 1961 Port Cardigan Place introduces a fully reimagined residence defined by elevated design, scale, and seamless indoor-outdoor living. Located near Anderson Elementary and situated on the same street as the school’s entrance, the home offers convenient access to the campus within one of the neighborhood’s most established settings. Reconstructed in 2025 and designed by Alicia Torosian Design, this residence was featured on the 2026 Corona del Mar Home Tour. Thoughtful design and high-quality craftsmanship are evident throughout, with custom finish carpentry, cabinetry, stonework, wallpaper, and integrated furnishings creating a cohesive and refined interior environment. French white oak extends across flooring, ceilings, doors, shutters, and into the finished garage, reinforcing a consistent architectural aesthetic. Designed for both everyday living and entertaining, the open-concept layout offers a natural flow between living spaces. Each bedroom is appointed with its own ensuite bathroom, providing comfort and functionality. The kitchen serves as a central gathering space, featuring Thermador appliances, an oversized skylight, and a custom backsplash, all opening to the main living areas. The outdoor setting is equally compelling, with a generously scaled backyard offering space for entertaining, recreation, or relaxation. Additional features include on-site RV parking, adding versatility to the property.

Features & Amenities

FeeBuilt 1970

Property Details

Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
Flooring
Stone, Tile, Wood
Roof
Shingle, Composition
City
Newport Beach
Zip Code
92660
County
Orange
Listed byLilyanna Joy Reed, Broker, Lilyanna Reed

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$45,003.24
Principal & Interest
Loan Amount
$7,120,000
Total Interest
$9,081,168
Total Payment Over 30 Years
$16,201,168
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

1961 Port Cardigan Place, Newport Beach, CA 92660

Newport Beach · Single Family Residence

$8.9M
Luxury Tier
Beds
3
Baths
7
Sqft
3,311
Lot
8,362 sqft
Year
1970
$/Sqft
$2688
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 139.2% above the median closed sale of $3,721,300. Price per sqft ($2,688) is a 106% premium to closed comps ($1,305). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $8.90M· $2,688/sqft
Total list price
Closed comps
vs closed median $3.72M
+$5.18M (+139.2%)
Active comps
vs active median $8.99M
−$95K (−1.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,870
−$182 (−6.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
928 Balboa BoulevardNewport Beach2016463,3414,233$4,488$14.99M4377
2207 Port HarwickNewport Beach1973453,6407,797$1,729$6.29M5576
1100 Polaris DriveNewport Beach1964343,3486,900$2,927$9.80M48672
1508 Balboa BoulevardNewport Beach2015463,3162,700$2,109$7.00M21171
1534 SantiagoNewport Beach1967342,90310,179$3,099$8.99M11471
Total: 5 · Average3.65.03,309.66,361.8$2,870.4$9.42M181.8
Median3,341$8.99M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1801 Beryl LaneNewport Beach202507/21/2026453,2288,846$4.95M$4.75M$1,4710.9618185
332 Holmwood DriveNewport Beach199407/20/2026333,5205,888$4.13M$3.72M$1,0570.907079
1615 Lincoln LaneNewport Beach202308/10/2026443,3808,580$7.00M$6.75M$1,9970.963474
2284 RedlandsNewport Beach196008/31/2026433,0707,638$2.90M$2.90M$9451.0011673
2127 Yacht JuliaNewport Beach197709/01/2026433,0499,200$3.20M$3.22M$1,0561.012573
Total: 5 · Average3.83.63,249.48,030.4$4.27M$4.27M$1,305.2—85.2
Median3,228$3.72M$3.72M

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.