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2975 CATALPA STREET, Newport Beach, CA 92660

$9.99M5bd · 5ba · 4,554 sqft
Lot 15,960 sqft•HOA $1364.28/mo•Single Family Residence•
Active
•5d on market•MLS# LG-26202015

Property Description

EASTBLUFF | NEWPORT BEACH — Built from the ground up in 2015 and positioned on arguably one of the finest view lots in all of Eastbluff, 2975 Catalpa offers sweeping water and sunset views across the Upper Newport Bay Ecological Reserve. Encompassing approximately 4,554 square feet of living space on an expansive 15,960-square-foot flat lot, this exceptional residence was thoughtfully designed to showcase its remarkable setting and embrace seamless indoor-outdoor living. The open-concept interior features five bedrooms, each appointed with an en suite bathroom and walk-in closet, including primary suites on both the main and upper levels. A powder room and indoor laundry room provide additional convenience. At the heart of the home, the chef’s kitchen is centered around an oversized island with bar seating and complemented by a generous walk-in pantry. The kitchen opens effortlessly to the dining and living areas, while floor-to-ceiling glass doors retract into the walls to create a fluid connection to the outdoors. A separate family room with an adjoining office provides additional space for relaxation, work, or study. The resort-inspired grounds are designed for year-round entertaining and enjoyment. A covered outdoor loggia offers an alfresco dining area and built-in barbecue with refrigerator, while an infinity-edge saltwater pool—with an integrated spa—appears to merge with the natural beauty of the Back Bay beyond. A fire pit with a dedicated seating area and ample outdoor lounging spaces complete this private retreat. Upstairs, the primary suite captures breathtaking water and sunset views through dramatic floor-to-ceiling glass. The suite opens to an expansive private deck and features an oversized walk-in shower with water views, dual vanities, a spacious walk-in closet, a separate private office, and an additional secluded exterior deck. Two separate two-car garages provide parking for four vehicles, with additional off-street parking available. Set against one of Newport Beach’s most treasured natural landscapes, 2975 Catalpa presents a rare opportunity to experience inspired architecture, extraordinary views, and sophisticated coastal living in the heart of Eastbluff.

Features & Amenities

FeeBuilt 2015

Property Details

Land Type
Fee
Year Built
2015
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
4
Heating
Central, Forced Air
Cooling
Central Air
View
Back Bay, City Lights, Hills, Panoramic, Park/Greenbelt, Water
Flooring
Wood
Roof
Fire Retardant
City
Newport Beach
Zip Code
92660
County
Orange
Listed byUnknown Office, Harold Noriega

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$50,540.16
Principal & Interest
Loan Amount
$7,996,000
Total Interest
$10,198,457
Total Payment Over 30 Years
$18,194,457
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

2975 CATALPA STREET, Newport Beach, CA 92660

Newport Beach · Single Family Residence

$9.99M
Luxury Tier
Beds
5
Baths
5
Sqft
4,554
Lot
15,960 sqft
Year
2015
$/Sqft
$2195
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 4-car✓

Listed 35.1% above the median closed sale of $7,400,000. Price per sqft ($2,195) is a 39% premium to closed comps ($1,581). Closed comps sold at 90% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $9.99M· $2,195/sqft
Total list price
Closed comps
vs closed median $7.40M
+$2.60M (+35.1%)
Active comps
vs active median $6.70M
+$3.30M (+49.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,706
+$489 (+28.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
660 Kings RoadNewport Beach2017574,8618,100$2,057$10.00M20772
2209 Cliff DriveNewport Beach1971464,5097,405$832$3.75M8568
1312 Dover DriveNewport Beach2025555,2069,047$1,286$6.70M9564
47 Linda IsleNewport Beach1969574,3445,400$2,991$12.99M18764
2398 Redlands DriveNewport Beach2024564,2888,200$1,364$5.85M19361
Total: 5 · Average4.86.24,641.67,630.4$1,706$7.86M153.4
Median4,509$6.70M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24 NarbonneNewport Beach198007/29/2026454,62713,068$4.58M$4.45M$9620.9720077
218 Evening StarNewport Beach196410/02/2026544,5006,000$9.90M$8.50M$1,8890.869969
701 Bayside DriveNewport Beach200708/17/2026564,4105,300$10.88M$8.90M$2,0180.825969
701 Kings RoadNewport Beach195607/31/2026334,26410,220$8.00M$7.40M$1,7350.9310068
11 HillsboroughNewport Beach198007/17/2026443,8397,440$5.30M$5.00M$1,3020.945565
Total: 5 · Average4.24.44,3288,405.6$6.85M$6.85M$1,581.2—102.6
Median4,410$7.40M$7.40M

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.