3112 Corte Hermosa, Newport Beach, CA 92660
3112 Corte Hermosa, Newport Beach, CA 92660
Property Description
Rarely on the market, the highly sought-after Casa Medina floor plan offers a beautifully remodeled and meticulously maintained 3-bedroom home in the 24-hour guard-gated community of Newport Canyon. Soaring ceilings, rich hardwood floors, custom lighting, and elegant living and dining areas create a sophisticated yet welcoming atmosphere. In contrast, elegant and inviting fireplaces in both the living and family rooms add warmth and ambiance throughout the home. The stunning remodeled kitchen features custom cabinetry, Caesarstone countertops, and Viking appliances, with a convenient connection to the outdoor entertaining areas. The spacious primary suite offers a vaulted ceiling, a bay window, a luxurious, remodeled bath with a soaking tub, and a custom walk-in closet. Two additional bedrooms feature custom built-ins and thoughtfully organized closets. Outside, enjoy a private wraparound yard designed for resort-style, effortless indoor-outdoor living, with multiple entertaining areas and a built-in BBQ. An oversized 2-car garage with epoxy flooring and custom storage provides exceptional functionality. Ideally located within the community, the pool and spa are just steps away. Premier shopping and dining, world-class beaches and golf, John Wayne Airport, freeways, and toll roads are all conveniently nearby. Beautifully upgraded, exceptionally well located, and truly move-in ready, this rare Casa Medina opportunity is not to be missed.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Beach · Single Family Residence
Listed 29.2% below the median closed sale of $4,200,000. Price per sqft ($1,511) is a 22% discount to closed comps ($1,933). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1617 Balboa Boulevard | Newport Beach | 1929 | 4 | 3 | 2,078 | 3,080 | $2,575 | $5.35M | 88 | 73 |
| 412 Evening Star | Newport Beach | 1964 | 3 | 3 | 2,046 | 6,000 | $3,739 | $7.65M | 76 | 72 |
| 2712 Oceanfront | Newport Beach | 1988 | 3 | 3 | 1,976 | 1,875 | $3,644 | $7.20M | 229 | 71 |
| 1402 Sea Ridge Drive | Newport Beach | 1996 | 3 | 3 | 2,460 | 4,435 | $1,545 | $3.80M | 87 | 70 |
| 17 Spanish Bay | Newport Beach | 1999 | 3 | 4 | 2,739 | 3,626 | $1,605 | $4.39M | 130 | 68 |
| Total: 5 · Average | 3.2 | 3.2 | 2,259.8 | 3,803.2 | $2,621.6 | $5.68M | 122 | |||
| Median | 2,078 | $5.35M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Cormorant Circle | Newport Beach | 1986 | 09/11/2026 | 3 | 3 | 1,739 | 3,500 | $1.85M | $1.80M | $1,035 | 0.97 | 66 | 79 |
| 1730 Ocean Boulevard | Newport Beach | 1937 | 09/18/2026 | 3 | 3 | 2,100 | 2,625 | $4.59M | $4.20M | $2,000 | 0.91 | 133 | 72 |
| 3618 Park Lane | Newport Beach | 2017 | 09/18/2026 | 4 | 3 | 1,913 | 2,333 | $4.39M | $4.30M | $2,248 | 0.98 | 20 | 69 |
| 2012 Ocean Boulevard | Newport Beach | 1955 | 09/28/2026 | 4 | 3 | 1,643 | 2,625 | $3.75M | $3.65M | $2,222 | 0.97 | 30 | 67 |
| 222 Via Graziana | Newport Beach | 2006 | 10/10/2026 | 3 | 4 | 2,641 | 3,150 | $5.90M | $5.70M | $2,158 | 0.97 | 0 | 67 |
| Total: 5 · Average | 3.4 | 3.2 | 2,007.2 | 2,846.6 | $3.93M | $3.93M | $1,932.6 | — | 49.8 | ||||
| Median | 1,913 | $4.20M | $4.20M | ||||||||||
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.