1700 Port Margate Pl, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$6,995,000
1700 Port Margate Pl, Newport Beach, California 92660
5Beds
4Baths
5,200Sqft
10,660Lot
Year Built
1968
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
-
HOA
$850
Days on market
-
Sold On
-
MLS number
OC25226770
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Prestigious Port Streets Living in Harbor View Homes Nestled within the highly sought-after Port Streets – Harbor View Homes community, this stunning 5-bedroom, 3.5-bathroom residence offers an exceptional blend of elegance, comfort, and privacy. With 5,272 square feet of beautifully maintained living space on a generous 10,660-square-foot lot, this home embodies the best of Newport Beach living. A long, private driveway welcomes you to the property, providing both seclusion and a sense of arrival. The three-car garage offers ample parking and storage, while lush, mature landscaping surrounds the home, enhancing its tranquil atmosphere. Inside, large picture windows bathe every room in natural light, creating a bright and airy ambiance throughout. The thoughtfully designed floor plan provides a seamless flow between the spacious living areas, ideal for both everyday living and elegant entertaining. The primary suite serves as a serene retreat, complemented by a warm fireplace and reading nook or office space and an additional generously sized bedrooms and well-appointed bathrooms. This home has been lovingly maintained, reflecting pride of ownership at every turn and features an elevated status with its impressive 4 fireplaces throughout the home. Whether you’re relaxing in the sunlit family room, hosting gatherings in the expansive backyard, or enjoying the peaceful privacy this property affords, you’ll find comfort and quality in every detail. Situated just minutes away from Fashion Island’s upscale shopping and dining, residents also enjoy access to an award-winning, Blue Ribbon school, within walking distance. The Port Streets offer a vibrant, family-friendly atmosphere complete with neighborhood parks, pools, and greenbelts—making it one of Newport Beach’s most coveted enclaves. Experience refined coastal living in this rare Harbor View Homes offering—where timeless design, privacy, and premier location come together in perfect harmony.

Nearby schools

9/10
Roy O. Andersen Elementary School
Public,K-60.4mi
7/10
Abraham Lincoln Elementary School
Public,K-61.1mi
9/10
Corona Del Mar High School
Public,7-121.1mi

Price History

Date
Event
Price
10/25/25
Listing
$6,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds54
73%
Baths44
50%
Square foot5,2002,840
91%
Lot Size10,6607,700
82%
Price$7M$3.9M
82%
Price per square foot$1,345$1,382
47%
Built year19689855986
40%
HOA$850
1%
Days on market11155
1%
Condition Rating
Poor

Built in 1968, this property is over 50 years old. While the description states it's 'lovingly maintained,' the images reveal a home that is significantly dated and requires substantial rehabilitation. The kitchen features older wood cabinetry, dated terracotta-style flooring, and a mix of appliances (a newer commercial-style range but older built-in oven/microwave), indicating it has not undergone a recent extensive renovation. The carpets throughout the home appear worn and dated, and many light fixtures are from an older era. The wood-paneled room with a prominent, dated bar further emphasizes the need for modernization. There are no bathroom images, but given the rest of the interior, they are likely also outdated. While the property appears structurally sound and not a 'tear-down,' the aesthetic and functional obsolescence of key areas like the kitchen, flooring, and general finishes necessitate a major investment to meet current quality standards, aligning with the 'poor' condition criteria for properties built over 30 years ago with renovations (if any) dating back 30-50 years.
Pros & Cons

Pros

Premier Location & Community: Nestled in the highly sought-after 'Port Streets' of Harbor View Homes, this property benefits from a prestigious, family-friendly community with access to award-winning schools (within walking distance) and proximity to Fashion Island's upscale amenities.
Spacious & Well-Maintained Living: Boasting 5,272 square feet of beautifully maintained living space on a generous 10,660-square-foot lot, the home reflects pride of ownership and offers ample room for comfortable living and entertaining.
Exceptional Privacy & Curb Appeal: A long, private driveway, lush mature landscaping, and a three-car garage contribute to the property's seclusion, curb appeal, and practical convenience.
Thoughtful Design & Natural Light: The thoughtfully designed floor plan ensures a seamless flow between spacious living areas, complemented by large picture windows that bathe every room in abundant natural light.
Luxury Features & Comfort: The residence features an impressive four fireplaces, including one in the serene primary suite with a reading nook, enhancing its elegance and providing a warm, inviting atmosphere.

Cons

Potential for System Updates: Built in 1968, while lovingly maintained, the property's age may imply original or older core systems (e.g., plumbing, electrical, HVAC) that could require future upgrades or may not meet current energy efficiency standards.
Significant Association Fees: The property is subject to a substantial monthly association fee of $850, which adds a considerable ongoing cost to homeownership.
Limited View & Pricing Discrepancy: The property offers only a 'Neighborhood' view, which may not align with expectations for a premium Newport Beach property, especially considering the current list price of $6.995 million is notably higher than the estimated property value.

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