1950 Galaxy Drive, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$7,795,000
1950 Galaxy Drive, Newport Beach, California 92660
5Beds
6Baths
4,173Sqft
10,080Lot
Year Built
1973
Close
-
List price
$7.79M
Original List price
$7.79M
Price/Sqft
-
HOA
$85
Days on market
-
Sold On
-
MLS number
NP25182836
Home ConditionExcellent
Features
Excellent View: Bay, Back Bay, Bluff, City Lights, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Water
Pool
Spa
Patio
ViewBay,Back Bay,Bluff,City Lights,Hills,Mountain(s),Neighborhood,Ocean,Panoramic,Water

About this home

A refreshing and modern reimagination, complementing this well-scaled collection of sophisticated spaces. Set on a verdant bluff above the scenic Back Bay, this light and airy home has been beautifully appointed to delightfully articulate architectural detail and accommodating living areas. Enveloped by the tranquil estuary and captivating water, city lights, and mountain views, the property creates an exceptional opportunity to experience this idyllic and sought-after location. The configuration of the over 10,000-square-foot property, affording a fluid continuum from interior to exterior areas, is a harmonious environment to comfortably reside, entertain, work, and enjoy an atmosphere of relaxed elegance. The interior encompasses five bedrooms; five and one-half baths; a statement kitchen with a coffee bar and breakfast niche; formal living and dining rooms; a games/billiards room; a bar and lounge; a subterranean, temperature-controlled wine cave with capacity for 800+ bottles; and a fully finished garage/auto salon. The exterior surround is graciously connected through a series of new, collapsing and sliding walls of glass. The secluded interior courtyard with a sparkling salt-water pool and spa with a Baja shelf; and a panoramic view terrace with built-in kitchen and barbeque elements; along with fire feature/conversation seating, and both sunny and shaded space for repose and recreation – offer a multitude of independent areas to enjoy an outdoor lifestyle. Every detail was considered in refining the stylish domain – just a small selection of thoughtful finishes and amenities includes an abundance of rare natural stones and hardwoods as well as imported, resilient engineered materials; an impressive selection of artisan-crafted and designer furnishings including lighting, wall treatments, intricated finish applications, fixtures and fittings; a custom LAM Woodworks kitchen with appliances from Wolf, Sub-Zero, and Cove; radiant heated floors in all-ensuite baths with spa-like components; a an exquisite primary suite with private wardrobe and lavish bath; and myriad technological advancements for security, audio/visual, home automation, and efficiency. Resplendent with offerings, residents of this idyllic community enjoy the benefits of three private beaches, recreation, sports courts, and ideal proximity to regional resources.

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.7mi
/10
Woodland Elementary School
Public,PK-20.7mi
8/10
Heinz Kaiser Elementary School
Public,3-60.8mi
8/10
Mariners Elementary School
Public,PK-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-82.1mi
9/10
Corona Del Mar High School
Public,7-120.9mi
7/10
Newport Harbor High School
Public,9-121.7mi

Price History

Date
Event
Price
09/02/25
Listing
$7,795,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds54
73%
Baths64
88%
Square foot4,1732,840
78%
Lot Size10,0807,700
80%
Price$7.79M$3.9M
87%
Price per square foot$1,868$1,393.5
80%
Built year19739855986
59%
HOA$85
0%
Days on market63154
13%
Condition Rating
Excellent

Despite being built in 1973, the property has undergone a 'refreshing and modern reimagination' with extensive, high-end renovations. The description highlights a custom LAM Woodworks kitchen with Wolf, Sub-Zero, and Cove appliances, radiant heated floors in all en-suite baths with spa-like components, and myriad technological advancements. The images confirm a contemporary, luxurious aesthetic with new-looking finishes, modern light fixtures, marble-look flooring, and custom built-ins throughout, indicating all components are virtually new and meet current quality standards.
Pros & Cons

Pros

Panoramic Views & Prime Location: Perched on a verdant bluff above the scenic Back Bay, the property offers captivating panoramic water, city lights, and mountain views from a highly sought-after Newport Beach location in Dover Shores.
Luxurious Modern Renovation & High-End Finishes: The home has undergone a refreshing and modern reimagination, featuring an abundance of rare natural stones, hardwoods, imported materials, custom LAM Woodworks kitchen with Wolf, Sub-Zero, and Cove appliances, radiant heated floors, and advanced technological integrations.
Exceptional Indoor-Outdoor Living & Entertainment: Designed for seamless indoor-outdoor flow with new collapsing and sliding walls of glass, the property boasts a secluded interior courtyard with a salt-water pool and spa, and a panoramic view terrace with a built-in kitchen, BBQ, and fire features.
Unique Luxury Amenities: The residence includes distinctive luxury features such as a subterranean, temperature-controlled wine cave with 800+ bottle capacity, a fully finished garage/auto salon, a games/billiards room, and a bar and lounge area.
Desirable Community & Top-Rated Schools: Located in the idyllic Dover Shores community, residents benefit from access to three private beaches, recreation, sports courts, and proximity to several highly-rated public schools.

Cons

Age of Original Construction: Despite extensive modern reimagination, the property's original construction year of 1973 means the underlying structure is over 50 years old, which some buyers might view as a potential concern for long-term maintenance or unseen issues.
Limited Buyer Pool: The high list price of $7.795 million positions this property in an exclusive market segment, potentially limiting the number of prospective buyers and extending the time on market.
High Ongoing Maintenance & Operating Costs: The extensive luxury features, including a large lot, pool, spa, high-end appliances, and advanced home automation systems, will likely incur substantial ongoing maintenance, utility, and insurance expenses for the homeowner.

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