1950 Galaxy Drive, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 6 bath

1950 Galaxy Drive, Newport Beach, California 92660 home-pic-0
ACTIVE$7,795,000
1950 Galaxy Drive, Newport Beach, California 92660
5Beds
6Baths
4,173Sqft
10,080Lot

Price Vs. Estimate

The estimated value ($7,606,622.87) is $188,377.13 (2%) lower than the list price ($7,795,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Original Construction Age (1973): Despite extensive modernizations, the property's original build year of 1973 could imply that some core structural or utility systems not explicitly mentioned as updated might require future attention or maintenance compared to newer constructions.

Compared to the nearby listings

Price:$7.79M vs avg $3.85M (+$3,947,000)89%
Size:4,173 sqft vs avg 2,673.5 sqft77%
Price/sqft:$1.9K vs avg $1.4K83%

More Insights

Built in 1973 (52 years old).
Condition: Despite being built in 1973, this property has undergone a complete and recent 'modern reimagination' and extensive, high-end renovation. The description explicitly details a custom LAM Woodworks kitchen with luxury Wolf, Sub-Zero, and Cove appliances, and all en-suite bathrooms feature radiant heated floors and spa-like components. The images showcase a pristine, contemporary aesthetic throughout, with new marble-look flooring, designer light fixtures, and high-quality finishes, indicating virtually new components and no deferred maintenance. The property meets current quality standards with no immediate renovation required.
Year Built
1973
Close
-
List price
$7.79M
Original List price
$7.79M
Price/Sqft
$1,868
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
Condition Rating
Excellent

Despite being built in 1973, this property has undergone a complete and recent 'modern reimagination' and extensive, high-end renovation. The description explicitly details a custom LAM Woodworks kitchen with luxury Wolf, Sub-Zero, and Cove appliances, and all en-suite bathrooms feature radiant heated floors and spa-like components. The images showcase a pristine, contemporary aesthetic throughout, with new marble-look flooring, designer light fixtures, and high-quality finishes, indicating virtually new components and no deferred maintenance. The property meets current quality standards with no immediate renovation required.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Panoramic Views & Prime Location: Situated on a verdant bluff above the scenic Back Bay in Dover Shores, the property offers captivating panoramic water, city lights, and mountain views, enhancing its desirability and value in a highly sought-after Newport Beach location.
Extensive Modern Reimagination & High-End Finishes: The home has undergone a refreshing and modern reimagination, featuring an abundance of rare natural stones, hardwoods, imported resilient engineered materials, artisan-crafted furnishings, and intricate finish applications throughout.
Luxurious Amenities & Smart Home Technology: Boasting a custom LAM Woodworks kitchen with Wolf, Sub-Zero, and Cove appliances, a temperature-controlled 800+ bottle wine cave, games/billiards room, bar and lounge, radiant heated floors in all en-suite baths, and advanced home automation, security, and audio/visual systems.
Exceptional Indoor-Outdoor Living: Designed for a fluid continuum between interior and exterior, featuring new collapsing and sliding walls of glass, a secluded saltwater pool and spa with Baja shelf, and a panoramic view terrace with a built-in kitchen, BBQ, fire feature, and ample seating.
Exclusive Community Benefits: Residents of the Dover Shores community enjoy access to three private beaches, recreation facilities, and sports courts, adding significant lifestyle value and exclusivity to the property.

Cons

Original Construction Age (1973): Despite extensive modernizations, the property's original build year of 1973 could imply that some core structural or utility systems not explicitly mentioned as updated might require future attention or maintenance compared to newer constructions.
Absence of Explicit Cooling System: While radiant heated floors are highlighted, the description does not explicitly mention a central air conditioning system, which could be a significant comfort consideration for a luxury home in Southern California during warmer periods.
Potential for High Maintenance Costs: The extensive use of rare natural materials, artisan-crafted elements, and myriad technological advancements suggests that ongoing maintenance, specialized repairs, and potential replacements for these high-end features could be complex and costly.

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