3 Del Mar, Newport Coast, California 92657, Newport Coast, - bed, bath

home-pic
ACTIVE$49,995,000
3 Del Mar, Newport Coast, California 92657
7Beds
11Baths
11,765Sqft
20,975Lot
Year Built
2023
Close
-
List price
$49.99M
Original List price
$53.9M
Price/Sqft
-
HOA
$1,285
Days on market
-
Sold On
-
MLS number
NP23139104
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Canyon, Golf Course, Harbor, Ocean, Panoramic, Water
Deck
Pool
Spa
Patio
ViewCatalina,City Lights,Canyon,Golf Course,Harbor,Ocean,Panoramic,Water

About this home

Crowning a coastal hill at the end of a private cul-de-sac behind double gates of the exclusive Estate Collection at Crystal Cove, this brand-new (2023) custom home is located on one of the most coveted streets in all of Newport Coast. Recalling the timeless prestige of a classic northern Italian villa, the grand residence is carefully positioned to capture breathtaking views. Impressive indoor and outdoor living areas frame panoramic vistas of the Pacific Ocean, Pelican Hill Golf Course, Newport Beach's harbor and channel, a verdant canyon, and romantic sunsets. First impressions are incomparable, with an oversized gated entry courtyard overlooking a lower-level courtyard and providing a private space for outdoor socializing, welcoming guests, and relaxing as the sea air refreshes. Served by a commercial-grade Garaventa Lift and highlighted by a stunning iron spiral staircase, the three-level residence embraces appx. 4,090 SF of balconies, decks, and courtyards, and appx. 11,765 SF of interiors which host seven en suite bedrooms and eight full and three-half baths. Enrichments include generously proportioned formal living and dining rooms, an office, wine cellar, 15-seat home theater, gym, maid's suite, guest house with private entrance, a secondary primary suite on the main level, and a subterranean garage spanning appx. 4,763 SF that can fit up to 15 cars. Calacatta marble flooring continues from living areas to a chef-inspired kitchen with top-of-the-line appliances, an oversized island, calacatta marble countertops, loggia, butler's pantry, and breakfast room. The primary suite opens to a covered ocean-view loggia and reveals an enormous walk-in closet, stone fireplace, espresso bar, and a luxurious five-star bath. Cantera limestone imported from Spain embellishes the exterior, while the interior offers Venetian plaster, Albertini windows and doors, book-matched Carrara marble, glass pocket doors to the outdoors, and custom alder cabinetry. Sparkling lights shine after dusk and lend enchantment to a massive vanishing-edge pool with glass tile, a fireplace-warmed cabana, loggias, large patios, and a built-in outdoor kitchen with a BBQ.

Nearby schools

9/10
Newport Coast Elementary School
Public,PK-61.7mi
9/10
El Morro Elementary School
Public,K-52.1mi
9/10
Harbor View Elementary School
Public,PK-62.6mi
9/10
Thurston Middle School
Public,6-84.5mi
9/10
Laguna Beach High School
Public,9-124.2mi
9/10
Corona Del Mar High School
Public,7-124.5mi

Price History

Date
Event
Price
08/28/25
Price Change
$49,995,000
08/31/23
Listing
$53,895,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (35 Listings)
Beds74
94%
Baths114.5
92%
Square foot11,7653,787
94%
Lot Size20,9758,638
86%
Price$49.99M$6.15M
97%
Price per square foot$4,249$1,651.5
97%
Built year202310001001
97%
HOA$1,285$538
97%
Days on market797183
97%
Condition Rating
Excellent

This property is a brand-new custom home, built in 2023. The description highlights 'top-of-the-line appliances,' 'Calacatta marble flooring,' 'luxurious five-star bath,' and premium materials like 'Cantera limestone,' 'Venetian plaster,' and 'Albertini windows and doors.' The images confirm a pristine, modern, and high-end aesthetic throughout, including the kitchen and bathrooms. All components are new, meeting the highest current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Unrivaled Location & Privacy: Situated on a private cul-de-sac within the double-gated Crystal Cove Estate Collection, offering supreme exclusivity and security.
Breathtaking Panoramic Views: Commands expansive panoramic vistas including the Pacific Ocean, Pelican Hill Golf Course, Newport Beach harbor, and stunning sunsets.
New Custom Construction & Exquisite Craftsmanship: A brand-new (2023) custom-built Italian villa featuring imported materials like Cantera limestone and Calacatta/Carrara marble, Albertini windows, and Venetian plaster.
World-Class Amenities & Features: Boasts a commercial-grade elevator, 15-seat home theater, gym, wine cellar, separate guest house, maid's suite, and a 15-car subterranean garage.
Grand Scale & Luxurious Outdoor Living: Spans nearly 11,800 sqft of interior space with 7 en-suite bedrooms, complemented by over 4,000 sqft of outdoor living areas, including a vanishing-edge pool, cabana, and outdoor kitchen.

Cons

Extremely Niche Market: The ultra-luxury price point (nearly $50M) significantly narrows the potential buyer pool, leading to longer market times.
Prolonged Market Time & Price Adjustment: Having been on the market since August 2023 with a recent price reduction, it indicates challenges in valuation or buyer interest at its initial offering.
Substantial Ongoing Costs: The immense size and extensive features of the property will necessitate significant ongoing expenses for maintenance, utilities, and potential staffing, beyond the stated association fees.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State