43 Gannet Lane, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$2,398,000
43 Gannet Lane, Newport Beach, California 92660
3Beds
3Baths
1,601Sqft
3,500Lot
Year Built
1986
Close
-
List price
$2.4M
Original List price
$2.5M
Price/Sqft
-
HOA
$295
Days on market
-
Sold On
-
MLS number
NP25190202
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Completely remodeled and turnkey, this 3 bedroom, 2.5 bathroom, 1,601 sq. ft. home is located in the private gated community of Bayview Terrace. Set within a very private compound, the residence showcases custom paint, molding, floorboards, triple-pane windows, wood shutters, LED lighting, porcelain tile flooring throughout, and a stunning Quartzite stone fireplace. The gourmet kitchen features premium finishes, stainless steel appliances, and excellent flow for entertaining. The primary suite includes new window shutters and LED lighting. The spa-inspired primary bath offers Quartzite counters, a full Quartzite slab shower with bench, Toto toilet, porcelain tile, built-in vanity with lighting, custom closet doors, and a cabinet above the vanity. The secondary bedrooms are equally impressive, with new windows, wood shutters, mirrored closet doors, and porcelain tile flooring. One features a chandelier and a custom closet drawer setup, while the other offers a bright, open feel with updated finishes. Additional highlights include hidden under-stair storage, internet readiness, newer water heater, custom landscaping, and unmatched curb appeal. Outdoor living is enhanced with porcelain hardscaping that matches the interior, an outdoor TV, and a private setting. The two-car garage is complete with epoxy floors, cabinets, and a new garage door opener. Community amenities include pool, spa, and tennis courts. Conveniently located near Fashion Island, world-class beaches, scenic trails, and top-rated schools.

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.9mi
8/10
Mariners Elementary School
Public,PK-62.5mi
7/10
Horace Ensign Intermediate School
Public,7-83.6mi
9/10
Corona Del Mar High School
Public,7-121.3mi
7/10
Newport Harbor High School
Public,9-123.2mi

Price History

Date
Event
Price
10/19/25
Price Change
$2,398,000-4.0%
08/22/25
Listing
$2,498,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds34
34%
Baths33
50%
Square foot1,6012,760
5%
Lot Size3,5007,670
11%
Price$2.4M$3.89M
17%
Price per square foot$1,498$1,393.5
58%
Built year19869855986
73%
HOA$295
0%
Days on market76154
16%
Condition Rating
Excellent

Despite being built in 1986, this property has undergone a 'completely remodeled and turnkey' renovation, bringing it to an excellent, virtually new condition. The kitchen features premium finishes, modern white shaker cabinets, Quartzite countertops, and contemporary stainless steel LG appliances. The primary bathroom is described as 'spa-inspired' with Quartzite counters and a full slab shower. Throughout the home, there's new porcelain tile flooring, LED lighting, triple-pane windows, and a modern Quartzite fireplace, indicating a very recent and high-quality overhaul with no deferred maintenance.
Pros & Cons

Pros

Extensive High-End Remodel: The property is completely remodeled and turnkey, featuring premium finishes such as triple-pane windows, porcelain tile flooring, a Quartzite stone fireplace, a gourmet kitchen with stainless steel appliances, and a spa-inspired primary bath, offering a luxurious, move-in ready experience.
Gated Community & Privacy: Located within the private gated community of Bayview Terrace and described as a very private compound, providing enhanced security, exclusivity, and a serene living environment.
Prime Newport Beach Location: Strategically situated near Fashion Island, world-class beaches, scenic trails, and top-rated schools, offering unparalleled convenience and access to desirable amenities in a highly sought-after area.
Community Amenities: Residents benefit from access to exclusive community amenities including a pool, spa, and tennis courts, enhancing the lifestyle appeal and recreational opportunities.
Exceptional Outdoor Living & Curb Appeal: Features custom landscaping, unmatched curb appeal, and an enhanced outdoor living space with matching porcelain hardscaping and an outdoor TV, creating an inviting and private exterior.

Cons

Smaller Square Footage for Price Point: At 1,601 sq. ft. for a 3-bedroom home, the interior living space may be considered compact for some buyers in the luxury Newport Beach market, potentially limiting appeal to those seeking larger residences.
No Mention of Cooling System: Despite extensive remodels, the property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant comfort drawback during warmer months in Southern California.
Potential Overpricing Relative to Market Estimation: The current list price of $2.398M is approximately 9.5% higher than the property's estimated value of $2.188M, suggesting it may be priced above current market valuations, which could affect buyer interest and negotiation.

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