5 Ridgeline Dr, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$16,000,000
5 Ridgeline Dr, Newport Beach, California 92660
6Beds
8Baths
13,000Sqft
18,000Lot
Year Built
1989
Close
-
List price
$16M
Original List price
$16M
Price/Sqft
-
HOA
$420
Days on market
-
Sold On
-
MLS number
OC25077298
Home ConditionFair
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Panoramic, Pond, Water
Pool
Spa
Patio
ViewCity Lights,Coastline,Mountain(s),Ocean,Panoramic,Pond,Water

About this home

Breath taking views!! Panoramic Coastline, Ocean , Canyon, Catalina, City ,Harbor,Marina and Mountain Views… 5 Ridgeline is located in Newport Greatest community “Harbor Ridge”, with 24-hour security guard.tennis courts (across the street), swimming pool... Notable celebrities, successful entrepreneurs, professionals and professional athletes live in this community ... Stepping into this mansion, it feels like entering a unique aristocratic world. The Elegant European Louvre architectural style ,3 stories,6 Beds,8 Baths,16 Parking.Living:13,000 Sqft Lot:18,000 Sqft, The master bedroom is decorated like a presidential suite in a five-star hotel, oversized walk cloakroom,satisfying all your fantasies about storage and fashion.Solar power system, Advanced water heating equipment… The main floor has Dick style bar area, The French-style piano room is full of artistic atmosphere. Palatial kitchen handcrafted in marble.Dining room,( gourmet kitchen with Viking gas range, double oven, dual dishwashers, granite, enormous island and Sub Zero refrigerator and freezer. In addition, a fully equipped butler's pantry with separate high-end refrigeration, wine storage and sink. the built in bar also provides access to the large wine cellar).Family Room,Entertainment room, office, bedroom and Elevator( All stories are accessible by elevator)....There are three master bedrooms on the second floor…Basement garage that can accommodate 16 cars, Gym ,steam shower, powder room and a pirate ship-style underground treasure room…(The house also has an extensive solar system with 6 Tesla power cell back up batteries and a Tesla charging station.) Backyard has Private pool and hot spring with hot water system ,Fire pit table ,BBQ bar, Koi fish pond…where you can enjoy the sun and leisure time, and it is also a great choice to hold a romantic pool party !! ( The water system creates alkaline water that has been cleaned through reverse osmosis filtration.Deep koi pond with waterfall. The seating area is replete with integrated heat, sound system and custom 6' granite gas fired fire table.) Imagine waking up in the magnificent panoramic view every morning, enjoying a relaxing time by the private pool at night, or playing a song in the piano room full of art… If you are looking for an ideal residence that reflects your identity and taste, then this luxury house is definitely the best choice. Whether it is for self-use or investment, it has unlimited potential…

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (116 Listings)
Beds64
96%
Baths84
99%
Square foot13,0002,898
99%
Lot Size18,0007,700
95%
Price$16M$3.9M
97%
Price per square foot$1,231$1,373
33%
Built year19891971
74%
HOA$420
0%
Days on market197156
67%
Condition Rating
Fair

The property was built in 1989. The kitchen features Viking appliances and granite countertops, and the bathrooms appear well-maintained. However, the overall style and some of the finishes suggest that while the property has been maintained, it has not undergone a complete recent renovation. The European Louvre architectural style is aged. Therefore, a 'Fair' rating is appropriate.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic views of the coastline, ocean, canyon, Catalina Island, city, harbor, marina, and mountains, significantly enhancing its desirability and market value.
Luxury Amenities: Features a private pool, hot spring, fire pit table, BBQ bar, koi pond, wine cellar, gym, steam shower, and a pirate ship-style underground treasure room, providing unparalleled luxury and entertainment options.
Extensive Parking: The basement garage accommodates 16 cars, a rare and valuable feature for luxury properties, offering ample space for car collectors or large families.
Smart Home Features: Equipped with a solar power system, Tesla power cell backup batteries, and a Tesla charging station, offering energy efficiency and modern convenience.
Prestigious Community: Located in the exclusive Harbor Ridge community with 24-hour security, tennis courts, and a swimming pool, attracting high-profile residents and ensuring a secure and upscale living environment.

Cons

High Association Fee: The monthly association fee of $420 could be a deterrent for some buyers, adding to the overall cost of ownership.
Year Built: Built in 1989, the property might require updates to meet modern standards and preferences, potentially incurring additional renovation costs.
Specific Architectural Style: The Elegant European Louvre architectural style might not appeal to all buyers, potentially limiting the pool of interested parties.

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