508 Evening Star Lane, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
CLOSED$5,000,000
508 Evening Star Lane, Newport Beach, California 92660
7Beds
7Baths
4,827Sqft
7,200Lot
Year Built
1966
Close
$5M
List price
$6.5M
Original List price
$8M
Price/Sqft
-
HOA
$1,287
Days on market
148 Days
Sold On
2025-11-03
MLS number
PW25128465
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood

About this home

Timeless Mid-Century Estate in Dover Shores, Welcome to 508 Evening Star—an extraordinary opportunity to own a true original in the prestigious Dover Shores neighborhood of Newport Beach. Built in 1966 and lovingly maintained, this 7-bedroom, 6.5-bathroom home spans nearly 5,000 square feet and offers a rare blend of size, craftsmanship, and character that is nearly impossible to replicate today. Situated on a quiet, tree-lined street, the home showcases exceptional original details throughout—including handcrafted paint brush spray finishes, crown molding with wood inlays, and rich parquet flooring. Constructed with extensive use of premium redwood, the home exudes warmth and timeless quality. The formal entry is anchored by a beautifully preserved original iron staircase with striking brass railings, setting the tone for the home’s distinctive design. Generous living and dining areas offer ideal spaces for entertaining with multiple fireplaces in the living, family and primary rooms- adding charm and inviting ambiance throughout the home. The kitchen and multiple flexible-use rooms provide endless potential for modern updates or preservation. The primary suite serves as a luxurious retreat with a spa-like bath and a peaceful ambiance ideal for unwinding. A separate powder room with closet space enhances privacy, functionality and flow. This thoughtful layout adds convenience for daily routines while offering a touch of refined luxury that elevates the entire suite. Step outside to a serene backyard oasis featuring a 25,000-gallon pool framed by blossoming pear trees and mature landscaping—perfect for relaxing, entertaining, or family gatherings. As part of the Dover Shores community, residents enjoy access to two private beaches, enhancing the idyllic coastal lifestyle. Located just minutes from top-rated schools, the scenic Back Bay, and world-class shopping and dining at Westcliff and Fashion Island, 508 Evening Star is more than a home—it’s a legacy property ready for its next chapter.

Nearby schools

8/10
Mariners Elementary School
Public,PK-60.7mi
/10
Woodland Elementary School
Public,PK-21.2mi
8/10
Heinz Kaiser Elementary School
Public,3-61.5mi
9/10
Eastbluff Elementary School
Public,K-61.6mi
7/10
Horace Ensign Intermediate School
Public,7-81.2mi
7/10
Newport Harbor High School
Public,9-121.0mi
9/10
Corona Del Mar High School
Public,7-121.4mi

Price History

Date
Event
Price
10/07/25
Price Change
$6,495,000-7.1%
08/13/25
Price Change
$6,995,000
06/08/25
Listing
$8,000,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (116 Listings)
Beds74
97%
Baths74
97%
Square foot4,8272,898
90%
Lot Size7,2007,670
39%
Price$5M$3.9M
69%
Price per square foot$1,036$1,373
15%
Built year19661971
30%
HOA$1,287
1%
Days on market150154
49%
Condition Rating
Fair

The property was built in 1966, making it over 50 years old. While the description states it's 'lovingly maintained' with 'exceptional original details,' and the overall condition appears good, the kitchen and bathrooms are notably outdated. The kitchen features older appliances and cabinetry, and the bathrooms, while clean, show styles and fixtures from an earlier era, not recent renovations. The description itself mentions 'endless potential for modern updates or preservation' for the kitchen, confirming it's not updated. The parquet flooring and wood paneling, while well-preserved, are characteristic of its original mid-century build and not a modern renovation. This aligns with the 'fair' category, indicating an aged but maintained home with functional major components that show signs of being outdated and require minor updates.
Pros & Cons

Pros

Prestigious Location: Situated in the highly desirable Dover Shores neighborhood of Newport Beach, offering an idyllic coastal lifestyle with access to top-rated schools, the scenic Back Bay, and world-class shopping and dining.
Exceptional Size & Layout: A substantial 7-bedroom, 6.5-bathroom home spanning nearly 5,000 square feet, providing ample space for large families or entertaining, with generous living and dining areas and multiple fireplaces.
Timeless Mid-Century Character: Features unique original details, handcrafted finishes, crown molding with wood inlays, rich parquet flooring, and extensive use of premium redwood, exuding warmth and distinctive architectural charm.
Private Backyard Oasis: Boasts a serene outdoor space with a large 25,000-gallon pool framed by blossoming pear trees and mature landscaping, perfect for relaxation, entertaining, or family gatherings.
Exclusive Community Amenities: Residents benefit from exclusive access to two private beaches within the Dover Shores community, significantly enhancing the coastal living experience.

Cons

Potential for Extensive Updates: While 'lovingly maintained' and featuring 'original details,' the description notes 'endless potential for modern updates' in the kitchen and other flexible-use rooms, suggesting significant renovation may be required to meet contemporary standards and buyer preferences.
Age of Property Systems: Built in 1966, the property's age implies that major systems such as HVAC, plumbing, and electrical may be original or require updating, potentially leading to considerable future investment for a new owner.
Significant Price Adjustment & Market Time: The property experienced a substantial price reduction from an original list price of $8M to a sold price of $5M, and was on the market for 148 days, indicating potential challenges in initial valuation or buyer appeal.

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