5903 E Corso Di Napoli, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 3 bath

5903 E Corso Di Napoli, Long Beach, California 90803 home-pic-0
ACTIVE$7,500,000
5903 E Corso Di Napoli, Long Beach, California 90803
4Beds
3Baths
2,730Sqft
4,457Lot
Year Built
1995
Close
-
List price
$7.5M
Original List price
$7.5M
Price/Sqft
$2,747
HOA
-
Days on market
-
Sold On
-
MLS number
OC24170094
Home ConditionExcellent
Features
Excellent View: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
Spa
ViewBay,Catalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $7.50M(99th), sqft - 2730(83th), beds - 4(64th), baths - 3(50th).

Set along the south-westerly crest of Naples Island, this oversized corner lot consisting of two parcels is an exceptional waterfront residence graced with some of the most captivating views in the region with 90’ of uninterrupted bay. Light, airy, and refined, the property was recently reimagined (2021) – creating a harmonious connection to the outdoor environment. Every consideration was made when enhancing this structure, using quality craftsmanship with an assemblage of natural and engineered materials - optimal for waterfront living. The elegant yet comfortable interior consists of four bedrooms, three baths, and multiple areas for living, dining, entertaining, and relaxation. It reflects a cultivated collection of stylish finishes and conveniences. The home features waterfront walls of glass and abundant windows, complemented by custom millwork and finish carpentry. It includes upgraded tile and brick detailing, along with designer lighting that showcases high-end fixtures and fittings. The kitchen is equipped with Wolf and Sub-Zero appliances, and the home also boasts a mudroom, laundry room, and walk-in pantry. A temperature-controlled walk-in wine gallery with a capacity for up to 400 bottles adds a touch of luxury. The primary suite offers a private retreat with a wrap-around water-view terrace, complete with a sun deck and spa. The private outdoor spaces created with equal endowment offer both a secluded respite and an immersive experience with the charming sights and sounds of the bay. Designed with two levels of waterside terraces and two generous side verandas – engineered to harbor an enclosed annexation of the home if desired – provide a stunning perspective of the sparkling panorama. A rare backyard and an award-winning raised garden complement the lifestyle afforded by this extraordinary presentation. Further distinguishing the property – a professional-grade woodshop and garage with 12-foot ceilings (in-garage parking for two cars with an additional two outside spots) and a new double dock – capable of berthing four large craft (up to 47’) including a catamaran, which are equipped with 20/30/50 amp service. A truly remarkable offering in one of Southern California’s most iconic enclaves.

Nearby schools

10/10
Naples Elementary School
Public,K-50.4mi
7/10
Rogers Middle School
Public,6-81.2mi
6/10
Wilson High School
Public,9-122.2mi

Price History

Date
Event
Price
07/19/19
Sold
$3,850,000
Condition Rating
Excellent

This property, built in 1995, underwent an extensive and high-end renovation in 2021, making it virtually new in terms of its interior and systems. The description highlights 'quality craftsmanship,' 'stylish finishes,' and 'designer lighting.' The kitchen is equipped with top-tier Wolf and Sub-Zero appliances, and the bathrooms feature modern natural wood vanities, white countertops, and contemporary fixtures, as seen in the images. Flooring is consistently light wood, and lighting is recessed and modern. All components meet current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: Elementary School: Naples Elementary School (10/10).
Exceptional Waterfrontage & Views: Prime oversized corner lot with 90 feet of uninterrupted bay frontage, offering panoramic views including Bay, Catalina, City Lights, Coastline, and Ocean.
State-of-the-Art Boating Facilities: Features a new double dock capable of berthing four large crafts up to 47 feet, including a catamaran, complete with 20/30/50 amp service.
Recent High-End Renovation: Extensively reimagined in 2021 with quality craftsmanship, natural and engineered materials, custom millwork, designer lighting, and Wolf/Sub-Zero appliances.
Luxurious Amenities & Outdoor Living: Includes a temperature-controlled 400-bottle wine gallery, a primary suite with a wrap-around water-view terrace, sun deck, spa, and multiple waterside terraces/verandas.
Unique Specialized Features: Boasts a professional-grade woodshop, a garage with 12-foot ceilings for two cars, plus two additional outside parking spots, and an award-winning raised garden.

Cons

Premium Pricing: The current list price is 6% above the estimated property value, indicating a premium market position that may require justification or extended market time.
Significant Price Jump: The property's list price is nearly double its 2019 sale price, which, despite extensive renovations, might be viewed as a rapid and potentially aggressive valuation by some prospective buyers.
Moderate Interior Square Footage: At 2,730 sqft, the interior living space, while highly appointed, might be considered less expansive than some buyers expect for a property in this luxury price bracket.

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