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$16,500,000
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Property Description
Showcased on a trophy bluff-top dream lot in one of the most exclusive coves in the world, China Cove, suspended above water, 2889 Way Ln is arguably the most treasured & distinguishable custom home to be prominently positioned within the iconic mouth of the Newport Beach Jetty. After a rigorous 6 year process, completed in 2022, this irreplaceable waterfront achievement embodies masterful craftsmanship, divine modern architecture, set against unparalleled views of the Pacific Ocean's sparkling waters, Catalina Island's rolling cliff-sides, captivating boat activity flowing in & out of the harbor, marine life, & picturesque sunsets year-round. The newly redesigned turnkey residence showcases bright & open-concept living spaces, entertainment-ready outdoor space, & countless thoughtful design features. A beautiful symphony of soft contemporary design & effortless flow create a truly unique experience of space; beginning with a welcoming foyer and oversized great room, dining room with vaulted ceilings, offering awe-inspiring unobstructed sunrise to sunset panoramas from nearly every perspective. Impeccable craftsmanship is on display in the chefs kitchen, lined with sleek custom cabinetry, pro-series appliances, a marvelous 16' seven person waterfall island, & stone countertops throughout. Spanning ~4,642 SF, the residence intertwines the indoor and outdoor spaces through the use of oversized glass windows & Fleetwood sliding doors, which open to multiple wraparound balconies offering sweeping ocean views & brilliant coastline frames, as well as a central courtyard with outdoor fireplace, BBQ, & various seating options. The lower level space is the perfect setting to host with walk-in bar, ocean front balcony, & dedicated powder room. The residence is highlighted by 4 beds & 1 functioning as home office + 5 baths. Ascend to a supremely private primary suit that spans the entirety of the upper level & opens up to a viewing balcony above the courtyard. Unwind by the fireplace, immerse yourself in the soothing sound of waves crashing below, indulge in the spa like bath outfitted with designer stonework, free standing soaking tub, rain shower, dual vanities, & generously appointed walk in closet. Additional home features include a 3 car garage plus driveway space for an additional 3 cars, smart home automation, & security. This legacy estate is just steps away form China Cove beach, Pirates Cove, Main beach, CdM Village, award-winning schools, & entertainment.
Full Property Details
Full Property Details for 2889 Way Ln
General
- Sold For: $16,500,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: OC23032274
- Added to Site: 1, 093 day(s) ago
Interior
- Rooms/Areas: Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
- Interior Features: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Wired for Sound
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom, Outside
- Eating Areas: Area, Breakfast Nook, Family Kitchen, In Family Room, In Kitchen, In Living Room
- Appliances: 6 Burner Stove, Dishwasher, Freezer, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
- Flooring: Laminate, Stone
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Garage (Direct Access), Driveway
Location
- County: Orange
- Subdivision: Corona del Mar South of PCH (CDMS)
- Driving Directions: From Seaview Ave, turn onto Dahlia Ave, continue straight onto Fernleaf Ramp, Turn left onto Way Ln, home will be on the left. Alternatively from Ocean Blvd, turn onto Fernleaf Ramp.
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Biking, Curbs, Fishing, Hiking, Park, Watersports
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Custom-Built, Modern
- Structure Type: Single Family Residence
- Common Walls: End Unit, No Common Walls
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 4,642
- Sq. Ft. Source: Assessor
- Year Built: 1972
- Year Built Source: Assessor
- Property Condition: Turnkey, Updated/Remodeled
Lot Features
- Property View: Bay, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
- Lot Size (Acres): 0.1283
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre, Bluff, Corner Lot, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $3,554.5
Disclosures and Reports
- Special Conditions: Standard
Listed and Sold by Luxe Real Estate, Paul Daftarian and Luxe Real Estate, Obeid Habibi
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Schools
Schools serving 2889 Way Ln
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Harbor View Elementary School 900 Goldenrod Ave., Newport Beach, CA 92625 | K-6 | 0.7 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2889 Way Ln
Date
Details
Price
Change
Source
11/01/2023
Sold
$16,500,000
-10.81%
MLS
7/24/2023
Price Reduced
$18,500,000
-7.48%
MLS
5/02/2023
Price Reduced
$19,995,000
-13.06%
MLS
2/28/2023
Listed
$22,998,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2889 Way Lane, Corona del Mar, CA 92625 (MLS# OC23032274) is a Single Family property that was sold at $16,500,000 on November 01, 2023. Want to learn more about 2889 Way Lane? Do you have questions about finding other Single Family real estate for sale in Corona del Mar? You can browse all Corona del Mar real estate or contact a Coldwell Banker agent to request more information.

