$6,999,000
For Sale

1542 Galaxy Drive

Newport Beach, CA 92660
5218 sqft | 7 beds | 5 baths | 0.42 acres | #24452089
Listing OfficeWE ARE REALTY INC
Browse 75 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover your dream home perched on the bluffs of Newport Bay! This magnificent 7-bedroom, 5-bathroom residence spans an impressive 5,218 square feet, offering a perfect blend of luxury and comfort in one of Southern California's most desirable locations. As you approach the property, you'll be greeted by a charming ranch-style entry complemented by dual 2-car garages, providing ample parking for up to 4 vehicles. The front structure also features convenient storage rooms, a dedicated work office, and a second commercial-style kitchen, making it ideal for both personal and professional needs. Step inside to an expansive mid-courtyard that invites you to unwind by the inviting in-ground pool and spacious patio area, perfect for outdoor gatherings and soaking up the sun. The thoughtfully designed layout includes two wings, with an expansive central living room that seamlessly connects to the backyard, boasting breathtaking views of the Newport Bluffs. Custom window shutters adorn every window, adding both elegance and privacy throughout the home. At the heart of the house, the kitchen serves as a finalizing station for service, equipped with a refrigerator and offering easy access to the dining room and left-side den. This cozy den features a fireplace, rich wood floors, and a built-in bar, creating a warm atmosphere for entertaining. A delightful bonus playroom, with large windows overlooking the living space, offers endless possibilities for family fun. The south wing of the home is dedicated to relaxation, featuring the luxurious primary bedroom, four additional bedrooms, and three bathrooms, providing comfort and privacy for family and guests alike. Meanwhile, the north wing boasts three guest bedrooms and two bathrooms, ensuring everyone has their own space. With an impressive double-wide lot of 18,295 square feet, this property has incredible renovation potential to transform it into a modern gem or to enhance your outdoor living experience. Three separate air conditioning systems ensure the home remains comfortable year-round. Perfect for entertaining, the expansive private front courtyard and scenic backyard off the living room make this home a true oasis. Don't miss your opportunity to own this exceptional property in Newport Beach. Schedule a viewing today and experience all this stunning home has to offer!

  • Interior Details
      • InteriorCeilingFans
    • Beds & Baths
      • Bedrooms7
      • Bathrooms5
      • Full Baths5
  • Property Details
      • ViewCoastline, Ocean
      • Stories3
    • Measurements
      • Acres0.4206
      • Square Feet5218
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1964
  • Community and Neighborhood Details
      • CountyOrange
  • Financial Details
      • Original List Price$6,999,000
    • HOA
      • Hoa Fees1286.52
  • Other
      • MLS #24452089

Location

Gary ElminoufiReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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