Seeking for $19,995,000, The newly Redesigned Turnkey Residence in Newport Beach Jetty Showcases Bright & Open-concept Living Spaces

2889 Way Ln, Corona Del Mar, CA 92625

Listed by Paul Daftarian at Luxe Real Estate & Obeid Habibi at Luxe Real Estate.


Property Photos Gallery

Photos provided by Paul Daftarian at Luxe Real Estate & Obeid Habibi at Luxe Real Estate.

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.

Property Features

  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Living Area: 4,642 Sqft
  • Fireplaces: Yes
  • Elevator: No
  • Lot Size: 0.13 Acres
  • Parking Spaces: 3
  • Garage Spaces: 3
  • Stories: 2
  • Year Built: 1972
  • Year Renovated: 2022

Property Price History

DateEventPricePrice/Sq FtSource
05/02/2023Price Changed$19,995,000$4,307CRMLS
03/01/2023Listed$22,998,000$4,954CRMLS
02/04/2023Listing RemovedCRMLS
12/19/2022Price Changed For Rent$65,000$14CRMLS
10/05/2022Price Changed For Rent$75,000$16CRMLS
07/06/2022Listed For Rent$95,000$20CRMLS
05/08/1998Sold$2,325,000$501Public Record
04/06/1978Sold$1,000,000$215Public Record

Property Reference

On Real Estate Platform

On Press, Media, Blog

  • Robb Report Real Estate
  • Luxury Houses
  • Global Mansion
  • Others: Architectural Digest | Dwell

Contact Paul Daftarian at Luxe Real Estate, Phone: 714-865-5969 & Obeid Habibi at Luxe Real Estate, Phone: 949-630-7385 for more information. See the LISTING via Zillow.

Reminder: Above information of the property might be changed, updated, revised and it may not be on sale at the time you are reading this article. Please check current status of the property at links on Real Estate Platforms that are listed above.

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