ActiveResidential · sale

2398 Redlands Drive

Newport Beach, CA 92660

$5,850,000

  • 5 beds
  • 6 baths
  • 4,288 sq ft
  • 0.19 acres
  • Built 2024

Listed by First Team Real Estate · MLS #OC26070303

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Each detail is intentional, from the custom natural wood beams shaped like an arrow pointing to where the sun sets in the home; to the Terrazzo flooring with seashell specs.The open concept design allows for effortless indoor/outdoor living.

Year built

Built in 2024.

Garage parking

3 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Upper Back Bay meets luxury. This stunning newly built, smart home was thoughtfully designed to bring the elements of the Back Bay indoors while offering modern amenities. Every aspect of its construction and superb design embraces the natural beauty of the Back Bay and honors Native American history. This care is represented in the use of natural materials like wood and stone, earth tones, and shades of green. Each thoughtfully curated detail embraces the beauty of the Back Bay. As you enter the home you are greeted by soaring ceilings, a large open space filled with natural light and serenity. Each detail is intentional, from the custom natural wood beams shaped like an arrow pointing to where the sun sets in the home; to the Terrazzo flooring with seashell specs.The open concept design allows for effortless indoor/outdoor living. The gourmet kitchen, a central part of the home boasts custom walnut cabinetry, a beautiful, oversized island with a bespoke Italian marble countertop in perfect shades of green, and Hestan appliances. The spacious dining area has a built in Miele coffee station and a built-in wine cooler for added convenience. The grand room features a bespoke fireplace with automated sliding door for seamless indoor-outdoor living. The main level includes 3 bedrooms with en-suites plus a guest bathroom, all finished with custom cabinetry, lighting, and Italian marble/ tile. A beautiful oak wood staircase with custom, handrails hand wrapped in luxurious, tan leather leads to the second level. Upstairs offers two spacious primary suites, walk in closets with one fit for a true fashionista, equipped with a laundry chute; expansive en-suites with luxury details including brass fixtures, handmade Italian tile/marble, soaking tub, steam shower. The outdoor spaces can be accessed effortlessly. The focal point is the pool with a Zen waterfall. Adjacent to the pool you will find a built-in seating area with an outdoor fireplace & shower, and an entertainer's dream outdoor kitchen. The home embraces all Feng-Shui elements. Additional design features include a sound system, a three-car garage with epoxy flooring, a security system, and all windows and sliding doors are prewired for retractable shades. Situated on an oversized corner lot is a short walk to the Upper Back Bay where you can enjoy hike/walk trails, cycling and a short distance to world renowned shopping and dining. This is not just a home but a sanctuary where nature is reveled and embraced
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THE NEIGHBORHOOD

Explore the location.

2398 Redlands Drive, Newport Beach, CA 92660

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2024
Full baths
5
Half baths
1
Garage spaces
3
Cooling
CentralAir,EnergyStarQualifiedEquipment
Heating
Central,Fireplaces
Appliances
SixBurnerStove,Barbecue,ConvectionOven,Dishwasher,Freezer,GasCooktop,Disposal,GasOven,GasRange,HighEfficiencyWaterHeater,Microwave,Refrigerator,TanklessWaterHeater
Flooring
SeeRemarks,Wood
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
WroughtIron
Accessibility
AccessibleDoors
Pool
Yes
Pool features
Heated,InGround,Private,Waterfall
Spa
No
Subdivision
Upper Newport Bay (UBNB)
Parcel
43923201
Elementary school
Kaiser
Middle school
Ensign
High school
Newport Harbor
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$24,375.00
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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2398 Redlands Drive, Newport Beach, CA 92660 · MLS #OC26070303

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Listing information

MLS #OC26070303 · California Regional MLS

Listing brokerage: First Team Real Estate
Listing agent: Adela Tavira

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.