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1950 Galaxy Drive, Newport Beach, CA 92660
$7,998,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
6
baths
4,173
sqft
Built in
1973
A stunning and complete remodel elevates this Mid-Century home in Newport Beach’s Dover Shores, blending timeless style with modern comfort. Boasting appx. 111 feet at the rear property line, the residence offers breathtaking views of Upper Newport Bay and the cityscape, including Newport Center. Privacy is paramount with a street-shielding landscape and block wall, the residence has a retaining wall built in 1983 on the bat side and a generously sized, private courtyard featuring a heated saltwater pool, spa, and vibrant fountains enclosed by expansive patios. The lot spanning over 10,000 SqFt, the property includes an elevated backyard with an outdoor kitchen and BBQ ideal for entertaining. Inside, the redesigned appx. 4,173 SqFt layout promotes an open living concept. Living and dining areas merge seamlessly, extending outdoors through glass accordion doors to the rear patio. Adjacent, a chic lounge boasts a bar and a staircase descending to an 800-bottle wine cellar. The kitchen is a chef’s delight, equipped with stone countertops, a sleek waterfall-edge island, custom Wolf appliances, and a cozy breakfast nook with built-in seating and a beverage bar. Five ensuite bedrooms ensure ample privacy and luxury, notably the spacious game room, which doubles as a social hub with its own bar setup. Flooring in rich hardwood leads from most bedrooms to private patios or the central courtyard. Highlighting the home’s accommodations, the primary suite features stunning views and direct patio access, a walk-in closet with a concealed safe, and an opulent bathroom adorned with natural stone, a multi-head rain shower, a standalone tub, and chic floating vanities. Elegant detailing throughout includes diverse tile work, porcelain and wood flooring, exotic wood finishes, soaring vaulted ceilings, sophisticated lighting, and several bespoke fireplaces. Modern conveniences such as built-in speakers, effortless landscaping, an EV charging station, a dog bath, a built-in dog feeder, and automated lighting systems underscore the thoughtful integration of amenities. Residents enjoy exclusive access to three Dover Shores private bayfront beaches, proximity to esteemed schools, and the luxurious offerings of Fashion Island, making this an unparalleled sanctuary in one of California’s most prestigious locales.
Features & Amenities
Interior
- General:
- Beamed Ceilings,Wet Bar,Built-in Features,Breakfast Area,Separate/Formal Dining Room,Eat-in Kitchen,Recessed Lighting,Sunken Living Room,All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Primary Suite,Wine Cellar,Walk-In Closet(s)
- Appliances:
- 6 Burner Stove,Double Oven,Dishwasher,Freezer,Gas Cooktop,Gas Range,Microwave,Refrigerator,Range Hood
- Laundry:
- Inside,Laundry Room
- Flooring:
- Tile,Wood
- A/C:
- true, Central Air,Dual,Zoned
- Heating:
- true, Central,Forced Air
- Fireplace:
- Den,Living Room,Primary Bedroom, Fireplace
Exterior
- General:
- Barbecue,Lighting,Rain Gutters, In Ground,Private
- Style:
- Contemporary,Mid-Century Modern,Modern,Traditional
- Pool:
- Gunite,Heated,In Ground,Private,Salt Water
- Parking:
- Door-Single,Garage Faces Front,Garage, Parking spaces: 2
Construction
- Roofing:
- Composition
- Windows:
- Custom Covering(s),Double Pane Windows,Roller Shields
- General:
- 1, Slab
Location
- Road/Access:
- City Street
- HOA Amenities:
- Management,Outdoor Cooking Area,Other Courts,Barbecue,Picnic Area,Playground, 85.0, Monthly
- Originating MLS:
- CRMLS
- School District:
- Newport Mesa Unified
- County:
- Orange
Lot
- Zoning:
- 11764103
- View:
- Back Bay,City Lights,Park/Greenbelt,Mountain(s),Neighborhood,Panoramic, View
- Fencing:
- Wood
Utilities
- Utilities:
- Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, 220 Volts in Garage,Standard
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
- Exclusions:
- Furnishings negotiable with some exceptions
This listing courtesy of:
Coldwell Banker Realty, John Yasko
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newport Beach, CA
Housing
- Number of Units
- 32,933
- Median Home Value
- $1,108,062
- Median Rent
- $2,050
52.55% of housing units are renter occupied.
15.14% are vacant.
Commute
- Car
-
52.33%
- Public Transportation
-
0.19%
- Walk to Work
-
1.03%
- Work from Home
-
45.11%
- Other
-
0.65%
The median travel time to work is 15 minutes.
People
- Population
- 61,724
- Median Age
- 46.20
- Median Household Size
- 2.43
Education
- High School
-
7.46%
- Associate’s Degree
-
6.48%
- Bachelor’s Degree
-
40.94%
- Graduate Degree
-
26.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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