• Listed By: Paul Daftarian, Luxe Real Estate, DRE #01317949
  • Source: CRMLS

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 Type :

Other

BEDS / BATHS :

4 / 3

PRICE :

$115,000

YEAR BUILT :

1972

LIVING AREA SIZE :

4,642

Subdivision :

Fallbrook

County :

Orange

Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 5

Full Baths: 3

Half Baths: 2

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Exterior Property Features : Barbecue,Lighting

Interior Features: Built-in Features,Balcony,Cathedral Ceiling(s),High Ceilings,Open Floorplan,Stone Counters,Recessed Lighting,Storage,Smart Home,Bar,Wired for Sound,Bedroom on Main Level,Primary Suite,Walk-In Closet(s)

Property Appliances: 6 Burner Stove,Dishwasher,Freezer,Gas Cooktop,Gas Oven,Gas Range,Microwave,Refrigerator,Tankless Water Heater

Fireplace: Living Room,Primary Bedroom,Outside

Flooring: Laminate,Stone

Furnished Description: Furnished

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: Living Room,Primary Bedroom,Outside

Has Fireplace: 1

Building Information

Year Built: 1972

Exterior Features

Barbecue,Lighting

Pool Features

None

Laundry Features

Inside,Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1283

Lot Size Source: Assessor

Lot Size Square Feet: 5588

Listing Price Information

Original List Price: 115,000

Listing Contract Date: 2023-12-05

Lease Information

Lease Term: 12 Months

Listing Agreement: Exclusive Right To Lease

Tax Information

Parcel Number: 05205030

Garage and Parking

Garage Description: Direct Access,Driveway,Garage

Attached Garage: Yes

Homeowners Association

Pets Allowed: Call

Rental Info

Lease Term: 12 Months

Security Deposit: 500000

Other Property Info

Source Listing Status: Active

Source Neighborhood: CS - Corona Del Mar - Spyglass

Availability Date: 2023-12-05

Postal Code Plus 4: 3255

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.

Source Property Type: Residential Lease

Area: CS - Corona Del Mar - Spyglass

Property SubType: Single Family Residence

Building and Construction

Property Age: 52

Common Walls: End Unit,No Common Walls

Property Condition: Updated/Remodeled,Turnkey

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 4642

Entry Level: 2

Entry Location: 2

Levels or Stories: Multi/Split

Structure Type: House

Nearby Home Value

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ByOwner last updated this listing 05/04/2024 @ 07:44

MLS: OC23221189
LISTED BY: Paul Daftarian, Luxe Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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