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3112 Corte Hermosa, Newport Beach, CA 92660

$2.98M3bd · 3ba · 1,969 sqft
Lot 3,575 sqft•HOA $425/mo•Single Family Residence•
Active
•63d on market•MLS# OC-26183541

Property Description

A prime opportunity to own an exceptional home in one of Newport Canyon's most desirable locations—where refined luxury, thoughtful upgrades, and an extraordinary lifestyle come together. Rarely on the market, the highly sought-after Casa Medina floor plan offers a beautifully remodeled and meticulously maintained 3-bedroom home in the 24-hour guard-gated community of Newport Canyon. Soaring ceilings, rich hardwood floors, custom lighting, and elegant living and dining areas create a sophisticated yet welcoming atmosphere. In contrast, elegant and inviting fireplaces in both the living and family rooms add warmth and ambiance throughout the home. The stunning remodeled kitchen features custom cabinetry, Caesarstone countertops, and Viking appliances, with a convenient connection to the outdoor entertaining areas. The spacious primary suite offers a vaulted ceiling, a bay window, a luxurious, remodeled bath with a soaking tub, and a custom walk-in closet. Two additional bedrooms feature custom built-ins and thoughtfully organized closets. Outside, enjoy a private wraparound yard designed for resort-style, effortless indoor-outdoor living, with multiple entertaining areas and a built-in BBQ. An oversized 2-car garage with epoxy flooring and custom storage provides exceptional functionality. Ideally located within the community, the pool and spa are just steps away. Premier shopping and dining, world-class beaches and golf, John Wayne Airport, freeways, and toll roads are all conveniently nearby. Beautifully upgraded, exceptionally well located, and truly move-in ready, this rare Casa Medina opportunity is not to be missed.

Features & Amenities

FeeBuilt 1987

Property Details

Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Flooring
Laminate
Roof
Spanish Tile
City
Newport Beach
Zip Code
92660
County
Orange
Listed byColdwell Banker-Campbell Rltrs, Kelly Love

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,043.22
Principal & Interest
Loan Amount
$2,380,000
Total Interest
$3,035,559
Total Payment Over 30 Years
$5,415,559
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

3112 Corte Hermosa, Newport Beach, CA 92660

Newport Beach · Single Family Residence

$2.98M
Luxury Tier
Beds
3
Baths
3
Sqft
1,969
Lot
3,575 sqft
Year
1987
$/Sqft
$1511
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 7.2% above the median closed sale of $2,775,000. Price per sqft ($1,511) is a 11% premium to closed comps ($1,364). Closed comps sold at 100% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.98M· $1,511/sqft
Total list price
Closed comps
vs closed median $2.77M
+$200K (+7.2%)
Active comps
vs active median $2.60M
+$380K (+14.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,376
+$135 (+9.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
526 Vista GrandeNewport Beach1968331,8811,459$1,376$2.59M6669
10 LimogesNewport Coast1997331,9123,750$1,491$2.85M2265
20292 RIVERSIDENewport Beach1955422,0348,105$1,401$2.85M3456
327 Santa IsabelNewport Beach1958332,1437,200$1,211$2.60M3856
31 BethanyIrvine1978431,8205,486$1,401$2.55M255
Total: 5 · Average3.42.81,9585,200$1,376$2.69M32.4
Median1,912$2.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3113 Corte LindaNewport Beach198802/13/2026432,2723,575$2.80M$2.91M$1,2801.043093
66 CormorantNewport Beach198607/27/2026342,1313,500$3.50M$3.40M$1,5950.975583
18 Cormorant CircleNewport Beach198608/26/2026231,5663,500$2.50M$2.67M$1,7081.073681
57 ShearwaterNewport Beach198606/01/2026332,4673,500$2.78M$2.70M$1,0940.9714880
3167 Corte PortofinoNewport Beach198711/17/2025432,4323,575$2.88M$2.77M$1,1410.9615280
Total: 5 · Average3.23.22,173.63,530$2.89M$2.89M$1,363.6—84.2
Median2,272$2.77M$2.77M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.