Discover your dream home perched on the bluffs of Newport Bay! This magnificent 7-bedroom, 5-bathroom residence spans an impressive 5,218 square feet, offering a perfect blend of luxury and comfort in one of Southern California's most desirable locations. As you approach the property, you'll be greeted by a charming ranch-style entry complemented by dual 2-car garages, providing ample parking for up to 4 vehicles. The front structure also features convenient storage rooms, a dedicated work office, and a second commercial-style kitchen, making it ideal for both personal and professional needs. Step inside to an expansive mid-courtyard that invites you to unwind by the inviting in-ground pool and spacious patio area, perfect for outdoor gatherings and soaking up the sun. The thoughtfully designed layout includes two wings, with an expansive central living room that seamlessly connects to the backyard, boasting breathtaking views of the Newport Bluffs. Custom window shutters adorn every window, adding both elegance and privacy throughout the home. At the heart of the house, the kitchen serves as a finalizing station for service, equipped with a refrigerator and offering easy access to the dining room and left-side den. This cozy den features a fireplace, rich wood floors, and a built-in bar, creating a warm atmosphere for entertaining. A delightful bonus playroom, with large windows overlooking the living space, offers endless possibilities for family fun. The south wing of the home is dedicated to relaxation, featuring the luxurious primary bedroom, four additional bedrooms, and three bathrooms, providing comfort and privacy for family and guests alike. Meanwhile, the north wing boasts three guest bedrooms and two bathrooms, ensuring everyone has their own space. With an impressive double-wide lot of 18,295 square feet, this property has incredible renovation potential to transform it into a modern gem or to enhance your outdoor living experience. Three separate air conditioning systems ensure the home remains comfortable year-round. Perfect for entertaining, the expansive private front courtyard and scenic backyard off the living room make this home a true oasis. Don't miss your opportunity to own this exceptional property in Newport Beach. Schedule a viewing today and experience all this stunning home has to offer!
This property is $3.5M more than the Median Sold Price and $86/SqFt less than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24452089
Listing Office:
Office Name: WE ARE REALTY INC
Office Phone: (310) 363-0452
Listing Agent: Robert Crawford
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 07, 1988
Jan 07, 1988Home Sold
$870,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,094
$1,590,106
2020
$16,929
$1,573,802
2019
$16,251
$1,542,944
2018
$16,252
$1,512,691
2017
$15,965
$1,483,031
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school0.72 miles
Public District Grades KG-6
8
/10
Eastbluff Elementary School
2627 Vista Del Oro
Distance between this listing and this school0.98 miles
Public District Grades KG-6
8
/10
Kaiser Elementary School
2130 Santa Ana Ave
Distance between this listing and this school1.12 miles
Public District Grades 3-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.66 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school3.71 miles
Public District Grades KG-8
4
/10
Tewinkle Middle School
3224 CA Ave
Distance between this listing and this school4.29 miles
Public District Grades 7-8
Nearby Schools
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school0.87 miles
Public District Grades 7-12
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.33 miles
Public District Grades 9-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school1.50 miles
The neighbors living near this home have an average income of $220,749. The majority of Newport Beach, CA residents have income $200k+ annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1542 Galaxy Dr
What is the listing price of this property?
The listing price of 1542 Galaxy Dr property is $6,999,000.
What type of property is this?
The property 1542 Galaxy Dr is a house located in Newport Beach, California, 92660.
Is this property for sale now?
Active Listing: 1542 Galaxy Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,094 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 7, 1988 for $870,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1542 Galaxy Dr has 7 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 1542 Galaxy Dr is 5,218 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1542 Galaxy Dr is 1964.
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This home is located at 1542 Galaxy Dr in Newport Beach, CA and zip code 92660 in the Dover Shores neighborhood. This 5,218 square foot home, which was built in 1964, sits on a 0.42 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $6,999,000.
Over 6 listings were sold over their listed price in October 2024 in Newport Beach, CA. In the same period over 52 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. While the average time on the market in October 2024 was 50 days, the median list price was $3,475,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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