401 Snug Harbor Rd, Newport Beach
Comparative Market Analysis

401 Snug Harbor Rd

Newport Beach, CA 92663

Estimated Value
$8,327,295
Homes.com estimate
Comparable Average
$9,500,000
1 comparable sale
Subject Property

5 bed, 7 bath Newport Beach waterfront estate

Bedrooms
5
Bathrooms
7
Living Area
6,800 sq ft
Property Type
Waterfront Estate

Homes.com estimated value: $8,327,295. The comparable pool for a waterfront estate of this size is extremely limited, with one close comparable closing at $9,500,000.

Market Summary

What a thin comparable set tells us

Price Range
Limited comparable set
Average Sale Price
$9,500,000
Average $ / Sq Ft
$1,956
Average Days on Market
24
Sold vs. List Price
~95%
Comparable Sales
1

Summary reflects 1 comparable sale. Individual comparable-sale detail is available on request. Information is deemed reliable but not guaranteed.

Analysis & Pricing Takeaway

Positioning 401 Snug Harbor Rd

The current estimated value for 401 Snug Harbor Rd is $8,327,295. The comparable evidence is limited to a very small set — one close comparable at $9,500,000 — with an average market time of 24 days and closings near 95% of list price at this level. A thin comp pool is not a weakness here; it is a direct reflection of how rarely harbor-front estates of this scale trade.

The comparable pool here is genuinely thin. One close comparable closed at $9,500,000, and the $1,956 per square foot figure derives from that limited set rather than from a broad statistical sample — applied to 6,800 square feet it would imply a number well above the estimate, which is precisely why it should not be used mechanically. At this level, value is established through positioning, media, and negotiation rather than through a comparable grid. The recommendation is a defensible launch price anchored near the $8,327,295 estimate, a private pre-market release to the harbor-front buyer network, and the discipline to let the property's scarcity, not a spreadsheet, do the pricing work.

Prepared By

Gregg Perrah

First Team Real Estate · DRE #01200203

People Before Things. This analysis was prepared to give the owners of 401 Snug Harbor Rd a clear, data-backed view of the current Newport Beach market before making a pricing decision.