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.
Sold for $16,500,000 on 11/01/23
Listing Provided by:
Paul Daftarian DRE #01317949 714-865-5969,
Luxe Real Estate,
Obeid Habibi DRE #01976307 949-630-7385,
Luxe Real Estate
$16,500,000
2889 Way Ln, Corona Del Mar, CA 92625
4beds
4,642sqft
Single Family Residence
Built in 1972
5,588 Square Feet Lot
$18,456,500 Zestimate®
$3,555/sqft
$52,732 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 01, 2023 at 05:54pm
Listing Provided by:
Paul Daftarian DRE #01317949 714-865-5969,
Luxe Real Estate,
Obeid Habibi DRE #01976307 949-630-7385,
Luxe Real Estate
Bought with:
Paul Daftarian, DRE #01317949
Luxe Real Estate
Obeid Habibi, DRE #01976307
Luxe Real Estate
Source: CRMLS,MLS#: OC23032274
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Balcony, Breakfast Area, Cathedral Ceiling(s), Eat-in Kitchen, 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)
- Flooring: Laminate, Stone
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Outside
- Common walls with other units/homes: End Unit,No Common Walls
Interior area
- Total interior livable area: 4,642 sqft
Property
Parking
- Total spaces: 3
- Parking features: Direct Access, Driveway, Garage
- Attached garage spaces: 3
Features
- Levels: Multi/Split
- Exterior features: Barbecue, Lighting
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Bay, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Bay,Coastline,Harbor,Ocean,Water
- Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
Lot
- Size: 5,588 sqft
- Features: 0-1 Unit/Acre, Bluff, Corner Lot, Landscaped
Details
- Parcel number: 05205030
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom,Modern
- Property subtype: Single Family Residence
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Fishing, Hiking, Park, Water Sports
Location
- Region: Corona Del Mar
- Subdivision: Corona Del Mar South Of Pch (Cdms)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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Estimated market value
$18,456,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$18,456,500