2 Canyon Island Dr
Comparative Market Analysis

2 Canyon Island Dr

Newport Beach, CA 92660

Estimated Value
$1,253,423
Homes.com estimate
Comparable Average
$1,291,933
15 comparable sales
Subject Property

2 bed, 2 bath Newport Beach single-family

Bedrooms
2
Bathrooms
2
Living Area
1,197 sq ft
Property Type
Single-Family

Homes.com estimated value: $1,253,423, within an estimated value range of $1,098,000 to $1,379,000.

Market Summary

What 15 comparable sales tell us

Price Range
$1,050,000 – $1,470,000
Average Sale Price
$1,291,933
Average $ / Sq Ft
$876
Average Days on Market
32
Sold vs. List Price
~95%
Comparable Sales
15

Summary reflects 15 comparable sales. Individual comparable-sale detail is available on request. Information is deemed reliable but not guaranteed.

Analysis & Pricing Takeaway

Positioning 2 Canyon Island Dr

The current estimated value for 2 Canyon Island Dr is $1,253,423, inside a range of $1,098,000 to $1,379,000. The comparable set of 15 sales averages $1,291,933, or $876 per square foot, with an average market time of 32 days and closings at approximately 95% of list price. That combination describes the pace and the discipline this segment is currently rewarding.

Applied to 1,197 square feet, the $876 average price per square foot indicates roughly $1,049,000 — The comparable set includes larger attached homes, so the per-foot figure sits below the estimate; corner-lot position, single-level layout, and courtyard privacy support the upper half of the range. The working band runs between the $1,291,933 comparable average and the $1,253,423 estimate, with condition, position, and view determining where inside that band the home should launch. With a 32-day average market time and sales closing near 95 percent of list, the launch price should be set with a modest, intentional negotiating cushion and supported by presentation that clearly outclasses competing inventory.

Prepared By

Gregg Perrah

First Team Real Estate · DRE #01200203

People Before Things. This analysis was prepared to give the owners of 2 Canyon Island Dr a clear, data-backed view of the current Newport Beach market before making a pricing decision.