Set behind the gates of Big Canyon, one of Newport Beach's most
sought-after guard-gated communities, 2 Rue Biarritz sits elevated
above the 6th fairway on one of the neighborhood's quietest
stretches. Built from the ground up in 2021, this five-bedroom,
five-and-a-half-bath residence spans more than 4,000 square feet,
the first true new construction among Big Canyon's Rue streets in
more than a decade. Soaring two-story ceilings and overhead
skylights fill the main level with natural light, and the kitchen,
bar, living room, and dining room flow together as one continuous
space. An expansive stone fireplace anchors the living room, while
walls of glass frame views across the newly renovated fairway, the
elevated position delivering the outlook without sacrificing
privacy. At the heart of the home, the kitchen is appointed for the
serious cook, with a Sub-Zero refrigerator and freezer, a Wolf
six-burner range with double ovens, and a dedicated wine
refrigerator. A generous breakfast bar seats five and opens
naturally to the surrounding gathering spaces. A first-floor
primary suite serves as a private retreat, with a spa-like bathroom
featuring a soaking tub, a walk-in shower, and an oversized walk-in
closet. Four additional en-suite bedrooms provide ample space for
family and guests, and a spacious laundry room with a utility sink
completes the interior. Designed for indoor-outdoor living, the
backyard is a resort-style escape: an negative-edge pool and spa
with a fire feature, complemented by an outdoor kitchen with
overhead heaters ideal for entertaining well past sunset and into
the cooler months. The 2021 build also brought a full suite of home
automation, including a sound system inside and out, eleven
motorized skylights that close automatically at the first sign of
rain, and remote and app-controlled window treatments, lighting,
retractable screens, and awning. Big Canyon centers on the private
Big Canyon Country Club and offers residents seclusion just minutes
from Fashion Island, top-rated schools, the beaches of Newport and
Corona del Mar, John Wayne Airport, and major freeways.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Construction Materials: Glass, Concrete, Stone, Stucco, Drywall
Patio and Porch Features: Tile
Pool Features: Heated, Infinity, In Ground, Private, Pebble
Pool is Private
Lot Features: Bluff, Back Yard, Cul-De-Sac, Sprinklers In Rear, Sprinklers In Front, Irregular Lot, Landscaped, On Golf Course, TwoToFiveUnitsAcre, DripIrrigationBubblers, NearPark, SprinklersTimer, SprinklerSystem, StreetLevel, Yard
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