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31 Overlook
About This Property
Occupying one of the community's most desirable homesites, this remarkable residence encompasses approximately 4,975 square feet of thoughtfully designed living space on an expansive 12,021-square-foot lot. Created to maximize its extraordinary setting, the home showcases timeless architecture, refined interiors, and meticulous craftsmanship throughout. Expansive windows and French doors frame breathtaking coastal vistas from nearly every principal room, while the coveted western orientation fills the interiors with natural light and captures spectacular sunsets year-round.
Elegant yet inviting living spaces create an atmosphere of effortless luxury, seamlessly blending sophisticated design with the relaxed refinement of coastal living. The residence features four generously proportioned bedrooms and four-and-one-half beautifully appointed bathrooms. A highly sought-after main-level primary suite serves as a private sanctuary, complete with a sunlit sitting area overlooking the coastline, dual walk-in closets, and French doors that open to mesmerizing views.
Designed for seamless indoor-outdoor living, the chef's kitchen opens effortlessly to the great room, creating an ideal environment for both everyday living and entertaining. French doors lead to an array of resort-inspired outdoor spaces, including a built-in barbecue pavilion, lush courtyard gardens, a private putting green, and multiple seating and gathering areas designed to maximize enjoyment of the spectacular surroundings.
Offering an extraordinary sense of arrival and an unrivaled coastal setting, 31 Overlook embodies the pinnacle of Newport Coast luxury living, a timeless estate within one of Southern California's most exclusive and desirable communities.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$10,495,000
↓ $500K
(4.6%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Compass | $10,995,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017