1542 Galaxy Dr , Newport Beach, CA 92660
$8,995,000
Est. Payment: $49,367.92/mo
7 Bed
5 Bath
5218 Sqft
0.42 Acres
Status: Active | Days on site: 25
Get Pre-Qualified
U6002 - U10078,U40532
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

You can build a home. You cannot build this lot. On the bluff above the Back Bay in Dover Shores, 1542 Galaxy Drive is 18,321 square feet of land - approximately 93 feet wide and nearly 200 feet deep - with panoramic, unobstructed views across Upper Newport Bay to the bluffs and the Newport Center skyline. Here, the land is the luxury. What lies in the sightline is the Upper Newport Bay Ecological Reserve: protected open space of water, wetlands, bluffs, and sky. Morning fog over the marsh, egrets along the shallows, golden evening light across the water - the everyday backdrop of life here. The land is where the story begins. The 1964 residence on it is an opportunity to reimagine the site, and a complete design vision has already been created by architect Rory Foubister, with interiors by Lindye Galloway and construction envisioned by Well Done Builders. That concept is conceived as a reveal. From the street, almost nothing - a low stone wall, olive trees, a screened gate. Inside, a courtyard opens to the sky around a mature olive tree. Beyond it, the house gives way to a wall of glass, pool and lawn, and the whole bay. Envisioned at approximately 8000 square feet - five bedrooms, seven bathrooms, a gym and wellness center, a subterranean level with car turntable, and an ADU or executive office. The sequence is only possible because of the depth. Nearly 200 feet buys a courtyard at the heart of the plan, real separation between arrival, entertaining, and retreat, and outdoor rooms that work as rooms. For a buyer with a different vision, the opportunity is equally compelling. The value is not one set of plans. It is the scale, proportion, and setting of the land itself. Dover Shores is the quiet side of Newport - wide curving streets, mature landscaping, and a generation of new custom homes rising above the Back Bay. Launch a kayak at dawn, run the Back Bay Loop Trail from the edge of the neighborhood, and reach Newport Harbor, the beaches, Corona del Mar, and Fashion Island in minutes. Homes can be remodeled. Homes can be replaced. What cannot be recreated is the land beneath them, the scale around them, and a setting like this. APN 117-663-08. Existing residence built 1964. Plans and renderings are conceptual, subject to change and to governmental approvals. Buyer to independently verify all dimensions, square footage, views, development potential, permits, approvals, schools, and other details.

Highlights

Listed by Brian Thomas , 949-422-6409 and Jennifer Thomas , 949-717-7100 x0 Surterre Properties Inc. , 949-717-7100. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.42

HOA Fee

107.21 Monthly

Year Built

1964

County

Orange

Area

N7 - West Bay - Santa Ana Heights

Neighborhood

Dover Shores (DSAM)

School District

Newport Mesa Unified

Listing ID

NP26186669

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Floor:Carpet,Concrete,Stone,Tile
Other:
  • ▪ Additional:All Bedrooms Down
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:2
Others:
  • ▪ Additional:Has ADU
Sewer:Public Sewer
Principal Interest
$49,368
Taxes
$5,734
HOA
$107

Home Price

$8,995,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$1,799,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$49,367.92

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $49,367.92 $5,734.31 $107.21 $55,209.44
Yearly $592,415.05 $68,811.75 $1,286.52 $662,513.32
Total $17,772,451.44 $2,064,352.50 $38,595.60 $19,875,399.54

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T15:14:42.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS