Seller's Agent in 2023
Paul Daftarian
Luxe Real Estate
(714) 865-5969
93 in this area
246 Total Sales
1 Pelican Crest Dr Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,168,000 - $42,121,888
7
Beds
11
Baths
13,437
Sq Ft
$1,797/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Dance Studio
- Gated with Attendant
- Newport Coast Elementary School Rated A
- Wine Cellar
- Home Theater
About This Home
As of January 2023Unquestionably one of the best single lots in all the California Riviera, 1 Pelican Crest Dr is The pinnacle of coastal living and is situated on a nearly 3/4 of an acre lot in Newport Coast behind its own private gates. This trophy estate is one of the most distinguishable homes in the entire zip code and is I deally positioned to enjoy 220 degree unobstructed views of the Pacific Ocean’s sparkling waters, Catalina Island’s rolling cliff-sides, Pelican Hill golf course, and the glistening city lights that span the coastline all the way up to LA. Designed by renowned architect Fari and Constructed in 2010 and newly remodeled, no expense was spared with exquisite details such as imported Onyx slab floors, Cristalo slab counter-tops, fabric and wood paneled walls, artisan level Venetian plaster, and handcrafted fixtures throughout to name just a few. The thoughtful floor-plan offers ample formal spaces, Open concept living, chefs kitchen w/ secondary prep kitchen, dual offices, main floor guest suite, and a bedroom wing that is accentuated by a bonus room connecting 3 ocean view guest suites. Located on the North wing of the property, the grand master bedroom with split wings boasting unparalleled ocean and city light views, spacious private closets and bathrooms that create a sense of luxury and arrival. The grand estates amenities include a private gated circular motor court, hotel inspired foyer, true resort style backyard with pool + fountain, loggia, and cabana area, 13 seat Movie Theatre, 1200+ bottle Wine Cellar, Entertainment Bar + Lounge, Dance studio + gym, massage room, commercial elevator servicing all 3 levels, day-lit basement, 7 car garage, detached maids quarters, and an endless array of outdoor Ocean-view decks, balconies, & loggias providing a level of accommodation that rivals the world’s premier resort destinations. 1 Pelican Crest is legacy property to be enjoyed today and shared with generations to come.
Last Agent to Sell the Property
Luxe Real Estate License #01317949 Listed on: 07/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $335,634
Year Built
- Built in 2010
Lot Details
- 0.73 Acre Lot
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 8 Car Attached Garage
- 8 Open Parking Spaces
- Parking Available
- Driveway
- Gated Parking
Property Views
- White Water Ocean
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
Home Design
- Planned Development
Interior Spaces
- 13,437 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- Bar
- Crown Molding
- Coffered Ceiling
- French Doors
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Living Room Balcony
- Home Theater
- Home Office
- Library with Fireplace
- Bonus Room
- Game Room
- Dance Studio
- Home Gym
- Laundry Room
- Basement
Kitchen
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Built-In Range
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
- Retreat
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Home Security
- Home Security System
- Smart Home
Pool
- In Ground Pool
- In Ground Spa
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Tax Lot 47
- Tax Tract Number 15105
- Assessor Parcel Number 47308218
Community Details
Overview
- Pelican Crest Association, Phone Number (949) 833-2600
- Secondary HOA Phone (800) 428-5588
- Newport Coast HOA
- Pelican Crest Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Meeting Room
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2023
Sold by
Neshat Amir
Bought by
Arsama Trust
Current Estimated Value
Purchase Details
Closed on
Sep 22, 2022
Sold by
Hongqin Du Inheritance Protection Trust
Bought by
Neshat Amir
Purchase Details
Closed on
Sep 8, 2022
Sold by
Neshat Leva
Bought by
Neshat Amir
Purchase Details
Closed on
Nov 1, 2021
Sold by
Huang Fengsen and Grace Family Settlement
Bought by
Du Hongqin and Hongqin Du Inheritance
Purchase Details
Listed on
Mar 6, 2015
Closed on
May 31, 2017
Sold by
Kaylor Dst Services Llc
Bought by
Huang Fengsen and Grace Family Settlement Trust
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Grace Tu
First Team Real Estate
List Price
$37,000,000
Sold Price
$24,100,000
Premium/Discount to List
-$12,900,000
-34.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%
Purchase Details
Listed on
Mar 6, 2015
Closed on
May 26, 2017
Sold by
Andry Emiko
Bought by
Andry Doran J
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Grace Tu
First Team Real Estate
List Price
$37,000,000
Sold Price
$24,100,000
Premium/Discount to List
-$12,900,000
-34.86%
Purchase Details
Closed on
Mar 31, 2017
Sold by
Andry Doran J
Bought by
Kaylor Dst Services Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arsama Trust | -- | None Listed On Document | |
| Neshat Amir | $30,600,000 | First American Title | |
| Neshat Amir | -- | First American Title | |
| Du Hongqin | -- | Accommodation | |
| Huang Fengsen | $241,000 | Lawyers Title | |
| Andry Doran J | -- | Lawyers Title | |
| Andry Doran J | -- | Lawyers Title | |
| Kaylor Dst Services Llc | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Andry Doran J | $12,400,000 | |
| Previous Owner | Andry Doran J | $12,200,000 | |
| Previous Owner | Andry Doran J | $3,000,000 | |
| Previous Owner | Andry Doran J | $3,250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2023 01/04/23 | Sold | $30,600,000 | -32.0% | $2,277 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $45,000,000 | +86.7% | $3,349 / Sq Ft |
| 06/01/2017 06/01/17 | Sold | $24,100,000 | -19.4% | $1,794 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 01/13/2016 01/13/16 | Price Changed | $29,900,000 | -19.2% | $2,225 / Sq Ft |
| 03/06/2015 03/06/15 | For Sale | $37,000,000 | -- | $2,754 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $335,634 | $31,836,240 | $24,866,309 | $6,969,931 |
| 2024 | $335,634 | $31,212,000 | $24,378,734 | $6,833,266 |
| 2023 | $256,397 | $23,929,200 | $18,178,389 | $5,750,811 |
| 2022 | $252,176 | $23,460,000 | $17,821,950 | $5,638,050 |
| 2021 | $246,707 | $23,000,000 | $17,472,500 | $5,527,500 |
| 2020 | $275,391 | $25,575,112 | $19,937,058 | $5,638,054 |
| 2019 | $269,805 | $25,073,640 | $19,546,136 | $5,527,504 |
| 2018 | $264,408 | $24,582,000 | $19,162,878 | $5,419,122 |
| 2017 | $112,672 | $10,413,432 | $5,775,598 | $4,637,834 |
| 2016 | $113,935 | $10,209,248 | $5,662,351 | $4,546,897 |
| 2015 | $112,972 | $10,055,896 | $5,577,297 | $4,478,599 |
| 2014 | $110,323 | $9,858,915 | $5,468,045 | $4,390,870 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Daftarian
-
Michael Balliet
Seller Co-Listing Agent in 2023
Michael Balliet
Luxe Real Estate
(949) 484-0387
12 in this area
38 Total Sales
-
Rob Smith
Buyer's Agent in 2023
Rob Smith
Compass
(949) 697-8855
6 in this area
30 Total Sales
-
Michael Franco
Buyer Co-Listing Agent in 2023
Michael Franco
Douglas Elliman of California Inc.
(949) 200-2383
4 in this area
24 Total Sales
-
Rex Mckown
Seller's Agent in 2017
Rex Mckown
Compass
(949) 689-5018
17 in this area
56 Total Sales
-
Marcy Weinstein
Seller Co-Listing Agent in 2017
Marcy Weinstein
Compass
(949) 689-3550
15 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21140960
APN: 473-082-18
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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