NOT LISTED FOR SALE

Estimated Value: $6,268,000 - $44,145,448

6 Beds
7.5 Baths
11,200 Sq Ft
$2,251/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2023

Last sale price $34,000,000 $3,036 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $168,326 / mo

25 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Sauna
  • Newport Coast Elementary School Rated A
  • Filtered Pool
  • 1-minute walk to Los Trancos Canyon View Park

About This Home

As of April 2023

Among the finest trophy estates to be publicly offered along the California coastline, this exceptional ocean view residence is situated behind the guarded gates of Pelican Crest in Newport Coast, positioned on a rare ~3⁄4-acre parcel within one of Southern California’s most prestigious enclaves. Recently and extensively redeveloped with holistic wellness and modern luxury in mind, the estate spans approximately 11,200 square feet and showcases refined contemporary design, advanced home automation, and seamless indoor-outdoor living throughout. The residence offers six en suite bedrooms and eight bathrooms, complemented by expansive entertaining spaces designed to capture panoramic ocean and sunset views. Set back from the street behind private iron gates, the property features a long drive leading to a concealed multi car garage, creating an exceptional sense of privacy and arrival. A dramatic foyer introduces the home, where walls of glass frame breathtaking coastal vistas. Expansive custom windows and sliding doors integrate the interior with resort inspired outdoor living spaces, including multiple pools and tranquil water features.The chef’s kitchen is appointed with professional Wolf and Sub Zero appliances and a dedicated butler’s prep area. An elegant bar and lounge clad in backlit onyx leads to an expansive recreation wing featuring a full home theater and a professional Full Swing simulator. Wellness amenities include a dedicated indoor outdoor gym equipped with PRX Performance training systems, Tonal, an infrared sauna, and tranquil spaces designed for Pilates and yoga.Crowning the residence is a spectacular executive office with sweeping ocean views. The primary suite functions as a private retreat, offering a generous sitting area, retractable ceiling mounted television, and a secluded terrace with private spa overlooking the coastline. The spa inspired primary bath features floor to ceiling book matched stone, heated floors, and a shower framed by ocean vistas. A couture inspired walk in closet, influenced by Yves Saint Laurent, completes the suite. A rare offering within Pelican Crest, this estate represents an exceptional opportunity to acquire a newly transformed coastal compound of remarkable scale, privacy, and design.

Last Agent to Sell the Property

Abraham Lim

Circa Properties, Inc. License #01878016 Listed on: 02/15/2023

Circa Properties, Inc.

Co-Listed By

Paul Daftarian

Luxe Real Estate License #01317949

Last Buyer's Agent

Paul Daftarian

Luxe Real Estate License #01317949

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 34,372 Sq Ft Lot
  • Cul-De-Sac
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Hills

Interior Spaces

  • 11,200 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Game Room
  • Sauna
  • Home Gym

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Heated Floor in Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Filtered Pool
  • Heated Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 15604
  • Assessor Parcel Number 47315222
  • $3,657 per year additional tax assessments

Community Details

Overview

  • Pelican Crest II HOA, Phone Number (949) 644-7519
  • Newport Coast HOA, Phone Number (866) 378-1099
  • First Service Residential HOA
  • Pelican Crest Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0.79 Acres

HOA Fees

$843 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47315222
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 11200.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Dining Room, Family Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3035.71
  • Room Type: Exercise Room, Game Room, Kitchen, Living Room, Master Suite, Office, Sauna, Wine Cellar
  • Spa Features: Private, Heated
  • Bathroom Features: Heated Floor, Soaking Tub

Exterior Features

  • View: Catalina, Hills, Ocean
  • Pool Features: Private, Filtered, Heated, Salt Water, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast HOA
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Biking Trails, Clubhouse, Guard, Security, Controlled Access
  • Association Fee: 500.00
  • Association #2 Fee: 343.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Crest II HOA
  • Phone: 949-644-7519
  • Association Phone #2: 866-378-1099
  • Senior Community: No
  • Community Features: Sidewalks, Suburban
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 34372.00
  • Lot Size Acres: 0.7891

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34372.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 26
  • Tax Tract Number: 15604
  • TaxOtherAnnualAssessmentAmount: 3657.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 10, 2023
Sold by
Bought by
Seller's Agent
Abraham Lim
Circa Properties, Inc.
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$39,988,000
Sold Price
$34,000,000
Premium/Discount to List
-$5,988,000
-14.97%
Views
212
Current Estimated Value
$25,206,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,793,276
Avg. Annual Appreciation
-9.06%
Original Mortgage
$18,300,000
Outstanding Balance
$17,698,610
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$7,508,114

Purchase Details

Listed on
Sep 25, 2020
Closed on
Feb 6, 2021
Sold by
Bought by
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$16,998,000
Sold Price
$14,710,000
Premium/Discount to List
-$2,288,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.65%

Purchase Details

Closed on
Apr 12, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$34,000,000 Chicago Title Company
$14,710,000 Ticor Title
$4,116,000 None Available
-- Southland Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $18,300,000
Previous Owner $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2026 03/11/26 For Sale $39,998,000 +17.6% $3,571 / Sq Ft
04/13/2023 04/13/23 Sold $34,000,000 -15.0% $3,036 / Sq Ft
02/15/2023 02/15/23 For Sale $39,988,000 +171.8% $3,570 / Sq Ft
02/17/2021 02/17/21 Sold $14,710,000 -8.0% $1,525 / Sq Ft View Prior Sale
02/03/2021 02/03/21 Pending -- -- --
12/03/2020 12/03/20 Price Changed $15,995,000 -5.9% $1,658 / Sq Ft
09/25/2020 09/25/20 For Sale $16,998,000 -- $1,762 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $373,758 $35,373,600 $30,817,385 $4,556,215
2024 $373,758 $34,680,000 $30,213,122 $4,466,878
2023 $164,171 $15,304,284 $11,708,978 $3,595,306
2022 $161,466 $15,004,200 $11,479,390 $3,524,810
2021 $72,170 $6,819,713 $3,298,787 $3,520,926
2020 $72,521 $6,749,786 $3,264,962 $3,484,824
2019 $71,194 $6,617,438 $3,200,943 $3,416,495
2018 $69,779 $6,487,685 $3,138,180 $3,349,505
2017 $70,025 $6,360,476 $3,076,647 $3,283,829
2016 $71,933 $6,235,761 $3,016,320 $3,219,441
2015 $71,408 $6,142,095 $2,971,013 $3,171,082
2014 $69,776 $6,021,780 $2,912,815 $3,108,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23026142

California Regional Multiple Listing Service (CRMLS)

APN: 473-152-22

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