NOT LISTED FOR SALE

Estimated Value: $3,287,000 - $29,746,854

5 Beds
8 Baths
9,762 Sq Ft
$1,692/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $18,000,000 $1,844 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $106,302/month

84 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Heated Infinity Pool
  • Newport Coast Elementary School Rated A
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of April 2018

Dramatically positioned along Pelican Crest’s prized front row, 10 Channel Vista presents a refreshing modern aesthetic rarely available in the community. A comprehensive $6M renovation completed in December 2017 appointed the home with an assortment of sophisticated design elements, including white oak & travertine flooring, light fixtures & chandeliers by Apparatus & Ladies & Gentlemen, & SubZero appliances throughout. The home’s unique orientation offers the region’s best view perspective, encompassing the ocean, Catalina Island, Harbor, city lights, Palos Verdes, Pelican Hill Golf Course, & crashing waves. The eminently liveable floorplan spans 3 levels and is host to 5 bedroom suites, open social spaces, home office (possible 6th bedroom) with views & balcony, temperature-controlled wine and cigar room, home spa with heated floors, a steam room, and quick-fill tub, home gym, & chic master suite with frameless, stand-alone shower, his & hers closets, & sprawling ocean views. The rear yard is an entertainer’s paradise with infinity-edge pool & spa, fireplace, built-in BBQ, putting green, lawn, and covered outdoor dining area. An 8-car subterranean garage & fully integrated Savant system complete this one of-a-kind residence. Residents of Pelican Crest enjoy 24/7 guard-gated patrolled security, swim, tennis & playground amenities of the Newport Coast Community Center & close proximity to the pristine beaches, world-class shopping & dining, & John Wayne Airport.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 01/15/2018

Pacific Sotheby's Int'l Realty

Co-Listed By

Heather Hosto

Pacific Sotheby's Int'l Realty License #01335400

Last Buyer's Agent

Raymond Wang

Keller Williams Realty Irvine License #01726696

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216,117

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Fence is in excellent condition
  • Landscaped
  • Backyard Sprinklers
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $723 Monthly HOA Fees

Parking

  • 8 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course
  • Canyon
  • Park or Greenbelt
  • Pool

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 9,762 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Tray Ceiling
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Wood Frame Window
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Storage
  • Utility Room
  • Home Gym
  • Basement
  • Sump Pump

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Heated Floor in Bathroom
  • Fireplace in Bathroom
  • Stone Bathroom Countertops
  • Bidet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Security Lights
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Pool

  • Heated Infinity Pool
  • Pebble Pool Finish
  • Filtered Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • High Efficiency Air Conditioning
  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Kitchen
  • Hot Water Circulator
  • Gas Water Heater
  • Central Water Heater
  • Water Purifier
  • Water Softener
  • Sewer Paid
  • Phone System
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 15206
  • Assessor Parcel Number 47316204

Community Details

Overview

  • Pelican Crest Association, Phone Number (949) 448-6482

Recreation

  • Sport Court
  • Community Pool
  • Community Spa
  • Hiking Trails

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$216,117

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$723 per month

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Gated Community, Gated with Guard, Guarded, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47316204
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9762.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Copper Plumbing Full, Elevator, High Ceilings, Home Automation System, Intercom, Living Room Deck Attached, Open Floorplan, Pantry, Phone System, Recessed Lighting, Stone Counters, Storage, Sump Pump, Sunken Living Room, Tray Ceiling(s), Two Story Ceilings, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s)
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen, In Living Room, Separated
  • Fireplace Features: Bath, Family Room, Living Room, Master Bedroom, Master Retreat, Outside, Patio, Gas, Gas Starter, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1843.88
  • Room Type: Basement, Dressing Area, Entry, Exercise Room, Family Room, Foyer, Living Room, Main Floor Bedroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Retreat, Separate Family Room, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Association, Heated, In Ground, Private
  • Window Features: Bay Window(s), Blinds, Custom Covering, Drapes, Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower In Tub, Heated Floor, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • View: Bay, Canyon, Catalina, City Lights, Coastline, Golf Course, Harbor, Marina, Ocean, Panoramic, Park/Greenbelt, Pier, Pool, Water, White Water
  • Fence: Yes
  • Fencing: Excellent Condition, Good Condition, Wrought Iron
  • Patio And Porch Features: Patio Open, Front Porch, Wrap Around
  • Pool Features: Association, Community, Private, In Ground, Exercise Pool, Infinity, Waterfall, Salt Water, Filtered, Heated, Gas Heat, Pebble
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Parking Features: Built-In Storage, Covered, Direct Garage Access, Driveway, Paved, Garage, Garage Faces Side, Garage Door Opener, Gated, On Site, Oversized, Private, Subterranean
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Electric Range, Electric Cooktop, Freezer, Disposal, Gas Water Heater, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Zoned, Forced Air, Radiant, High Efficiency, Fireplace(s), Humidity Control
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Stackable, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Humidity Control, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Sport Court, Hiking Trails
  • Association Fee: 723.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Crest
  • Phone: 949-448-6482
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Rear, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 17684.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 4
  • Tax Tract Number: 15206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Apr 23, 2018
Sold by
Kang Ted
Bought by
Majestic Capital Investments Llc
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Raymond Wang
Keller Williams Realty Irvine
List Price
$22,800,000
Sold Price
$18,000,000
Premium/Discount to List
-$4,800,000
-21.05%
Current Estimated Value
$16,516,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,483,073
Avg. Annual Appreciation
-2.92%

Purchase Details

Listed on
Dec 17, 2013
Closed on
Aug 11, 2014
Sold by
Merage Paul
Bought by
Kang Ted
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Heather Hosto
Pacific Sotheby's Int'l Realty
List Price
$13,995,000
Sold Price
$13,250,000
Premium/Discount to List
-$745,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Irvine Community Development Company
Bought by
Merage Paul and The Rpm 2 Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Majestic Capital Investments Llc $18,000,000 Lawyers Title
Kang Ted -- Lawyers Title
Kang Ted $13,250,000 Western Resources Title Co
Merage Paul -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $18,000,000 -21.1% $1,844 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $22,800,000 +26.7% $2,336 / Sq Ft
03/23/2018 03/23/18 Off Market $18,000,000 -- --
01/15/2018 01/15/18 For Sale $22,800,000 +72.1% $2,336 / Sq Ft
08/27/2014 08/27/14 Sold $13,250,000 -5.3% $1,376 / Sq Ft
12/17/2013 12/17/13 For Sale $13,995,000 -- $1,453 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $216,117 $20,480,927 $16,203,267 $4,277,660
2024 $216,117 $20,079,341 $15,885,556 $4,193,785
2023 $211,182 $19,685,629 $15,574,075 $4,111,554
2022 $207,704 $19,299,637 $15,268,701 $4,030,936
2021 $202,743 $18,921,213 $14,969,314 $3,951,899
2020 $201,859 $18,727,200 $14,815,822 $3,911,378
2019 $197,817 $18,360,000 $14,525,315 $3,834,685
2018 $152,801 $14,185,048 $10,763,288 $3,421,760
2017 $137,214 $12,540,461 $10,552,244 $1,988,217
2016 $131,132 $11,670,816 $10,345,338 $1,325,478
2015 $148,571 $13,250,000 $10,189,942 $3,060,058
2014 $49,721 $4,123,347 $2,196,467 $1,926,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18008189

California Regional Multiple Listing Service (CRMLS)

APN: 473-162-04