$24,000,000
SOLD NOV 6, 2024
6 Beds
9 Baths
9,921 Sq Ft
0.5 Acres

Recently Sold

$2,419 Per Sq Ft

14% Below List Price

9 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Home Theater
  • Newport Coast Elementary School Rated A
  • 24-Hour Security
  • Private Pool

About This Home

As of November 2024

Welcome to the exquisite gated community of Pelican Hill in Newport Coast, where luxury and coastal living blend seamlessly. This exceptional home offers a truly elevated lifestyle, boasting endless views into the Pacific Ocean, captivating year-round sunsets over Catalina Island, and the twinkling lights of Newport Harbor, all the way up the scenic coastline to Palos Verdes. Spanning an impressive 9,920 square feet, this residence features 6 bedroom suites and a total of 8 bathrooms, providing ample space for both relaxation and entertainment. Situated on a sprawling 21,500 square foot front row parcel, this property offers unobstructed golf course and ocean views, providing a picturesque backdrop to your everyday life. As you step inside, you'll be greeted by impeccable craftsmanship and attention to detail throughout. Premium stone surfaces and masterfully crafted millwork adorn every room, creating an atmosphere of sophistication and elegance. The ocean view home office provides a serene and inspiring workspace, while the billiards room and wine cellar offer spaces for leisure and indulgence.Designed to seamlessly blend the indoors with the outdoors, this home features multiple balconies and loggias, inviting you to enjoy the coastal breezes and breathtaking views. The entertainment level opens up to the pool area, creating a harmonious flow for gatherings and relaxation. A full kitchen on this level ensures that hosting and entertaining guests is a breeze. Whether you're savoring a morning coffee on the balcony, hosting a poolside soirée, or simply enjoying the peaceful serenity of the coastal ambiance, this home offers a truly unparalleled living experience. With its prime location in Pelican Hill, you'll have access to world-class amenities and a prestigious community that is renowned for its exclusivity and beauty. Indulge in the epitome of coastal luxury living with this remarkable property in Pelican Hill. Don't miss the opportunity to make this exceptional residence your own and immerse yourself in the splendor of panoramic ocean views and the unparalleled beauty of Newport Coast.

Last Agent to Sell the Property

Rex Mckown

Compass Brokerage Phone: 949-689-5018 License #01275953 Listed on: 09/26/2024

Compass

Co-Listed By

Marcy Weinstein

Compass Brokerage Phone: 949-689-5018 License #01094198

Last Buyer's Agent

Rob Smith

Compass License #01113111

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,572

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Back Yard

HOA Fees

  • $1,208 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • City Lights
  • Golf Course

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 9,921 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Formal Entry
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Game Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 14249
  • Assessor Parcel Number 47307108
  • $821 per year additional tax assessments

Community Details

Overview

  • Pelican Hill Association, Phone Number (855) 333-5149
  • Firstservice Resdiential HOA
  • Pelican Hill Subdivision

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,572

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,208 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security
  • Subdivision Name Other: Pelican Hill (NCPH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47307108
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9921.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Open Floorplan
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Game Room, Living Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2419.11
  • Room Type: Entry, Family Room, Formal Entry, Game Room, Home Theatre, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Wine Cellar
  • Spa Features: Private

Exterior Features

  • View: Bay, Catalina, City Lights, Coastline, Golf Course, Harbor, Ocean
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security, Controlled Access
  • Association Fee: 1208.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Hill
  • Phone: 8553335149
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Firstservice Resdiential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 21600.00
  • Lot Size Acres: 0.4959

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 21600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 8
  • Tax Tract Number: 14249
  • TaxOtherAnnualAssessmentAmount: 821.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2005
Sold by
Maniaci Douglas A and Maniaci Debra L
Bought by
Maniaci Douglas A and Maniaci Debra L
Current Estimated Value
$10,785,125

Purchase Details

Closed on
Feb 21, 1996
Sold by
The Irvine Company
Bought by
Maniaci Douglas A and Maniaci Debra L
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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Grant Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,000,000 New Conventional
Closed $1,716,000 New Conventional
Closed $100,000 Future Advance Clause Open End Mortgage
Closed $1,863,000 New Conventional
Closed $1,935,000 New Conventional
Closed $1,000,000 Future Advance Clause Open End Mortgage
Closed $500,000 Future Advance Clause Open End Mortgage
Closed $2,000,000 New Conventional
Closed $1,160,000 New Conventional
Closed $1,160,000 New Conventional
Closed $2,000,000 Credit Line Revolving
Closed $1,300,000 Unknown
Closed $1,100,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $24,000,000 -14.3% $2,419 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $28,000,000 -- $2,822 / 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 $39,572 $24,000,000 $19,862,108 $4,137,892
2024 $39,572 $3,688,340 $1,318,385 $2,369,955
2023 $38,727 $3,616,020 $1,292,534 $2,323,486
2022 $38,086 $3,545,118 $1,267,190 $2,277,928
2021 $36,863 $3,475,606 $1,242,343 $2,233,263
2020 $37,105 $3,439,968 $1,229,604 $2,210,364
2019 $36,523 $3,372,518 $1,205,494 $2,167,024
2018 $35,802 $3,306,391 $1,181,857 $2,124,534
2017 $36,199 $3,241,560 $1,158,683 $2,082,877
2016 $37,782 $3,178,000 $1,135,963 $2,042,037
2015 $37,529 $3,130,264 $1,118,900 $2,011,364
2014 $36,674 $3,068,947 $1,096,982 $1,971,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24200057

California Regional Multiple Listing Service (CRMLS)

APN: 473-071-08