NOT LISTED FOR SALE

Estimated Value: $9,927,000 - $14,100,653

6 Beds
9 Baths
7,945 Sq Ft
$1,436/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2023

Last sale price $10,300,000 $1,296 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $70,666 / mo

63 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • In Ground Pool
  • Updated Kitchen

About This Home

As of November 2023

Located in the guard-gated Pelican Ridge community, a highly desirable neighborhood of Newport coast, this stunning Santa Barbara style estate features 7,945 sqft living space, 6 bedrooms, 9 bathrooms, presenting unobstructed canyon views and peek-a-boo ocean views. Behind the private gate, this recently updated custom home has a beautifully landscaped motor court with 3-car garage. The entrance presents a high ceiling embellished by a tasteful chandelier, and a sophisticated wrought-iron spiral staircase. New white oak wood flooring throughout the first floor. Two bedroom suites, home theater with full bath, wine cellar, living room with fireplace, formal dining room with french doors leading to serene side yard. Remodeled kitchen with marble countertop and new 6 burner Wolf stove, and dishwasher, beverage fridge and built-in refrigerator, From the picture window an abundant sunshine is brought in welcoming the family and guests. Breakfast nook has two side french doors to the yard. Spacious family room, private office/work room, powder room, laundry room complete the main floor. Upstairs, a master bedroom with a retreat offers sweeping views of canyon and coastal breeze. Master bathroom comes with separate sinks, vanity, expansive shower room, walk-in closet and tub. Enormous bonus room with half bath close to the master bedroom, can be a gym or 7th bedroom. Office with built-in desk and cabinets. Loft is good for gathering. Three guest suites with updated baths. Professionally designed yard with drought-tolerant landscaping, palm trees, putting green, 40 feet pool with spa, barbecue and water feature. Don’t miss your chance to enjoy the Southern California coastal living with world-class shopping centers, dining, beaches, golf courses nearby!

Last Agent to Sell the Property

Winnie Cheng

Treelane Realty Group Inc. License #02014620 Listed on: 08/11/2023

Co-Listed By

Peter Cheng

Treelane Realty Group Inc. License #01800721

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 17,076 Sq Ft Lot
  • Landscaped
  • Back Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Canyon

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,945 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705126
  • $1,647 per year additional tax assessments

Community Details

Overview

  • Pelican Ridge Estates Association, Phone Number (949) 248-4300
  • First Service Residential Association, Phone Number (800) 428-5588
  • Pelican Ridge Estates Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.39 Acres

HOA Fees

$935 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705126
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7945.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1296.41
  • Room Type: Bonus Room, Entry, Exercise Room, Family Room, Formal Entry, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Exhaust Fan(s), Quartz Counters, Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Canyon, Ocean
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Community Association
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground
  • Association Fee: 450.40
  • Association #2 Fee: 485.38
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge Estates
  • Phone: 949-248-4300
  • Association Phone #2: 800-428-5588
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Pelican Ridge Estates
  • Association Management 2: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17076.00
  • Lot Size Acres: 0.3920
  • Latitude Manual: 33.59842700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17076.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 19
  • Tax Tract Number: 14037
  • TaxOtherAnnualAssessmentAmount: 1647.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Nov 27, 2023
Sold by
Shen Lei
Bought by
Hague Nashif and Hague Huma
Seller's Agent
Winnie Cheng
Treelane Realty Group Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$12,800,000
Sold Price
$10,300,000
Premium/Discount to List
-$2,500,000
-19.53%
Views
215
Current Estimated Value
$11,407,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,551
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Sep 14, 2023
Sold by
Chen Yinhe
Bought by
Shen Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Apr 13, 2016
Sold by
Yong Li and Wang Hui
Bought by
Shen Lei
Seller's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
Buyer's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
List Price
$5,988,000
Sold Price
$5,900,000
Premium/Discount to List
-$88,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Aug 19, 2013
Sold by
Linkon Douglas Alan and Linkon Nicole Angela
Bought by
Wang Hui

Purchase Details

Closed on
Aug 22, 2005
Sold by
Wheeler John R and Wheeler Jill Anne
Bought by
Linkon Douglas Alan and Linkon Nicole Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Wheeler John R and Wheeler Jill Anne
Bought by
Wheeler John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2002
Sold by
Wheeler John R
Bought by
Wheeler John R and Wheeler Jill Anne

Purchase Details

Closed on
Nov 7, 2001
Sold by
Wheeler John R and Wheeler Jill Anne
Bought by
Wheeler John R and Wheeler Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.62%

Purchase Details

Closed on
May 8, 2000
Sold by
Ocean Ridge Ventures Lp
Bought by
Wheeler John R and Wheeler Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
8.05%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Irvine Community Development Company
Bought by
Ocean Ridge Ventures Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Hague Nashif $10,300,000 Fidelity National Title
Shen Lei -- Fidelity National Title
Shen Lei $5,900,000 Fidelity National Title
Wang Hui $4,780,000 California Title Company
Linkon Douglas Alan -- First American Title Co
Wheeler John R -- --
Wheeler John R -- Commonwealth Land Title
Wheeler John R -- Commonwealth Land Title Co
Wheeler John R -- Commonwealth Land Title Co
Wheeler John R -- Commonwealth Land Title Co
Wheeler John R -- --
Wheeler John R -- United Title Company
Wheeler John R -- First American Title Co
Ocean Ridge Ventures Lp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shen Lei $8,000,000
Previous Owner Linkon Douglas Alan $999,999
Previous Owner Wheeler John R $1,500,000
Previous Owner Wheeler John R $1,500,000
Previous Owner Wheeler John R $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2023 11/29/23 Sold $10,300,000 -13.4% $1,296 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $11,900,000 -7.0% $1,498 / Sq Ft
08/11/2023 08/11/23 For Sale $12,800,000 +116.9% $1,611 / Sq Ft
04/14/2016 04/14/16 Sold $5,900,000 -3.3% $738 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Pending -- -- --
03/06/2016 03/06/16 Price Changed $6,100,000 -3.1% $763 / Sq Ft
12/18/2015 12/18/15 Price Changed $6,298,000 +5.2% $787 / Sq Ft
12/18/2015 12/18/15 For Sale $5,988,000 +25.3% $749 / Sq Ft
11/18/2013 11/18/13 Sold $4,780,000 -4.4% $602 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $4,999,999 -- $629 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $111,000 $10,506,000 $7,845,270 $2,660,730
2024 $111,000 $10,300,000 $7,691,441 $2,608,559
2023 $72,059 $6,713,192 $4,384,105 $2,329,087
2022 $70,869 $6,581,561 $4,298,142 $2,283,419
2021 $69,041 $6,452,511 $4,213,864 $2,238,647
2020 $68,948 $6,386,349 $4,170,656 $2,215,693
2019 $67,697 $6,261,127 $4,088,878 $2,172,249
2018 $66,352 $6,138,360 $4,008,704 $2,129,656
2017 $66,142 $6,018,000 $3,930,101 $2,087,899
2016 $56,631 $4,949,855 $2,893,231 $2,056,624
2015 $56,187 $4,875,504 $2,849,772 $2,025,732
2014 $54,884 $4,780,000 $2,793,949 $1,986,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23145197

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-26

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