NOT LISTED FOR SALE

Estimated Value: $7,419,000 - $9,669,061

4 Beds
4.5 Baths
4,493 Sq Ft
$1,866/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2023

Last sale price $6,500,000 $1,447 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $52,885 / mo

5 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Outdoor Fireplace
  • Newport Coast Elementary School Rated A
  • Private Pool
  • Cathedral Ceiling

About This Home

As of February 2023

Welcome to 10 Telescope where serenity is yours in this lovely Pelican Ridge Estates home, a tranquil end of cul-de-sac location and elevated street, offering breathtaking canyon and ocean views. This exquisite residence was crafted with a focus on contemporary design that embraces privacy, comfort, and the surrounding natural environment. Enjoy abundant light in high-ceiling rooms, endless views, private Romanesque pool, barbeque, and outdoor fireplace. Breathe easy as you enter the home’s main gallery with immediate canyon views, large living and dining area, open concept kitchen and family room, en-suite family bedrooms, bonus room and private home office with built-in partners' desk for two. Recently re-decorated with quiet sophistication, new hardwood floors, beautiful chandeliers, performance garage surfaces, and designer details throughout. The home features four-bedrooms, five-bathrooms, a bonus room, and private office – with one bedroom perfect for guest quarters on the ground level. A Juliet balcony, elegant stairway, three fireplaces, coffered ceilings, garden trellises, a citrus garden, two separate garages, are but a handful of surprises sure to charm and delight. Perched upon over 500 acres of unmatched natural beauty, Newport Coast is where rolling hills meets the Pacific – a perfect location and year-around climate – set apart as a world unto itself. Newport Coast was conceived by The Irvine Company - one of America’s most successful master planned developers - a collection of communities which set the standard for luxury, style, and convenience. Easy access to Five-Star, Pelican Hill Resort & Golf, Crystal Cove State Park (3.2 miles of beach & tidepools / 2,400 acres of gently sloping hills, wooded hiking and biking trails), Newport Coast and Crystal Cove Shopping Centers, Fashion Island, Newport Harbor, Segerstrom Center, and South Coast Plaza, minutes from the 73 Toll Road, UCI, and multiple world-class hospitals, resorts, and business centers.

Last Agent to Sell the Property

Ken Robertson

Cove Canyon Realty License #01136936 Listed on: 01/06/2023

Last Buyer's Agent

Jenn Chen

MiLuxe Realty License #02104472

Range of Values:

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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 Details

Home Type

  • Single Family

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 11,600 Sq Ft Lot
  • Glass Fence
  • Sprinkler System
  • Garden
  • Back Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors

Property Views

  • Ocean
  • Bluff
  • Canyon

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,493 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Insulated Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

  • East Bluff Elementary School
  • Vista Verde Middle School
  • Corona Del Mar High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705164

Community Details

Overview

  • Pelican Ridge Estates Association, Phone Number (949) 248-4300
  • First Service Residential HOA
  • Built by Custom Home
  • Pelican Ridge Estates Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1996 | Remodeled

Lot Details

0.27 Acres

HOA Fees

$885 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705164
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4493.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Separated
  • Fireplace Features: Family Room, Living Room, Outside, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1446.69
  • Room Type: Game Room, Main Floor Bedroom, Office
  • Spa Features: Private
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Canyon, Ocean
  • Fence: Yes
  • Fencing: Glass
  • Builder Name: Custom Home
  • Patio And Porch Features: Terrace
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 425.00
  • Association #2 Fee: 460.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge Estates
  • Phone: 949-248-4300
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Suburban
  • Association Management: First Service Residential

Schools

  • Elementary School: East Bluff
  • High School: Corona Del Mar
  • Middle Or Junior School: Vista Verde
  • Elementary School #2: EASBLU
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Bluff, Garden, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 11600.00
  • Lot Size Acres: 0.2663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 57
  • Tax Tract Number: 14037

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
Jan 6, 2023
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Ken Robertson
Cove Canyon Realty
Buyer's Agent
Jenn Chen
MiLuxe Realty
List Price
$6,780,000
Sold Price
$6,500,000
Premium/Discount to List
-$280,000
-4.13%
Views
56
Current Estimated Value
$8,381,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,881,765
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jul 22, 2020
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
$2,200,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2018
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
$2,200,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 7, 2017
Closed on
Mar 13, 2018
Sold by
Bought by
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Rob Smith
Compass
List Price
$4,675,000
Sold Price
$4,138,000
Premium/Discount to List
-$537,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Listed on
Aug 7, 2017
Closed on
Feb 20, 2018
Sold by
Bought by
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Rob Smith
Compass
List Price
$4,675,000
Sold Price
$4,138,000
Premium/Discount to List
-$537,000
-11.49%

Purchase Details

Closed on
May 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newport Coast, CA

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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
$6,500,000 Lawyers Title
-- Ticor Title Company Of Ca
-- Ticor Title
-- Western Resources Title Co
$4,138,000 Western Resources Title
$3,000,000 Stewart Title Of Ca Inc
-- --
-- --
-- First American Title Ins Co
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
Previous Owner $2,200,000
Previous Owner $2,200,000
Previous Owner $1,500,000
Previous Owner $227,150
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
02/09/2023 02/09/23 Sold $6,500,000 -4.1% $1,447 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $6,780,000 +63.8% $1,509 / Sq Ft
03/20/2018 03/20/18 Sold $4,138,000 -1.5% $921 / Sq Ft View Prior Sale
03/12/2018 03/12/18 Price Changed $4,199,000 -2.3% $935 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/09/2018 01/09/18 Price Changed $4,299,000 -2.3% $957 / Sq Ft
10/12/2017 10/12/17 Price Changed $4,399,000 -5.9% $979 / Sq Ft
08/07/2017 08/07/17 For Sale $4,675,000 -- $1,041 / 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
2026 $72,243 $6,897,852 $5,634,603 $1,263,249
2025 $71,670 $6,762,600 $5,524,120 $1,238,480
2024 $71,670 $6,630,000 $5,415,803 $1,214,197
2023 $48,800 $4,525,506 $3,483,243 $1,042,263
2022 $47,990 $4,436,771 $3,414,944 $1,021,827
2021 $46,602 $4,349,776 $3,347,984 $1,001,792
2020 $46,723 $4,305,175 $3,313,655 $991,520
2019 $45,937 $4,220,760 $3,248,681 $972,079
2018 $37,055 $3,395,319 $2,324,508 $1,070,811
2017 $37,366 $3,328,745 $2,278,930 $1,049,815
2016 $38,747 $3,263,476 $2,234,245 $1,029,231
2015 $38,470 $3,214,456 $2,200,685 $1,013,771
2014 $37,584 $3,151,490 $2,157,577 $993,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22258186

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-64

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