$30,000,000
SOLD MAR 12, 2025
7 Beds
12 Baths
14,000 Sq Ft
0.5 Acres

Recently Sold

$2,143 Per Sq Ft

6% Below List Price

477 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Wine Cellar
  • Newport Coast Elementary School Rated A
  • Indoor Pool
  • Gated with Attendant

About This Home

As of March 2025

Situated on a prized front-row lot, this Pelican Crest showpiece estate was newly refreshed in late 2023 and enjoys unobstructed views of the Pacific Ocean, Catalina Island, Newport Harbor, Pelican Hill Golf Course, spectacular sunsets, and twinkling evening lights. Bespoke transitional interiors of approximately 14,000 square feet provide unsurpassed comfort and hosts seven bedrooms and twelve baths. Authentically detailed architecture, romantic archways, columns, domes, and Palladian windows work in tandem to create first impressions that will last a lifetime. A phenomenal entry with custom glass and iron door sets the scene and introduces airy galleries, a library, formal living room, and lavish guest suite complete with a private sitting room. Awaiting at the heart of the home is a two-story oval foyer which reveals a dramatic staircase, formal dining room for both grand-scale and intimate entertaining, and a spacious great room with six sets of French doors that open onto a fireplace-warmed loggia. Grandeur is elevated to lofty new heights with custom lighting, multiple interior and exterior staircases, impressive fireplaces, and one-of-a-kind flooring. Catering to professional and amateur chef’s alike, the gourmet-inspired kitchen complements timeless style with a butler’s pantry, center island, and a breakfast area. From romantic evenings at home and impromptu gatherings to formal affairs that are destined for the social pages, the generous floorplan offers three service bars and accommodates every occasion with style and sophistication. An elevator serves all four levels, including a basement with an eight-car garage, game room, gym, sauna, and steam shower. Take the stairs or elevator down to the sub-basement where a 34' indoor swimming pool is destined to be a favorite place for all who visit. Captivating ocean vistas embellish the owner's suite, where a large view terrace, sitting area, fireplace, dual walk-in closets, separate vanities, and a glamorous soaking tub fulfill the residence's promise of delivering uncompromising luxury. Lushly landscaped grounds recall the beauty of an exclusive Mediterranean resort, where graceful palms, broad lawns, and sunny patios are joined by a sublime ocean-view swimming pool and spa. Set just moments from championship golf courses, five-star resorts, high-end retail, and upscale dining, 14 Channel Vista represents a truly rare offering.

Last Agent to Sell the Property

Rob Smith

Compass Brokerage Phone: 949-697-8855 License #01113111 Listed on: 09/12/2023

Compass

Last Buyer's Agent

Rex Mckown

Compass License #01275953

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,057

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Back Yard

HOA Fees

Parking

  • 8 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Planned Development

Interior Spaces

  • 14,000 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Custom Window Coverings
  • Roller Shields
  • Palladian Windows
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Game Room
  • Sauna
  • Home Gym
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Utility Sink

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 15206
  • Assessor Parcel Number 47316206
  • $430 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Newport Coast Community Assoc Association, Phone Number (949) 448-6000
  • Keystone Property Mgmt Association, Phone Number (949) 833-2600
  • First Service HOA
  • Pelican Crest Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,057

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,091 per month

Parking

8

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.697.8855
  • Other Phone Description: Rob Smith
  • Other Phone Number: 949.697.8855
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47316206
  • Year Built: 2001
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 14000.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Coffered Ceiling(s), Crown Molding, Elevator, High Ceilings, Pantry, Recessed Lighting, Two Story Ceilings, Wet Bar
  • Stories: 4
  • Entry Location: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Entry Level: 3
  • Fireplace Features: Library, Living Room, Primary Bedroom, Outside, Patio, Fire Pit, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2142.86
  • Room Type: Bonus Room, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Media Room, Office, Sauna, Separate Family Room, Walk-In Closet, Wine Cellar
  • Spa Features: Private
  • Window Features: Custom Covering, Palladian, Roller Shields
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Utility Sink

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, In Ground, Indoor
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Keystone Property Mgmt
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Management, Guard, Security, Controlled Access
  • Association Fee: 391.00
  • Association #2 Fee: 700.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast Community Assoc
  • Phone: 949.448.6000
  • Association Phone #2: 949.833.2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Golf, Sidewalks
  • Association Management: First Service

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, Landscaped, Lot 20000-39999 Sqft, Park Nearby
  • Lot Size Sq Ft: 21945.00
  • Lot Size Acres: 0.5038

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21945.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 6
  • Tax Tract Number: 15206
  • TaxOtherAnnualAssessmentAmount: 430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Feb 14, 2025
Sold by
M And S Moshayedi Revocable Trust and Moshayedi Mehrdad
Bought by
Morley James S and Morley Alichia Marie
Seller's Agent
Rob Smith
Compass
Buyer's Agent
Rex Mckown
Compass
List Price
$31,950,000
Sold Price
$30,000,000
Premium/Discount to List
-$1,950,000
-6.1%
Total Days on Market
477
Views
1174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-97.88%
Original Mortgage
$16,500,000
Outstanding Balance
$16,471,508
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$3,113,720

Purchase Details

Closed on
Feb 24, 2000
Sold by
Anthony Fanticola and Anthony Joann
Bought by
Moshayedi Mehrdad and Moshayedi Semira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Interest Rate
8.08%
Source: Public Records

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Range of Values:

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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
Grant Deed $30,000,000 Chicago Title Company
Grant Deed $2,270,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,500,000 New Conventional
Previous Owner $9,180,000 Adjustable Rate Mortgage/ARM
Previous Owner $9,180,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,475,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $30,000,000 -6.1% $2,143 / Sq Ft
01/03/2025 01/03/25 For Sale $31,950,000 +6.5% $2,282 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/30/2024 12/30/24 Off Market $30,000,000 -- --
04/15/2024 04/15/24 Price Changed $31,950,000 -8.6% $2,282 / Sq Ft
01/03/2024 01/03/24 For Sale $34,950,000 +16.5% $2,496 / Sq Ft
12/25/2023 12/25/23 Off Market $30,000,000 -- --
09/12/2023 09/12/23 For Sale $34,950,000 -- $2,496 / 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
2024 $74,057 $6,904,760 $3,616,088 $3,288,672
2023 $72,413 $6,769,373 $3,545,184 $3,224,189
2022 $71,218 $6,636,641 $3,475,671 $3,160,970
2021 $68,887 $6,506,511 $3,407,520 $3,098,991
2020 $69,287 $6,439,795 $3,372,580 $3,067,215
2019 $68,029 $6,313,525 $3,306,451 $3,007,074
2018 $66,677 $6,189,731 $3,241,619 $2,948,112
2017 $67,009 $6,068,364 $3,178,058 $2,890,306
2016 $69,058 $5,949,377 $3,115,743 $2,833,634
2015 $68,563 $5,860,012 $3,068,941 $2,791,071
2014 $67,000 $5,745,223 $3,008,825 $2,736,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23165743

California Regional Multiple Listing Service (CRMLS)

APN: 473-162-06