NOT LISTED FOR SALE

Estimated Value: $5,877,000 - $20,296,004

6 Beds
10 Baths
12,147 Sq Ft
$862/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $10,420,000 $858 Per Sq Ft

Current estimated payment $69,395/month

125 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Newport Coast Elementary School Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of May 2020

Championed on the front row street behind the exclusive gates of Pelican Crest, this trophy estate has recently been redesigned and reimagined.
Ideally positioned to optimize unobstructed views of the Pacific Ocean, Newport Harbor, and the California coastline, 15 Sailcrest characterizes chic, coastal living at its finest. Masterfully crafted by the world-renowned team at Rodeo Homes, no detail was overlooked nor expense spared. With over 12,100 sqft (approx.) of transitional, bright living space, the home accommodates large-scale celebrations and intimate gatherings alike. The soaring foyer welcomes guests with a sense of magnificence, before introducing a spacious guest suite and wooden-paneled executive office. A gourmet chef’s kitchen, highlighted by a sizable island, professional-grade appliances, and butler’s pantry, lies adjacent to the family room, which is complemented by coffered ceilings, imported European flooring, and an abundance of natural light. Large paneled, glass sliding doors seamlessly weave the indoor and outdoor spaces into one, creating an ambiance of grandeur on par with the world class resort just down the road. The lavishly appointed master bedroom, complete with a private retreat and dual closets, enjoys breathtaking views highly sought after but seldom found. The lower level offers an indoor basketball court, media room, gym, steam room, and sauna. Immediate proximity to world class shopping, dining, and schools complete this dream estate.

Last Listed By

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 12/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120,264

Year Built

  • Built in 1999

Lot Details

  • 0.47

HOA Fees

  • $760 Monthly HOA Fees

Parking

  • 6 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Interior Spaces

  • 12,147 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

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

Schools

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

Additional Features

  • Exterior Lighting
  • 0.47 Acre Lot
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 15105
  • Assessor Parcel Number 47308307

Community Details

Overview

  • Pelican Crest Association

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$120,264

Year Built

Built in 1999

Lot Details

0

HOA Fees

$760 per month

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47308307
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 12147.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 857.82
  • Room Type: Entry, Family Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Clubhouse, Meeting Room, Guard, Security, Controlled Access
  • Association Fee: 760.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Crest
  • Phone: 949600000
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights
  • Association Management: Pelican Crest

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: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20540.00
  • Lot Size Acres: 0.4715

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20540.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 31
  • Tax Tract Number: 15105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Apr 29, 2020
Sold by
Liu Dan
Bought by
Fang Haoyu
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$12,995,000
Sold Price
$10,420,000
Premium/Discount to List
-$2,575,000
-19.82%
Total Days on Market
125
Current Estimated Value
$10,471,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,501
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Dec 10, 2019
Closed on
Apr 17, 2020
Sold by
Chao Richard Y and Chao June T
Bought by
Fang Haoyu
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$12,995,000
Sold Price
$10,420,000
Premium/Discount to List
-$2,575,000
-19.82%

Purchase Details

Closed on
Jul 1, 2012
Sold by
Chao Richard Y and Chao June T
Bought by
Chao Richard Y and Chao June T

Purchase Details

Closed on
Sep 5, 1997
Sold by
Irvine Community Development Company
Bought by
Chao Richard Y and Chao June T

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fang Haoyu -- North American Title Company
Fang Haoyu $10,420,000 North American Title Company
Chao Richard Y -- None Available
Chao Richard Y -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $10,420,000 -19.8% $858 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $12,995,000 -- $1,070 / 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 $120,264 $11,251,936 $5,280,577 $5,971,359
2023 $117,548 $11,031,310 $5,177,036 $5,854,274
2022 $115,290 $10,784,410 $5,075,525 $5,708,885
2021 $111,986 $10,527,951 $4,976,004 $5,551,947
2020 $60,040 $5,596,077 $2,073,888 $3,522,189
2019 $58,976 $5,486,350 $2,033,223 $3,453,127
2018 $57,732 $5,378,775 $1,993,356 $3,385,419
2017 $57,485 $5,273,309 $1,954,270 $3,319,039
2016 $59,995 $5,169,911 $1,915,951 $3,253,960
2015 $59,539 $5,092,255 $1,887,172 $3,205,083
2014 $58,148 $4,992,505 $1,850,205 $3,142,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19279080

California Regional Multiple Listing Service (CRMLS)

APN: 473-083-07