$5,100,000
SOLD APR 22, 2025
3 Beds
3.5 Baths
3,421 Sq Ft
7,058 Sq Ft Lot

Recently Sold

$1,491 Per Sq Ft

15% Below List Price

159 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Updated Kitchen
  • Newport Coast Elementary School Rated A
  • Heated In Ground Pool
  • 3-minute walk to Los Trancos Canyon View Park

About This Home

As of April 2025

Set on a uniquely private lot and positioned to maximize direct views of the Pacific Ocean, 16 Coral Reef provides a rare opportunity to reside in Pelican Ridge Estates amongst the prestigious custom homes in Newport Coast. Boasting approximately 3400 sqft of living space and three spacious bedrooms across multiple levels, this open concept floor plan offers dedicated spaces for guests while maintaining an open- concept floor plan ideal for large scale celebrations and casual living alike. The gourmet chef’s kitchen, with newly updated cabinetry, quartz countertops, and designer lighting provides the perfect focal point to entertain, while the serene backdrop of the Pacific Ocean teases the sky with ever-changing hues of the California skies and water. Upstairs, the expansive master suite, which features the best ocean views on property, provides a hotel-like ambiance that rivals the World Class Pelican Hill Resort just across the way. His and her closets, dual vanities, and designer lighting fixtures highlight the functionality & aesthetic the home provides at the highest level. Downstairs, two dedicated bedrooms + a bonus area provide a distinctly private living space supplementing the main living areas - creating a perfect setting for guests or fellow residents desiring privacy on par with larger, custom homes. Three sets of sliding doors allow one to easily traverse into the oversized outdoor space, complete with a BBQ island with seating, space for sunbathing, and the utmost privacy expected in a community of this caliber. World class community amenities, such as two 24 hour guard gates, community pools, and tennis/ basketball courts, perfectly complement the prestige and ease of living behind the exclusive Pelican Ridge gates.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 10/10/2024

Co-Listed By

Sahand Zargari

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01985671

Last Buyer's Agent

Alston Wong

Compass License #02010835

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,774

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 7,058 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Sprinklers on Timer
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development

Interior Spaces

  • 3,421 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Den
  • Pull Down Stairs to Attic
  • Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 14859
  • Assessor Parcel Number 47712110
  • $1,119 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Newport Coast Community Association, Phone Number (800) 428-5588
  • Pelican Ridge Maintenance Association
  • First Service Residential HOA
  • Pelican Ridge Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,774

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$899 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Security System, Smoke Detector(s)
  • Subdivision Name Other: Pelican Ridge (NCPR)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47712110
  • Year Built: 1997
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3421.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Two Story Ceilings
  • Stories: 3
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1490.79
  • Room Type: Basement, Den
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Coastline, Ocean, Panoramic
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association, Community, Fenced, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Pelican Ridge Maintenance
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 533.00
  • Association #2 Fee: 366.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast Community Association
  • Phone: 800.428.5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Landscaped, Irregular Lot, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 7058.00
  • Lot Size Acres: 0.1620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7058.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 17
  • Tax Tract Number: 14859
  • TaxOtherAnnualAssessmentAmount: 1119.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Brown Jr Eric K and Brown Debra
Bought by
Brown Eric K and Brown Debra
Current Estimated Value
$5,045,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Outstanding Balance
$2,185,581
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$2,675,234

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 1, 2020
Sold by
Price James B and Price Sandra K
Bought by
Brown Eric and Brown Debra
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$337,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Price James B and Price Sandra K
Bought by
Price James B and Price Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Price James B and Kauffman Sandra K
Bought by
Price James Blair and Price Sandra Karina

Purchase Details

Closed on
Feb 23, 2005
Sold by
Price James B and Price Sandra K
Bought by
Price James B and Price Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
Wilmoth Robert E and Wilmoth Barbara L
Bought by
Price James B and Kauffman Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2001
Sold by
Wilmoth Robert E and Wilmoth Barbara L
Bought by
Wilmoth Robert E and Wilmoth Barbara L

Purchase Details

Closed on
Jan 26, 2001
Sold by
Autore Umberto and Autore Rosana
Bought by
Wilmoth Robert E and Wilmoth Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.5%

Purchase Details

Closed on
May 16, 1998
Sold by
Autore Umberto and Autore Rosana
Bought by
Autore Umberto and Autore Rosana

Purchase Details

Closed on
Oct 18, 1996
Sold by
Greystone Homes
Bought by
Autore Umberto and Autore Rosana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
4.95%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Lawyers Title
Grant Deed $2,750,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $1,650,000 United Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,080,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Grant Deed $565,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,325,000 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $337,500 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Previous Owner $1,020,000 New Conventional
Previous Owner $1,095,000 New Conventional
Previous Owner $1,320,000 New Conventional
Previous Owner $990,000 Purchase Money Mortgage
Previous Owner $524,000 Unknown
Previous Owner $525,000 No Value Available
Previous Owner $314,900 No Value Available
Closed $330,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $5,100,000 -7.3% $1,491 / Sq Ft
02/12/2025 02/12/25 Price Changed $5,499,995 -8.3% $1,608 / Sq Ft
10/10/2024 10/10/24 For Sale $5,995,000 +118.0% $1,752 / Sq Ft
12/11/2020 12/11/20 Sold $2,750,000 -3.5% $804 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $2,850,000 -- $833 / 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 $31,774 $2,976,688 $2,460,387 $516,301
2024 $31,774 $2,918,322 $2,412,144 $506,178
2023 $31,112 $2,861,100 $2,364,847 $496,253
2022 $30,594 $2,805,000 $2,318,477 $486,523
2021 $29,638 $2,750,000 $2,273,016 $476,984
2020 $23,512 $2,145,081 $1,642,729 $502,352
2019 $23,214 $2,103,021 $1,610,519 $492,502
2018 $22,759 $2,061,786 $1,578,940 $482,846
2017 $22,802 $2,021,359 $1,547,980 $473,379
2016 $24,386 $1,981,725 $1,517,627 $464,098
2015 $24,216 $1,951,958 $1,494,831 $457,127
2014 $23,654 $1,913,722 $1,465,549 $448,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24202621

California Regional Multiple Listing Service (CRMLS)

APN: 477-121-10