NOT LISTED FOR SALE

Estimated Value: $4,336,000 - $14,714,754

4 Beds
4.5 Baths
5,268 Sq Ft
$1,668/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $12,299,000 $2,335 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $59,151/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Private Pool
  • Open Floorplan

About This Home

As of July 2023

Indulge in coastal luxury at its finest with 16 Sail Vista in Newport Coast. This once in a lifetime custom estate sits at the top of the ultra-exclusive Pelican Crest community on a premier wraparound lot which features the best panoramic ocean and harbor views in the city. The breathtaking shoreline views with year round sunsets and Catalina rest in the back drop. Every inch of this architect-driven, open-concept home has been carefully curated with structure and entertainment in mind. Radiating an encapsulates luxury living at every turn. This exceptional architectural masterpiece offers 4 bedroom suites, an office or optional 5th guest room and an exquisite assortment of sophisticated design elements from the marble flooring, up to the custom designed chandeliers. The gourmet chef’s kitchen displays Calcutta gold marble countertops, walnut cabinetry, La Cornue French range with custom matching hood, twin clear Sub-Zero refrigerators with bottom freezers, a walk-in wet bar and a built-in Mielé coffee maker. Everything fusions with the fresh ocean breeze. The living room draws friends and family together, complete with custom built-ins, a stone fireplace, and an open floor plan that seamlessly connects indoor and outdoor areas which is perfect for entertaining. Outdoor pool and spa is not only hosting stylish celebrations and delighting esteemed guests, but also for peaceful, present living in a serene and sunset-drenched environment. The elegant master suite has its own getaway with a spacious living quarter, a custom fireplace mantle and dual master closets which rivals any modern-day luxury boutique. The hotel inspired primary bath features 'The Bridlington' from Penhaglion, in a skirted tub which creates a sense of luxury and elegance. Bi-fold doors lead you to your own private outdoor oasis which features a beautiful pool and spa and boast incredible sunrise & sunset ocean views. This enchanting palatial estate offers complete tranquility and is the pinnacle of Southern California coastal living that is built to elevate your lifestyle and must be experienced to truly appreciate it’s pristine and unparallel beauty.

Last Agent to Sell the Property

Kiana Gao

Balboa Real Estate, Inc License #02021712 Listed on: 05/28/2023

Balboa Real Estate, Inc

Last Buyer's Agent

Qian Meng

JC Pacific Capital Inc. License #01869717

JC Pacific Capital Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,711

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Bay
  • Harbor
  • Catalina
  • Panoramic

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 5,268 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 15206
  • Assessor Parcel Number 47316211
  • $1,754 per year additional tax assessments

Community Details

Overview

  • Pelican Crest 1 Association, Phone Number (949) 833-2600
  • Newport Coast Community Association, Phone Number (949) 448-6000
  • Keystone HOA
  • Pelican Crest Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,711

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,288 per month

Parking

3

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: 47316211
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5268.00 Square Feet
  • Interior Amenities: Open Floorplan, Wet Bar
  • Stories: 2
  • Entry Location: /
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2334.66
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Sun, Walk-In Closet, Wine Cellar
  • Spa Features: Private

Exterior Features

  • View: Bay, Catalina, Harbor, Ocean, Panoramic, Water, White Water
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • 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: Guard, Security
  • Association Fee: 850.00
  • Association #2 Fee: 438.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Crest 1
  • Phone: 949.833.2600
  • Association Phone #2: 949.448.6000
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: KEYSTONE

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 11884.00
  • Lot Size Acres: 0.2728

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11884.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 16
  • Tax Tract Number: 15206
  • TaxOtherAnnualAssessmentAmount: 1754.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jul 11, 2023
Sold by
Xu Jianmin
Bought by
Sha Meiling
Seller's Agent
Kiana Gao
Balboa Real Estate, Inc
Buyer's Agent
Qian Meng
JC Pacific Capital Inc.
List Price
$12,295,000
Sold Price
$12,299,000
Premium/Discount to List
$4,000
0.03%
Views
90
Current Estimated Value
$8,784,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,514,311
Avg. Annual Appreciation
-14.30%
Original Mortgage
$7,000,000
Outstanding Balance
$6,838,706
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,945,984

Purchase Details

Listed on
May 28, 2023
Closed on
Jun 15, 2023
Sold by
Sha Meiling
Bought by
Ding Guyuan
Seller's Agent
Kiana Gao
Balboa Real Estate, Inc
Buyer's Agent
Qian Meng
JC Pacific Capital Inc.
List Price
$12,295,000
Sold Price
$12,299,000
Premium/Discount to List
$4,000
0.03%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,838,706
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,945,984

Purchase Details

Listed on
Jul 18, 2014
Closed on
Aug 8, 2014
Sold by
Stefanello Gary and Stefanello Christine
Bought by
Sha Meiling
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
MEI YU
FRONTIER REALTY
List Price
$7,999,999
Sold Price
$8,000,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%

Purchase Details

Listed on
May 7, 2012
Closed on
Jul 25, 2013
Sold by
Morris Donald E and Morris Mimi T
Bought by
Stefanello Gary and Stefanello Christine
Seller's Agent
Gina Le
Pacific Baruna Corp
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$6,700,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,200,000
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.02%
Original Mortgage
$3,850,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2011
Sold by
Morris Donald E
Bought by
Morris Donald E

Purchase Details

Closed on
Feb 10, 2009
Sold by
Gibson Robert Gray and Gibson Annette Ann
Bought by
Morris Kathryn L and The Earl L & Kathryn L Morris Trust
Source: Public Records

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
Sha Meiling -- First American Title
Ding Guyuan $12,299,000 First American Title
Sha Meiling $8,000,000 Western Resources Title
Stefanello Gary $5,500,000 Fidelity Title
Morris Donald E $4,892,500 Fidelity National Title Co
Morris Kathryn L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Guyuan $7,000,000
Previous Owner Stefanello Gary $3,850,000
Previous Owner Gibson Robert Gray $500,000
Previous Owner Gibson Robert Gray $2,500,000
Previous Owner Gibson Robert Gray $722,000
Previous Owner Gibson Robert Gray $727,000
Previous Owner Gibson Robert Gray $500,000
Previous Owner Gibson Robert Gray $731,000
Previous Owner Gibson Robert Gray $847,000
Previous Owner Gibson Robert $850,000
Previous Owner Gibson Robert $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $12,299,000 0.0% $2,335 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $12,295,000 +53.7% $2,334 / Sq Ft
09/02/2014 09/02/14 Sold $8,000,000 0.0% $1,429 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $7,999,999 +45.5% $1,429 / Sq Ft
07/30/2013 07/30/13 Sold $5,500,000 -7.6% $982 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
07/08/2012 07/08/12 Price Changed $5,950,000 -11.2% $1,063 / Sq Ft
05/07/2012 05/07/12 For Sale $6,700,000 -- $1,196 / 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 $132,711 $12,544,980 $10,312,080 $2,232,900
2024 $132,711 $12,299,000 $10,109,882 $2,189,118
2023 $71,880 $6,685,610 $4,775,436 $1,910,174
2022 $70,692 $6,554,520 $4,681,800 $1,872,720
2021 $68,371 $6,426,000 $4,590,000 $1,836,000
2020 $69,483 $6,426,000 $4,590,000 $1,836,000
2019 $68,221 $6,300,000 $4,500,000 $1,800,000
2018 $91,321 $8,450,128 $6,425,449 $2,024,679
2017 $91,214 $8,284,440 $6,299,460 $1,984,980
2016 $92,718 $8,122,000 $6,175,941 $1,946,059
2015 $91,998 $8,000,000 $6,083,172 $1,916,828
2014 $64,611 $5,500,000 $3,684,369 $1,815,631
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23093015

California Regional Multiple Listing Service (CRMLS)

APN: 473-162-11