$49,995,000
NEW CONSTRUCTION $4M PRICE DROP

Estimated payment $284,346/month

Total Views 1,220,848
7 Beds
11 Baths
11,765 Sq Ft
$4,249 Price per Sq Ft

Highlights

  • Ocean View
  • Attached Guest House
  • Gated with Attendant
  • El Morro Elementary School Rated A+
  • Wine Cellar
  • Home Theater

About This Home

Crowning a coastal hill at the end of a private cul-de-sac behind double gates of the exclusive Estate Collection at Crystal Cove, this brand-new (2023) custom home is located on one of the most coveted streets in all of Newport Coast. Recalling the timeless prestige of a classic northern Italian villa, the grand residence is carefully positioned to capture breathtaking views. Impressive indoor and outdoor living areas frame panoramic vistas of the Pacific Ocean, Pelican Hill Golf Course, Newport Beach's harbor and channel, a verdant canyon, and romantic sunsets. First impressions are incomparable, with an oversized gated entry courtyard overlooking a lower-level courtyard and providing a private space for outdoor socializing, welcoming guests, and relaxing as the sea air refreshes. Served by a commercial-grade Garaventa Lift and highlighted by a stunning iron spiral staircase, the three-level residence embraces appx. 4,090 SF of balconies, decks, and courtyards, and appx. 11,765 SF of interiors which host seven en suite bedrooms and eight full and three-half baths. Enrichments include generously proportioned formal living and dining rooms, an office, wine cellar, 15-seat home theater, gym, maid's suite, guest house with private entrance, a secondary primary suite on the main level, and a subterranean garage spanning appx. 4,763 SF that can fit up to 15 cars. Calacatta marble flooring continues from living areas to a chef-inspired kitchen with top-of-the-line appliances, an oversized island, calacatta marble countertops, loggia, butler's pantry, and breakfast room. The primary suite opens to a covered ocean-view loggia and reveals an enormous walk-in closet, stone fireplace, espresso bar, and a luxurious five-star bath. Cantera limestone imported from Spain embellishes the exterior, while the interior offers Venetian plaster, Albertini windows and doors, book-matched Carrara marble, glass pocket doors to the outdoors, and custom alder cabinetry. Sparkling lights shine after dusk and lend enchantment to a massive vanishing-edge pool with glass tile, a fireplace-warmed cabana, loggias, large patios, and a built-in outdoor kitchen with a BBQ.

Listing Agent

Yasmeen Berri

Coldwell Banker Realty License #02071157 Listed on: 08/31/2023

Coldwell Banker Realty

Co-Listing Agent

Tim Smith

Coldwell Banker Realty License #01346878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,980

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Lawn
  • Back Yard

HOA Fees

  • $1,285 Monthly HOA Fees

Parking

  • 15 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course
  • Canyon

Home Design

  • Custom Home
  • Planned Development
  • Stone Siding
  • Plaster

Interior Spaces

  • 11,765 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Home Gym
  • Stone Flooring

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 16455
  • Assessor Parcel Number 47726108

Community Details

Overview

  • Crystal Cove Community Association, Phone Number (949) 833-2600
  • Keystone Pacific Property Management HOA
  • Crystal Cove Estate Collection Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,980

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,285 per month

Parking

15

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.678.1070
  • Other Phone Description: Showings
  • Other Phone Number: 949.478.2295
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47726108
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 11765.00 Square Feet
  • Interior Amenities: Elevator, Recessed Lighting, Stone Counters, Wet Bar
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4249.47
  • Room Type: Bonus Room, Exercise Room, Formal Entry, Foyer, Great Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Separate Family Room, Two Primaries, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, In Ground
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Attached
  • Exterior Features: Barbecue Private, Lighting
  • View: Canyon, Catalina, City Lights, Golf Course, Harbor, Ocean, Panoramic, Water
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Plaster, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 15.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Subterranean
  • Total Parking Spaces: 15.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Freezer, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Management, Controlled Access
  • Association Fee: 1285.00
  • Association Fee Frequency: Monthly
  • Association Name: Crystal Cove Community Association
  • Phone: 949.833.2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks
  • Association Management: Keystone Pacific Property Management

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20975.00
  • Lot Size Acres: 0.4815

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20975.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 51
  • Tax Tract Number: 16455

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $111,980 $10,333,931 $4,992,016 $5,341,915
2023 $105,232 $9,701,855 $4,894,134 $4,807,721
2022 $100,356 $9,255,409 $4,798,171 $4,457,238
2021 $81,989 $7,438,728 $4,704,090 $2,734,638
2020 $81,551 $7,390,494 $4,655,856 $2,734,638
2019 $64,933 $5,703,997 $4,564,565 $1,139,432
2018 $49,471 $4,225,064 $4,225,064 $0
2017 $48,082 $4,142,220 $4,142,220 $0
2016 $47,306 $4,061,000 $4,061,000 $0
2015 $5,602 $130,955 $130,955 $0
2014 $5,518 $128,390 $128,390 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $49,995,000 0.0% $4,249 / Sq Ft
03/16/2025 03/16/25 For Rent $149,000 0.0% --
02/10/2025 02/10/25 Off Market $149,000 -- --
02/10/2025 02/10/25 Off Market $49,995,000 -- --
09/04/2024 09/04/24 Price Changed $149,000 -9.7% $13 / Sq Ft
07/17/2024 07/17/24 For Rent $165,000 0.0% --
02/16/2024 02/16/24 Price Changed $49,995,000 -7.2% $4,249 / Sq Ft
08/31/2023 08/31/23 For Sale $53,895,000 -- $4,581 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $4,745,000 New Conventional
Closed $7,807,000 Construction
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23139104

California Regional Multiple Listing Service (CRMLS)

APN: 477-261-08