$7,200,000
SOLD APR 17, 2013
6 Beds
6.5 Baths
8,358 Sq Ft
0.3 Acres

Recently Sold

$861 Per Sq Ft

7% Below List Price

49 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • In Ground Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • Fireplace in Primary Bedroom Retreat

About This Home

As of April 2013

Exquisitely crafted finishes are the hallmark of this Pelican Crest
custom estate designed in the French palatial style by architect David
Pierce Hohmann. The six bedroom, six and one half bath estate with views of the
ocean, Catalina Island, Newport Harbor and Pelican Hill Golf Course
features a gourmet kitchen, wood paneled library and tiered media
room. Attention to detail is apparent in the artisan crafted ironworks
throughout the home, solid walnut flooring with exotic wood inlays,
coffered and domed ceilings with dramatic crystal chandeliers and
abundant use of imported Italian marble. The formal living room
fireplace is carved of a single slab of Jerusalem marble and window
treatments of luxurious silk with French Houles trim and tassel.
Additional features include a luxurious master suite, formal dining
room, separate downstairs staff quarters, saltwater pool/spa and a
five car subterranean garage. This breathtaking estate is located in
the exclusive gated community in Newport Coast.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 02/20/2013

Pacific Sotheby's Int'l Realty

Co-Listed By

Kathryn White

Coldwell Banker Realty License #01346645

Last Buyer's Agent

PETER LIAO

Wetrust Realty License #00938908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156,008

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Back Yard

HOA Fees

Parking

  • 5 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • French Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 8,358 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Crown Molding
  • Coffered Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer Paid

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 47311104

Home Details

Home Type

Single Family

Est. Annual Taxes

$156,008

Year Built

Built in 2005

Lot Details

0

HOA Fees

$658 per month

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: French, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47311104
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8358.00
  • Interior Amenities: Balcony, Coffered Ceiling(s), Crown Molding, Elevator
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Library, Master Retreat, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 861.45
  • Room Type: Bonus Room, Den, Family Room, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Walk-In Pantry, Office, Home Theatre
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 405.00
  • Association #2 Fee: 253.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 13161.00
  • Lot Size Acres: 0.3020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13161.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Mololo Llc
Bought by
Xu Kun and Yang Tingting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Outstanding Balance
$6,375,318
Interest Rate
7%
Mortgage Type
Construction
Estimated Equity
$4,412,981

Purchase Details

Closed on
May 1, 2023
Sold by
Chen Ruowen
Bought by
Mololo Llc

Purchase Details

Listed on
Feb 20, 2013
Closed on
Apr 9, 2013
Sold by
Shaygan Farzad and Shaygan Fariba
Bought by
Chen Ruowen
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
PETER LIAO
Wetrust Realty
List Price
$7,750,000
Sold Price
$7,200,000
Premium/Discount to List
-$550,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Jul 23, 2003
Sold by
Shaygan Farzad and Shaygan Fariba
Bought by
Shaygan Dds Farzad and Shaygan Fariba
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 -- Fidelity National Title
Grant Deed $14,500,000 Fidelity National Title
Grant Deed $7,200,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,500,000 Construction
Previous Owner $999,999 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $27,660,000 +284.2% $3,306 / Sq Ft
04/17/2013 04/17/13 Sold $7,200,000 -7.1% $861 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $7,750,000 -- $927 / 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 $156,008 $14,790,000 $10,815,832 $3,974,168
2024 $156,008 $14,500,000 $10,603,756 $3,896,244
2023 $91,234 $8,521,995 $5,144,303 $3,377,692
2022 $89,729 $8,354,898 $5,043,435 $3,311,463
2021 $87,041 $8,191,077 $4,944,544 $3,246,533
2020 $87,267 $8,107,088 $4,893,844 $3,213,244
2019 $85,631 $7,948,126 $4,797,886 $3,150,240
2018 $83,926 $7,792,281 $4,703,810 $3,088,471
2017 $83,952 $7,639,492 $4,611,579 $3,027,913
2016 $85,618 $7,489,699 $4,521,156 $2,968,543
2015 $84,967 $7,377,197 $4,453,244 $2,923,953
2014 $83,018 $7,232,688 $4,366,011 $2,866,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13027002

California Regional Multiple Listing Service (CRMLS)

APN: 473-111-04