Seller's Agent in 2024
Rex Mckown
Compass
(949) 689-5018
17 in this area
56 Total Sales
3 Pinnacle Point Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,970,000 - $9,298,000
4
Beds
4.5
Baths
4,176
Sq Ft
$2,054/Sq Ft
Est. Value
Highlights
- Ocean View
- Main Floor Bedroom
- Walk-In Closet
- Newport Coast Elementary School Rated A
- 3 Car Attached Garage
- Security Guard
About This Home
As of May 2024This extraordinary and rare single level property in the highly sought-after guard-gated community of Pelican Ridge, Newport Coast. This exquisite residence offers a rare opportunity to experience coastal living at its finest with the communities added layer of privacy and tranquility. With 4 spacious bedrooms (one currently converted into an office suite), 4.5 luxurious bathrooms, and an open, sunlit floor plan with soaring ceiling heights, this home provides a versatile canvas for your personalized design vision. The property hosts light bright communal living areas centered around fireplaces and exquisite woodwork, a chef's dream kitchen, formal dining room open to front courtyard melding the interiors with the exterior grounds, oversized garage with ample storage, and a primary bedroom retreat reminiscent of the finest coastal resorts showcasing extraordinary vistas. Awe-inspiring canyon-to-Pacific Ocean with city lights views await from the comfort of your expansive lanais, where you can relish every sunset and create cherished memories. The mature, enchanting hardscape and landscapes add to the property's allure. Located in a neighborhood that boasts 24-hour security and patrols, this residence is your invitation to coastal bliss, ready for your personal touch and endless design possibilities. Don't miss this chance to own a piece of the coastal dream in Pelican Ridge.
Last Agent to Sell the Property
Compass Brokerage Phone: 949-689-5018 License #01275953 Listed on: 03/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,898
Year Built
- Built in 1997
Lot Details
- 0.31
HOA Fees
- $935 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Coastline
- Harbor
- City Lights
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 4,176 Sq Ft Home
- 1-Story Property
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
Additional Features
- 0.31 Acre Lot
- Suburban Location
- Central Air
Listing and Financial Details
- Tax Lot 53
- Tax Tract Number 14038
- Assessor Parcel Number 47707121
- $1,179 per year additional tax assessments
Community Details
Overview
- Pelican Ridge Association, Phone Number (949) 448-6000
- Firstservice Residential HOA
- Pelican Ridge Estates Subdivision
Security
- Security Guard
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2024
Closed on
Apr 17, 2024
Sold by
Richard And Deborah Polonsky Trust and Polonsky Deborah M
Bought by
Tong Vincent and Tong Ellen
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Karla Stagman
Compass
List Price
$8,475,000
Sold Price
$8,570,000
Premium/Discount to List
$95,000
1.12%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,777
Avg. Annual Appreciation
-3.85%
Purchase Details
Closed on
Jul 6, 2016
Sold by
Polonsky Deborah M and Polonsky Richard A
Bought by
Polonsky Richard A and Polonsky Deborah M
Purchase Details
Closed on
Dec 14, 2012
Sold by
Polonsky Deborah M
Bought by
Polonsky Deborah M and Deborah M Polonsky Personal Residence Tr
Purchase Details
Closed on
May 6, 2003
Sold by
Zinngrabe Carol A
Bought by
Polonsky Richard A and Polonsky Deborah M
Purchase Details
Closed on
Oct 24, 2001
Sold by
Zinngrabe Carol A
Bought by
Zinngrabe Carol A and The Carol A Zinngrabe 2001 Revocable Sep
Purchase Details
Closed on
Jan 3, 2001
Sold by
Zinngrabe Robert J
Bought by
Zinngrabe Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.72%
Purchase Details
Closed on
Oct 14, 1997
Sold by
Catellus Residential Ocean Ridge Inc
Bought by
Zinngrabe Robert J and Zinngrabe Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,500
Interest Rate
7%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tong Vincent | $8,570,000 | Lawyers Title | |
| Polonsky Richard A | -- | None Available | |
| Polonsky Deborah M | -- | None Available | |
| Polonsky Richard A | -- | None Available | |
| Polonsky Deborah M | -- | None Available | |
| Polonsky Richard A | -- | None Available | |
| Polonsky Richard A | -- | None Available | |
| Polonsky Richard A | -- | First American Title Co | |
| Zinngrabe Carol A | -- | -- | |
| Zinngrabe Carol A | -- | New Century Title Company | |
| Zinngrabe Robert J | $1,242,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zinngrabe Carol A | $1,400,000 | |
| Previous Owner | Zinngrabe Robert J | $931,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $8,570,000 | +1.1% | $2,052 / Sq Ft |
| 03/15/2024 03/15/24 | Pending | -- | -- | -- |
| 03/04/2024 03/04/24 | For Sale | $8,475,000 | -- | $2,029 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $36,898 | $8,741,400 | $7,625,328 | $1,116,072 |
| 2024 | $36,898 | $3,406,435 | $2,630,564 | $775,871 |
| 2023 | $36,115 | $3,339,643 | $2,578,985 | $760,658 |
| 2022 | $35,514 | $3,274,160 | $2,528,416 | $745,744 |
| 2021 | $34,377 | $3,209,961 | $2,478,839 | $731,122 |
| 2020 | $34,604 | $3,177,047 | $2,453,421 | $723,626 |
| 2019 | $34,073 | $3,114,752 | $2,405,314 | $709,438 |
| 2018 | $33,401 | $3,053,679 | $2,358,151 | $695,528 |
| 2017 | $33,749 | $2,993,803 | $2,311,912 | $681,891 |
| 2016 | $35,171 | $2,935,101 | $2,266,580 | $668,521 |
| 2015 | $34,930 | $2,891,014 | $2,232,534 | $658,480 |
| 2014 | $34,134 | $2,834,384 | $2,188,802 | $645,582 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
Marcy Weinstein
Seller Co-Listing Agent in 2024
Marcy Weinstein
Compass
(949) 689-3550
14 in this area
40 Total Sales
-
Karla Stagman
Buyer's Agent in 2024
Karla Stagman
Compass
(949) 294-5794
1 in this area
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24043613
APN: 477-071-21
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 7 Pinnacle Point
- 1 Pinnacle Point
- 2 Pinnacle Point
- 9 Pinnacle Point
- 6 Pinnacle Point
- 4 Pinnacle Point
- 8 Pinnacle Point
- 5 Ocean Ridge Dr
- 1 Ocean Ridge Dr
- 3 Ocean Ridge Dr
- 7 Ocean Ridge Dr
- 6 Kingsport Dr
- 4 Kingsport Dr
- 2 Kingsport Dr
- 8 Kingsport Dr
- 9 Ocean Ridge Dr
- 0 - Unit CRNP25121521
- 11 Ocean Ridge Dr
- 10 Kingsport Dr
- 18 Kingsport Dr