3 Skycrest Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $4,170,000 - $21,503,369
4
Beds
8
Baths
12,554
Sq Ft
$1,023/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Private Pool
- 0.49 Acre Lot
- Newport Coast Elementary School Rated A
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
About This Home
As of June 2021Nestled atop a premiere ocean view parcel within Newport Coast’s exclusive private Pelican Crest community this estate offers everything that could be desired in a Coastal sanctuary. At just over 12,500 sqft of living space the property showcases views spanning from Downtown LA and the Palos Verdes peninsula stretching down to Newport Harbor and white water coastlines with year round sunsets and Catalina resting in the backdrop. Offering gracious bedroom suites and expansive light and bright common areas this property mimics the comfort and amenities of the finest hotels and resorts. As you enter the private motor court you are greeted by a vast foyer flanked by library/ office and formal sitting room that welcomes you to the rest of the properties offerings which include but are not limited to: Ocean facing great room with pocket doors that open to pool and loggia, bar with lounge area, morning room, formal dining, powder rooms, Mandarin Oriental inspired Japanese spa, full gym, staff apartment room, security/ staff office, and a pristine 3,500 sqft subterranean garage. The exteriors of the estate boast quality hardscapes and finely manicured landscapes, covered loggia, BBQ station with bar seating, and water features all centered around the infinity edge pool which seems to spill seamlessly into the great Pacific.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $195,046
Year Built
- Built in 2002
Lot Details
- 0.49 Acre Lot
- Cul-De-Sac
HOA Fees
- $1,015 Monthly HOA Fees
Parking
- 9 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Catalina
- City Lights
Home Design
- 12,554 Sq Ft Home
- Planned Development
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Utilities
- Central Air
- Private Water Source
Additional Features
- Laundry Room
- Private Pool
- Suburban Location
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 15105
- Assessor Parcel Number 47308329
Community Details
Overview
- Pelican Crest Association, Phone Number (855) 333-5149
- Firstservice Residential HOA
- Pelican Crest Subdivision
Security
- Security Guard
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2020
Closed on
May 24, 2021
Sold by
Katayama Yaeko and Long Emiko Katayama
Bought by
Tan Tiansheng and Jiang Jacqueline
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Kewen Qian
JC Pacific Capital Inc.
List Price
$19,500,000
Sold Price
$17,100,000
Premium/Discount to List
-$2,400,000
-12.31%
Total Days on Market
139
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
-$4,263,315
Avg. Annual Appreciation
-7.00%
Purchase Details
Closed on
Mar 20, 2019
Sold by
Long Jeffrey W and Long Emiko K
Bought by
Jeffrey W Long And Emiko K Long Trust
Purchase Details
Closed on
Aug 9, 2016
Sold by
Katayama Yaeko
Bought by
Katayama Yaeko and Long Emiko Katayama
Purchase Details
Closed on
Mar 21, 2006
Sold by
Long Jeffrey W and Long Emiko K
Bought by
Long Jeffrey W and Long Emiko K
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tan Tiansheng | $17,100,000 | California Best Title | |
| Jeffrey W Long And Emiko K Long Trust | -- | None Available | |
| Long Jeffrey W | -- | None Available | |
| Katayama Yaeko | -- | None Available | |
| Long Jeffrey W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bj Family Trust | $5,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $17,100,000 | -12.3% | $1,362 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 01/05/2021 01/05/21 | For Sale | $19,500,000 | +14.0% | $1,553 / Sq Ft |
| 12/22/2020 12/22/20 | Off Market | $17,100,000 | -- | -- |
| 12/21/2020 12/21/20 | For Sale | $19,500,000 | -- | $1,553 / 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 |
|---|---|---|---|---|
| 2024 | $195,046 | $18,146,656 | $12,989,156 | $5,157,500 |
| 2023 | $190,524 | $17,790,840 | $12,734,467 | $5,056,373 |
| 2022 | $187,387 | $17,442,000 | $12,484,771 | $4,957,229 |
| 2021 | $77,331 | $7,262,139 | $4,188,833 | $3,073,306 |
| 2020 | $77,304 | $7,187,675 | $4,145,881 | $3,041,794 |
| 2019 | $75,876 | $7,046,741 | $4,064,590 | $2,982,151 |
| 2018 | $74,365 | $6,908,570 | $3,984,892 | $2,923,678 |
| 2017 | $73,822 | $6,773,108 | $3,906,757 | $2,866,351 |
| 2016 | $75,963 | $6,640,302 | $3,830,153 | $2,810,149 |
| 2015 | $75,357 | $6,540,559 | $3,772,621 | $2,767,938 |
| 2014 | $73,594 | $6,412,439 | $3,698,721 | $2,713,718 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
Seller's Agent in 2021
Rex Mckown
Compass
(949) 689-5018
19 in this area
59 Total Sales
-
Marcy Weinstein
Seller Co-Listing Agent in 2021
Marcy Weinstein
Compass
(949) 689-3550
16 in this area
42 Total Sales
-
Kewen Qian
K
Buyer's Agent in 2021
Kewen Qian
JC Pacific Capital Inc.
(949) 402-7400
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20248250
APN: 473-083-29
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