$10,100,000
SOLD JUL 27, 2017
6 Beds
8 Baths
8,900 Sq Ft
0.41 Acres

Recently Sold

$1,135 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • 24-Hour Security
  • Newport Coast Elementary School Rated A
  • Wine Cellar
  • In Ground Spa

About This Home

As of October 2023

Situated on the premier view street behind the gates of Newport Coast’s exclusive Pelican Hill enclave (world-class resort, beaches, golf course and restaurants) this custom estate offers panoramic views of the ocean, harbor, Catalina Island and city lights -- expanding as far as downtown LA and local mountains. The moment you step inside the estate you are swept away by how open and grand it feels with soaring ceilings, skylights, and abundant natural light. The main level features a dramatic formal dining room, spacious living room, family room with full bar, wood-panelled office, and an over-sized epicurean kitchen, as well as a spacious breakfast room overlooking the view. The upper level offers a luxurious master suite with breathtaking views, balcony, marble fireplace and a spacious bathroom with a grand master closet. Three additional bedroom suites and private balconies complete this level. The lower level boasts a second family room with full bar, wine cellar, wood-panelled billiards room, a guest suite and a gym with sauna and separate bath. A beautifully landscaped yard with pool, waterfall slide and spa, and an outdoor living space is the heart of this property --perfect for family fun and entertaining. A finished four-car garage with security gate and expansive driveway finish this fine estate. Close proximity to world-class beaches and shopping, John Wayne airport, and the Performing Arts Center, come fall in love with this truly extraordinary private retreat.

Last Agent to Sell the Property

Heather Kidder

Arbor Real Estate License #01187466 Listed on: 05/30/2017

Arbor Real Estate

Co-Listed By

Stephanie Lowe

Compass License #01118318

Last Buyer's Agent

CINDY CHAN

Cindy Chan, Broker License #01055316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $171,843

Year Built

  • Built in 1996

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in good condition
  • Landscaped
  • Private Yard
  • Back Yard

HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Driveway
  • Auto Driveway Gate

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course
  • Mountain

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 8,900 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Game Room
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Spa
  • Heated Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Deck
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 14065
  • Assessor Parcel Number 47305132

Community Details

Overview

  • Newport Coast Association
  • Pelican Hill Association

Recreation

  • Golf Course Community

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$171,843

Year Built

Built in 1996

Lot Details

0

HOA Fees

$801 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Gated Community
  • Subdivision Name Other: Pelican Hill (NCPH)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47305132
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8900.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 3
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 1134.83
  • Room Type: Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Kitchen, Laundry, Living Room, Master Suite, Office, Sauna, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: In Ground, Private
  • Bathroom Features: Bathtub, Bidet, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, City Lights, Coastline, Golf Course, Harbor, Mountain(s), Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Deck, Patio, Stone, Terrace
  • Pool Features: Private, Waterfall, Heated
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Auto Driveway Gate, Gated, Oversized
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Pelican Hill
  • Amenities: Guard, Security
  • Association Fee: 385.00
  • Association #2 Fee: 416.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast
  • Senior Community: No
  • Community Features: Golf, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 18000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 88
  • Tax Tract Number: 14065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Sep 13, 2023
Sold by
Yin Li and Yin Weilin
Bought by
Sailview Coast Capital Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Daisy Dai
eXp realty of Greater Los Angeles
List Price
$18,680,000
Sold Price
$15,950,000
Premium/Discount to List
-$2,730,000
-14.61%
Views
329
Current Estimated Value
$13,143,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,806,760
Avg. Annual Appreciation
-11.36%

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 14, 2017
Sold by
The Peykoff Family Trust
Bought by
Yin Li and Shen Weilin
Seller's Agent
Heather Kidder
Arbor Real Estate
Buyer's Agent
CINDY CHAN
Cindy Chan, Broker
List Price
$10,380,000
Sold Price
$10,100,000
Premium/Discount to List
-$280,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
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 $15,950,000 Lawyers Title Company
Grant Deed $10,100,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $15,950,000 -14.6% $1,730 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $18,680,000 +17.1% $2,026 / Sq Ft
04/25/2023 04/25/23 Off Market $15,950,000 -- --
04/19/2023 04/19/23 For Sale $18,680,000 +17.1% $2,026 / Sq Ft
04/04/2023 04/04/23 Off Market $15,950,000 -- --
10/14/2022 10/14/22 For Sale $18,680,000 +85.0% $2,026 / Sq Ft
07/27/2017 07/27/17 Sold $10,100,000 -2.7% $1,135 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $10,380,000 -- $1,166 / 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 $171,843 $16,269,000 $12,914,337 $3,354,663
2024 $171,843 $15,950,000 $12,661,114 $3,288,886
2023 $118,569 $11,045,825 $8,273,359 $2,772,466
2022 $116,613 $10,829,241 $8,111,137 $2,718,104
2021 $113,884 $10,616,903 $7,952,095 $2,664,808
2020 $113,381 $10,508,040 $7,870,556 $2,637,484
2019 $111,197 $10,302,000 $7,716,231 $2,585,769
2018 $108,979 $10,100,000 $7,564,932 $2,535,068
2017 $34,233 $3,061,739 $1,216,721 $1,845,018
2016 $35,797 $3,001,705 $1,192,863 $1,808,842
2015 $35,552 $2,956,617 $1,174,945 $1,781,672
2014 $34,734 $2,898,701 $1,151,929 $1,746,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17120451

California Regional Multiple Listing Service (CRMLS)

APN: 473-051-32