$4,087,000 - $5,480,000
RENTED JUL 14, 2025
3 Beds
3.5 Baths
3,000 Sq Ft
$1,554 Price per Sq Ft

Highlights

  • Ocean View
  • 24-Hour Security
  • In Ground Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • 1-minute walk to Los Trancos Canyon View Park

About This Home

As of July 2025

Perched high within the coveted, guard-gated enclave of Pelican Ridge, this exceptional contemporary retreat captures the soul with sweeping ocean and mountain views that greet you the moment you arrive. As you step through the front door, a wave of calm washes over you—this is more than a home; it’s a sanctuary. Every detail reflects a sense of peace and sophistication. Rich solid hardwood floors run throughout, grounding the home in warmth. The heart of the house—a stunning, fully remodeled kitchen—is outfitted with top-of-the-line Miele appliances and a sleek Subzero refrigerator, all opening gracefully into an inviting sitting room where laughter and connection naturally unfold. The luxurious main-floor primary suite is a personal haven, complete with custom-organized closets and a spa-inspired bathroom that beckons with a soaking tub, a separate glass shower, and serene dual vanities—your own private retreat at the end of each day. Downstairs, two beautifully appointed bedrooms offer quiet comfort, while a spacious bonus room—built-in entertainment center, and bar—sets the stage for unforgettable gatherings with family and friends. Step outside into a resort-style backyard where the view stretches endlessly over the Pacific. Lounge by the saltwater pool, melt into the bubbling spa beneath a cascading fountain, or find bliss in the sauna. Dine al fresco under retractable awnings, savoring sunset skies and ocean breezes from your private paradise.
Thoughtfully equipped with a laundry room, built-in garage storage, and even a second refrigerator, this home anticipates your every need. And with world-class destinations like Crystal Cove Beach, Pelican Hill Resort, and Fashion Island just minutes away, the best of Newport Coast living is right at your fingertips.This is where luxury meets tranquility—where every day feels like a vacation.

Last Agent to Rent the Property

Mila Evans

Key Home Group Brokerage Phone: 949-929-3952 License #01263108 Listed on: 05/30/2025

Last Renter's Agent

Mila Evans

Key Home Group Brokerage Phone: 949-929-3952 License #01263108 Listed on: 05/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,019

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 6,493 Sq Ft Lot
  • Landscaped
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Awning
  • Family Room with Fireplace
  • Living Room
  • Living Room Balcony
  • Dining Room
  • Home Theater
  • Bonus Room
  • Sauna
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Available 6/7/25
  • Tax Lot 62
  • Tax Tract Number 14859
  • Assessor Parcel Number 47714110

Community Details

Overview

  • Property has a Home Owners Association
  • Pelican Ridge Subdivision

Recreation

  • Hiking Trails

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,019

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-06-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 30000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Security System, Smoke Detector(s)
  • Subdivision Name Other: Pelican Ridge (NCPR)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47714110
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Living Room Balcony, Unfurnished
  • Stories: 2
  • Entry Location: front of the house
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.50
  • Room Type: Bonus Room, Family Room, Home Theatre, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Sauna, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Awning(s), Barbecue Private
  • View: Coastline, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 6493.00
  • Lot Size Acres: 0.1491

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6493.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 14859

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2004
Sold by
Rabinovich Lev and Rabinovich Roza
Bought by
Rabinovich Lev and Rabinovich Roza
Current Estimated Value
$4,661,652

Purchase Details

Closed on
Oct 18, 2001
Sold by
Cortens James D and Cortens Irene
Bought by
Rabinovich Lev and Rabinovich Roza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.57%

Purchase Details

Closed on
Jan 13, 1997
Sold by
Greystone Homes
Bought by
Cortens James D and Cortens Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,300
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rabinovich Lev -- --
Rabinovich Lev $990,000 First American Title Co
Cortens James D $735,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rabinovich Lev $275,000
Previous Owner Cortens James D $588,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Rented $13,500 -3.2% --
07/11/2025 07/11/25 Under Contract -- -- --
07/06/2025 07/06/25 Price Changed $13,950 -10.0% $5 / Sq Ft
05/30/2025 05/30/25 For Rent $15,500 +40.9% --
09/09/2020 09/09/20 Rented $11,000 0.0% --
08/30/2020 08/30/20 For Rent $11,000 -- --
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 $16,019 $1,488,115 $1,004,253 $483,862
2024 $16,019 $1,458,937 $984,562 $474,375
2023 $15,722 $1,430,331 $965,257 $465,074
2022 $15,457 $1,402,286 $946,331 $455,955
2021 $14,718 $1,374,791 $927,776 $447,015
2020 $15,051 $1,360,695 $918,263 $442,432
2019 $14,931 $1,334,015 $900,258 $433,757
2018 $14,642 $1,307,858 $882,606 $425,252
2017 $14,829 $1,282,214 $865,300 $416,914
2016 $16,593 $1,257,073 $848,333 $408,740
2015 $16,496 $1,238,191 $835,590 $402,601
2014 $16,116 $1,213,937 $819,222 $394,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25119482

California Regional Multiple Listing Service (CRMLS)

APN: 477-141-10