$3,737,000 - $13,606,727
RENTED MAR 6, 2025
5 Beds
7 Baths
6,546 Sq Ft
$1,345 Price per Sq Ft

Highlights

  • Ocean View
  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of March 2025

Nestled on a tranquil cul-de-sac, this 5-bedroom, 5-full and 2-half bath Pelican Crest residence embodies the essence of luxury living. Commanding breathtaking views of the Pacific, coastal hillsides, and canyons, the home is surrounded by lush grounds, offering an optimal layout for both comfortable living and entertaining. The floor plan, reminiscent of a Hamptons residence, features generously scaled rooms filled with natural light. From the formal entry foyer, you seamlessly transition through formal living and dining rooms to a chef's kitchen with a breakfast area and an expansive family room. These inviting spaces effortlessly connect to the backyard oasis, showcasing lawns, sun terraces, pool, BBQ, bar, and mesmerizing views.
The main level also includes a guest room with an ensuite bath, an office, two powder rooms, and a 4-car garage. Dual staircases guide you to the upstairs bedroom suites, highlighted by a stunning master suite with panoramic views, a sitting area with a fireplace, and a luxurious master bath suite. Another junior master suite complements this level, along with two additional guest rooms with ensuite baths and a connecting lounge. Throughout the interiors, coastal traditional style is elegantly displayed with hardwood floors, wainscoting, artisan stone and marble, coved and coffered ceilings, and more. This residence seamlessly integrates sophistication, functionality, and breathtaking aesthetics.

Last Agent to Rent the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 12/19/2023

Co-Listed By

Sahand Zargari

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01985671

Last Renter's Agent

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 12/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,292

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,546 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $29,995
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 2/1/24
  • Tax Lot 28
  • Tax Tract Number 15604
  • Assessor Parcel Number 47313215

Community Details

Overview

  • Property has a Home Owners Association
  • Pelican Crest Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,292

Year Built

Built in 2002

Lot Details

0

Parking

4

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2024-02-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 250
  • Deposit Pets: 500
  • Deposit Security: 29995
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47313215
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6546.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.82
  • Room Type: Family Room, Formal Entry, Main Floor Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16949.00
  • Lot Size Acres: 0.3891

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 16949.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 28
  • Tax Tract Number: 15604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2003
Sold by
Ibar Development
Bought by
Shoraka Taghi and Shoraka Khojasteh
Current Estimated Value
$8,807,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
5 Shoreridge 28 Llc
Bought by
Ibar Development Llc

Purchase Details

Closed on
Jan 30, 2002
Sold by
5 Shoreridge 28 Llc
Bought by
Karabayev Askar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Tokbergenova Amina
Bought by
Karabayev Askar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.25%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Ibar Development Llc
Bought by
5 Shoreridge 28 Llc
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
Shoraka Taghi -- Stewart Title
Ibar Development -- Stewart Title
Ibar Development Llc -- United Title Company
Karabayev Askar $4,000,000 United Title Company
Karabayev Askar -- United Title Company
5 Shoreridge 28 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoraka Khojasteh $2,000,000
Closed Shoraka Taghi $1,000,000
Previous Owner Shoraka Taghi $1,000,000
Previous Owner Karabayev Askar $2,000,000
Previous Owner Ibar Development Llc $2,080,000
Closed Shoraka Taghi $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Rented $25,000 -16.7% --
01/24/2025 01/24/25 For Rent $29,995 0.0% --
01/23/2025 01/23/25 Off Market $29,995 -- --
04/08/2024 04/08/24 Price Changed $29,995 -13.1% $5 / Sq Ft
02/07/2024 02/07/24 Price Changed $34,500 -9.2% $5 / Sq Ft
12/19/2023 12/19/23 For Rent $37,995 +181.4% --
06/25/2014 06/25/14 Rented $13,500 0.0% --
06/25/2014 06/25/14 For Rent $13,500 +3.8% --
09/14/2012 09/14/12 Rented $13,000 0.0% --
09/14/2012 09/14/12 Under Contract -- -- --
08/28/2012 08/28/12 For Rent $12,999 -- --
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 $54,292 $5,154,009 $2,668,240 $2,485,769
2024 $54,292 $5,052,950 $2,615,921 $2,437,029
2023 $53,107 $4,953,873 $2,564,628 $2,389,245
2022 $52,228 $4,856,739 $2,514,341 $2,342,398
2021 $50,282 $4,761,509 $2,465,040 $2,296,469
2020 $50,842 $4,712,686 $2,439,764 $2,272,922
2019 $49,971 $4,620,281 $2,391,926 $2,228,355
2018 $48,981 $4,529,688 $2,345,026 $2,184,662
2017 $49,598 $4,440,871 $2,299,045 $2,141,826
2016 $51,967 $4,353,796 $2,253,966 $2,099,830
2015 $51,629 $4,288,398 $2,220,109 $2,068,289
2014 $50,464 $4,204,395 $2,176,620 $2,027,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23225661

California Regional Multiple Listing Service (CRMLS)

APN: 473-132-15