$7,605,497 - $9,285,000
RENTED JAN 3, 2025
4 Beds
4.5 Baths
4,596 Sq Ft
$1,808 Price per Sq Ft

Last Sold December 05, 2012

Last sale price $3,000,000 $653 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $48,553/month

Highlights

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

About This Home

As of January 2025

Nestled within the prestigious Pelican Ridge Estates guard-gated community, this exquisite estate is situated on an expansive 10,000+ square-foot lot, showcasing breathtaking panoramic views of the ocean, harbor, and city lights. Spanning approximately 4,500 square feet, this custom-designed home features a thoughtful layout with four ensuite bedrooms and an executive office. Upon entering, guests are welcomed by soaring ceilings in the foyer, creating a grand atmosphere. The seamless flow between the formal entry, family room, and kitchen embodies an open-concept design, prized for its practicality and sophisticated charm. Upstairs, the oversized master suite offers a luxurious retreat, complete with a spa-like bathroom that rivals the renowned Pelican Hill Resort just down the road. The resort-style backyard is an entertainer's dream, featuring a private pool, spa, BBQ area, and ample seating for al fresco gatherings. Rounding out this exceptional property is its prime location, just moments from world-class beaches, upscale shopping, and renowned restaurants. This stunning estate not only offers unparalleled luxury and comfort but also embodies a lifestyle of elegance and convenience that is truly unmatched.

Last Agent to Rent the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 10/14/2024

Co-Listed By

Annette *no signs* Curry

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01918918

Last Renter's Agent

Kaige Zhao

Real Broker License #02124324

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,227

Year Built

  • Built in 1992

Lot Details

  • 10,500 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 4,596 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air

Community Details

  • Property has a Home Owners Association
  • Pelican Ridge Estates Subdivision

Listing and Financial Details

  • Security Deposit $19,995
  • Available 10/14/24
  • Legal Lot and Block 47 / 4
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705154

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,227

Year Built

Built in 1992

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2024-10-14
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 2500
  • Deposit Security: 19995
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47705154
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4596.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.92
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Catalina, Coastline, Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10500.00
  • Lot Size Acres: 0.2410

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 10500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 626.43
  • Tax Lot: 47
  • Tax Tract Number: 14037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Nov 20, 2012
Sold by
Griffiths James M and Griffiths Diane M
Bought by
Ivy Club Apartments
Seller's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
Buyer's Agent
Staci Dancey
Surterre Properties Inc.
List Price
$3,388,000
Sold Price
$3,000,000
Premium/Discount to List
-$388,000
-11.45%
Current Estimated Value
$8,310,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,310,874
Avg. Annual Appreciation
7.64%
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
Ivy Club Apartments $3,000,000 California Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Rented $18,000 -10.0% --
10/14/2024 10/14/24 For Rent $19,995 0.0% --
09/30/2023 09/30/23 Rented $20,000 -11.1% --
09/13/2023 09/13/23 For Rent $22,500 +87.5% --
04/08/2017 04/08/17 Rented $12,000 -4.0% --
03/29/2017 03/29/17 For Rent $12,500 +8.7% --
12/22/2014 12/22/14 Rented $11,500 -8.0% --
11/22/2014 11/22/14 Under Contract -- -- --
09/18/2014 09/18/14 For Rent $12,500 0.0% --
03/10/2014 03/10/14 Rented $12,500 0.0% --
03/10/2014 03/10/14 For Rent $12,500 0.0% --
12/05/2012 12/05/12 Sold $3,000,000 -11.5% $667 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $3,388,000 -- $753 / 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 $39,227 $3,694,281 $2,644,665 $1,049,616
2024 $39,227 $3,621,845 $2,592,809 $1,029,036
2023 $38,392 $3,550,829 $2,541,970 $1,008,859
2022 $37,755 $3,481,205 $2,492,127 $989,078
2021 $36,565 $3,412,947 $2,443,262 $969,685
2020 $36,783 $3,377,952 $2,418,209 $959,743
2019 $36,208 $3,311,718 $2,370,793 $940,925
2018 $35,494 $3,246,783 $2,324,307 $922,476
2017 $35,833 $3,183,121 $2,278,732 $904,389
2016 $37,248 $3,120,707 $2,234,051 $886,656
2015 $36,985 $3,073,832 $2,200,494 $873,338
2014 $36,135 $3,013,620 $2,157,389 $856,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24212727

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-54