$8,753,000 - $10,486,752
RENTED MAY 5, 2025
5 Beds
4.5 Baths
5,563 Sq Ft
$1,714 Price per Sq Ft

Last Sold May 20, 2019

Last sale price $5,600,000 $1,007 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $56,679/month

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Filtered Pool
  • Fireplace in Primary Bedroom Retreat

About This Home

As of May 2025

Tucked away at the end of a peaceful cul-de-sac in the prestigious enclave of Pelican Ridge Estates, 5 Windemere Court captures the essence of luxurious coastal living and raises the bar as the crown jewel of the neighborhood. Set on one of the community’s most generous ocean-view parcels, this newly remodeled cuatom estate is a rare offering of privacy, scale, and sophistication. Panoramic vistas stretch from the Pacific Ocean and Newport Harbor to sparkling city lights that dazzle after sunset—an ever-changing backdrop to daily life. Spanning approximately 5,563 square feet, the home features 5 en-suite bedrooms, a dedicated executive office, and 4.5 baths, all thoughtfully designed for both grand entertaining and everyday comfort. An open concept floor plan combines indoor and outdoor living, with soaring ceilings and expansive windows that flood the interiors with natural light and frame stunning coastal views. New wood flooring, custom Millwork adorning the walls, and custom cabinetry, all complement the home’s aura. The heart of the home—a chef’s kitchen open to the family room—invites connection and effortless entertaining. Outside, a newly rebuilt backyard oasis yard offers multiple gathering spaces, including a covered built-in BBQ/bar , new pool & spa, and a putting green area ideal for everything from sunset dinners to weekend celebrations. The upstairs Primary suite, carefully positioned to capture panoramic views spanning from Crystal Cove to the Newport Harbor, rivals those of the world class resort just across the street. Custom marble showers, heated floors, and walk-in closet with Cleef Cabinetry, come together to create a living experience that embodies Newport Coast at its finest. Positioned just moments from world-class shopping, dining, and top-rated schools, this refined residence offers a coveted blend of seclusion, elegance, and access to everything Newport Coast has to offer.

Last Agent to Rent the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 04/15/2025

Co-Listed By

Sahand Zargari

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

Last Renter's Agent

Alexandria Yates

Greenway Commercial Holdings, LTD License #01962768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,011

Year Built

  • Built in 1994

Lot Details

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

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Harbor
  • City Lights
  • Hills

Interior Spaces

  • 5,563 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • Filtered Pool
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $39,995
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Available 4/15/25
  • Tax Lot 23
  • Tax Tract Number 14038
  • Assessor Parcel Number 47708145

Community Details

Overview

  • Pelican Ridge Estates Association, Phone Number (800) 428-5588
  • Newport Coast Community Association, Phone Number (800) 428-5588
  • First Service Residentilal HOA
  • Pelican Ridge Estates Subdivision

Recreation

  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,011

Year Built

Built in 1994

Lot Details

0

HOA Fees

$964 per month

Parking

3

Rental Info

  • Available Date: 2025-04-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Pets: 2000
  • Deposit Security: 39995
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Co Agent
  • Other Phone Number: 949.444.3896
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47708145
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5563.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Recessed Lighting, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 12.58
  • Room Type: Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath

Exterior Features

  • View: City Lights, Harbor, Hills, Ocean
  • Pool Features: Private, Filtered, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Community Association
  • Amenities: Pool, Guard
  • Association Fee: 469.12
  • Association #2 Fee: 494.79
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge Estates
  • Phone: 800.428.5588
  • Association Phone #2: 800.428.5588
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: First Service Residentilal

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14903.00
  • Lot Size Acres: 0.3421

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 14903.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 23
  • Tax Tract Number: 14038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Gustin Timothy M and Gustin Tram D
Bought by
Gustin Timothy M and Gustin Tram Do
Current Estimated Value
$9,200,500

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
Outstanding Balance
$1,797,007
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,739,181

Purchase Details

Listed on
Sep 12, 2018
Closed on
Apr 25, 2019
Sold by
The Bonvicini Family Trust
Bought by
Timothy And Tram Do Gustin Family Trust
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
JudyTrang Uong
Judy Trang Uong, Broker
List Price
$5,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$395,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Dec 21, 2018
Sold by
Bonvicini Pierluigi
Bought by
Bonvicini Pierluigi and The Bonvicini Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2014
Sold by
Bonvicini Pierluigi
Bought by
Bonvicini Pierluigi and The Bonvicini Family Trust

Purchase Details

Closed on
Apr 29, 2008
Sold by
Bonvicini Pierluigi
Bought by
Bonvicini Pierluigi and Bonvicini Living Trust

Purchase Details

Closed on
Jan 11, 2008
Sold by
Bonvicini Catherine
Bought by
Bonvicini Pierluigi

Purchase Details

Closed on
Jul 29, 2002
Sold by
Bonvicini Catherine and Bonvicini Pierluigi
Bought by
Bonvicini Pierluigi and Bonvicini Catherine

Purchase Details

Closed on
Oct 20, 1999
Sold by
Avery Robert E and Avery Suzanne R
Bought by
Bonvicini Pierluigi and Bonvicini Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Bierlein Patricia F
Bought by
Avery Robert E and Avery Suzanne R
Source: Public Records

Range of Values:

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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
Gustin Timothy M -- Chicago Title Company
Timothy And Tram Do Gustin Family Trust $5,600,000 North American Title Company
Bonvicini Pierluigi -- Accommodation
Bonvicini Pierluigi -- Stewart Title Of California
Bonvicini Pierluigi -- None Available
Bonvicini Pierluigi -- None Available
Bonvicini Pierluigi -- Accommodation
Bonvicini Pierluigi -- California Title Company
Bonvicini Pierluigi -- California Title Company
Bonvicini Catherine -- California Title Company
Bonvicini Pierluigi -- --
Bonvicini Pierluigi $2,200,000 Fidelity National Title Ins
Avery Robert E $2,575,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustin Timothy M $2,000,000
Previous Owner Bonvicini Pierluigi $2,300,000
Previous Owner Bonvicini Pierluigi $1,350,000
Previous Owner Bonvicini Pierluigi $1,285,000
Previous Owner Bonvicini Pierluigi $980,802
Previous Owner Bonvicini Pierluigi $988,000
Previous Owner Bonvicini Pierluigi $1,500,000
Previous Owner Bonvicini Pierluigi $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Rented $70,000 +75.0% --
04/15/2025 04/15/25 For Rent $39,995 0.0% --
05/20/2019 05/20/19 Sold $5,600,000 -6.6% $1,007 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $5,995,000 0.0% $1,078 / Sq Ft
02/05/2019 02/05/19 For Sale $5,995,000 +7.1% $1,078 / Sq Ft
12/03/2018 12/03/18 Off Market $5,600,000 -- --
11/21/2018 11/21/18 Price Changed $5,695,000 -5.0% $1,024 / Sq Ft
09/12/2018 09/12/18 For Sale $5,995,000 -- $1,078 / 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 $67,011 $6,321,010 $5,135,455 $1,185,555
2024 $67,011 $6,197,069 $5,034,760 $1,162,309
2023 $65,456 $6,075,558 $4,936,039 $1,139,519
2022 $64,372 $5,956,430 $4,839,254 $1,117,176
2021 $62,685 $5,839,638 $4,744,367 $1,095,271
2020 $61,921 $5,712,000 $4,695,720 $1,016,280
2019 $33,244 $3,040,766 $2,219,653 $821,113
2018 $32,588 $2,981,144 $2,176,131 $805,013
2017 $32,936 $2,922,691 $2,133,462 $789,229
2016 $34,320 $2,865,384 $2,091,630 $773,754
2015 $34,079 $2,822,344 $2,060,212 $762,132
2014 $33,295 $2,767,059 $2,019,856 $747,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25082562

California Regional Multiple Listing Service (CRMLS)

APN: 477-081-45