Seller's Agent in 2018
Rex Mckown
Compass
(949) 689-5018
17 in this area
56 Total Sales
6 Pinnacle Point Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $9,055,000 - $10,994,348
5
Beds
5.5
Baths
5,725
Sq Ft
$1,745/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Private Pool
- Newport Coast Elementary School Rated A
- Gated with Attendant
- Primary Bedroom Suite
About This Home
As of December 2018Located along the coveted Southern California Riviera coastline. This custom estate with over $1M in recent design and technical improvements resides atop the highest hill in the exclusive Pelican Ridge gated enclave. The estate retains timeless architectural design with amazing year-round Pacific views and twinkling harbor lights with endless sunsets.
From the instant you first arrive, authenticity is present with distinguished handcrafted wrought iron entry gate to the wine cellar with its old-world brick and meticulously-cut wine barrel slats on cellar floors.
An immensely refined kitchen envisioned by a prominent chef through French doors leading to a spacious floral garden yard with a large gourmet barbecue area in a flower covered gazebo. A large pool and spa adjacent to a toasty outdoor fireplace gathering area, this classic 5 bedroom, 5½ bath estate with its majestic outdoor scene truly illustrates what marks Newport Coast, the envy of the California Riviera coastline.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $80,827
Year Built
- Built in 1998
Lot Details
- 0.36 Acre Lot
- Cul-De-Sac
HOA Fees
Parking
- 3 Car Garage
- Parking Available
Property Views
- Ocean
- Coastline
- Catalina
- City Lights
Home Design
- Mediterranean Architecture
- Turnkey
- Stucco
Interior Spaces
- 5,725 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- French Doors
- 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
- Double Convection Oven
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Utility Sink
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Separate Shower
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Outdoor Fireplace
- Outdoor Grill
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 14038
- Assessor Parcel Number 47707127
Community Details
Overview
- Pelican Ridge Association, Phone Number (949) 448-6181
Amenities
- Clubhouse
- Billiard Room
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2024
Sold by
Dong Yanxia
Bought by
6 Pinnacle Llc
Current Estimated Value
Purchase Details
Closed on
Sep 11, 2023
Sold by
Song Gewei
Bought by
Dong Yanxia
Purchase Details
Listed on
Feb 21, 2018
Closed on
Oct 30, 2018
Sold by
Frink Albert A and Frink Denise L
Bought by
Song Gewei and Bong Yanxia
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Helen Wong
Imax Realty & Mortgage Inc.
List Price
$7,688,000
Sold Price
$6,830,000
Premium/Discount to List
-$858,000
-11.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$2,500,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2007
Sold by
Robinson Mark P
Bought by
Frink Albert A and Frink Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2006
Sold by
Robinson Mark P
Bought by
Robinson Mark P and Mark P Robinson Family Trust
Purchase Details
Closed on
Oct 21, 1997
Sold by
Catellus Residential Ocean Ridge Inc
Bought by
Pievac Samuel Scott and Pievac Deborah Lyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.36%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 6 Pinnacle Llc | -- | None Listed On Document | |
| Dong Yanxia | -- | None Listed On Document | |
| Song Gewei | $6,830,000 | Lawyers Title | |
| Frink Albert A | -- | First American Title Co | |
| Robinson Mark P | -- | None Available | |
| Pievac Samuel Scott | $1,241,000 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Song Gewei | $2,500,000 | |
| Previous Owner | Frink Albert A | $1,100,000 | |
| Previous Owner | Pievac Samuel Scott | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/26/2018 12/26/18 | Sold | $6,830,000 | -11.2% | $1,193 / Sq Ft |
| 10/28/2018 10/28/18 | Pending | -- | -- | -- |
| 02/21/2018 02/21/18 | For Sale | $7,688,000 | -- | $1,343 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $80,827 | $8,670,000 | $7,229,605 | $1,440,395 |
| 2024 | $80,827 | $7,469,600 | $6,296,696 | $1,172,904 |
| 2023 | $78,954 | $7,323,138 | $6,173,232 | $1,149,906 |
| 2022 | $77,649 | $7,179,548 | $6,052,189 | $1,127,359 |
| 2021 | $75,702 | $7,038,773 | $5,933,519 | $1,105,254 |
| 2020 | $75,534 | $6,966,600 | $5,872,679 | $1,093,921 |
| 2019 | $74,145 | $6,830,000 | $5,757,528 | $1,072,472 |
| 2018 | $48,746 | $4,488,000 | $3,331,737 | $1,156,263 |
| 2017 | $48,821 | $4,400,000 | $3,266,408 | $1,133,592 |
| 2016 | $48,123 | $4,149,152 | $3,015,560 | $1,133,592 |
| 2015 | $48,431 | $4,149,152 | $3,015,560 | $1,133,592 |
| 2014 | $48,188 | $4,149,152 | $3,015,560 | $1,133,592 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
Marcy Weinstein
Seller Co-Listing Agent in 2018
Marcy Weinstein
Compass
(949) 689-3550
14 in this area
40 Total Sales
-
Helen Wong
Buyer's Agent in 2018
Helen Wong
Imax Realty & Mortgage Inc.
(626) 715-8333
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18040887
APN: 477-071-27
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