
Seller's Agent in 2022
Tim Smith
Coldwell Banker Realty
(949) 717-4711
17 in this area
697 Total Sales
Estimated Value: $3,179,000 - $29,733,896
An enchanting palatial estate behind the guarded gates of Pelican Crest. Reminiscent of an Italian villa, the five-bedroom residence is set on an appx. 300' deep parcel over 29,800 square feet affording unique privacy and extraordinary ocean, city, and Newport Harbor views. Enter through a gated whimsical garden featuring mature plantings, a soaring columned front entry, and stunning tuscan-style fountain. The stately interiors exude romantic details such as a polychromatic hand-painted Florentine-style dome accentuated by a Dennis & Leen rock crystal chandelier, floors inlayed in Italian limestone, venetian plaster walls, cast stone niches, solid mahogany entry doors to the library and living room, inlayed oak floors, and hand-carved Italian marble fireplace mantels. Exemplifying refined grandeur, the home is introduced by a dramatic double groin vaulted hall with checkerboard-style granite and limestone flooring and a solarium highlighted by a hand-carved Italian fountain that leads to one of three loggias. The reception rooms are scaled for entertaining. Among them, a living room upholstered in Italian silk strie and a formal dining room embellished in hand-glazed coffered ceilings, a crystal chandelier, and wool and silk damask wall coverings. The intimate family room is serviced by a built-in bar and features beamed ceilings, a wall of retractable leather books concealing television, and five sets of French doors opening onto two large loggias with a Formations fireplace mantel. Satisfying modern tastes, the chef's kitchen is accoutered with French limestone floors, quartzite counters, and a farmhouse-style sink. Equally impressive, the fully-paneled library offers redwood burl panels, private entrance to a powder room, hand-carved 22k chandelier, and French doors that open to a loggia. The fireplace-warmed primary suite occupies a separate wing of the second level and hosts upholstered walls, custom millwork, a private covered terrace overlooking the blue water vistas, large walk-in closet, and spa-like bath outfitted in Calacatta marble. The lower level is dedicated to a subterranean garage, bar servicing a billiards room with wood flooring and limestone walls, dry sauna, and theater. Additional highlights include an elevator, paneled walls, and hand-glazed pilasters. Near world-class dining, shopping, entertainment, and dressed with every amenity imaginable, this exceptional abode is the epitome of timeless elegance.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 02/21/2022
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Halim Raouf Y | -- | First American Title Ins Co |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Halim Raouf Y | $500,000 | |
Open | Halim Raouf Y | $9,696,000 | |
Closed | Halim Raouf Y | $9,650,000 | |
Closed | Halim Raouf Y | $1,000,000 | |
Closed | Halim Raouf Y | $9,000,000 | |
Closed | Halim Raouf Y | $6,000,000 | |
Closed | Halim Raouf Y | $3,000,000 | |
Closed | Halim Raouf Y | $6,000,000 | |
Closed | Halim Raouf Y | $500,000 | |
Closed | Halim Raouf Y | $4,000,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/19/2022 09/19/22 | Sold | $23,500,000 | -2.1% | $2,025 / Sq Ft |
08/11/2022 08/11/22 | Pending | -- | -- | -- |
06/01/2022 06/01/22 | Price Changed | $23,995,000 | -11.1% | $2,068 / Sq Ft |
02/21/2022 02/21/22 | For Sale | $27,000,000 | -- | $2,327 / Sq Ft |
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 | $257,989 | $24,449,400 | $19,607,815 | $4,841,585 |
2024 | $257,989 | $23,970,000 | $19,223,348 | $4,746,652 |
2023 | $252,085 | $23,500,000 | $18,846,419 | $4,653,581 |
2022 | $80,877 | $7,528,898 | $4,456,175 | $3,072,723 |
2021 | $78,360 | $7,381,273 | $4,368,799 | $3,012,474 |
2020 | $78,669 | $7,305,588 | $4,324,003 | $2,981,585 |
2019 | $77,214 | $7,162,342 | $4,239,219 | $2,923,123 |
2018 | $75,678 | $7,021,904 | $4,156,097 | $2,865,807 |
2017 | $75,850 | $6,884,220 | $4,074,605 | $2,809,615 |
2016 | $77,699 | $6,749,236 | $3,994,711 | $2,754,525 |
2015 | $77,123 | $6,647,857 | $3,934,707 | $2,713,150 |
2014 | $75,358 | $6,517,635 | $3,857,631 | $2,660,004 |
Seller's Agent in 2022
Tim Smith
Coldwell Banker Realty
(949) 717-4711
17 in this area
697 Total Sales
N
Buyer's Agent in 2022
Nancy Dong
(408) 416-3225
1 in this area
1 Total Sale
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22023776
APN: 473-111-17