Seller's Agent in 2025
Daisy Dai
eXp realty of Greater Los Angeles
(949) 333-9195
2 in this area
39 Total Sales
7 Telescope Newport Coast, CA 92657
Newport Coast Neighborhood
4
Beds
4
Baths
4,710
Sq Ft
0.26
Acres
Highlights
- Ocean View
- Gated with Attendant
- Primary Bedroom Suite
- Newport Coast Elementary School Rated A
- Spa
- Open Floorplan
About This Home
As of October 2024Bask in sit-down Panoramic Coastline, Harbor and Sunset Views from this stunning custom estate in the exclusive guard gated community of Pelican Ridge Estates. Boasting superb curb appeal - enter into an extravagant formal foyer showcasing cathedral vaulted ceilings and an opulent spiral wrought-iron staircase. Dramatic high ceilings in the living room with an abundance of natural light beaming from the custom wood windows and flooring consisting of rich herringbone wood flooring and luxurious Crema Marfil marble flooring throughout. This exquisite custom home encompasses 4 bedrooms, 5 bathrooms with approx. 4,848 sq. ft. of open concept & entertainers ideal floor-plan - which includes 3 main level bedrooms and a second floor expansive master suite with sitting area and balcony looking out to the beautiful ocean and city lights views and private staircase down to the backyard. The chef's kitchen with large center island opens to the family room and backyard filled with lush landscaping, spa and kitchen with bar with picturesque ocean and city views. An oversized driveway with 4-car garage, 24 hour dual guard gates, world class schools, direct access to the 73, Fashion Island, Crystal Cove, and airport area complete this grand custom residence.
Last Agent to Sell the Property
Luxe Real Estate License #01317949 Listed on: 12/15/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,723
Year Built
- Built in 1992 | Remodeled
Lot Details
- 0.26 Acre Lot
- Cul-De-Sac
- Sprinkler System
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
- Canyon
- Mountain
Interior Spaces
- 4,710 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Crown Molding
- Cathedral Ceiling
- Recessed Lighting
- Formal Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Game Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- 4 Full Bathrooms
Outdoor Features
- Spa
- Balcony
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 14037
- Assessor Parcel Number 47705155
Community Details
Overview
- First Service Residential Association, Phone Number (800) 428-5588
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
Additional Features
- Recreation Room
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2025
Sold by
Ma Jin
Bought by
Telescope Investment Inc
Purchase Details
Listed on
Mar 27, 2024
Closed on
Sep 20, 2024
Sold by
Huang Yu and Yang Xiao
Bought by
Ma Jin
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Daisy Dai
eXp realty of Greater Los Angeles
List Price
$9,495,000
Sold Price
$8,780,000
Premium/Discount to List
-$715,000
-7.53%
Views
161
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$2,700,000
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 15, 2017
Closed on
Feb 13, 2018
Sold by
Nguyen Phuong K and Nguyen Triet
Bought by
Huang Yu and Huang Xiao
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Lisa Zhou
Legacy Capital Investment Group
List Price
$4,900,000
Sold Price
$4,700,000
Premium/Discount to List
-$200,000
-4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Purchase Details
Closed on
Oct 1, 2004
Sold by
Nguyen Triet
Bought by
Nguyen Phuong K and Nguyen Triet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 12, 2003
Sold by
Nguyen Phuong K
Bought by
Nguyen Triet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.46%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 31, 2003
Sold by
Bto Elf Sciences
Bought by
Nguyen Triet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.46%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 8, 2000
Sold by
Daubner Peter
Bought by
Bto Elf Sciences
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 31, 2000
Sold by
Simmons Lester A
Bought by
Simmons Lester A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 27, 2000
Sold by
Simmons Lester A
Bought by
Daubner Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Oct 4, 1999
Sold by
Lazof Ronald C and Lazof Vincencia M
Bought by
Eulenstein Hans Henning and Newport Coast Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $8,780,000 | Ticor Title | |
| Grant Deed | $4,700,000 | California Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $2,352,000 | First American Title Co | |
| Grant Deed | -- | Commonwealth Land Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title | |
| Grant Deed | $2,050,000 | Commonwealth Land Title | |
| Grant Deed | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,700,000 | New Conventional | |
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $2,820,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $1,834,250 | Unknown | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $1,411,200 | Purchase Money Mortgage | |
| Previous Owner | $575,000 | Stand Alone First | |
| Previous Owner | $1,230,000 | No Value Available | |
| Previous Owner | $1,000,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $9,980,000 | +13.7% | $2,079 / Sq Ft |
| 10/30/2024 10/30/24 | Sold | $8,780,000 | -2.4% | $1,863 / Sq Ft |
| 09/08/2024 09/08/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | Price Changed | $8,998,000 | -5.2% | $1,910 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $9,495,000 | +8.1% | $2,015 / Sq Ft |
| 06/20/2024 06/20/24 | Off Market | $8,780,000 | -- | -- |
| 05/15/2024 05/15/24 | Price Changed | $9,495,000 | -5.0% | $2,015 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $9,995,000 | +8.1% | $2,121 / Sq Ft |
| 03/27/2024 03/27/24 | For Sale | $9,250,000 | +96.8% | $1,963 / Sq Ft |
| 02/26/2018 02/26/18 | Sold | $4,700,000 | -4.1% | $998 / Sq Ft |
| 12/15/2017 12/15/17 | For Sale | $4,900,000 | -- | $1,040 / 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 |
|---|---|---|---|---|
| 2024 | $56,723 | $5,242,937 | $4,158,244 | $1,084,693 |
| 2023 | $55,483 | $5,140,135 | $4,076,710 | $1,063,425 |
| 2022 | $54,564 | $5,039,349 | $3,996,775 | $1,042,574 |
| 2021 | $53,051 | $4,940,539 | $3,918,407 | $1,022,132 |
| 2020 | $53,110 | $4,889,880 | $3,878,228 | $1,011,652 |
| 2019 | $52,192 | $4,794,000 | $3,802,184 | $991,816 |
| 2018 | $34,619 | $3,163,908 | $2,309,332 | $854,576 |
| 2017 | $34,973 | $3,101,871 | $2,264,051 | $837,820 |
| 2016 | $36,408 | $3,041,050 | $2,219,657 | $821,393 |
| 2015 | $36,153 | $2,995,371 | $2,186,316 | $809,055 |
| 2014 | $35,322 | $2,936,696 | $2,143,489 | $793,207 |
Source: Public Records
Agents Affiliated with this Home
-
Daisy Dai
-
John Cain
Seller's Agent in 2024
John Cain
Pacific Sothebys
(714) 655-8940
26 in this area
215 Total Sales
-
Paul Daftarian
Seller's Agent in 2018
Paul Daftarian
Luxe Real Estate
(714) 865-5969
94 in this area
251 Total Sales
-
Victor Jimenez
Seller Co-Listing Agent in 2018
Victor Jimenez
Luxe Real Estate
(949) 307-4579
5 in this area
26 Total Sales
-
Lisa Zhou
Buyer's Agent in 2018
Lisa Zhou
Legacy Capital Investment Group
(949) 656-5518
1 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17275796
APN: 477-051-55
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