$8,780,000
SOLD OCT 30, 2024
4 Beds
4.5 Baths
4,712 Sq Ft
0.26 Acres

Recently Sold

$1,863 Per Sq Ft

8% Below List Price

165 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • 4 Car Direct Access Garage
  • Newport Coast Elementary School Rated A
  • Heated Spa
  • Primary Bedroom Suite

About This Home

As of October 2024

SELLER FINANCING AVAILABLE. INQUIRE FOR DETAILS. Nestled in the exclusive enclave of Pelican Ridge Estates, this exceptional renovated residence sits on a tranquil cul-de-sac, offering a coveted lifestyle defined by commanding ocean and canyon vistas. Meticulously crafted with a seamless blending of indoor and outdoor spaces, this home boasts bespoke design elements that promote elevated living. Timeless beauty is found throughout 4,710 +/- s.f. of living space, with 4 bedrooms, 5 bathrooms, and hand-crafted finishes that include soaring double-height ceilings, dramatic casement windows & luxe European oak wood floors. In the modern Leicht kitchen, sleek two-toned cabinets and veined white quartz counters complement high-end appliances that include a paneled refrigerator. This space opens to an inviting family room with tall French doors that open to salt air breezes and ocean views. Additional living spaces include a living room where towering ceilings create a luxurious place to entertain and a raised formal dining room with statement lighting. Three main-floor bedrooms all offer views of the Pacific or lush greenery, and include exquisite ensuite baths with custom designs. The upper floor primary bedroom is a true retreat, with a sitting area that offers a fireplace and opens to a private balcony where views of Newport Coast unfold. The ensuite bath is a showpiece with a massive steam shower, oversized soaking tub, and surfaces swathed in designer tile. Outdoor spaces span 11,200 s.f. +/-, and include elevated patios with stunning views, stunning ocean views, BBQ kitchen, and an infinity-edge spa. Custom landscaping is dotted with palm trees that bring a tropical vibe, and oversized concrete tiles are bisected with lush artificial grass that adds a pop of color. Pelican Ridge is a sought-after 24-hr guard-gated community that offers residents incredible amenities through the shared community center with sport courts, a pool and spa, playground facilities and close proximity to hiking trails. A convenient location makes the best of Newport easily accessible, walkable to beaches, and near to Fashion Island, world-class shopping, golf, and transportation hubs.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty Brokerage Phone: 949.478.7772 License #01467294 Listed on: 03/27/2024

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Daisy Dai

eXp realty of Greater Los Angeles License #02116074

eXp realty of Greater Los Angeles

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
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard

HOA Fees

Parking

  • 4 Open Parking Spaces
  • 4 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Planned Development

Interior Spaces

  • 4,712 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • French Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Suburban Location

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705155
  • $1,599 per year additional tax assessments

Community Details

Overview

  • Pelican Ridge Estates Association, Phone Number (949) 248-4300
  • Dana Pacific Association, Phone Number (949) 248-4300
  • Pelican Ridge Estates Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,723

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$935 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705155
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4712.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings
  • Stories: 2
  • Entry Location: Entry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Primary Retreat, Gas
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1863.33
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground
  • Window Features: Drapes
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Second Garage Attached
  • Exterior Features: Barbecue Private
  • View: Ocean, Pool, Water
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Master
  • Amenities: Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 450.00
  • Association #2 Fee: 485.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge Estates
  • Phone: 949.248.4300
  • Association Phone #2: 949.248.4300
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Suburban
  • Association Management: Dana Pacific
  • Association Management 2: Dana Pacific

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Lawn, Level with Street, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 11200.00
  • Lot Size Acres: 0.2571

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 48
  • Tax Tract Number: 14037
  • TaxOtherAnnualAssessmentAmount: 1599.00

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24059184

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-55