7 Telescope Newport Coast, CA 92657
Newport Coast Neighborhood
4
Beds
4.5
Baths
4,712
Sq Ft
0.26
Acres
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 2024SELLER 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.
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2025
Sold by
Ma Jin
Bought by
Telescope Investment Inc
Total Days on Market
165
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
Similar Homes in Newport Coast, CA
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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 | 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
Seller's Agent in 2025
Daisy Dai
eXp realty of Greater Los Angeles
(949) 333-9195
2 in this area
39 Total Sales
-
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
249 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: OC24059184
APN: 477-051-55
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