
7 Telescope Newport Coast, CA 92657
Newport Coast NeighborhoodHighlights
- 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
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Newport Coast, CA
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 |
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 |
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 |
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Daisy Dai
eXp realty of Greater Los Angeles
(949) 333-9195
2 in this area
39 Total Sales
-
Seller's Agent in 2024
John Cain
Pacific Sothebys
(714) 655-8940
26 in this area
215 Total Sales
-
Seller's Agent in 2018
Paul Daftarian
Luxe Real Estate
(714) 865-5969
94 in this area
251 Total Sales
-
Seller Co-Listing Agent in 2018
Victor Jimenez
Luxe Real Estate
(949) 307-4579
5 in this area
26 Total Sales
-
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