1 Shoreridge Newport Coast, CA 92657
Newport Coast Neighborhood
5
Beds
7
Baths
9,648
Sq Ft
0.79
Acres
Highlights
- Ocean View
- Fitness Center
- Heated In Ground Pool
- Newport Coast Elementary School Rated A
- Wine Cellar
- Sauna
About This Home
As of April 2023Recently renovated in a modernized Santa Barbara style, this spectacular estate is located in one of the most exclusive enclaves on the West Coast — guard-gated Pelican Crest. Gracing a rare, flat 3/4 acre lot — allowing for expansion of the current home — the property enjoys the best views in the region, with panoramic vistas stretching from Laguna to Palos Verdes. Situated at the end of a cul-de-sac for privacy, the beautiful 9,648 s.f. +/- home has high-ceilinged rooms and large windows creating airy, sun-washed interiors. Encompassing 5 bedrooms and 7 bathrooms, you’ll enjoy sit-down ocean views from nearly every room on the property. Interior refresh highlights include all-new flooring and custom paint finishes throughout, as well as new lighting fixtures and new kitchen backsplashes. Room highlights comprise the master wing with private terrace with outdoor fireplace and spa and spectacular views; chef’s kitchen with full complement of professional-grade appliances, center island and breakfast room. Lovely formal living and dining rooms, each with a fireplace, open to the stunning grounds. Other luxe amenities including a billiards room with full bar and large climate-controlled wine room. The incredible grounds feature an infinity-edge pool with connected wading pool, separate spa, swim-up bar + BBQ kitchen, an outdoor fireplace, a large fire pit, a putting green, a large private motorcourt, Savant Home Automation, water softener and water filtration, and 4-car garage.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 09/25/2020
Last Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc. License #01764587
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $373,758
Year Built
- Built in 2010
Lot Details
- 0.79 Acre Lot
- Cul-De-Sac
- Landscaped
- Irregular Lot
- Sprinkler System
- Lawn
- Back Yard
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Garage Door Opener
- Driveway Down Slope From Street
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Woods
- Hills
- Valley
Home Design
- Turnkey
- Planned Development
Interior Spaces
- 9,648 Sq Ft Home
- 2-Story Property
- Wired For Sound
- Built-In Features
- Bar
- Beamed Ceilings
- Coffered Ceiling
- High Ceiling
- Recessed Lighting
- Two Way Fireplace
- Raised Hearth
- See Through Fireplace
- French Doors
- Formal Entry
- Wine Cellar
- Great Room
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room with Fireplace
- Formal Dining Room
- Home Office
- Game Room with Fireplace
- Bonus Room
- Storage
- Utility Room
- Sauna
- Home Gym
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Self-Cleaning Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Self-Closing Drawers and Cabinet Doors
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Mirrored Closets Doors
- Heated Floor in Bathroom
- Fireplace in Bathroom
- Makeup or Vanity Space
- Bidet
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Multiple Shower Heads
- Separate Shower
- Closet In Bathroom
Laundry
- Laundry Room
- Laundry Chute
- Washer and Electric Dryer Hookup
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Waterfall Pool Feature
Outdoor Features
- Balcony
- Stone Porch or Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Water Purifier
- Water Softener
Additional Features
- More Than Two Accessible Exits
- Suburban Location
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 15604
- Assessor Parcel Number 47315222
Community Details
Overview
- Pelican Crest Ii HOA, Phone Number (949) 644-7519
- Newport Coast HOA, Phone Number (866) 378-1099
- First Service Residential HOA
- Foothills
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
- Bike Trail
Security
- Security Guard
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2023
Closed on
Apr 10, 2023
Sold by
Douk Family Trust
Bought by
1 Shoreridge Trust
Seller's Agent
Abraham Lim
Circa Properties, Inc.
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$39,988,000
Sold Price
$34,000,000
Premium/Discount to List
-$5,988,000
-14.97%
Views
212
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,590,254
Avg. Annual Appreciation
-15.33%
Original Mortgage
$18,300,000
Outstanding Balance
$17,808,249
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$5,299,455
Purchase Details
Listed on
Sep 25, 2020
Closed on
Feb 6, 2021
Sold by
Hunter Dana and Hunter Family Trust
Bought by
Douk Robert and Douk Ami
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$16,998,000
Sold Price
$14,710,000
Premium/Discount to List
-$2,288,000
-13.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.65%
Purchase Details
Closed on
Apr 12, 2016
Sold by
Hunter Dana
Bought by
Jones Jeff C and Dana J Hunter Grantor Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,704,440
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 25, 2004
Sold by
Aronoff Eyal M and Aronoff Yael G
Bought by
Hunter Dana and The Hunter Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
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 | $34,000,000 | Chicago Title Company | |
| Grant Deed | $14,710,000 | Ticor Title | |
| Grant Deed | $4,116,000 | None Available | |
| Grant Deed | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $18,300,000 | New Conventional | |
| Previous Owner | $8,000,000 | New Conventional | |
| Previous Owner | $10,000,000 | Credit Line Revolving | |
| Previous Owner | $3,704,440 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $1,200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2023 04/13/23 | Sold | $34,000,000 | -15.0% | $3,036 / Sq Ft |
| 02/15/2023 02/15/23 | For Sale | $39,988,000 | +171.8% | $3,570 / Sq Ft |
| 02/17/2021 02/17/21 | Sold | $14,710,000 | -8.0% | $1,525 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 12/03/2020 12/03/20 | Price Changed | $15,995,000 | -5.9% | $1,658 / Sq Ft |
| 09/25/2020 09/25/20 | For Sale | $16,998,000 | -- | $1,762 / 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 | $373,758 | $34,680,000 | $30,213,122 | $4,466,878 |
| 2023 | $164,171 | $15,304,284 | $11,708,978 | $3,595,306 |
| 2022 | $161,466 | $15,004,200 | $11,479,390 | $3,524,810 |
| 2021 | $72,170 | $6,819,713 | $3,298,787 | $3,520,926 |
| 2020 | $72,521 | $6,749,786 | $3,264,962 | $3,484,824 |
| 2019 | $71,194 | $6,617,438 | $3,200,943 | $3,416,495 |
| 2018 | $69,779 | $6,487,685 | $3,138,180 | $3,349,505 |
| 2017 | $70,025 | $6,360,476 | $3,076,647 | $3,283,829 |
| 2016 | $71,933 | $6,235,761 | $3,016,320 | $3,219,441 |
| 2015 | $71,408 | $6,142,095 | $2,971,013 | $3,171,082 |
| 2014 | $69,776 | $6,021,780 | $2,912,815 | $3,108,965 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2023
Abraham Lim
Circa Properties, Inc.
(949) 351-6768
1 in this area
9 Total Sales
-
Seller Co-Listing Agent in 2023
Paul Daftarian
Luxe Real Estate
(714) 865-5969
94 in this area
249 Total Sales
-
Seller's Agent in 2021
John Cain
Pacific Sothebys
(714) 655-8940
26 in this area
216 Total Sales
-
J
Buyer's Agent in 2021
Joshua Altman
Douglas Elliman of California, Inc.
-
Buyer Co-Listing Agent in 2021
JOANNA PALLANTE
The Beverly Hills Estates
(310) 626-4248
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20172717
APN: 473-152-22
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