7
Bedrooms
Sold for $30,600,000 · Jan 2023
SOLDListed at $45,000,000
Newport Coast, CA
MLS# OC21140960
Paul Daftarian
Listing Agent
Luxe Real Estate
DRE #: 01317949
Brokerage: Luxe Real Estate
7
Bedrooms
11
Bathrooms
13,437 sqft
Square Feet
2010
Year Built
0.73 acres
Lot Size
$2,277
Price/Sq Ft
8
Garage Spaces
$348/mo
HOA
Single Family Home
Property Type
Unquestionably one of the best single lots in all the California Riviera, 1 Pelican Crest Dr is The pinnacle of coastal living and is situated on a nearly 3/4 of an acre lot in Newport Coast behind its own private gates. This trophy estate is one of the most distinguishable homes in the entire zip code and is I deally positioned to enjoy 220 degree unobstructed views of the Pacific Ocean’s sparkling waters, Catalina Island’s rolling cliff-sides, Pelican Hill golf course, and the glistening city lights that span the coastline all the way up to LA. Designed by renowned architect Fari and Constructed in 2010 and newly remodeled, no expense was spared with exquisite details such as imported Onyx slab floors, Cristalo slab counter-tops, fabric and wood paneled walls, artisan level Venetian plaster, and handcrafted fixtures throughout to name just a few. The thoughtful floor-plan offers ample formal spaces, Open concept living, chefs kitchen w/ secondary prep kitchen, dual offices, main floor guest suite, and a bedroom wing that is accentuated by a bonus room connecting 3 ocean view guest suites. Located on the North wing of the property, the grand master bedroom with split wings boasting unparalleled ocean and city light views, spacious private closets and bathrooms that create a sense of luxury and arrival. The grand estates amenities include a private gated circular motor court, hotel inspired foyer, true resort style backyard with pool + fountain, loggia, and cabana area, 13 seat Movie Theatre, 1200+ bottle Wine Cellar, Entertainment Bar + Lounge, Dance studio + gym, massage room, commercial elevator servicing all 3 levels, day-lit basement, 7 car garage, detached maids quarters, and an endless array of outdoor Ocean-view decks, balconies, & loggias providing a level of accommodation that rivals the world’s premier resort destinations. 1 Pelican Crest is legacy property to be enjoyed today and shared with generations to come.
Listing description from the January 2023 sale, as reported to CRMLS.
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2 recorded sales
1 Pelican Crest Drive sold for $30,600,000 in January 2023, 32% under its $45,000,000 list price, after 411 days on the market. That works out to $2,277 per square foot on 13,437 square feet. Across 70 closed sales in 92657 over the last 12 months, the median sold price is $6,000,000 and the median is $1,584 per square foot, 30% below this sale's $2,277.
| Quarter | Closed sales in 92657 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $10,135,000 |
| Q2 2026 | 26 | $7,107,500 |
| Q3 2026 | 25 | $6,475,000 |
| Q4 2026 | 10 | $3,625,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Coast · Homes for sale in 92657
Closed sales reported in 92657, nearest first, last 12 months. All recent sales in Newport Coast →
1 Pelican Crest Drive
Contact Paul Daftarian
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Contact Listing Agent
Luxe Real Estate
DRE #01317949
Contact information is not available for this listing.