18 Channel Vista, Newport Coast, California 92657, Newport Coast, - bed, bath

home-pic
ACTIVE$24,850,000
18 Channel Vista, Newport Coast, California 92657
5Beds
7Baths
8,039Sqft
16,502Lot
Year Built
1999
Close
-
List price
$24.85M
Original List price
$25.85M
Price/Sqft
-
HOA
$1,025
Days on market
-
Sold On
-
MLS number
NP24255652
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Coastline, Harbor, Ocean
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Harbor,Ocean

About this home

Nestled within the prestigious, gated, and patrolled community of Pelican Crest in Newport Coast, this extraordinary estate redefines luxury living. Commanding unobstructed panoramic ocean views stretching from Newport Harbor to the Palos Verdes Peninsula, and capturing year-round sunsets over Catalina Island, this residence is a true coastal gem. Positioned on a premier 16,500+ square-foot parcel, this 8,500-square-foot home offers 5 bedrooms and 7 bathrooms. Designed for seamless entertaining and relaxed sophistication, the open living areas feature grand fireplaces, with billiards room and gourmet kitchen/ adjacent breakfast room cater to every lifestyle need. A dedicated home, climate-controlled wine cellar, and sprawling subterranean garage, perfect for car enthusiasts, elevate the home's allure, while the wood-clad office overlooks front exterior grounds providing a tranquil haven for thought and reflection. The exterior is equally captivating, with a sparkling pool and spa, dramatic water and fire features, and ample lounge and dining spaces that frame the endless ocean vistas. All of this in close proximity to a host of world-class amenities. These include renowned shopping at South Coast Plaza and Fashion Island, Newport's pristine beaches, nautical adventures in Newport Harbor, cultural experiences at the Performing Arts Center, John Wayne Airport, championship golf courses, tennis facilities, and scenic hiking trails—all just 15 minutes or less from this exquisite retreat. Experience coastal living at its finest in this extraordinary estate that harmoniously blends elegance, comfort, and unparalleled views.

Nearby schools

9/10
Newport Coast Elementary School
Public,PK-61.3mi
9/10
Harbor View Elementary School
Public,PK-62.1mi
9/10
El Morro Elementary School
Public,K-52.8mi
9/10
Thurston Middle School
Public,6-85.1mi
9/10
Corona Del Mar High School
Public,7-123.9mi
9/10
Laguna Beach High School
Public,9-124.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (35 Listings)
Beds54
78%
Baths74.5
83%
Square foot8,0393,787
89%
Lot Size16,5028,638
83%
Price$24.85M$6.15M
92%
Price per square foot$3,091$1,651.5
89%
Built year199910001000
42%
HOA$1,025$538
97%
Days on market306183
89%
Condition Rating
Good

The property, built in 1999, appears well-maintained. The kitchen features high-end appliances and custom cabinetry, while the bathrooms showcase luxurious finishes. While not brand new, the condition suggests regular upkeep and stylish updates, fitting the 'good' category.
Pros & Cons

Pros

Unobstructed Panoramic Ocean Views: The property boasts exceptional, unobstructed panoramic ocean views from Newport Harbor to the Palos Verdes Peninsula, including year-round sunsets over Catalina Island, significantly enhancing its desirability and market value.
Prestigious Gated Community: Located within the highly sought-after, gated, and patrolled community of Pelican Crest, offering enhanced security, privacy, and exclusivity.
Spacious and Luxurious Living: The estate features a generous 8,500 square feet of living space with 5 bedrooms and 7 bathrooms, designed for both grand entertaining and comfortable family living.
Exceptional Amenities: Includes a dedicated home office, climate-controlled wine cellar, subterranean garage for car enthusiasts, pool and spa with water and fire features, and ample outdoor lounge and dining spaces.
Prime Location: Close proximity to world-class amenities such as renowned shopping, pristine beaches, Newport Harbor, the Performing Arts Center, John Wayne Airport, championship golf courses, tennis facilities, and scenic hiking trails.

Cons

High Association Fee: The monthly association fee of $1,025 is relatively high, which could be a deterrent for some buyers.
Price Reduction: The property has experienced a price reduction from its original list price, which may suggest challenges in attracting buyers at the initial asking price.
Year Built: Built in 1999, the property may require updates to appeal to buyers seeking modern amenities and design.

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