50 Pelican Crest Drive, Newport Coast, California 92657, Newport Coast, - bed, bath

home-pic
ACTIVE$23,995,000
50 Pelican Crest Drive, Newport Coast, California 92657
6Beds
8Baths
8,900Sqft
19,078Lot
Year Built
1999
Close
-
List price
$24M
Original List price
$24M
Price/Sqft
-
HOA
$442
Days on market
-
Sold On
-
MLS number
OC25046766
Home ConditionGood
Features
Excellent View: Catalina, Coastline, Ocean, Pool, Water
Pool
Spa
Patio
ViewCatalina, Coastline, Ocean, Pool, Water

About this home

Unobstructed views open a world of possibilities in this Pelican Crest estate, with a front-row perch that’s wrapped in ocean panoramas and extraordinary vistas that span Catalina Island, the Newport skyline, and pristine golf greens. Positioned on an expansive corner lot spanning 19,000 s.f. +/-, this estate boasts a vantage point that puts the world at your feet with impeccably maintained grounds that evoke the ambiance of exclusive luxury resorts, complemented by an infinity pool that appears to flow seamlessly into the ocean horizon. Inside, the living spaces are generously proportioned and refreshed, offering a vast 8,900 s.f. +/-, with 6 bedrooms, 8 bathrooms, and a 6-car subterranean garage, perfectly designed to securely house a collection of luxury vehicles. The impressive entry hall stretches upward to a soaring dome and ushers guests into flowing spaces; a mahogany-paneled library with rich coffered ceilings, intimate formal living and dining rooms with handcrafted millwork and marble floors, and private guest quarters with an ensuite bath. French doors open to salt-air breezes and breathtaking ocean views in the family room, complete with a stone-trimmed fireplace, polished wood floors and disappearing pocket doors. The kitchen boasts top-of-the-line appliances, luxurious stone surfaces, and a casual dining space and island with awe-inspiring sight lines that stretch to Catalina. The upper level is accessed by a dramatic staircase with handcrafted wrought iron railings, or by elevator. Jaw-dropping views are found in three of the four upstairs bedroom suites, including a primary bedroom that’s a haven of luxury. A balcony offers unparalleled ocean vistas, a sitting area is warmed by a fireplace, an expansive custom closet, and marble surfaces create a timeless ensuite bath. A discreet second staircase accesses the subterranean level and offers private access to a climate-controlled wine room and 1-bedroom, 1-bathroom guest quarters. Pelican Crest is a highly desirable guard-gated community with access to the amenities of the Newport Coast Clubhouse with swim, tennis, basketball and playground facilities and in proximity to the prestigious Pelican Hill Resort and Golf Club, Fashion Island, world-class shopping and dining, exceptional public and private schools and the white sand beaches of Newport and Laguna – all with convenient access to freeways & toll roads.

Nearby schools

9/10
Newport Coast Elementary School
Public,PK-61.3mi
9/10
Harbor View Elementary School
Public,PK-61.7mi
9/10
El Morro Elementary School
Public,K-53.2mi
9/10
Thurston Middle School
Public,6-85.5mi
9/10
Corona Del Mar High School
Public,7-123.5mi
9/10
Laguna Beach High School
Public,9-125.2mi

Price History

Date
Event
Price
03/05/25
Listing
$23,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (35 Listings)
Beds64
89%
Baths84.5
89%
Square foot8,9003,787
89%
Lot Size19,0788,638
83%
Price$24M$6.15M
92%
Price per square foot$2,696$1,651.5
83%
Built year199910001000
42%
HOA$442$535
28%
Days on market244182
78%
Condition Rating
Good

Built in 1999, this property is 26 years old. While its age falls outside the 'Excellent' category, the description indicates 'refreshed' living spaces, a kitchen with 'top-of-the-line appliances' and 'luxurious stone surfaces,' and a primary bath featuring 'marble surfaces' creating a 'timeless' look. The exterior image confirms an impeccably maintained, high-end property. These details suggest significant updates or meticulous maintenance within the last 5-15 years, ensuring it is move-in ready with minimal wear and tear, aligning well with the 'Good' condition criteria. Without interior photos, a higher 'Excellent' rating cannot be fully justified, as 'refreshed' may not equate to a full, virtually new renovation within the last 5 years.
Pros & Cons

Pros

Panoramic Views: The property boasts unobstructed, extraordinary vistas spanning Catalina Island, the Pacific Ocean, Newport skyline, and pristine golf greens from multiple rooms and outdoor spaces.
Exclusive Community & Amenities: Located within the highly desirable guard-gated Pelican Crest, offering access to a private clubhouse with swim, tennis, basketball, and playground facilities, and close proximity to the prestigious Pelican Hill Resort.
Expansive & Luxurious Living Space: A vast 8,900 sqft estate featuring 6 bedrooms, 8 bathrooms, high-end finishes like mahogany paneling, marble floors, handcrafted millwork, an elevator, and a climate-controlled wine room.
Resort-like Grounds & Infinity Pool: Positioned on an expansive 19,000 sqft corner lot with impeccably maintained, resort-style grounds, highlighted by a stunning infinity pool that seamlessly blends with the ocean horizon.
Ample Luxury Parking: Includes a 6-car subterranean garage, providing secure and extensive parking ideal for a luxury vehicle collection.

Cons

Property Age: Built in 1999, while refreshed, the property is not new construction, which may mean some systems or design elements could eventually require updates to meet the latest luxury standards or energy efficiencies.
High Ongoing Costs: The property comes with significant recurring expenses, including a $442/month association fee, and implied high property taxes and substantial maintenance costs for a large estate, pool, and extensive grounds.
Niche Market Appeal: As an ultra-luxury estate, the property appeals to a very specific and affluent demographic, potentially leading to a smaller pool of qualified buyers and longer market times compared to properties with broader appeal.

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