
Newport Coast, California 92657
This Stunning Contemporary Estate is a Strong Value Opportunity, listed at $23,900,000—positioned well below the $24,942,497 Fair Market Value by 4%. This valuation gap offers $1,042,497 in Instant Equity. Featuring a Mint Condition Rating, this home offers Panoramic Ocean Views, a Resort-Inspired Pool and Spa, and access to Top-Rated Schools like El Morro Elementary. It is the perfect sanctuary for Luxury Homeowners or Discerning Investors seeking a turnkey, high-status coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Spinnaker Subject 5 bd · 6 ba · 6,400 sqft · $3,414 | $23,900,000* List Price | 5 | 6 | 6,400 | $3,414 | - |
A 9 Sea Shell Active 5 bd · 7 ba · 8,054 sqft · $3,102 · 0.3 mi | $24,980,000 List Price | 5 | 7 | 8,054 | $3,102 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and is described as barely lived in. The kitchen and bathrooms feature modern, high-end stone surfaces and contemporary fixtures. With white oak flooring and pristine systems, the home is in mint condition and requires no maintenance.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
Occupying a rare front-row homesite, the property offers an uninterrupted and breathtaking panorama of the Pacific Ocean, coastline, and Catalina Island.
Built in 2017 and barely lived in since completion, the residence features high-end modern finishes, white oak flooring, and a sophisticated architectural design that is move-in ready.
The property commands a significant monthly association fee of $945 alongside substantial property taxes associated with its $23.9M valuation.
At approximately $3,734 per square foot, the listing is positioned at the extreme upper tier of the market, which may limit the pool of qualified buyers compared to larger estates in the area.
Occupying one of Coral Crest’s most coveted front-row positions, 11 Spinnaker is set on an exceptionally rare 20,027-square-foot homesite with remarkable privacy and sweeping views of the Pacific Ocean, coastline, and canyon. Barely lived in since completion, the approximately 6,400-square-foot residence offers a sophisticated expression of contemporary coastal living, balancing grand scale with warmth, natural light, and refined finishes. White oak flooring, stone surfaces, soaring proportions, and expansive walls of glass create an elegant interior palette while keeping the surrounding landscape in constant view. A private motor court framed by dual two-car garages leads to an intimate entry courtyard with fireplace. Beyond, airy interiors unfold into a great room, dining area, entertaining spaces, and beautifully appointed kitchen, all oriented toward the ocean. Disappearing glass walls extend the main living areas to a resort-inspired backyard with pool, spa, and covered loggia overlooking the Pacific. Designed for entertaining and everyday living, the home features a climate-controlled wine room and secondary catering kitchen. Five bedroom suites and six bathrooms provide exceptional flexibility, with three suites on the main level, including a primary suite. Upstairs, two additional suites include a secondary primary retreat positioned to capture sweeping ocean vistas, while a versatile bonus room provides additional living space. A privately accessed guest casita offers a secluded retreat for visitors. The scale of the front-row parcel, privacy, and panoramic coastal outlook distinguish this exceptional property. Within Crystal Cove’s 24-hour guard-gated setting, residents enjoy access to The Canyon Club, along with proximity and private neighborhood entry to Crystal Cove State Park, beaches, and the shopping and dining of the Promenade. Rare in position, scale, and perspective, 11 Spinnaker presents an exceptional opportunity within Coral Crest.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades K-5 • 2.3 mi
Grades PK-6 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.5 |
| Baths | 6.0 | 5.6 |
| Square foot | 6,400 | 5,039.615 |
| Lot Size | 20,027 | 12,368.808 |
| Price | $23.90M | $8.36M |
| Price per sq ft | $3.7K | $1.8K |
| Built year | 2017 | 2001 |
| HOA | $945.0 | $653 |
| Days on market | 53 | 83 |
Sep 2, 2026
$23,900,000
Initial Listing
Dec 27, 2017
$9,388,500
Public Record