
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 | $23,900,000* List Price | 5 | 6 | 6,400 | $3,897 | - |
A 9 Sea Shell Active | $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.
Commanding one of Coral Crest’s most exceptional positions, 11 Spinnaker occupies a rare front-row homesite of approximately 20,027 square feet, offering a remarkable sense of privacy and an uninterrupted panorama spanning the Pacific Ocean, coastline, and canyon. With an exceptional view perspective and barely lived in since completion, the approximately 6,400-sq.-ft. residence presents a sophisticated interpretation of contemporary coastal living, balancing grand scale with warmth, natural light, and beautifully considered finishes. White oak flooring, stone surfaces, soaring proportions, and expansive walls of glass create a refined interior palette, allowing the ocean and landscape to remain a constant presence throughout the home. Arrival begins through a private motor court framed by dual two-car garages, followed by an intimate entry courtyard centered around a fireplace. Beyond, the interiors unfold into an airy great room, dining area, entertaining spaces, and a beautifully appointed kitchen, all oriented toward the view. Disappearing glass walls dissolve the boundary between indoors and out, opening the main living areas to a resort-inspired backyard with a pool, spa, and covered loggia overlooking the Pacific. Designed with both effortless entertaining and everyday comfort in mind, the home includes a climate-controlled wine room and secondary catering kitchen, while its five bedroom suites and six bathrooms offer exceptional flexibility. Three suites are located on the main level, including a primary suite, while upstairs, two additional suites include a secondary primary retreat positioned to capture sweeping ocean vistas. A versatile bonus room adds another layer of livability, and a privately accessed guest casita provides a secluded retreat for guests. Beyond its architecture and elevated finishes, it is the setting that makes 11 Spinnaker particularly compelling. The scale of the front-row parcel, extraordinary privacy, and panoramic coastal outlook create a residence that feels both connected to the beauty of Crystal Cove and remarkably removed from the world beyond. 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 represents an exceptional opportunity to own one of Coral Crest’s most compelling estates.
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 | 4.6 |
| Baths | 6.0 | 6.0 |
| Square foot | 6,400 | 5,350.15 |
| Lot Size | 20,027 | 11,889.05 |
| Price | $23.90M | $8.11M |
| Price per sq ft | $3.7K | $1.7K |
| Built year | 2017 | 2001 |
| HOA | $945.0 | $633 |
| Days on market | 7 | 93 |
Sep 2, 2026
$23,900,000
Initial Listing
Dec 27, 2017
$9,388,500
Public Record