12 Skyridge, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 9 bath

12 Skyridge, Newport Coast, California 92657 home-pic-0

12 Skyridge

Newport Coast, California 92657

ACTIVE
CONDITION: EXCELLENT
5Beds
9Baths
12,739Sq Ft
20,459Lot Size

Property Price

LIST PRICE$39,000,000
EST. MARKET VALUE
$39,000,000

SUMMARY

Analysis of 12 Skyridge, Newport Coast, California 92657 reveals a Fairly Priced Property with a current list price of $39,000,000  aligned with the estimated $39,000,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Coast Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$39,000,000
Based on Realkey algorithm analyzing recent comparable sales in Newport Coast.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
12 Skyridge
Subject
$39,000,000*
List Price
5912,739$3,061-
A
22 Pelican Crest Drive
Active
$27,998,000
List Price
5810,087$2,7760.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2009, this custom estate, while 15 years old, presents in virtually new condition with no signs of wear or deferred maintenance. The description highlights 'timeless architecture and meticulous craftsmanship,' and the images confirm this with high-end finishes throughout. The chef's kitchen features top-of-the-line Viking and Sub-Zero appliances, rich custom cabinetry, and marble countertops, all appearing pristine and fully functional. Bathrooms are luxurious and spa-like, with high-quality tile, marble, and modern fixtures. Flooring consists of exquisite marble and walnut, and the property boasts smart lighting, integrated audio, and extensive millwork. All components meet current luxury standards, justifying an 'Excellent' rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).

  • Unparalleled Panoramic Views

    Perched at the highest elevation, this estate offers breathtaking, unobstructed views of Newport Harbor, Catalina Island, year-round sunsets, and the coastline stretching to Palos Verdes.

  • Elite Location & Security

    Situated in the prestigious, guard-gated enclave of Pelican Crest, ensuring privacy, exclusivity, and enhanced security.

CONSRISKS & DEFICIENCIES

  • High Price Point

    The list price of $39,000,000 positions this property in an ultra-luxury niche, significantly limiting the potential buyer pool.

  • Substantial Ongoing Costs

    A property of this size and luxury level will incur significant monthly HOA fees ($1,025) and substantial ongoing maintenance, utility, and operational expenses.

  • Potential for Over-Customization

    While high-end, specific custom features like the 'Oval Office-style study' or extensive millwork might not align with every ultra-luxury buyer's personal taste, potentially requiring future modifications.

About 12 Skyridge

Perched at the highest elevation in the prestigious, guard-gated enclave of Pelican Crest, this custom estate captures breathtaking, unobstructed views of Newport Harbor, Catalina Island, year-round sunsets, and the coastline stretching to Palos Verdes. Set behind private gates and a serene entry courtyard with fountains and water features, the residence showcases timeless architecture and meticulous craftsmanship. A dramatic 34-foot foyer with a sweeping staircase introduces the home’s grandeur. Marble and walnut floors flow through elegant living spaces, including a formal dining room, butler’s kitchen, and a chef’s kitchen outfitted with Viking appliances, Sub-Zero refrigeration, and rich walnut cabinetry. A marble-topped bar and view-facing breakfast nook complete the culinary experience. The great room, boasting the estate’s most commanding views, opens to a covered loggia through disappearing glass doors offering a fireplace lounge and al fresco dining with panoramic vistas. Additional highlights include a wood-paneled library, Oval Office-style study, rear staircase, soaring ceiling heights, smart lighting, integrated audio, Venetian plaster walls, and detailed millwork throughout. The main level features a private guest suite, while the upper level offers two secondary suites and a luxurious primary suite with a sitting room, fireplace, covered balcony, dual spa-like bathrooms and dressing rooms, and a morning bar. The lower level is an entertainer’s haven with a 3,096-sq-ft garage, game room, gym with dry sauna, theater, wine cellar, billiards room, and a full bar. An open-air courtyard leads to a resort-style backyard with pool, spa, grotto, mosaic waterfall, BBQ bar, and numerous outdoor vignettes. Ideally located moments from world-class shopping, dining, and entertainment at Fashion Island and South Coast Plaza, white sand beaches, Newport Harbor, the Performing Arts Center, John Wayne Airport, and premier golf and tennis clubs. This is a rare opportunity to own a legacy estate in one of Newport Coast’s most iconic locations.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2009
Lot Size
20,459 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
9 (9 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1025.0 / Month

Neighborhood Insights

Newport Coast Unified Schools

Newport Coast Elementary School

Grades PK-6 • 1.2 mi

9/10

Harbor View Elementary School

Grades PK-6 • 1.9 mi

9/10

El Morro Elementary School

Grades K-5 • 3.0 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
64%
Baths9.05.0
90%
Square foot12,7394,000
95%
Lot Size20,4599,376
88%
Price$39.00M$8.57M
98%
Price per sq ft$3.1K$1.7K
93%
Built year20092001
88%
HOA$1025.0$541
88%
Days on market299185
86%

Pricing History

Listed for Sale

May 12, 2025

$39,000,000

Initial Listing

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