
Newport Coast, California 92657
This Stunning Turnkey Residence is listed at $12,495,000, offering a Strong Value Opportunity positioned well below the $13,166,978 Fair Market Value by 5%. With $671,978 in Instant Equity, this property features a Mint Condition Rating following a multi-million-dollar renovation. Highlights include panoramic ocean and golf course views, a private pool, and access to top-rated schools like El Morro Elementary. This refined coastal sanctuary is the ideal acquisition for discerning luxury buyers or sophisticated owner-occupants seeking a premier Newport Coast lifestyle.
Property is new construction or fully renovated.
The property underwent a comprehensive two-year, multi-million-dollar renovation, placing it in mint condition. The kitchen and all bathrooms have been completely redesigned with high-end finishes like marble surfaces and custom cabinetry. Crucially, all major systems were updated, including a whole-house repipe, new electrical, and new HVAC, effectively providing the quality of new construction.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
Situated in Newport Coast’s only guard-gated community on the ocean side of PCH, the property offers a rare front-row setting on the 11th fairway with direct views of the Pacific Ocean.
A multi-million dollar, two-year transformation provides the quality of new construction, featuring structural redesigns, premium Fleetwood doors, and entirely updated mechanical, plumbing, and smart-home systems.
The property's prominent position on the 11th fairway may result in reduced backyard privacy and potential exposure to golf course activity or stray balls.
The current list price represents a substantial premium over the 2024 sale price, which may require a specific buyer profile comfortable with the high valuation following the renovation.
Set along the 11th fairway of Pelican Hill Golf Club, 16 Pelican Point occupies a distinctive setting within Newport Coast’s only guard-gated residential community on the ocean side of Pacific Coast Highway. Golf course and ocean views define the home, while private community access places Crystal Cove State Beach and scenic trails moments away. Beyond a private gated motor court, the 4,527-square-foot residence has been reimagined through a two-year, multi-million-dollar renovation, pairing the sophistication of new construction with a front-row location that cannot be recreated. The main level was structurally redesigned to connect the kitchen, living spaces and fairway beyond. New hardwood flooring, custom cabinetry, marble surfaces, a sculptural plaster range hood and premium appliances establish refined aesthetic. Soaring Fleetwood sliding doors reaching approximately 11 feet bring scale and natural light indoors while framing the views. Rocky Mountain Hardware, Restoration Hardware lighting, custom millwork, automated window treatments and curated stone and tile reflect the quality throughout. Five ensuite bedrooms include a redesigned primary retreat with fireplace, custom closet, remodeled bath and private balcony. Directly accessed from the garage, a full-scale mudroom and designer laundry room bring function and polish to everyday arrivals. A versatile bonus and playroom provides flexibility. The transformation extends behind the finishes with a complete whole-house repipe and new plumbing, extensive electrical and HVAC improvements, water filtration, integrated Sonos audio, smart-home capabilities and enhanced security. Outdoors, redesigned grounds feature refreshed landscaping, terraces, a wood deck with firepit, built-in barbecue and pool. At this price point, the combination of a front-row Pelican Hill setting, ocean and fairway views, private coastal access, gated motor court and this caliber of renovation is exceptionally rare in Newport Coast.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 2.3 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.5 |
| Baths | 6.0 | 5.6 |
| Square foot | 4,527 | 5,039.615 |
| Lot Size | 12,540 | 12,368.808 |
| Price | $12.49M | $8.36M |
| Price per sq ft | $2.8K | $1.8K |
| Built year | 1997 | 2001 |
| HOA | $680.0 | $653 |
| Days on market | 31 | 83 |
Sep 24, 2026
$12,495,000
Initial Listing
Jan 2, 2024
$8,745,000
Public Record
Aug 10, 2000
$3,600,000
Public Record