
Newport Coast, California 92657
This Ultra-Luxury Coastal Estate is a Prime Investment Opportunity, listed at $39,950,000—positioned well below the $41,414,938 Fair Market Value by 3%. This valuation gap provides $1,464,938 in Instant Equity. Boasting an Excellent Condition Rating, the 12,500-square-foot residence features a 360-degree infinity pool, 8-car subterranean garage, and panoramic ocean views. Located in the Newport Mesa Unified district near Top-Rated 9/10 Schools like Corona Del Mar High, it offers a turnkey lifestyle. This masterpiece is ideal for discerning luxury buyers or high-net-worth families seeking a generational asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 High Water Subject | $39,950,000* List Price | 6 | 9 | 12,500 | $3,313 | - |
A 18 Swimmers Pt Sold | $38,000,000 | 5 | 11 | 11,494 | $3,306 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this ultra-luxury estate falls within the 10-year window for an excellent rating. The property features a high-end open-concept chef's kitchen and a secondary 'dirty kitchen' equipped with professional-grade appliances, marble waterfall islands, and custom cabinetry. The interior showcases premium finishes including herringbone hardwood floors, designer light fixtures, and custom millwork throughout. Bathrooms are finished with high-quality stone and modern fixtures, and the overall state of the home shows no signs of wear, meeting the highest current quality standards.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
The property features breathtaking, unobstructed panoramic views stretching from San Clemente Island to the Palos Verdes Peninsula, providing a world-class backdrop for the entire residence.
This 12,500-square-foot estate is equipped with elite features including an 8-car subterranean garage, a private theater, a temperature-controlled wine cellar with a glass display, and an elevator servicing all levels.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 12500, other record living area = 13164.
Beyond the $39.95M purchase price, the property carries a high $1,500 monthly association fee and significant maintenance requirements for an estate of this scale and complexity.
The current list price reflects a nearly 100% increase over its 2019 sale price of approximately $20M, which may lead to appraisal challenges or extended days on market.
Spectacular sweeping coastal vistas from San Clemente Island to the Palos Verdes Peninsula are featured throughout this impeccable Crystal Cove custom residence, creating a constantly evolving backdrop that elevates every space within the home. Blending Northern Italian architecture with a refined transitional interior style, this estate spans approximately 12,500 square feet of inviting indoor living space on a generous and flat parcel of nearly one half acre, with an additional 1,300 sf of covered outdoor living space. Thoughtfully designed for both grand-scale entertaining and intimate everyday living, in addition to an oversized great room adjacent to the open-concept chef's kitchen and sequestered "dirty kitchen", the residence offers a formal living room, dining room, office/library, six luxurious bedroom suites, seven full baths, two powder rooms, a full-service bar and lounge with temperature-controlled wine cellar and dramatic glass wall display, private theater, game room, two laundry rooms, open-air atrium, subterranean garage for 8 vehicles, and an elevator servicing all three levels. Stepping outside, the experience rivals that of a five-star resort, with a custom 360-degree infinity-edge pool and spa just steps away from a cabana with fireplace, a large grassy yard, and a bluff-side fire pit -- all set against the endless Pacific.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades K-5 • 2.0 mi
Grades PK-6 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 84% |
| Baths | 9.0 | 5.0 | 84% |
| Square foot | 12,500 | 4,000 | 93% |
| Lot Size | 20,537 | 10,180 | 79% |
| Price | $39.95M | $9.10M | 98% |
| Price per sq ft | $3.2K | $1.9K | 93% |
| Built year | 2016 | 2001 | 88% |
| HOA | $1500.0 | $640 | 98% |
| Days on market | 27 | 194 | 2% |
Mar 26, 2026
$39,950,000
Initial Listing
Apr 10, 2019
$19,952,000
Public Record
Feb 8, 2017
$16,750,000
Public Record
Jul 11, 2013
$4,300,000
Public Record