
Newport Coast, California 92657
This Customizable Trophy Estate represents a Strong Value Opportunity, listed at $59,995,000—positioned well below the $63,606,593 Fair Market Value by 5%. This valuation gap offers $3,611,593 in Instant Equity. Currently under construction for a 2027 completion, the property features a Condition Rating of 2, allowing for bespoke finishes across 13,850 sqft. With Panoramic Ocean Views, an 8-car garage, and proximity to Top-Rated Schools like El Morro Elementary, this is an ideal acquisition for Ultra-Luxury Investors or Discerning Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18 Waves End Subject | $59,995,000* List Price | 7 | 12 | 13,850 | $4,593 | - |
A 6 Midsummer Active | $64,900,000 List Price | 7 | 13 | 15,500 | $4,187 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new trophy estate currently under construction with a 2027 completion date. As a new build, all systems (HVAC, electrical, plumbing) are state-of-the-art, and the property offers a mint-condition shell allowing for bespoke high-end finishes, requiring zero 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).
As the estate is currently under construction, it offers a rare opportunity for a discerning buyer to select final high-end materials and personalize every detail of the interior finishes to their exact specifications.
Situated at the end of a cul-de-sac behind an exclusive second gate within the double-gated Crystal Cove enclave, the property provides unparalleled security and absolute privacy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =30392, other record lot size in square feet = 28473.
With a projected completion year of 2027, the property requires a significant waiting period before occupancy, which may not suit buyers seeking an immediate move-in.
The ultra-luxury price point, combined with substantial square footage and association fees, results in significant ongoing maintenance and operational expenses.
Situated at the end of a cul-de-sac behind the exclusive second gate in Newport Coast’s most coveted guard-gated enclave of Crystal Cove, 18 Waves End is a masterwork of coastal architecture. The design of the property, by the acclaimed Mars Hill Studio, captures the ocean views and capitalizes on absolute privacy. Currently under construction, this trophy estate presents an opportunity for a discerning buyer to step in and choose the final high-end materials, personalizing every detail of a bespoke coastal sanctuary to their exact specifications. Spanning three expansive levels and commanding an impressive 30,392-square-foot lot, the residence offers approximately 13,850 square feet of luxurious scale, architectural distinction, and refined potential. For those who demand total discretion and prestige, the planned estate encompasses seven palatial bedroom suites and seven full spa-inspired bathrooms, seamlessly blending dramatic open-concept living spaces with world-class design elements. The grand interiors flow effortlessly to sprawling grounds envisioned for large-scale entertaining and resort-style leisure. Auto collectors will appreciate the subterranean 8-car garage, providing exceptional utility, security, and storage without compromising the estate's striking footprint. Perfectly positioned minutes from the heart of Newport Beach, residents of Crystal Cove enjoy effortless access to world-class destination shopping at Fashion Island, fine dining along the coast, prestigious golf courses, and iconic coastal landscapes - all safeguarded by elite double-gated entry. 18 Waves End represents a singular, highly customizable offering in Southern California luxury living.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades PK-6 • 1.9 mi
Grades PK-6 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.6 |
| Baths | 12.0 | 6.0 |
| Square foot | 13,850 | 5,350.15 |
| Lot Size | 30,392 | 11,889.05 |
| Price | $59.99M | $8.11M |
| Price per sq ft | $4.3K | $1.7K |
| Built year | 2027 | 2001 |
| HOA | $1015.0 | $633 |
| Days on market | 30 | 93 |
Aug 10, 2026
$59,995,000
Initial Listing
May 19, 2017
$2,950,000
Public Record