2 Channel Vista, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 5 bath

2 Channel Vista
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 2 Channel Vista, Newport Coast, California 92657 reveals a property with a current list price of $23,000,000, which is 8% above the estimated $21,159,560 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Channel Vista Subject | $23,000,000* List Price | 5 | 5 | 7,481 | $2,828 | - |
A 18 Channel Vista Sold | $20,000,000 | 5 | 7 | 8,039 | $2,488 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2000, this custom estate is meticulously maintained with high-quality materials and craftsmanship. However, the kitchen and bathrooms, while luxurious and functional, exhibit a traditional aesthetic consistent with the early 2000s (e.g., distressed cream cabinetry, specific granite/marble tones, ornate fixtures). These elements, though in excellent physical condition, are stylistically dated compared to current luxury design trends, indicating that aesthetic updates would likely be desired by a buyer seeking contemporary standards. The property is move-in ready, but its design choices align with the 'Fair' category's description of 'major components are functional but show signs of being outdated'.
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 Ocean & Catalina Views
The estate offers commanding extraordinary panoramas of white-water coastline, year-round sunsets, and Catalina Island, perfectly oriented to capture the Pacific in all its moods.
- Exclusive Gated Community
Located within the guarded and patrolled gates of Pelican Crest, ensuring high security, privacy, and prestige.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23014, other record lot size in square feet = 22946.
- High Association Fees
The property carries a significant association fee of $1025.0, which adds a substantial recurring cost to ownership.
- Property Age
Built in 2000, the property is 24 years old, and while custom and well-maintained, certain systems or aesthetic elements may eventually require updates to meet contemporary luxury standards.
About 2 Channel Vista
Set within the guarded and patrolled gates of Pelican Crest, this custom Newport Coast estate is a masterclass in craftsmanship, scale, and view-driven design. Encompassing approximately 7,482 square feet, the residence offers 5 bedrooms and 5 1/2 baths, thoughtfully composed to balance grand entertaining with refined everyday living. From the moment of arrival, the home announces itself with extraordinary architectural features and meticulous detailing an expression of quality that carries throughout. Interiors unfold to reveal a richly wood-clad library, a billiards and game room, and a gourmet kitchen appointed with premium appliances, all anchored by both formal and informal dining spaces. A private office, easily convertible to an additional bedroom, adds flexibility, while a grand staircase ascends to the second level, creating a dramatic yet graceful transition between floors. The floor plan is both generous and intuitive. A main-level bedroom suite provides ideal guest or multigenerational accommodations. Upstairs, three secondary bedrooms include one en-suite and a thoughtfully designed Jack-and-Jill join the other two secondary bedrooms, offering both privacy and functionality. Completing the upper level is the primary retreat, a sanctuary that rivals a fine resort elevated and serene, with sweeping ocean vistas stretching to the endless horizon. It is the views, however, that truly define this estate. Commanding extraordinary panoramas of white-water coastline, year-round sunsets, and Catalina Island resting in the distance, the home is perfectly oriented to capture the Pacific in all its moods: daylight sparkle, golden dusk, and evening calm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 23,014 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 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 • 1.3 mi
Harbor View Elementary School
Grades PK-6 • 2.0 mi
El Morro Elementary School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 7,481 | 4,000 | 86% |
| Lot Size | 23,014 | 9,376 | 93% |
| Price | $23.00M | $8.57M | 93% |
| Price per sq ft | $3.1K | $1.7K | 93% |
| Built year | 2000 | 2001 | 45% |
| HOA | $1025.0 | $541 | 88% |
| Days on market | 33 | 180 | 2% |
Pricing History
Listed for Sale
Feb 2, 2026
$23,000,000
Initial Listing
Sold
Apr 13, 2005
$5,900,000
Public Record
































