
Newport Coast, California 92657
This Newly Reimagined Coastal Estate is listed at $27,998,000, representing a stable acquisition opportunity at its $27,998,000 Fair Market Value. Boasting a Condition Rating of 2, the 10,087 sqft residence features a modern chef’s kitchen, resort-style pool, and panoramic ocean views of Catalina Island. Located in the prestigious guard-gated Pelican Crest enclave, the property provides access to top-rated schools including El Morro Elementary, Thurston Middle, and Corona Del Mar High School. This turnkey sanctuary is the ultimate legacy property for discerning luxury buyers or Owner-Occupants seeking a refined coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Pelican Crest Drive Subject | $27,998,000* List Price | 5 | 8 | 10,087 | $2,497 | - |
A 50 Pelican Crest Active | $23,995,000 List Price | 6 | 8 | 8,900 | $2,696 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, this estate has been 'newly reimagined' with a comprehensive, high-end renovation. It features a modern chef's kitchen, bespoke finishes, a contemporary glass spiral staircase, and updated luxury amenities including a spa-inspired primary bath, movie theater, and gym. The property is in turn-key condition with no deferred maintenance, 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).
A Singular Coastal Estate with Iconic Views Perched atop one of the most coveted parcels in the prestigious guard-gated enclave of Pelican Crest, 22 Pelican Crest Drive is a newly reimagined architectural masterpiece that sets a new standard for coastal luxury. Positioned on an expansive pie-shaped lot of approximately 18,550 sq ft, this estate captures breathtaking sit-down views of the Pacific Ocean, Catalina Island, and the glittering city lights from nearly every room. Encompassing over 10,000 sq ft of sophisticated living space, the residence seamlessly blends grand-scale entertaining with intimate everyday living. A dramatic double-height foyer with soaring vaulted ceilings and a striking modern spiral glass staircase creates an unforgettable first impression, while walls of glass and open-concept design invite natural light and showcase the spectacular vistas beyond. This five-bedroom, seven-and-one-half-bathroom estate has been meticulously renovated with bespoke finishes and thoughtful details throughout. The primary suite is a sanctuary unto itself, featuring panoramic ocean views, a private sitting room/retreat, an oversized spa-inspired bath, and a couture-quality custom closet. Designed with effortless indoor-outdoor flow, the property boasts multiple terraces and entertaining spaces to capture sunsets over the Pacific. The home features all of the expected modern indulgences of a custom estate including movie theater, gym, chef's kitchen, oversized walk in wine cellar, billiards & tasting area, bar, outdoor kitchen, and resort style pool with multiple lounging and sitting areas. The property location and lush landscaping provide unrivaled privacy and curb appeal, befitting this world-class residence. Turn-key and timeless, 22 Pelican Crest is more than a home—it’s a statement of refinement and a rare opportunity to own a legacy property in one of Southern California’s most exclusive coastal communities.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades PK-6 • 1.6 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 56% |
| Baths | 8.0 | 5.0 | 84% |
| Square foot | 10,087 | 4,000 | 84% |
| Lot Size | 18,550 | 10,180 | 74% |
| Price | $28.00M | $9.10M | 88% |
| Price per sq ft | $2.8K | $1.9K | 79% |
| Built year | 2000 | 2001 | 42% |
| HOA | $1080.0 | $640 | 84% |
| Days on market | 280 | 197 | 72% |
Jan 11, 2026
$27,998,000
$29,998,000
-7% Price Drop
Initial Listing
Jul 16, 2025
$29,998,000
Initial Listing