24 Fairway, Newport Coast, California 92657, Newport Coast, 92657 - 6 bed, 9 bath

24 Fairway
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 24 Fairway, Newport Coast, California 92657 reveals a Prime Investment Opportunity with a current list price of $32,800,000—significantly undercutting the $36,719,560 Fair Market Value by 10%. This valuation gap indicates a +$3,919,560 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 24 Fairway Subject | $32,800,000* List Price | 6 | 9 | 8,834 | $4,157 | - |
A 18 Sail Vista Active | $34,900,000 List Price | 6 | 8 | 7,543 | $4,627 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This estate has undergone a comprehensive, master-level renovation that effectively makes it a brand-new home. The interior features high-end finishes including Venetian plaster, bespoke oak paneling, and wide-plank flooring. The kitchen is a modern masterpiece with waterfall-edge stone islands and integrated professional-grade appliances, while the bathrooms are clad in exotic stone with contemporary fixtures. With a newly installed mini-pebble pool, a massive 12-car subterranean garage, and seamless bifold doors for indoor-outdoor living, the property meets the highest standards of luxury and modern construction with no deferred maintenance.
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).
- Premier Front-Row Views
The estate occupies a coveted front-row position in Pelican Hill, offering rare, unobstructed panoramic views of the Pacific Ocean and the world-class golf course.
- Elite Car Collector Facility
A massive 3,156-square-foot subterranean garage accommodates up to 12 vehicles, providing an exceptional and rare amenity for high-end automotive enthusiasts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19166, other record lot size in square feet = 18500.
- Aggressive Market Pricing
The listing price of $32.8 million represents a massive appreciation from its 2021 sale price of $8.8 million, which may challenge appraisal values despite the extensive remodel.
- High Carrying Costs
Prospective owners face substantial ongoing expenses, including a $1,080 monthly association fee and significant property taxes associated with the high valuation.
About 24 Fairway
MASTERFULLY REMODELED. TURN KEY. FRONT ROW OCEAN & GOLF COURSE VIEWS. Commanding a premier front row position within the prestigious guard-gated enclave of Pelican Hill, 24 Fairway Point is a fully reimagined coastal estate offering unobstructed ocean and golf course views. Transformed through a comprehensive renovation, this stunning home blends modern luxury with exceptional craftsmanship. A true sense of arrival begins at the dramatic steel entry doors, opening to a voluminous double-height foyer that immediately sets the tone. Custom chandeliers, bespoke oak paneling, and Venetian plaster walls frame a breathtaking grand entry. Just off the foyer, a striking two-story library with a marble fireplace provides an intimate retreat overlooking the beautifully manicured front grounds. A coveted architectural advantage distinguishes this home from others in Pelican Hill: the resort-style backyard sits directly off the main living level. Walls of bifold doors create seamless indoor-outdoor living, allowing the great room, dining area, and chef’s kitchen to flow effortlessly onto a limestone terrace. Framed by ocean and fairway views, the backyard features a new mini pebble pool and spa, outdoor fireplace, and oversized BBQ island, creating a true main-level resort experience. A refined guest suite completes the main floor. The functional floor plan continues upstairs with four generously sized bedroom suites, including a stunning primary retreat positioned to capture sweeping coastal sunsets. The primary suite showcases custom millwork and a spa-like bath clad in exotic stone, while three additional bedrooms, each featuring ensuite baths and distinct, thoughtfully curated design elements round out the upper level. The lower floor is designed for both entertainment, featuring a temperature-controlled wine cellar, expansive flex space for theater or gym use, and a secluded and spacious sixth bedroom suite. Completing the home is an extraordinary 3,156 square foot 12-car subterranean garage—an exceptional and rare offering ideal for collectors or recreational vehicles. Ideally located moments from Fashion Island, Crystal Cove State Beach, award-winning schools, and the world renown Pelican Hill Resort and Golf Club, 24 Fairway Point represents a rare opportunity to own a fully renovated estate with grand scale and unobstructed front row views in Southern California’s most coveted coastal communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 19,166 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 9 (9 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1080.0 / Month
Neighborhood Insights
Newport Coast Unified Schools
Harbor View Elementary School
Grades PK-6 • 1.2 mi
Newport Coast Elementary School
Grades PK-6 • 1.7 mi
El Morro Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 93% |
| Baths | 9.0 | 5.0 | 90% |
| Square foot | 8,834 | 4,000 | 88% |
| Lot Size | 19,166 | 9,376 | 86% |
| Price | $32.80M | $8.57M | 95% |
| Price per sq ft | $3.7K | $1.7K | 98% |
| Built year | 2006 | 2001 | 81% |
| HOA | $1080.0 | $541 | 90% |
| Days on market | 44 | 180 | 2% |
Pricing History
Listed for Sale
Jan 22, 2026
$32,800,000
Initial Listing
Sold
Jun 3, 2024
$1,592,000
Public Record
Sold
Jul 23, 2021
$8,800,000
Public Record
Sold
Oct 30, 2015
$9,100,000
Public Record
Sold
Jul 7, 2006
$8,750,000
Public Record








































