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25 Spinnaker, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 7 bath

25 Spinnaker, Newport Coast, California 92657 home-pic-0
ACTIVE$29,950,000
25 Spinnaker, Newport Coast, California 92657
5Beds
7Baths
8,010Sqft
20,857Lot

Price Vs. Estimate

The estimated value ($31,500,000) is $1,550,000 (5%) higher than the list price ($29,950,000). This property may be underpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Exorbitant Price Point: Despite significant reductions, the current list price of nearly $30 million severely restricts the potential buyer pool to an extremely niche market, potentially prolonging market time.

Compared to the nearby listings

Price:$29.95M vs avg $7.10M (+$22,850,000)95%
Size:8,010 sqft vs avg 3,912 sqft93%
Price/sqft:$3.7K vs avg $1.8K98%

More Insights

Built in 2018 (7 years old).
Condition: This property was custom-built in 2018, making it only 6 years old, which falls well within the 'Excellent' criteria for being built within 10 years. The listing explicitly highlights 'architectural refinement, modern innovation, and coastal grandeur,' and the images confirm a pristine, contemporary aesthetic throughout. The kitchen boasts professional-grade Wolf appliances, custom cabinetry, and a large waterfall island, all appearing brand new and high-end. The bathrooms are described as 'designer' and feature modern vanities, stylish tiling, and contemporary fixtures. Hardwood flooring, recessed lighting, and state-of-the-art systems like whole-house water filtration and air purification further underscore its top-tier condition. There is no evidence of deferred maintenance or physical depreciation; the property is virtually new and meets the highest quality standards.
Year Built
2018
Close
-
List price
$29.95M
Original List price
$31.5M
Price/Sqft
$3,739
HOA
$945
Days on market
-
Sold On
-
MLS number
OC25239527
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Ocean, Water
Deck
Patio
ViewCity Lights,Coastline,Ocean,Water

About this home

**REDUCED BY $1,550,000 FROM ORIGINAL LIST PRICE** Creative Seller Financing available. Positioned at the end of an exclusive cul-de-sac within the guard-gated enclave of Crystal Cove, 25 Spinnaker unveils a rare blend of architectural refinement, modern innovation, and coastal grandeur. Custom-built in 2018, this ~8,010 square foot contemporary estate is thoughtfully sited on a ~20,800+ square foot parcel, capturing uninterrupted vistas of the Pacific Ocean, Catalina Island, and Newport Harbor from nearly every vantage point. Every element of this residence reflects exceptional craftsmanship and purposeful design. The open concept layout harmonizes grand scale living with effortless indoor-outdoor flow. Light-filled interiors reveal five en-suite bedrooms, including a main-level junior suite ideal for guests or multigenerational living, alongside 7 designer bathrooms, a sophisticated executive office, and an upstairs bonus lounge. Curated with distinction, the home features a fully equipped state-of-the-art movie theater, whole-house water filtration system, and new air purification scrub filters ensuring unparalleled comfort and wellness. The chef’s kitchen integrates professional-grade Wolf appliances, custom cabinetry, and a generous center island designed for both culinary artistry and entertaining. A private gated entry introduces the estate, opening to a grand motor court and a four-car garage equipped with custom built-in cabinetry and direct access to the residence. The surrounding grounds showcase lush, low-maintenance landscaping and provide a resort-like setting that creates the perfect setting for relaxation and entertaining, all complemented by sweeping ocean breezes and breathtaking panoramic coastal views. A testament to modern coastal luxury, 25 Spinnaker delivers privacy, prestige, and perfection. Just moments from the world-class dining, boutiques, and beaches that define the Newport Coast lifestyle.

Nearby schools

9/10
Newport Coast Elementary School
Public,•PK-6•1.5mi
9/10
El Morro Elementary School
Public,•K-5•2.1mi
9/10
Harbor View Elementary School
Public,•PK-6•2.9mi
9/10
Thurston Middle School
Public,•6-8•4.3mi
9/10
Laguna Beach High School
Public,•9-12•4.0mi
9/10
Corona Del Mar High School
Public,•7-12•4.6mi
Condition Rating
Excellent
This property was custom-built in 2018, making it only 6 years old, which falls well within the 'Excellent' criteria for being built within 10 years. The listing explicitly highlights 'architectural refinement, modern innovation, and coastal grandeur,' and the images confirm a pristine, contemporary aesthetic throughout. The kitchen boasts professional-grade Wolf appliances, custom cabinetry, and a large waterfall island, all appearing brand new and high-end. The bathrooms are described as 'designer' and feature modern vanities, stylish tiling, and contemporary fixtures. Hardwood flooring, recessed lighting, and state-of-the-art systems like whole-house water filtration and air purification further underscore its top-tier condition. There is no evidence of deferred maintenance or physical depreciation; the property is virtually new and meets the highest quality standards.
Pros & Cons

Pros

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).
Unrivaled Panoramic Views: The property offers uninterrupted vistas of the Pacific Ocean, Catalina Island, and Newport Harbor from nearly every vantage point, providing a breathtaking and highly desirable feature.
Exclusive Guard-Gated Location: Positioned at the end of an exclusive cul-de-sac within the prestigious guard-gated enclave of Crystal Cove, ensuring privacy, security, and a highly sought-after address in Newport Coast.
Modern Luxury & Custom Craftsmanship: Custom-built in 2018, this contemporary estate showcases exceptional craftsmanship, purposeful design, and state-of-the-art amenities including a movie theater, advanced filtration systems, and a professional-grade kitchen.
Significant Price Adjustment & Flexible Financing: A substantial $1,550,000 reduction from the original list price, coupled with creative seller financing options, presents a compelling value proposition and increased accessibility for qualified buyers.
Expansive & Thoughtfully Designed Living Space: With ~8,010 square feet of living space, 5 en-suite bedrooms, an executive office, and a bonus lounge, the open-concept layout provides grand scale living with seamless indoor-outdoor flow.

Cons

Exorbitant Price Point: Despite significant reductions, the current list price of nearly $30 million severely restricts the potential buyer pool to an extremely niche market, potentially prolonging market time.
High Monthly Association Fees: The $945.0 monthly association fee adds a substantial recurring cost to ownership, which could be a deterrent for some ultra-luxury buyers, even at this price point.
Market Perception from Price Reductions: Multiple price reductions, totaling over $1.5 million, might lead potential buyers to question the initial pricing strategy or perceive a lack of strong market demand at this ultra-luxury tier.

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