28 Shoreridge, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 7 bath
28 Shoreridge
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 28 Shoreridge, Newport Coast, California 92657 reveals a Fairly Priced Property with a current list price of $13,999,999 aligned with the estimated $13,999,999 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 28 Shoreridge Subject | $13,999,999* List Price | 5 | 7 | 8,000 | $1,750 | - |
A 6 Windemere Court Sold | $10,920,000 | 5 | 5 | 5,364 | $2,036 | 0.3 mi |
B 9 Vista Alberi Active | $13,950,000 List Price | 6 | 7 | 6,198 | $2,251 | 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 property, though built in 2001, has been 'just redesigned, curated and completed May of 2025,' indicating an extensive, high-end renovation within the last year. The description highlights 'bespoke finishes,' 'granite, marble, pedigree wood floors,' and top-tier appliances like Bosch, Sub-Zero, and Wolf in the chef's kitchen and secondary prep kitchen. Bathrooms feature 'Waterworks faucets and accessories.' All these details, combined with designer lighting and a 'completely turn-key' status, confirm that all components are new or virtually new, meeting the highest quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
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).
- Unrivaled Panoramic Views
The estate offers breathtaking, unobstructed panoramic views of the Pacific Ocean, coastline, and surrounding landscape from its coveted ridge-top location.
- Newly Reimagined & Turn-Key
Recently redesigned, curated, and completed in May 2025, this estate is presented in a fully turn-key condition with modern refinements and bespoke finishes.
CONSRISKS & DEFICIENCIES
- Ultra-Luxury Price Point
The nearly $14 million list price positions this property in an extremely exclusive market segment, significantly narrowing the pool of potential buyers.
- Ongoing Association Fees
A monthly HOA fee of $595 is an additional recurring cost that buyers must factor into their ownership expenses.
- Specific Architectural Style
The 'timeless European Italianate architecture' may appeal to a specific taste, potentially limiting broader market appeal compared to more universally desired contemporary designs in the ultra-luxury segment.
About 28 Shoreridge
28 Shoreridge is a Sanctuary of Prestige, Privacy and Pacific views just redesigned, curated and completed May of 2025. This acquisition is not just a property, but a legacy estate of exclusivity that elevates and secures your status, for the next generation of discerning collectors and savvy investors with a value above list. Perched atop the most coveted ridge of Newport Coast, this newly reimagined estate is a rare offering within the guard-gated enclave of Pelican Crest, with views of the Pacific that few properties in Southern California can rival. Every detail of the estate has been curated by designer Charles Provenzano, Jr. to balance timeless European Italianate architecture with modern refinement and rendering it completely turn-key. Expansive living spaces flow seamlessly to ocean-facing terraces, creating a harmony of indoor-outdoor living. The re-envisioned interiors feature bespoke finishes, soaring ceilings, and gallery walls designed to showcase art collections. A resort-caliber lifestyle unfolds across the grounds: a pool and spa that merges with the horizon, a private wellness room, a wine cellar for connoisseurs, and multiple entertaining salons. The chef’s kitchen and secondary prep kitchen are designed for both intimate dining and grand scale entertaining a separate multigenerational wing and library for meditation and peaceful thinking and a home theater to round out the amenities. With 5 bedrooms (option for 7) and 7 baths, formal and casual dining rooms and elevator make this estate perfection. The curated 3 level interior with granite, marble, pedigree wood floors, San Lanvin lighting, Talia Chandeliers, Waterworks faucets and accessories, Bosch, Sub-Zero and Wolf influence the status of extraordinary for this legacy estate. Beyond its beauty, the estate offers absolute privacy and security, with a long drive and discreet staff accommodations. Connectivity to the world-renowned Pelican Hill Resort & Golf Club, private beaches, and the prestige of one of Newport Coast’s most exclusive addresses. This is more than a home—it is a legacy estate, reimagined for the next generation of discerning collectors. Clubhouse, pool, spa, tennis, basketball-HOA amenities, Pelican Hill resort/gulf & world class shopping close vicinity. Information deemed reliable but not guaranteed, buyer duty of confirmation of information.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 15,753 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
Newport Coast Unified Schools
Newport Coast Elementary School
Grades PK-6 • 1.0 mi
Harbor View Elementary School
Grades PK-6 • 2.0 mi
El Morro Elementary School
Grades K-5 • 3.0 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 | 7.0 | 5.0 | 83% |
| Square foot | 8,000 | 4,000 | 86% |
| Lot Size | 15,753 | 9,376 | 83% |
| Price | $14.00M | $8.57M | 83% |
| Price per sq ft | $1.7K | $1.7K | 50% |
| Built year | 2001 | 2001 | 50% |
| HOA | $595.0 | $541 | 62% |
| Days on market | 303 | 185 | 86% |
Pricing History
Listed for Sale
May 8, 2025
$13,999,999
Initial Listing