3 Coral Cay, Newport Coast, California 92657, Newport Coast, 92657 - 3 bed, 4 bath

3 Coral Cay, Newport Coast, California 92657 home-pic-0
ACTIVE$11,250,000$3,982/sqft
Est. Value: $10,304,415
-8%
AboveEstimate
3 Coral Cay, Newport Coast, California 92657
3Beds
4Baths
3,982Sqft
9,250Lot

Price Vs. Estimate

The estimated value ($10,304,415.39) is $945,584.61 (8%) lower than the list price ($11,250,000). This property may be overpriced.

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:
High Monthly Association Fees: The property carries a significant monthly association fee of $945.0, which adds a substantial ongoing cost to homeownership.

Compared to the nearby listings

Price:$11.25M vs avg $7.44M (+$3,812,500)77%
Size:3,982 sqft vs avg 3,884.5 sqft50%
Price/sqft:$2.8K vs avg $1.7K85%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this luxury estate has been meticulously maintained and extensively updated, presenting as virtually new. The gourmet kitchen features premium Sub-Zero appliances, an oversized island with a modern waterfall-edge countertop, and an artful tile backsplash, all in pristine condition. Bathrooms are spa-inspired with high-end fixtures, modern vanities, and elegant tiling. Honed limestone and light wood flooring throughout, along with contemporary lighting and custom finishes, reflect current luxury standards with no visible deferred maintenance.
Year Built
2006
Close
-
List price
$11.25M
Original List price
$11.25M
Price/Sqft
$2,825
HOA
$945
Days on market
-
Sold On
-
MLS number
TR26002035
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Canyon, Mountain(s), Ocean, Panoramic
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Canyon,Mountain(s),Ocean,Panoramic

About this home

Welcome to this breathtaking luxury estate located in the exclusive, guard-gated enclave of Crystal Cove in Newport Coast. Perched high above the Pacific, this extraordinary residence offers panoramic ocean, canyon, and coastline views that create a truly serene and private retreat. This custom-designed masterpiece blends timeless Mediterranean elegance with contemporary sophistication. From the moment you arrive, you're greeted by exquisite curb appeal: rustic stone accents, terracotta rooflines, and a peaceful, tree-lined driveway that sets the tone for the home's serene and elevated ambiance. A gracious arched entryway leads into a luminous foyer and tranquil interior courtyard, framed by architectural columns and punctuated by a sculptural water feature — a design centerpiece that blurs the line between indoor and outdoor living. The heart of the home is a light-filled great room, seamlessly flowing into the gourmet kitchen and dining spaces. A dramatic arched window showcases panoramic coastline views, while the open-concept floor plan is anchored by high ceilings, honed limestone flooring, and custom wood detailing throughout. The chef’s kitchen is outfitted with premium Sub-Zero appliances, an oversized island with waterfall-edge countertop, and an artful tile backsplash. The adjacent formal dining room offers two sets of French doors to the courtyard and a stunning custom geometric feature wall — ideal for entertaining in any season. This home features 4 bedrooms and 3.5 bathrooms, including two main-level bedrooms — one of which serves as a second primary suite or private guest quarters. Upstairs, the primary suite is a true sanctuary with a private ocean-view Juliet balcony, spa-inspired bath with tub, and views that stretch across the coastline. An additional en-suite bedroom and a fully built-out home office/loft with rich wood cabinetry complete the upper level. Step outside your own resort-style backyard where a luxurious infinity-edge pool/spa, lush landscaping, and a custom-built fire feature overlook the sparkling Pacific. Multiple lounge areas, an outdoor kitchen with built-in BBQ, and a shaded dining pavilion invite unforgettable sunset gatherings and elegant al fresco living. Located in the 24-hour guard-gated community of Crystal Cove, residents enjoy access to private Canyon Club amenities, dining and shopping at Crystal Cove Promenade, miles of pristine beaches, scenic trails, and top-tier Newport Coast schools.

I
Ivy Kung
Listing Agent

Nearby schools

9/10
Newport Coast Elementary School
Public,PK-61.3mi
9/10
El Morro Elementary School
Public,K-52.3mi
9/10
Harbor View Elementary School
Public,PK-63.0mi
9/10
Thurston Middle School
Public,6-84.2mi
9/10
Laguna Beach High School
Public,9-124.0mi
9/10
Corona Del Mar High School
Public,7-124.6mi

Price History

Date
Event
Price
05/15/20
Sold
$4,200,000
04/02/13
Sold
$3,750,000
04/21/10
Sold
$2,518,000
07/13/07
Sold
$3,500,000
Condition Rating
Excellent

Built in 2006, this luxury estate has been meticulously maintained and extensively updated, presenting as virtually new. The gourmet kitchen features premium Sub-Zero appliances, an oversized island with a modern waterfall-edge countertop, and an artful tile backsplash, all in pristine condition. Bathrooms are spa-inspired with high-end fixtures, modern vanities, and elegant tiling. Honed limestone and light wood flooring throughout, along with contemporary lighting and custom finishes, reflect current luxury standards with no visible deferred maintenance.
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).
Unparalleled Panoramic Views: The property offers breathtaking panoramic ocean, canyon, and coastline views from its elevated position, including a primary suite Juliet balcony and a resort-style backyard overlooking the Pacific, enhancing its luxury appeal.
Exclusive Guard-Gated Community & Amenities: Located within the exclusive, 24-hour guard-gated Crystal Cove enclave, residents benefit from enhanced security, privacy, and access to private Canyon Club amenities, pristine beaches, scenic trails, and top-tier schools.
Luxury Resort-Style Outdoor Living: The backyard is a true resort oasis featuring a luxurious infinity-edge pool/spa, lush landscaping, a custom fire feature, multiple lounge areas, an outdoor kitchen with built-in BBQ, and a shaded dining pavilion, perfect for entertaining and enjoying sunsets.
High-End Custom Design & Finishes: This custom-designed masterpiece blends timeless Mediterranean elegance with contemporary sophistication, showcasing exquisite curb appeal, a tranquil interior courtyard, high ceilings, honed limestone flooring, custom wood detailing, and a chef’s kitchen with premium Sub-Zero appliances and an oversized island.
Versatile Floor Plan with Main-Level Suites: The home features a flexible layout with two main-level bedrooms, one serving as a second primary suite or private guest quarters, providing convenience and adaptability for various living arrangements or multi-generational needs.

Cons

High Monthly Association Fees: The property carries a significant monthly association fee of $945.0, which adds a substantial ongoing cost to homeownership.
Substantial Ongoing Maintenance for Luxury Features: The extensive luxury amenities, including the infinity-edge pool/spa, elaborate landscaping, and outdoor kitchen, will require considerable ongoing financial investment and time for maintenance and upkeep.
High Property Tax Burden: Given the multi-million dollar valuation in Newport Coast, the annual property tax liability will be exceptionally high, representing a significant recurring expense for prospective buyers.
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