5 Pelican Vista Drive, Newport Coast, California 92657, Newport Coast, 92657 - 4 bed, 6 bath

5 Pelican Vista Drive
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 5 Pelican Vista Drive, Newport Coast, California 92657 reveals a property with a current list price of $25,999,000, which is 4% above the estimated $24,842,204 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 5 Pelican Vista Drive Subject | $25,999,000* List Price | 4 | 6 | 8,176 | $3,038 | - |
A 50 Pelican Crest Drive Active | $23,995,000 List Price | 6 | 8 | 8,900 | $2,696 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2005, presents in an excellent, virtually new condition despite its age. The description highlights an 'opulent interior' with 'stone imported from France and Italy,' 'French white oak flooring,' and 'custom-made steel windows and French doors.' The chef's kitchen is equipped with top-tier Sub-Zero and Wolf appliances, stone countertops, and custom cabinetry, all appearing pristine in the images. The primary bathroom features a luxurious soaking tub and high-end finishes. Modern amenities like EV charging, full-house water filtration, Sonos sound system, and Lutron lighting further underscore its superior quality and up-to-date systems. There is no visible wear, tear, or deferred maintenance, indicating meticulous upkeep that meets current luxury standards.
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 property offers phenomenal, ever-changing panoramic views from both levels, encompassing lush fairways, a canyon, the Pacific Ocean, Newport Harbor, San Clemente, Santa Catalina Island, and city lights stretching to Palos Verdes, enhancing its prestige and value.
- Exclusive Guard-Gated Community & Privacy
Located within the guard-gated Pelican Crest community and situated at the end of a private cul-de-sac, the villa offers exceptional security, exclusivity, and tranquility.
CONSRISKS & DEFICIENCIES
- Exorbitant Price Point
With a list price of nearly $26 million, the property targets an extremely niche market, potentially leading to a longer sales cycle and limited buyer pool.
- High Ongoing Maintenance & Operating Costs
A property of this magnitude, featuring extensive landscaping, a pool, high-end systems, and a $900 monthly association fee, will incur substantial ongoing maintenance and operational expenses.
- Lack of Explicit Central Air Conditioning Mention
Despite the detailed description of luxury features, there is no explicit mention of a central air conditioning system, which could be a concern for some buyers in a high-value property in Southern California.
About 5 Pelican Vista Drive
Ever-changing by day and night, the phenomenal panoramic views of 'Villa Saffron' are in a league of their own. They are experienced from both levels of the St. Tropez-inspired villa at guard-gated Pelican Crest in Newport Coast. The immersive vistas stretch across lush fairways, a canyon, the azure waters of the Pacific Ocean, Newport Harbor, San Clemente and Santa Catalina Island. Enchanting city lights reach as far as Palos Verdes. The terraced grounds tower 604 feet above sea level. They command front-row views that complement a backyard with upper and lower terraces, four lawn areas, loggias, custom fireplace/wood-burning pizza oven. The outdoor kitchen features a built-in 48" Lynx BBQ. Located close to the end of a private cul-de-sac, the villa showcases exquisite landscaping, a walled and gated front yard with a limestone colonnade pool, and a large, fireplace-warmed atrium. Spanning nearly 26,092 SF, the estate’s sumptuous homesite by EBTA architects, built by PrideMark, compliments an opulent interior that extends approximately 8,176 SF. It features four en suite bedrooms (one at entry-- currently used as an office), four full baths, and two half baths. An inviting foyer and grand staircase provides an elegant introduction to living areas including a media room, sunny office with enchanting views, a circular formal dining room surrounded by columns, and a spacious great room with an ornate hand-carved limestone fireplace. The chef’s kitchen boasts an oversized island, ocean-view breakfast room, butler’s pantry, two sinks, stone countertops, custom cabinetry, built-in side by side Sub-Zero refrigerator/freezer, steam oven, six-burner Wolf range, and double ovens. Note worthy materials include stone imported from France and Italy, antique French pavers, French white oak flooring, along with custom-made steel windows and French doors. All rooms except the media room offer access to an outdoor patio, terrace, loggia, or Juliet balcony, with the ocean-view primary suite boasting two decks, pocket doors at its entrance, a sitting room, two walk-in closets with custom built-ins, retractable sun shade, and luxe bath featuring a soaking tub and separate shower. Additional highlights include a 350+ bottle temperature-controlled wine cellar, wet bar, EV charging, full house water filtration and soft water by Water Techniques, Sonos sound system, Lutron lighting, as well as the option to build an ADU on the terraced lot with a spectacular view.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 26,092 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / Month
Neighborhood Insights
Newport Coast Unified Schools
Newport Coast Elementary School
Grades PK-6 • 1.3 mi
Harbor View Elementary School
Grades PK-6 • 1.8 mi
El Morro Elementary School
Grades K-5 • 3.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 5.0 | 74% |
| Square foot | 8,176 | 4,000 | 88% |
| Lot Size | 26,092 | 9,376 | 95% |
| Price | $26.00M | $8.57M | 93% |
| Price per sq ft | $3.2K | $1.7K | 95% |
| Built year | 2005 | 2001 | 76% |
| HOA | $900.0 | $541 | 79% |
| Days on market | 232 | 185 | 62% |
Pricing History
Listed for Sale
Oct 14, 2025
$25,999,000
Initial Listing
Price Change
Jul 18, 2025
$26,995,000
Initial Listing


































































