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

5 Pelican Vista Drive, Newport Coast, California 92657 home-pic-0

5 Pelican Vista Drive

Newport Coast, California 92657

ACTIVE
CONDITION: EXCELLENT
4Beds
6Baths
8,176Sq Ft
26,092Lot Size

Property Price

LIST PRICE$25,999,000
EST. MARKET VALUE
$24,842,204
4% AboveMARKET VALUE

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

$24,842,204
Based on Realkey algorithm analyzing recent comparable sales in Newport Coast.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5 Pelican Vista Drive
Subject
$25,999,000*
List Price
468,176$3,038-
A
50 Pelican Crest Drive
Active
$23,995,000
List Price
688,900$2,6960.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

9/10

Harbor View Elementary School

Grades PK-6 • 1.8 mi

9/10

El Morro Elementary School

Grades K-5 • 3.1 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths6.05.0
74%
Square foot8,1764,000
88%
Lot Size26,0929,376
95%
Price$26.00M$8.57M
93%
Price per sq ft$3.2K$1.7K
95%
Built year20052001
76%
HOA$900.0$541
79%
Days on market232185
62%

Pricing History

Listed for Sale

Oct 14, 2025

$25,999,000

Initial Listing

Price Change

Jul 18, 2025

$26,995,000

Initial Listing

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