
Newport Coast, California 92657
This Stunning Move-In Ready Home is listed at $4,995,000, reflecting a premium valuation consistent with its elite location. Featuring a Designer Remodeled Interior with white oak flooring and a gourmet quartzite kitchen, the property boasts an Excellent Condition Rating requiring zero immediate work. Situated in the prestigious Pelican Ridge enclave, the residence offers Unobstructed Canyon Views and access to Top-Rated Schools like El Morro Elementary and Corona Del Mar High. This sanctuary combines financial stability with coastal luxury, making it the perfect fit for discerning professionals or luxury owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54 Coral Reef Subject 3 bd · 3 ba · 2,663 sqft · $1,733 | $4,995,000* List Price | 3 | 3 | 2,663 | $1,733 | - |
A 36 Tidal Surf Sold 3 bd · 4 ba · 2,964 sqft · $2,185 · 0.2 mi | $6,475,000 | 3 | 4 | 2,964 | $2,185 | 0.2 mi |
B 36 Tidal Surf Sold 3 bd · 4 ba · 2,964 sqft · $1,569 · 0.2 mi | $4,650,000 | 3 | 4 | 2,964 | $1,569 | 0.2 mi |
C 14 Coral Reef Sold 3 bd · 3 ba · 2,633 sqft · $1,500 · 0.2 mi | $3,950,000 | 3 | 3 | 2,633 | $1,500 | 0.2 mi |
D 50 Tidal Surf Sold 3 bd · 4 ba · 2,964 sqft · $1,552 · 0.1 mi | $4,600,000 | 3 | 4 | 2,964 | $1,552 | 0.1 mi |
E 25 Lyon Pending 3 bd · 3 ba · 2,530 sqft · $1,383 · 0.9 mi | $3,499,000 List Price | 3 | 3 | 2,530 | $1,383 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the residence has undergone a comprehensive, high-end interior and exterior renovation within the last 5 years. Key updates include a modern kitchen with quartzite countertops and premium appliances, designer bathrooms with stone finishes and a freestanding tub, new white oak flooring, and dual HVAC systems. The property is in mint condition with no maintenance required.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
The property occupies a rare 'front-row' position on a quiet cul-de-sac, offering breathtaking, uninterrupted canyon vistas without any rooftops obstructing the natural landscape.
Features high-end upgrades including white oak flooring, a gourmet kitchen with quartzite countertops, and a luxurious primary suite, providing a sophisticated, move-in-ready experience.
With a list price of nearly $5 million for approximately 2,663 square feet, the property commands a high price-per-square-foot that may challenge appraisal values or budget-conscious buyers.
Offering only three bedrooms, the home may lack the versatility required by larger families or professionals seeking multiple dedicated home office spaces at this luxury price tier.
Privacy, security, and an extraordinary front-row vantage point define this exceptional Pelican Ridge residence, where unobstructed canyon vistas stretch across a breathtaking natural landscape without a rooftop in sight. Tucked along a quiet cul-de-sac within one of Newport Coast's prestigious 24-hour guard-gated enclaves, 54 Coral Reef enjoys a remarkable sense of seclusion, complemented by beautifully remodeled interiors and a tranquil, park-like setting. Encompassing ~2,663 sq. ft. on a 5,280-sq.-ft. lot, the residence offers 3 bedrooms, 3 baths, and a thoughtfully designed floor plan. A dramatic entry with soaring ceilings, a beautifully updated staircase with white oak treads and black iron railings, and an adjacent private office introduce the home's refined interiors. White oak flooring, abundant natural light, and thoughtfully framed sightlines create an inviting sense of openness throughout. The formal dining room enjoys picturesque canyon views, while the adjoining living spaces are anchored by a striking white stone fireplace, custom built-ins, and French doors connecting the interiors to the outdoors. The beautifully remodeled kitchen features custom cabinetry, quartzite countertops and backsplashes, a generous center island, glass-front cabinetry, updated appliances, and a walk-in pantry. Additional enhancements include custom window treatments, integrated Yamaha speakers, and dual HVAC systems. Upstairs, the spacious primary suite offers a peaceful retreat with verdant views, abundant natural light, and a beautifully appointed bath featuring dual vanities, a freestanding soaking tub, and a glass-enclosed shower with dramatic stone finishes. Two additional bedrooms complete the upper level, including one with a private balcony. Recently redesigned, the exceptionally private backyard provides a resort-inspired setting overlooking uninterrupted canyon vistas. Expansive entertaining terraces, a custom stone fire feature with built-in seating, multiple lounging areas, and a substantial barbecue island with bar seating create an inviting environment for outdoor gatherings. Mature landscaping and glass fencing preserve the remarkable natural outlook and a private pathway providing access to a nearby park further enhance the property. Moments from Crystal Cove, Pelican Hill, world-class shopping and dining, and John Wayne Airport, this exceptional residence offers a compelling combination of privacy, refined coastal living, and natural beauty.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 2.3 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 3.0 | 5.6 |
| Square foot | 2,663 | 5,039.615 |
| Lot Size | 5,280 | 12,368.808 |
| Price | $5.00M | $8.36M |
| Price per sq ft | $1.9K | $1.8K |
| Built year | 1997 | 2001 |
| HOA | $603.0 | $653 |
| Days on market | 4 | 83 |
Oct 21, 2026
$4,995,000
Initial Listing
Aug 7, 2017
$2,275,000
Public Record
Feb 21, 2012
$1,440,000
Public Record
Sep 4, 2009
$1,450,000
Public Record
Jul 21, 2003
$1,200,000
Public Record
Mar 5, 1997
$564,500
Public Record