78 Pelican Court, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath
78 Pelican Court
Newport Beach, California 92660
Property Price
SUMMARY
Analysis of 78 Pelican Court, Newport Beach, California 92660 reveals a Fairly Priced Property with a current list price of $2,295,000 aligned with the estimated $2,253,175 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 Beach 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 |
|---|---|---|---|---|---|---|
★ 78 Pelican Court Subject | $2,295,000* List Price | 3 | 3 | 1,625 | $1,387 | - |
A 24 Cormorant Sold | $1,999,000 | 2 | 2 | 1,217 | $1,643 | 0.1 mi |
B 3113 Corte Linda Sold | $2,907,770 | 4 | 3 | 2,272 | $1,280 | 0.7 mi |
C 2441 Vista Nobleza Sold | $2,050,000 | 3 | 2 | 2,003 | $1,023 | 0.7 mi |
D 63 Shearwater Active | $2,499,000 List Price | 3 | 3 | 1,739 | $1,437 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end luxury remodel that qualifies it for an excellent rating despite its 1986 build date. Every major component is new or virtually new, including a high-end kitchen with Monogram appliances and Walker Zanger quartz, designer bathrooms with Restoration Hardware fixtures, and significant infrastructure upgrades such as a new HVAC system and full re-piping. The finishes and systems meet the highest current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Luxury Turnkey Remodel
The residence has been meticulously renovated with high-end finishes, including Walker Zanger quartz, Monogram appliances, and Restoration Hardware fixtures, offering a sophisticated, move-in-ready coastal lifestyle.
- Premium Infrastructure Upgrades
Beyond aesthetics, the home features significant mechanical upgrades such as a new HVAC system, full re-piping, and water-treatment plumbing, ensuring long-term reliability and reduced maintenance costs.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 1,625 square feet, the interior living space is relatively compact for a three-bedroom home in this price bracket, which may not suit buyers seeking more expansive room dimensions.
- Modest Lot Size
The 3,500 square foot lot provides limited outdoor space for gardening or large-scale entertaining compared to other single-family residences in the Newport Beach area.
About 78 Pelican Court
Completely remodeled coastal home in the gated community of Bayview Terrace. This 3-bedroom, 3-bathroom residence offers 1,625 sq. ft. of refined living space with high-end finishes throughout. The open floor plan connects the kitchen, dining, and family areas, creating a seamless flow anchored by a cozy fireplace. The expanded kitchen showcases Walker Zanger quartz countertops, a waterfall island, Monogram appliances, Zephyr vented hood, and a Kohler farmhouse sink with touchless faucet. Additional features include a remodeled laundry room with quartz countertops, new LG washer and dryer, custom garage cabinetry, cedar-lined closets, and a new HVAC system relocated to the attic with full re-piping and water-treatment plumbing. The home also offers new flooring, paint, interior doors, trim, and hardware throughout. Bathrooms showcase a curated mix of luxury finishes, including custom vanities, Walker Zanger tile, Restoration Hardware and Waterworks fixtures, Kohler and Toto toilets, and electric mirrors for a refined, spa-like experience. Outside, enjoy new landscaping with lighting, Orco pavers, and a custom front door and railing. Located in one of Newport Beach’s most desirable neighborhoods with private access to Back Bay trails, and just minutes from beaches, Fashion Island, and top-rated Newport Mesa schools. Community amenities include a pool and spa.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $325.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Eastbluff Elementary School
Grades K-6 • 0.8 mi
Mariners Elementary School
Grades PK-6 • 2.4 mi
Horace Ensign Intermediate School
Grades 7-8 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,625 | 2,623 | 6% |
| Lot Size | 3,500 | 7,475 | 13% |
| Price | $2.29M | $3.85M | 17% |
| Price per sq ft | $1.4K | $1.4K | 50% |
| Built year | 1986 | 1970 | 72% |
| HOA | $325.0 | $375 | 49% |
| Days on market | 54 | 158 | 15% |
Pricing History
Listed for Sale
Jan 12, 2026
$2,295,000
Initial Listing
Sold
Jun 29, 2015
$715,000
Public Record
Sold
May 15, 2006
$915,000
Public Record
Sold
Apr 4, 2003
$600,000
Public Record
Sold
Feb 22, 2001
$445,000
Public Record