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78 Pelican Court, Newport Beach, California 92660, Newport Beach, 92660 - 3 bed, 3 bath

78 Pelican Court, Newport Beach, California 92660 home-pic-0
ACTIVE$2,295,000$1,625/sqft
Est. Value: $2,236,003
-2%
FairlyEstimate
78 Pelican Court, Newport Beach, California 92660
3Beds
3Baths
1,625Sqft
3,500Lot

Price Vs. Estimate

The estimated value ($2,236,003.39) is $58,996.61 (2%) lower than the list price ($2,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Compact Living Space & Lot Size: With 1,625 sq. ft. and a 3,500 sq. ft. lot, the property offers a relatively compact living area and limited private outdoor space, which might not appeal to buyers seeking larger homes or expansive yards.

Compared to the nearby listings

Price:$2.29M vs avg $3.80M ($-1,505,000)18%
Size:1,625 sqft vs avg 2,650 sqft8%
Price/sqft:$1.4K vs avg $1.4K50%

More Insights

Built in 1986 (40 years old).
Condition: Despite being built in 1986, this property has undergone a 'completely remodeled' transformation with 'high-end finishes throughout,' including a new HVAC system, full re-piping, and water treatment. The kitchen features Monogram appliances, Walker Zanger quartz countertops, and a waterfall island, while bathrooms boast luxury fixtures, custom vanities, and electric mirrors. New flooring, paint, and exterior landscaping further confirm a recent, extensive renovation, making it virtually new and meeting current quality standards.
Year Built
1986
Close
-
List price
$2.29M
Original List price
$2.29M
Price/Sqft
$1,412
HOA
$325
Days on market
-
Sold On
-
MLS number
OC26007217
Home ConditionExcellent
Features
Good View: Back Bay, Coastline, Neighborhood
Patio
ViewBack Bay,Coastline,Neighborhood

About this home

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.

D
Drew Teicheira
Listing Agent

Nearby schools

9/10
Eastbluff Elementary School
Public,•K-6•0.8mi
8/10
Mariners Elementary School
Public,•PK-6•2.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•3.5mi
9/10
Corona Del Mar High School
Public,•7-12•1.2mi
7/10
Newport Harbor High School
Public,•9-12•3.1mi

Price History

Date
Event
Price
02/22/01
Sold
$445,000
06/29/15
Sold
$715,000
05/15/06
Sold
$915,000
04/04/03
Sold
$600,000
Condition Rating
Excellent
Despite being built in 1986, this property has undergone a 'completely remodeled' transformation with 'high-end finishes throughout,' including a new HVAC system, full re-piping, and water treatment. The kitchen features Monogram appliances, Walker Zanger quartz countertops, and a waterfall island, while bathrooms boast luxury fixtures, custom vanities, and electric mirrors. New flooring, paint, and exterior landscaping further confirm a recent, extensive renovation, making it virtually new and meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Turnkey Luxury Remodel: The property has undergone a 'completely remodeled' transformation with 'high-end finishes throughout,' including a new HVAC system, re-piping, and water treatment, offering a move-in ready, modern living experience.
Premier Location & Gated Community: Situated in a 'desirable neighborhood' within the 'gated community of Bayview Terrace' in Newport Beach, providing security, exclusivity, and proximity to beaches, Fashion Island, and top-rated schools.
Gourmet Kitchen & Spa-like Bathrooms: Features an 'expanded kitchen' with 'Walker Zanger quartz countertops, a waterfall island, Monogram appliances,' and 'luxury finishes' in bathrooms with 'Restoration Hardware and Waterworks fixtures,' creating sophisticated and functional spaces.
Desirable Lifestyle Amenities: Offers 'private access to Back Bay trails' and community amenities including a 'pool and spa,' enhancing the quality of life and recreational opportunities.
Enhanced Curb Appeal & Infrastructure: Boasts 'new landscaping with lighting, Orco pavers, and a custom front door and railing,' alongside critical infrastructure upgrades like a 'new HVAC system' and 'full re-piping,' ensuring both aesthetic appeal and long-term reliability.

Cons

Compact Living Space & Lot Size: With 1,625 sq. ft. and a 3,500 sq. ft. lot, the property offers a relatively compact living area and limited private outdoor space, which might not appeal to buyers seeking larger homes or expansive yards.
Ongoing Association Fees: The $325 monthly association fee, while covering community amenities, represents an additional recurring cost that some buyers may prefer to avoid.
Original Construction Year (1986): Despite extensive remodeling, the home's original construction year of 1986 means the underlying structure is older, which could be a consideration for buyers prioritizing brand-new construction.
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