
Newport Coast, California 92657
This Stunning Turnkey Estate in Pelican Crest is listed at $38,750,000, reflecting a premium valuation for its elite status. Featuring a Mint Condition Rating following a comprehensive, no-expense-spared transformation, the residence showcases a Bulthaup kitchen, Taj Mahal quartzite, and hospital-grade seismic construction. With unobstructed panoramic ocean and city light views, this property offers a sophisticated lifestyle near top-rated schools like El Morro Elementary and Corona Del Mar High. It is the ultimate sanctuary for Ultra-High-Net-Worth Individuals or Discerning Owner-Occupants seeking architectural significance and modern luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Sailcrest Subject | $38,750,000* List Price | 6 | 11 | 11,041 | $3,350 | - |
A 24 Fairway Sold | $28,500,000 | 6 | 9 | 8,834 | $3,226 | 0.4 mi |
B 12 Skyridge Active | $39,000,000 List Price | 5 | 9 | 12,739 | $3,061 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has recently undergone a comprehensive, no-expense-spared transformation that rivals new construction. It features a high-end Bulthaup kitchen, Taj Mahal quartzite, state-of-the-art home automation, and updated systems, meeting the criteria for a mint-condition residence with a renovation less than 5 years old.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Corona Del Mar High School (9/10).
Occupying a coveted front-row parcel in Pelican Crest, the estate offers rare, unobstructed panoramic views of the Pacific Ocean, Newport Harbor, and Catalina Island that cannot be blocked.
The residence has undergone a comprehensive, no-expense-spared renovation, blending timeless architecture with contemporary high-end finishes like Taj Mahal quartzite and a Bulthaup kitchen, presenting as a new construction.
At $38.75 million, the property is positioned at the extreme high end of the market, significantly limiting the pool of qualified buyers and potentially extending the days on market.
The massive 11,041-square-foot residence occupies a large portion of the 16,895-square-foot lot, which may feel restrictive to buyers seeking more expansive private acreage or lawn space at this price tier.
One of the finest turnkey estates ever offered in Pelican Crest, this extraordinary legacy residence occupies a premier front row, unobstructed ocean view parcel with sweeping vistas of the Pacific Ocean, Catalina Island, the white water coastline, Newport Harbor and sparkling city lights. Originally crafted by renowned builder Mark Falcone and engineered to exacting structural standards, including hospital grade seismic construction, the 11,041 sqft residence has recently undergone a comprehensive, no expense spared transformation that rivals new construction, creating a rare turnkey offering within Newport Coast’s most coveted guard gated enclave. A masterful expression of timeless architecture and contemporary refinement, virtually every interior and exterior surface has been thoughtfully reimagined through an uncompromising vision, resulting in a residence that lives and presents as virtually new while preserving the integrity of its exceptional original construction. Every major element has been meticulously redesigned through a sophisticated transitional aesthetic, where luminous interiors are elevated by an elegant neutral palette, dramatic Taj Mahal quartzite, complementary natural stone selections, bespoke designer lighting, advanced state of the art home automation, a premium security and alarm system, reimagined landscaping, meticulously refinished solid mahogany flooring with a rich satin finish, expertly restored polished stone flooring that appears new, and exceptional designer finishes throughout. Walls of glass dissolve the boundary between indoors and out, revealing resort caliber grounds with a pool, spa, tranquil water features, covered loggias and multiple outdoor living spaces designed for intimate gatherings and grand scale entertaining. The comprehensive renovation seamlessly blends timeless architecture with modern luxury, incorporating significant upgrades to deliver an exceptional turnkey living experience. The residence offers 6 luxurious bedroom suites, 11 baths, a Bulthaup kitchen, two executive offices, cinematic theater, wine cellar and tasting room with dramatic pool view windows, billiards lounge, bar, fitness studio, commercial elevator servicing all three levels, and an expansive subterranean garage. An exceptional estate where architectural significance, uncompromising craftsmanship, an extraordinary transformation and one of Southern California’s most coveted coastal settings converge.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 1.6 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 11.0 | 6.0 |
| Square foot | 11,041 | 5,350.15 |
| Lot Size | 16,895 | 11,889.05 |
| Price | $38.75M | $8.11M |
| Price per sq ft | $3.5K | $1.7K |
| Built year | 2001 | 2001 |
| HOA | $1025.0 | $633 |
| Days on market | 50 | 93 |
Jul 21, 2026
$38,750,000
Initial Listing