FireplaceFamily Room, Gas, Gas Starter, Primary Bedroom
ViewOther, Ocean, Panoramic
MLS #OC24202621
Lot Size0.16 Acres
StatusActive
About 16 Coral Reef
Set on a uniquely private lot and positioned to maximize direct views of the Pacific Ocean, 16 Coral Reef provides a rare opportunity to reside in Pelican Ridge Estates amongst the prestigious custom homes in Newport Coast. Boasting approximately 3400 sqft of living space and three spacious bedrooms across multiple levels, this open concept floor plan offers dedicated spaces for guests while maintaining an open- concept floor plan ideal for large scale celebrations and casual living alike. The gourmet chef’s kitchen, with newly updated cabinetry, quartz countertops, and designer lighting provides the perfect focal point to entertain, while the serene backdrop of the Pacific Ocean teases the sky with ever-changing hues of the California skies and water. Upstairs, the expansive master suite, which features the best ocean views on property, provides a hotel-like ambiance that rivals the World Class Pelican Hill Resort just across the way. His and her closets, dual vanities, and designer lighting fixtures highlight the functionality & aesthetic the home provides at the highest level. Downstairs, two dedicated bedrooms + a bonus area provide a distinctly private living space supplementing the main living areas - creating a perfect setting for guests or fellow residents desiring privacy on par with larger, custom homes. Three sets of sliding doors allow one to easily traverse into the oversized outdoor space, complete with a BBQ island with seating, space for sunbathing, and the utmost privacy expected in a community of this caliber. World class community amenities, such as two 24 hour guard gates, community pools, and tennis/ basketball courts, perfectly complement the prestige and ease of living behind the exclusive Pelican Ridge gates.
Property Details
Property Features
Property Information:
Architectural Style: Mediterranean
Year Built: 1997
Stories: 3
Living Area: 3,421 SqFt
Listing Office:
Office Name: Luxe Real Estate
Office Phone: (714) 865-5969
Listing Agent: Paul Daftarian
Interior Features
Interior Information:
Appliances: Stove, Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener, Dryer, Washer
Basement: Yes
Flooring Type: Tile, Wood
Interior: Breakfast Bar, Balcony, Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pull Down Attic Stairs, Recessed Lighting, Two Story Ceilings
Fireplace: Family Room, Gas, Gas Starter, Primary Bedroom
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Other, Ocean, Panoramic
Exterior: Lighting
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Driveway, Garage
Lot Features
Lot Information:
Lot: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Irregular Lot, Landscaped, Sprinklers
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air, Fireplace(s)
Cooling: Central Air, Dual
Other
Directions Information:
Directions: Turn right onto Ocean Ridge Dr, Right onto Sea View Ln, Right on Coral Reef.
Price Information
Listing Price Info
Price Summary:
List Price: $5,995,000
Price Per SqFt: $1,752/SqFt
HOA Fees:
Amount: $533
Frequency: Monthly
Tax Information:
Annual Amount: $29,638
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $2.5M more than the Median Sold Price and $325/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24202621
Listing Office:
Office Name: Luxe Real Estate
Office Phone: (714) 865-5969
Listing Agent: Paul Daftarian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 09, 2020
Dec 09, 2020Home Sold
$2,750,000
May 14, 2004
May 14, 2004Home Sold
$1,650,000
Apr 17, 2001
Apr 17, 2001Home Sold
$1,080,000
Feb 28, 1997
Feb 28, 1997Home Sold
$565,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$29,638
$2,750,000
2020
$23,512
$2,145,081
2019
$22,759
$2,103,021
2018
$22,759
$2,061,786
2017
$22,802
$2,021,359
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$30.5K
Per Month
Principal & Interest
$29.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$533
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$18K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Newport Coast Elementary School
6655 Ridge Park Rd
Distance between this listing and this school0.97 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.88 miles
Public District Grades KG-6
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school2.10 miles
Public District Grades KG-6
Nearby Schools
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school2.49 miles
Public District Grades KG-8
8
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school5.00 miles
Public District Grades 7-8
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school5.03 miles
Public District Grades 7-8
Nearby Schools
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school3.65 miles
Public District Grades 7-12
9
/10
University High School
4771 Campus Dr
Distance between this listing and this school4.03 miles
Public District Grades 9-12
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school4.93 miles
The neighbors living near this home have an average income of $211,591. The most common annual income of people living in Newport Beach, CA is $200k+. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 Coral Reef
What is the listing price of this property?
The listing price of 16 Coral Reef property is $5,995,000.
What type of property is this?
The property 16 Coral Reef is a house located in Newport Coast, California, 92657.
Is this property for sale now?
Active Listing: 16 Coral Reef is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $29,638 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 9, 2020 for $2,750,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 16 Coral Reef has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 16 Coral Reef is 3,421 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16 Coral Reef is 1997.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 16 Coral Reef in Newport Coast, CA and zip code 92657 in the Pelican Hill neighborhood. This 3,421 square foot home, which was built in 1997, sits on a 0.16 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $5,995,000.
Over 6 listings were sold over their listed price in October 2024 in Newport Beach, CA. In the same period over 52 listings were sold below the listed price and 10 listings were sold for the listed price. The number of listings in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 50 days, the median list price was $3,475,000.
From Rocket Homes Real Estate and based on county public records data.