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16 Coral Reef, Newport Coast, CA, 92657

$5,995,000

3 Bedrooms
3 Full Baths, 1 Partial
3,421 SqFt
$1,752/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Attached Garage3 spaces
Year Built1997
HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air, Dual
BasementYes
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
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

16 Coral Reef vs Newport Beach

36 DAYS ON ROCKET

-14 Days

$5,995,000

+$2.5M More

$1,752/SqFt

+$325 More

KEY TAKEAWAY

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

IDX 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

Dec 09, 2020Home Sold
$2,750,000
May 14, 2004Home Sold
$1,650,000
Apr 17, 2001Home Sold
$1,080,000
Feb 28, 1997Home Sold
$565,000

Tax History

YEARPROP. TAXASSESSMENT
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

$30.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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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.

Nearby Schools

school-card-donut-483749
8
/10
  • Newport Coast Elementary School

  • 6655 Ridge Park Rd

  • 0.97 miles

  • Public District Grades KG-6

school-card-donut-483750
8
/10
  • Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.88 miles

  • Public District Grades KG-6

school-card-donut-483751
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 2.10 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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.
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Rocket Homes›California›Orange County›Newport Beach›92657›16 Coral Reef

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.

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