Seller's Agent in 2023
Paul Daftarian
Luxe Real Estate
(714) 865-5969
93 in this area
241 Total Sales
38 Pelican Crest Dr Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,423,000 - $17,194,909
5
Beds
8
Baths
9,276
Sq Ft
$1,273/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Wine Cellar
- Home Theater
- Newport Coast Elementary School Rated A
- 24-Hour Security
- Heated In Ground Pool
About This Home
As of April 2023Championed on a front-row, premium lot to emphasize the dramatic frontage and breathtaking views, 38 Pelican Crest Dr. offers expansive scenes of the Pacific Ocean’s sparkling waters and rolling cliff-sides of Catalina Island, along with an absence of impeding roof-tops thanks to the "front row" location of this dream estate which provides a surreal backdrop from nearly every room in the house. This newly renovated designer masterpiece offers nearly every amenity imaginable from breathtaking sit-down ocean views from the majority of the property, re-designed open concept floor-plan, 5 beds + 7 baths, office, theater, gym, game room, bar, and exceptional privacy. Characterized by imported, custom stone, solid Oak flooring, and magnificent-lighting throughout, this property sets an unprecedented standard for design through its careful selection of the richest materials, lustrous textures, and serene patterns. The property offers a main floor over-sized guest suite as well as an office while the upper floor hosts a lavish primary suite with split his & hers closets and baths showcasing floor to ceiling stone clad walls, European closet systems, and marvelous stone countertops; as well as three additional spacious guest suites with designer baths. The basement level boasts a billiards room, move theater, candy wall, well appointed gym, and multi-car garage. The estate is rounded out by a resort style backyard that offers some of the best views the California coastline has to offer while creating a fun & inviting space thanks to a newly designed pool + spa, BBQ bar island, multiple sitting areas, & fireplace.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $195,431
Year Built
- Built in 1999 | Remodeled
Lot Details
- 0.35 Acre Lot
- Density is up to 1 Unit/Acre
- Land Lease
HOA Fees
- $985 Monthly HOA Fees
Parking
- 6 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
- Golf Course
Home Design
- Modern Architecture
- Mediterranean Architecture
- Turnkey
- Planned Development
Interior Spaces
- 9,276 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Recessed Lighting
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Library with Fireplace
- Game Room
- Home Gym
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Walk-In Pantry
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Pool
- Heated In Ground Pool
- Heated Spa
Outdoor Features
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Private Water Source
Listing and Financial Details
- Tax Lot 60
- Tax Tract Number 15105
- Assessor Parcel Number 47308202
- $2,422 per year additional tax assessments
Community Details
Overview
- Pelican Crest 1 Association, Phone Number (855) 333-5149
- Pelican Crest Association, Phone Number (949) 448-6064
- First Service Residential HOA
- Pelican Crest Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Pool
- Community Spa
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2023
Closed on
Mar 16, 2023
Sold by
38 Pelican Crest Llc
Bought by
Pelican Crest Llc
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Sheril Liu
T & L Properties
List Price
$19,995,000
Sold Price
$17,800,000
Premium/Discount to List
-$2,195,000
-10.98%
Total Days on Market
29
Views
231
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,991,045
Avg. Annual Appreciation
-18.38%
Purchase Details
Closed on
Aug 13, 2021
Sold by
Gao Peng and Deng Shuangfeng
Bought by
38 Pelican Crest Llc
Purchase Details
Closed on
Feb 22, 2017
Sold by
Deng Shaunfeng
Bought by
Deng Shaunfeng and Shaunfeng Trust
Purchase Details
Listed on
May 8, 2013
Closed on
Jun 4, 2013
Sold by
Mb Investment Group Llc
Bought by
Deng Shuangfeng
Seller's Agent
Christopher Bello
Real Broker
Buyer's Agent
Runjing Chen
Coldwell Banker Realty Pasadena
List Price
$9,900,000
Sold Price
$9,495,000
Premium/Discount to List
-$405,000
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$3,000,000
Interest Rate
3.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 9, 2012
Sold by
Bello Michael Ru and Bello Nancy Ann
Bought by
Mb Investment Group Llc
Purchase Details
Closed on
Nov 18, 2005
Sold by
Bello Nancy
Bought by
Bello Michael
Purchase Details
Closed on
Jul 27, 2004
Sold by
Irvine Community Development Co Llc
Bought by
Bello Michael Ru and Bello Nancy Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,104,375
Interest Rate
6.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 19, 2001
Sold by
Bello Michael Ru and Bello Nancy Ann
Bought by
Bello Michael Ru and Bello Nancy Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.41%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pelican Crest Llc | $17,800,000 | California Best Title | |
| 38 Pelican Crest Llc | $10,675,000 | Wfg National Title | |
| Deng Shaunfeng | -- | None Available | |
| Deng Shuangfeng | -- | First American Title Company | |
| Mb Investment Group Llc | -- | None Available | |
| Bello Michael | -- | Southland Title Corporation | |
| Bello Michael Ru | -- | First American Title Co | |
| Bello Michael Ru | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 38 Pelican Crest Llc | $6,405,000 | |
| Previous Owner | Mb Investment Group Llc | $3,000,000 | |
| Previous Owner | Deng Shuangfeng | $2,000,000 | |
| Previous Owner | Mb Investment Group Llc | $0 | |
| Previous Owner | Bello Michael Ru | $2,533,000 | |
| Previous Owner | Bello Michael Ru | $1,104,375 | |
| Previous Owner | Bello Michael Ru | $2,500,000 | |
| Previous Owner | Bello Michael Ru | $1,101,307 | |
| Previous Owner | Bello Michael Ru | $1,104,393 | |
| Previous Owner | Bello Michael Ru | $500,000 | |
| Previous Owner | Bello Michael Ru | $1,109,106 | |
| Previous Owner | Bello Michael Ru | $200,000 | |
| Previous Owner | Bello Michael Ru | $1,000,000 | |
| Previous Owner | Bello Michael Ru | $200,000 | |
| Previous Owner | Bello Michael Ru | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $17,800,000 | -11.0% | $1,919 / Sq Ft |
| 03/08/2023 03/08/23 | Pending | -- | -- | -- |
| 02/06/2023 02/06/23 | For Sale | $19,995,000 | +110.6% | $2,156 / Sq Ft |
| 08/01/2013 08/01/13 | Sold | $9,495,000 | -4.1% | $1,032 / Sq Ft |
| 05/31/2013 05/31/13 | Pending | -- | -- | -- |
| 05/08/2013 05/08/13 | For Sale | $9,900,000 | -- | $1,076 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $195,431 | $18,156,000 | $14,011,007 | $4,144,993 |
| 2023 | $116,619 | $10,888,500 | $7,206,981 | $3,681,519 |
| 2022 | $114,697 | $10,675,000 | $7,065,667 | $3,609,333 |
| 2021 | $95,237 | $8,924,164 | $5,423,834 | $3,500,330 |
| 2020 | $95,039 | $8,832,658 | $5,368,219 | $3,464,439 |
| 2019 | $93,240 | $8,659,469 | $5,262,960 | $3,396,509 |
| 2018 | $91,382 | $8,489,676 | $5,159,765 | $3,329,911 |
| 2017 | $90,538 | $8,323,212 | $5,058,593 | $3,264,619 |
| 2016 | $92,303 | $8,160,012 | $4,959,405 | $3,200,607 |
| 2015 | $91,544 | $8,037,442 | $4,884,911 | $3,152,531 |
| 2014 | $89,402 | $7,880,000 | $4,789,222 | $3,090,778 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Daftarian
-
Jenn Chen
Seller Co-Listing Agent in 2023
Jenn Chen
MiLuxe Realty
(562) 569-8872
8 in this area
23 Total Sales
-
Sheril Liu
Buyer's Agent in 2023
Sheril Liu
T & L Properties
(949) 415-8968
1 in this area
20 Total Sales
-
Christopher Bello
C
Seller's Agent in 2013
Christopher Bello
Real Broker
(714) 875-4175
1 Total Sale
-
Runjing Chen
R
Buyer's Agent in 2013
Runjing Chen
Coldwell Banker Realty Pasadena
(909) 595-6697
46 Total Sales
-
Buyer Co-Listing Agent in 2013
John McMonigle
Agentinc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23017794
APN: 473-082-02
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