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Sold for $23,495,000
  • $23,495,000

    1 Island Vis, Newport Coast, CA 92657

    5beds
    11,438sqft
    SingleFamily
    Built in 1999
    0.51 Acres Lot
    $29,846,000 Zestimate®
    $2,054/sqft
    $77,146 Estimated rent

    Home value

    $29,846,000

    $26.26M - $34.32M

    $77,146/mo

    Zestimate® history
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    Rent Zestimate®

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    $147,781/mo

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    $147,781/mo

    Est. payment

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    What's special

    Rarely offered but highly sought after, 1 Island Vista is a newly reimagined & reconstructed estate in the ultra-exclusive, guard gated community of Pelican Crest. Championed on an oversized corner lot to emphasize the dramatic frontage & unparalleled curb appeal, this property offers expansive scenes of the Pacific Ocean's sparkling blue waters, & rolling cliff sides of Catalina Island, providing a surreal backdrop from nearly every room. Upon arrival, an impressive limestone entryway leads to a double Foyer that rivals the lobbies of the world's finest hotels - setting the tone of sophistication & refinement to be experienced throughout. This open-concept custom estate provides seamless transitions between the living room, chef's kitchen, & multiple outdoor spaces, allowing one the opportunity to host large-scale gatherings while maintaining the warmth & practicality sought after in everyday living. Characterized by imported custom Stonework on every countertop, Herringbone French Oak flooring, & magnificent crystal chandeliers throughout, this property sets an unprecedented standard for design through its careful selection of the richest materials, lustrous textures, & serene patterns. The gourmet chef's kitchen, featuring commercial grade professional appliances, Calcatta Borghini marble countertops, & bespoke cabinetry throughout; lies adjacent to the living room, which is highlighted by multiple sets of French doors & features Savant Smart Home w/ Lutron lighting throughout. Upstairs, the generously appointed primary suite spans the entire length of the home. The spacious primary bathroom wrapped in book-matched Italian marble, oversized his + her vanities, features an oversized steam shower with multiple jet & rain shower heads. An oversized, "dream" walk-in closet boasting Cleef cabinetry, custom lighting, & a Miel coffee maker, sets the scenery for a perfect morning routine. Downstairs, a limestone slab, UV & Ozone purified indoor pool, wet bar with custom marble countertops, tailor-made cabinetry, and a classic hot rock squabble sauna provides a level of accommodation surpassing the luxury spa at your favorite resort. A private entertainer's backyard, enveloped with hedges and seasonal florals, is complemented by symmetrical fire features & mature Mediterranean landscaping, completing the atmosphere of excellence that distinguishes this property from any other. This once-in-a-lifetime opportunity to own this generational treasure is a dream brought to life.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 7
    Cooling
    • Central
    Interior area
    • Total interior livable area: 11,438 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.51 Acres
    Details
    • Parcel number: 47311103

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1999

    Community & HOA

    Location
    • Region: Newport Coast

    Financial & listing details

    • Price per square foot: $2,054/sqft
    • Tax assessed value: $23,964,900
    • Annual tax amount: $254,256

    Price history

    DateEventPrice
    8/4/2023Sold$23,495,000-12.5%$2,054/sqft
    Source: Public Record Report a problem
    7/27/2023Pending sale$26,850,000$2,347/sqft
    Source: CLAW #23-271821 Report a problem
    5/23/2023Listed for sale$26,850,000+79%$2,347/sqft
    Source: CLAW #23-271821 Report a problem
    11/19/2021Sold$15,000,000+0%$1,311/sqft
    Source: Public Record Report a problem
    11/8/2021Pending sale$14,998,000$1,311/sqft
    Source: CRMLS #OC21225304 Report a problem
    10/25/2021Contingent$14,998,000$1,311/sqft
    Source: CRMLS #OC21225304 Report a problem
    10/19/2021Listed for sale$14,998,000+16.6%$1,311/sqft
    Source: CRMLS #OC21225304 Report a problem
    4/28/2021Sold$12,859,000$1,124/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$254,256 +0.7%$23,964,900 +2%
    2024$252,598 +54.4%$23,495,000 +53.6%
    2023$163,616 -6%$15,300,000 +2%
    2022$174,148 +52.8%$15,000,000 +39.8%
    2021$113,982 +0%$10,731,383 +1%
    2020$113,949 $10,621,346 +2%
    2019$113,949 +2%$10,413,085 +2%
    2018$111,751 +2.4%$10,208,907 +2%
    2017$109,090 $10,008,733 +2%
    2016$109,090 -1%$9,812,484 +1.5%
    2015$110,186 +28%$9,665,092 +28%
    2014$86,100 $7,550,765 +0.5%
    2013-- $7,516,640 +9%
    2012-- $6,896,000
    2011-- $6,896,000 -6.6%
    2010-- $7,384,457 -0.2%
    2009-- $7,402,000 -14.6%
    2008-- $8,670,000
    2007-- $8,670,000 +2%
    2006-- $8,500,000 +103.8%
    2005-- $4,171,448 +2%
    2004-- $4,089,655 +1.9%
    2003-- $4,014,701 +18.6%
    2002-- $3,384,933 +75.8%
    2001$26,233 +62.4%$1,925,688 +105.4%
    2000$16,157 $937,607
    Find assessor info on the county website

    Neighborhood: Newport Coast

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $29,846,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $29,846,000