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Sold for $25,800,000
  • Listed by: Pacific Sotheby's Int'l Realty • John Cain • Contact: 949-478-7772
    Bought with: Keller Williams Realty Irvine
    $25,800,000

    1 Premiere Pt, Newport Beach, CA 92657

    6beds
    11,402sqft
    Single Family Residence
    Built in 2002
    0.68 Acres Lot
    $32,338,800 Zestimate®
    $2,263/sqft
    $82,238 Estimated rent

    Home value

    $32,338,800

    $28.13M - $37.19M

    $82,238/mo

    Zestimate® history
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    What's special

    Stone fireplaceLarge wine cellarWet barTop of line appliancesNewport harbor beckonInfinity poolPrep sink
    1 Premiere Point is an address unsurpassed in its prestige, evoking a sense of sublime luxury and offering a rare opportunity to own a nearly ¾-acre parcel on Newport Coast’s coveted front row. Perched on the edge of the Pelican Hill Resort with 240’ feet of view frontage, this prime locale offers commanding views of the iconic coastline, giving the feeling that all of Southern California is within your grasp; from the sunsets over Palos Verdes melding into the Pacific, to Catalina and San Clemente Islands looming large, while the ultra-luxe yachts of Newport Harbor beckon, city lights glisten, and Pelican Hill Golf Course lies at your feet. Sun-drenched limestone walls and a slate roof give way to a recently refreshed interior that offers 11,402 s.f. +/-, with 6 bedrooms, 9 bathrooms, and an elevator for effortless access. A lavish foyer links to a living room with intricate moldings, a stone fireplace, and a row of ocean-facing French doors. An open family room is a comforting space to host friends and family, featuring a wet bar, fireplace, and French doors that open to an airy loggia. The adjoining kitchen is equipped with top of line appliances, a prep sink, and an oversized island. The demands of an extraordinary lifestyle are anticipated and effortlessly met, with a 2-story library, dedicated theater with a new state-of-the-art projector, large wine cellar, full home gym, and a 8-car garage. The primary bedroom is a calming retreat, with a fireplace, sitting area, couture-worthy dual closets, and French doors that open to a balcony overlooking manicured greens and rugged coastline. Dual ensuite bathrooms radiate luxury, with opulent stone surfaces, and every amenity necessary to indulge in pure bliss. Five secondary bedrooms offer ensuite bathrooms for an elevated guest experience. Situated on a quiet cul-de-sac, sprawling private grounds offer an immersive experience in enchanting French charm, featuring covered loggias, a barbecue pavilion, infinity pool, spa, formal gardens, a terraced lower yard with a verdant lawn, and koi pond with cascading waterfall. Whether hosting spirited cocktail parties or intimate gatherings, this is where memories of the sun dipping below the ocean linger long after the last ray fades. Residents are nearby to the prestigious Pelican Hill Resort and Golf Club, Fashion Island, world-class dining, and the beautiful beaches of Newport and Laguna.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Cain DRE #01467294 714.655.8940,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Rui Dai, DRE #01995227

    Keller Williams Realty Irvine

    Fei Li, DRE #02075610

    Keller Williams Realty Irvine

    Source: CRMLS,MLS#: OC22251238MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 2
    • 3/4 bathrooms: 4
    • 1/2 bathrooms: 3
    • Main level bathrooms: 4
    • Main level bedrooms: 2
    Rooms
    • Room types: Basement, Entry/Foyer, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Other, Wine Cellar, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Separate Shower, Walk-In Shower
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: 6 Burner Stove, Double Oven, Dishwasher, Gas Oven, Gas Range, Refrigerator, Warming Drawer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Balcony, Breakfast Area, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Separate/Formal Dining Room, Elevator, High Ceilings, Multiple Staircases, Pantry, Recessed Lighting, Storage, Bar, Primary Suite, Wine Cellar, Walk-In Closet(s)
    • Flooring: Carpet, Stone
    • Doors: French Doors
    • Has basement: Yes
    • Has fireplace: Yes
    • Fireplace features: Gas, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 11,402 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Controlled Entrance, Direct Access, Underground, Garage
    • Attached garage spaces: 8
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Main Level
    • Patio & porch: Open, Patio
    • Exterior features: Awning(s), Koi Pond, Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Has view: Yes
    • View description: Catalina, Golf Course, Ocean, Panoramic, Pool
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.68 Acres
    • Features: Cul-De-Sac, Sprinkler System
    Details
    • Parcel number: 47306127
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Suburban, Gated
    • Security: Gated Community
    • Subdivision: Pelican Hill (Ncph)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Management, Guard, Security
    • HOA fee: $750 monthly
    • HOA name: PELICAN HILL COMMUNITY ASSOC.
    • HOA phone: 949-448-6103
    • Second HOA fee: $583 monthly
    • Second HOA name: Newport Coast Master
    • Second HOA phone: 949-448-6103
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,263/sqft
    • Tax assessed value: $26,316,000
    • Annual tax amount: $279,394
    • Date on market: 7/3/2023
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    11/9/2023Sold$25,800,000-10.4%$2,263/sqft
    Source: CRMLS #OC22251238 Report a problem
    10/16/2023Pending sale$28,800,000$2,526/sqft
    Source: CRMLS #OC22251238 Report a problem
    9/21/2023Contingent$28,800,000$2,526/sqft
    Source: CRMLS #OC22251238 Report a problem
    7/19/2023Listed for sale$28,800,000+105.7%$2,526/sqft
    Source: CRMLS #OC22251238 Report a problem
    1/22/2014Sold$14,000,000-17.2%$1,228/sqft
    Source: Public Record Report a problem
    2/22/2013Listed for sale$16,900,000+30%$1,482/sqft
    Source: Surterre Properties, Inc. #NP13027282 Report a problem
    12/7/2010Sold$13,000,000-13%$1,140/sqft
    Source: Public Record Report a problem
    9/25/2010Price change$14,950,000-11.8%$1,311/sqft
    Source: NRT California #U10002021 Report a problem
    5/6/2010Price change$16,950,000-14.6%$1,487/sqft
    Source: NRT California #U10002021 Report a problem
    10/7/2009Price change$19,850,000-3.2%$1,741/sqft
    Source: NRT California #U10002021 Report a problem
    6/5/2009Price change$20,500,000-17.8%$1,798/sqft
    Source: NRT California #U9000921 Report a problem
    2/25/2009Listed for sale$24,950,000$2,188/sqft
    Source: NRT California #U9000921 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$279,394 +0.4%$26,316,000 +2%
    2024$278,385 +57.5%$25,800,000 +56.4%
    2023$176,735 +1.7%$16,495,661 +2%
    2022$173,824 +2.3%$16,172,217 +2%
    2021$169,992 +0.6%$15,855,115 +1%
    2020$168,951 $15,692,541 +2%
    2019$168,951 +2%$15,384,845 +2%
    2018$165,600 +3.2%$15,083,182 +2%
    2017$160,423 $14,787,434 +2%
    2016$160,423 +0.8%$14,497,485 +1.5%
    2015$159,137 +6.4%$14,279,720 +5.1%
    2014$149,606 $13,586,604 +2.5%
    2013-- $13,260,000 +2%
    2012-- $13,000,000
    2011-- $13,000,000 +127.8%
    2010-- $5,706,333 -0.2%
    2009-- $5,719,890 +2%
    2008-- $5,607,736 +2%
    2007-- $5,497,781 +2%
    2006-- $5,389,982 +2%
    2005-- $5,284,297 +13.8%
    2004-- $4,642,647 +33.9%
    2003-- $3,467,745 +23.4%
    2002-- $2,809,080 +2%
    2001$32,535 +1.9%$2,754,000 +2%
    2000$31,933 $2,700,000
    Find assessor info on the county website

    Neighborhood: Newport Coast

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport Coast
    • Middle: Corona Del Mar
    • High: Corona Del Mar

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $32,338,800
    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
    $32,338,800