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.
Sold for $5,100,000
Listed by: Luxe Real Estate • Paul Daftarian • Contact: 949-484-0387
Bought with: Compass
$5,100,000
16 Coral Reef, Newport Coast, CA 92657
3beds
3,421sqft
Single Family Residence
Built in 1997
7,058 Square Feet Lot
$4,886,600 Zestimate®
$1,491/sqft
$13,900 Estimated rent
Home value
$4,886,600
$4.50M - $5.33M
$13,900/mo
Zestimate® history
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List your homeWhat's special
Uniquely private lotExpansive master suiteBbq island with seatingHotel-like ambianceOpen concept floor planOversized outdoor spaceDual vanities
Zillow last checked:
Listing updated:
Listed by:
Paul Daftarian DRE #01317949 949-484-0387,
Luxe Real Estate,
Sahand Zargari DRE #01985671,
Luxe Real Estate
Bought with:
Alston Wong, DRE #02010835
Compass
Source: CRMLS,MLS#: OC24202621
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Basement, Den, Dining Room
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Granite Counters, Jetted Tub, Low Flow Plumbing Fixtures, Linen Closet, Remodeled, Soaking Tub
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Remodeled, Self-closing Drawers, Updated Kitchen
Heating
- Central, Forced Air, Fireplace(s)
Cooling
- Central Air, Dual
Appliances
- Included: 6 Burner Stove, Built-In Range, Barbecue, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener, Dryer, Washer
- Laundry: Gas Dryer Hookup, Laundry Room
Features
- 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
- Flooring: Tile, Wood
- Doors: French Doors, Sliding Doors
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Gas Starter, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,421 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage
- Attached garage spaces: 3
- Uncovered spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front Door
- Patio & porch: Covered, Patio
- Exterior features: Lighting
- Pool features: Community, Fenced, Heated, In Ground, Association
- Has spa: Yes
- Spa features: Association, Community, In Ground
- Has view: Yes
- View description: Coastline, Ocean, Panoramic
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 7,058 Square Feet
- Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Irregular Lot, Landscaped, Sprinklers Timer, Sprinkler System
Details
- Parcel number: 47712110
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Curbs, Sidewalks, Gated, Pool
- Security: Security System, Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Security Gate, Gated with Guard, Gated Community, Gated with Attendant, 24 Hour Security, Smoke Detector(s), Security Guard
- Subdivision: Pelican Ridge (Ncpr)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $533 monthly
- HOA name: Newport Coast Community Association
- HOA phone: 800-428-5588
- Second HOA fee: $366 monthly
- Second HOA name: Pelican Ridge Maintenance
Location
- Region: Newport Coast
Financial & listing details
- Price per square foot: $1,491/sqft
- Tax assessed value: $2,976,688
- Annual tax amount: $32,040
- Date on market: 10/10/2024
- Cumulative days on market: 160 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Sold | $5,100,000-7.3%$1,491/sqft |
Source:  CRMLS #OC24202621 Report a problem | ||
| 3/21/2025 | Contingent | $5,499,995$1,608/sqft |
Source: CRMLS #OC24202621 Report a problem | ||
| 2/12/2025 | Price change | $5,499,995-8.3%$1,608/sqft |
Source: CRMLS #OC24202621 Report a problem | ||
| 10/10/2024 | Listed for sale | $5,995,000+118%$1,752/sqft |
Source: CRMLS #OC24202621 Report a problem | ||
| 12/9/2020 | Sold | $2,750,000-3.5%$804/sqft |
Source: Public Record Report a problem | ||
| 11/3/2020 | Pending sale | $2,850,000$833/sqft |
Source: Coldwell Banker Realty #OC20200946 Report a problem | ||
| 9/26/2020 | Listed for sale | $2,850,000-4.8%$833/sqft |
Source: Coldwell Banker Realty #OC20200946 Report a problem | ||
| 8/6/2020 | Listing removed | $2,995,000$875/sqft |
Source: Residential Agent, Inc. #OC20153982 Report a problem | ||
| 5/9/2020 | Listed for sale | $2,995,000-0.2%$875/sqft |
Source: Residential Agent, Inc. #OC20081179 Report a problem | ||
| 3/14/2020 | Listing removed | $2,999,998$877/sqft |
Source: California Regional MLS #OC19286428 Report a problem | ||
| 1/25/2020 | Price change | $2,999,9980%$877/sqft |
Source: Residential Agent, Inc. #OC19286428 Report a problem | ||
| 10/29/2019 | Price change | $3,000,000-3.1%$877/sqft |
Source: First Team Real Estate #OC19203201 Report a problem | ||
| 8/26/2019 | Listed for sale | $3,096,000+87.6%$905/sqft |
Source: First Team Real Estate #OC19203201 Report a problem | ||
| 5/14/2004 | Sold | $1,650,000+52.8%$482/sqft |
Source: Public Record Report a problem | ||
| 4/17/2001 | Sold | $1,080,000+91.2%$316/sqft |
Source: Public Record Report a problem | ||
| 2/28/1997 | Sold | $565,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $32,040 +0.8% | $2,976,688 +2% |
| 2024 | $31,774 +2.1% | $2,918,322 +2% |
| 2023 | $31,112 +1.7% | $2,861,100 +2% |
| 2022 | $30,594 -7.5% | $2,805,000 +2% |
| 2021 | $33,074 +40.7% | $2,750,000 +28.2% |
| 2020 | $23,512 | $2,145,081 +2% |
| 2019 | $23,512 +1.3% | $2,103,021 +2% |
| 2018 | $23,214 +1.8% | $2,061,786 +2% |
| 2017 | $22,802 | $2,021,359 +2% |
| 2016 | $22,802 -6.5% | $1,981,725 +1.5% |
| 2015 | $24,386 +3.1% | $1,951,958 +2% |
| 2014 | $23,654 | $1,913,722 +4.4% |
| 2013 | -- | $1,832,238 +9% |
| 2012 | -- | $1,680,953 -4% |
| 2011 | -- | $1,750,993 |
| 2010 | -- | $1,750,993 |
| 2009 | -- | $1,750,993 |
| 2008 | -- | $1,750,993 |
| 2007 | -- | $1,750,993 +2% |
| 2006 | -- | $1,716,660 +2% |
| 2005 | -- | $1,683,000 +47% |
| 2004 | -- | $1,144,610 +1.9% |
| 2003 | -- | $1,123,632 +2% |
| 2002 | -- | $1,101,600 +80.4% |
| 2001 | $9,618 -8.5% | $610,680 +2% |
| 2000 | $10,507 | $598,706 |
Find assessor info on the county website
Neighborhood: Newport Coast
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Estimated market value
$4,886,600
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