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Sold for $8,499,000
  • Listed by: Coldwell Banker Realty • Tim Smith • Contact: 949.478.2295
    Bought with: CALIFORNIA LIGHTHOUSE REALTY
    $8,499,000

    7 Cottonwood, Newport Coast, CA 92657

    5beds
    5,194sqft
    Single Family Residence
    Built in 2006
    9,805 Square Feet Lot
    $9,909,600 Zestimate®
    $1,636/sqft
    $21,406 Estimated rent

    Home value

    $9,909,600

    $9.02M - $10.90M

    $21,406/mo

    Zestimate® history
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    What's special

    Move up to refined luxury living at this custom-upgraded Newport Coast residence, located behind the guarded gates of the exclusive Pacific Ridge community. This elevated cul-de-sac homesite of nearly 9,805 SF offers sublime ocean, hill, and canyon views, just moments from outdoor trails and hikes to the ocean. Natural light dazzles indoors through multiple French doors, illuminating a two-story floor plan of approximately 5,194 SF that seamlessly integrates the living, dining, and kitchen areas. Perfect for memorable entertaining, the entryway opens to a seating area and a formal dining room featuring an enclosed wine cellar. The main level includes an en suite bedroom with French doors to the backyard and a steam shower—perfect for overnight guests—and an expansive office/bonus room with an attached bathroom, which could serve as the fifth bedroom. Showcasing an open design, the living room is equipped with a fireplace, high ceilings, elegant hardwood flooring, and a seamless flow to the kitchen. Anchored by a large granite-topped island with bar seating, the chef-inspired kitchen boasts top-of-the-line stainless steel appliances, including Wolf and SubZero, custom cabinetry, and a spacious walk-in pantry. The adjacent dining area is perfect for cherished meals and gatherings. The owner's suite offers a plush escape with a luxurious en suite bathroom featuring a separate walk-in shower, double vanities, jetted soaking tub, and walk-in closet. Further along, there is a fully equipped laundry room, two secondary en suite bedrooms, and a secondary living room in this wing of the home, which opens to the expansive patio/deck for spectacular sunsets and has separate stairs to the backyard below. Outdoor living is equally impressive, with a beautifully landscaped backyard that includes a saltwater pool, spa, fire pit, BBQ patio area perfect for alfresco dining, lush lawn, and mature trees for privacy and tranquility. Additional highlights include a newer tankless water heater, security system with cameras, putting green, speaker system throughout, and attached three-car garage. Pacific Ridge offers a 24-hour guard gate entrance, an Olympic-size heated pool, heated spa, toddler pool, two large barbecues, playgrounds, a grassy area with a grand fireplace, and direct access to amenity-rich Coastal Peak Park. Set minutes away from pristine beaches, upscale shopping, fine dining, and top-rated schools, this residence is the epitome of luxury living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Smith DRE #01346878 949.478.2295,

    Coldwell Banker Realty,

    Colleen Coates DRE #01495458,

    Coldwell Banker Realty

    Bought with:

    SHAOJIE LIU, DRE #02035350

    CALIFORNIA LIGHTHOUSE REALTY

    Source: CRMLS,MLS#: NP24142420MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Wine Cellar, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Enclosed Toilet, Soaking Tub, Separate Shower, Tub Shower, Vanity, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Utility Sink, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Double Oven, Dishwasher, Freezer, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Warming Drawer
    • Laundry: Inside, Laundry Room, Upper Level
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, High Ceilings, Pantry, Recessed Lighting, Bedroom on Main Level, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: French Doors
    • Has fireplace: Yes
    • Fireplace features: Living Room, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 5,194 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Barbecue, Fire Pit
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Private, Association
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: Hills, Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 9,805 Square Feet
    • Features: Back Yard, Cul-De-Sac, Lawn, Landscaped
    Details
    • Parcel number: 47846236
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Suburban, Gated
    • Security: Security System, Gated Community
    • Subdivision: Cypress (Prcp)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Maintenance Grounds, Management, Pool, Spa/Hot Tub
    • HOA fee: $485 monthly
    • HOA name: Pacific Ridge
    • HOA phone: 800-428-5588
    Location
    • Region: Newport Coast

    Financial & listing details

    • Price per square foot: $1,636/sqft
    • Tax assessed value: $8,668,980
    • Date on market: 7/22/2024
    • Cumulative days on market: 22 days
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/3/2024Sold$8,499,000$1,636/sqft
    Source: CRMLS #NP24142420 Report a problem
    8/13/2024Contingent$8,499,000$1,636/sqft
    Source: CRMLS #NP24142420 Report a problem
    7/22/2024Listed for sale$8,499,000+207.9%$1,636/sqft
    Source: CRMLS #NP24142420 Report a problem
    7/24/2007Sold$2,760,000$531/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $8,668,980 +2%
    2025$93,600 +101.9%$8,499,000 +113.3%
    2024$46,368 +2%$3,983,906 +2%
    2023$45,473 +2.6%$3,905,791 +2%
    2022$44,339 +1.6%$3,829,207 +2%
    2021$43,657 +1.1%$3,754,125 +1%
    2020$43,186 $3,715,632 +2%
    2019$43,186 -0.2%$3,642,777 +2%
    2018$43,269 +0.7%$3,571,350 +2%
    2017$42,951 $3,501,324 +11.8%
    2016$42,951 +12.4%$3,132,387
    2015$38,206 +2.1%$3,132,387
    2014$37,431 $3,132,387 +21%
    2013-- $2,588,750 +9%
    2012-- $2,375,000
    2011-- $2,375,000 -7.1%
    2010-- $2,556,000 -17.4%
    2009-- $3,093,663 +12.1%
    2008-- $2,759,785 +8.9%
    2007-- $2,533,738 +4739.5%
    2006-- $52,355 +2%
    2005-- $51,329 +2%
    2004-- $50,323
    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
    $9,909,600
    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
    $9,909,600