18 Ronsard
About This Property
Welcome to an extraordinary luxury residence located in the prestigious Newport Ridge neighborhood of Newport Coast. This remarkable property, fully renovated down to the studs in 2017, offers unparalleled elegance, modern upgrades, and exceptional craftsmanship.
Boasting approximately 5,400 sf of exquisite living space, this home features 4 bedrooms and 5 bathrooms, making it perfect for luxurious family living or grand entertaining. The expansive family room, large enough to comfortably host over 20 guests, is equipped with an 85-inch flat-screen TV and a state-of-the-art 7.1 surround sound system. The nearby gaming and retreat area offers additional space for relaxation and entertainment.
The gourmet kitchen is a chef's dream, featuring high-end quartz countertops, large central island for casual dining, 6-burner Wolf cooktop, four ovens, a built-in Sub-Zero refrigerator, two wine coolers, and a spacious walk-in pantry. The adjacent dining room is equally impressive, comfortably seating 14 guests for formal dining occasions.
This luxurious home also includes a variety of thoughtful spaces such as a library, music room, and a piano nook located near the grand entryway, perfect for quiet moments or creative expression.
The master bedroom suite is a private oasis spanning approximately 1,000 sf, complete with a large walk-in closet featuring custom cabinetry, and a spa-like master bathroom adorned with high-end quartz finishes. Adjacent to the master suite, you'll find a bonus/media room with multiple flat-screen TVs and a built-in wet bar, ideal for movie nights or entertaining.
Step outside to your private resort-style backyard, where a sparkling pool and jacuzzi (with seating for 10) await, surrounded by elegant stone coping and an expansive stone patio. The fully equipped outdoor kitchen makes al fresco dining and entertaining effortless.
Situated on a large lot within the coveted Newport Ridge Homeowners Association, this property offers both privacy and convenience, with easy access to world-class dining, shopping, beaches, and highly rated schools. Extensive upgrades include a new roof, updated electrical and plumbing systems, new tile roofing, stucco and stone exterior, and seismic reinforcements for peace of mind.
This Newport Coast gem combines elegance, luxury, and modern conveniences, creating the ultimate California coastal living experience. Don't miss this opportunity to own a truly exceptional property.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Relisted | $6,250,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 24, 2024 | Listed by TGG Realty Inc | $6,250,000 | |
| Listed by TGG Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017