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23 Skyridge
About This Property
Located at 23 Skyridge within the prestigious guard-gated community of Pelican Crest, the residence offers approximately 7,800 square feet of interior living space on an oversized 22,486 square foot lot. Exceptional curb appeal is achieved through the extra-wide frontage and gated entry, creating a grand yet private arrival experience inside one of Newport Coast's most exclusive enclaves.
The main level is thoughtfully designed for single-level living, featuring the primary suite with retreat, gym and two walk-in closets, a guest suite, and a private executive office. The recently renovated open-concept floor plan showcases elevated designer finishes including Calacatta de Oro Neolith countertops, 9-inch wide-plank European oak flooring, Italian fixtures, Viking appliances, custom designer lighting, and exquisite Italian tile-work throughout.
The estate offers five bedrooms (including dual primary suites on each level), five-and-a-half baths, a media room, dedicated gym, bar area, temperature-controlled wine cellar, retreat spaces, and a private viewing deck. The chef's kitchen flows seamlessly into the expansive family room and adjacent bar - ideal for intimate dinners or large-scale entertaining.
Upon entry, guests are welcomed by soaring ceilings and a dramatic architectural catwalk, creating an immediate sense of occasion.
The resort-inspired backyard is equally impressive, featuring a pool with hotel-style water features and spa, covered veranda, outdoor BBQ bar, alfresco dining area, lush landscaping, and a discreet side catering space designed for seamless entertaining.
Ideally positioned just minutes from world-class shopping and dining at Fashion Island, pristine coastal beaches, and located within the highly regarded Newport-Mesa Unified School District, this exceptional estate offers both privacy and convenience in one of Orange County's most coveted coastal communities. VIDEO AVAILABLE
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Listed by Luxe Real Estate | $13,850,000 | |
| Listed by Luxe Real Estate | |||
| Sep 14, 2025 | Price Decreased |
$13,995,000
↓ $1M
(6.7%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed | $14,995,000 | |
| Listed | |||
| | |||
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Nestled in the highly sought-after and exclusive Pelican Crest community of Newport Coast, 23 Skyridge offers an unparalleled living experience.
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About Newport Coast
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017