28 Sunset Cv
About This Property
Perched above the Pacific Ocean in the exclusive 24-hour guard-gated community of Pelican Ridge, this exceptional estate offers an extraordinary lifestyle in one of the most desirable addresses in all of Southern California.
With approximately 3,421 sq. ft. of beautifully crafted living space, this 3-bedroom, 3.5-bathroom residence sits on a 6,970 sq. ft. lot, offering unobstructed, panoramic ocean views and refined finishes throughout. Expansive living and dining areas are accented by soaring ceilings, elegant fireplaces, and multiple balconies that frame the breathtaking coastal horizon.
The primary suite is a masterpiece of tranquility, with dual walk-in closets, spa-inspired en suite bath, and a private balcony with commanding views. A chef's kitchen with top-tier appliances and custom cabinetry, main-level guest suite, media room, home office, and 3-car garage complete this flawless floorplan.
As a resident of Pelican Ridge, enjoy exclusive access to resort-style amenities-including a pool, spa, tennis courts, private parks, a clubhouse, and a dog park-all within minutes of world-class beaches, upscale shopping and dining, highly rated schools, and John Wayne Airport.
This is your opportunity to reside in one of the most iconic and privileged coastal enclaves in California.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by RE/MAX Fine Homes | $5,399,000 | |
| Listed by RE/MAX Fine Homes | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017