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About This Property
Crafted by master artisans, the home blends hand-selected woods, honed natural stone, wrought iron, and classical detailing, creating interiors that feel warm, enduring, and deeply refined. A dramatic sequence of formal living and dining spaces gives way to a wood-paneled library, expansive chef's kitchen, multiple family lounges, and a day-lit lower level designed for wellness and recreation-complete with a steam-room and elevator.
French doors throughout dissolve the boundary between indoors and out, leading to a true resort environment: a sparkling pool and spa, pool pavilion with kitchenette and bar, outdoor fireplace, and a collection of covered and open-air terraces that form a series of intimate outdoor retreats. Mature trees and sculpted gardens envelop the property, reinforcing its sense of seclusion.
Designed for modern family life, the estate features two main-level guest suites ideal for in-laws or guests, and an expansive primary retreat with sitting room and spa-inspired bath with heated floors. An oversized four-car garage adds convenience and functionality to the compound layout.
All of this sits within Pelican Point-the only community in Newport Coast west of Pacific Coast Highway-offering 24-hour guard-gated security, direct gated access to the sand, and proximity to the Resort at Pelican Hill, Crystal Cove Promenade, and the best of coastal Orange County.
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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%.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by Luxe Real Estate | $17,250,000 | |
| Listed by Luxe Real Estate | |||
| Apr 27, 2025 | Price Decreased |
$17,600,000
↓ $1M
(6.9%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed | $18,900,000 | |
| Listed | |||
| | |||
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Nestled within a prestigious, guarded-gate community, this extraordinary 11,000 square-foot estate offers the perfect blend of luxury, privacy, and tranquil views. Adjacent to the serene Pacific Ocean and the renowned Pelican Hill Golf Course, this residence exudes elegance and sophistication at every turn. A private driveway leads to a spacious 4-car garage, ensuring both convenience and exclusivity. Inside, you'll discover six expansive bedrooms, including two large guest suites and a primary suite with retreat that rivals a five-star resort. With total of ten bathrooms and powder rooms, this home provides both style and function, while the grand library with custom wooden bookshelves offers a peaceful sanctuary for reading or working.
The formal living and dining rooms are perfect for hosting sophisticated gatherings or intimate moments, while the custom kitchen, equipped with top stainless steel appliances and custom cabinetry, is a chef’s dream. Multiple French doors open directly to the resort-style backyard, where a sparkling pool, pool house, and second kitchen create an entertainer’s paradise. Whether you’re relaxing by the rooftop courtyard fireplace or enjoying a movie in the entertainment room, every detail has been carefully designed for ultimate comfort and enjoyment. For wellness enthusiasts, a gym and sauna room complete the luxurious lifestyle. Experience the relaxing escape with a private resort-style backyard and exclusive access to the beach within the community.
Beyond the gates of this remarkable home, you'll find yourself surrounded by upscale shopping, world-class dining, and the renowned Pelican Hill Resort. Crystal Cove State Park and Beach are just a short walk away, offering the perfect coastal retreat. This estate is not just a home—it's a lifestyle, offering unparalleled access to oceanfront living, world-class golf, and the finest of California living.
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Property Highlights
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About Newport Coast
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017