9 Shoreridge
About This Property
The lower level is dedicated to leisure and wellness, offering a steam room, sauna, gym, temperature-controlled wine cellar, and a state-of-the-art home theater with an adjoining lounge/game area. Upstairs, the luxurious primary suite features a spacious sitting area and spa-inspired bath with dual showers, under-lit onyx countertops, and a deep soaking tub. Additional bedroom suites each include their own beautifully finished bathrooms. Outdoors, the residence's modern European influences are expressed through symmetrical design and the elegant use of thoughtful materials, creating a private resort setting complemented by breathtaking canyon and peekaboo ocean views. The grounds showcase an infinity-edge pool, spa, fire pits, multiple fountains, and two built-in BBQs-an idyllic backdrop for both intimate gatherings and grand-scale entertaining. All within minutes of Pelican Hill Resort, world-class beaches, fine dining, award-winning schools, and luxury shopping, this estate embodies a rare fusion of sophisticated modern European style and the best of California coastal living.
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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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$16,750,000
↓ $750K
(4.3%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by Luxe Real Estate | $17,500,000 | |
| Listed by Luxe Real Estate | |||
| Apr 2, 2025 | Listed | $17,200,000 | |
| Listed | |||
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Located within the exclusive custom home community of Pelican Crest, this magnificent estate offers the pinnacle of luxury living, blending modern style with timeless elegance. Spanning over 10,300 sq. ft. and featuring a flowing open floor plan, the home is enhanced by soaring two-story ceilings and seamless white French limestone flooring.
An impressive entry hall welcomes you with grand double glass iron doors and a sweeping floating staircase, serving as a central hub that connects to spaces designed for lavish entertaining. The formal dining room boasts floor-to-ceiling windows, while the chic gourmet chef’s kitchen is equipped with top-of-the-line Viking and Miele appliances. The family room invites warmth and connection, featuring an onyx fireplace and wet bar, and opens through three sets of French doors to the spacious backyard, ideal for indoor-outdoor living. A convenient main-level bedroom suite adds to the home's allure.
The lower level spares no detail, offering a private gym, sauna, stunning wine cellar, and a state-of-the-art home theater. Upstairs, discover an extravagant master retreat complemented by a luxurious spa-like bathroom featuring his and her showers, and other three bedrooms each feature their own ensuite bathrooms. The resort-style backyard provides an idyllic setting for grand gatherings, featuring a vanishing infinity-edge pool, spa, fire pits, and a built-in BBQ, all framed by breathtaking canyon and peek-a-boo ocean views. The property sits on a generous lot that enhances privacy and tranquility.
Living in the guard-gated Pelican Crest community provides access to world-class amenities, including fine dining and shopping at Fashion Island, nearby golf at Pelican Hill Resort, and easy access to Newport Coast's pristine beaches and John Wayne Airport. This estate truly exemplifies refined living at its finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017