8 Pinnacle Point, Newport Coast, CA 92657
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8 Pinnacle Point Newport Coast, CA 92657

$6,500,000 Sold Price as of 07/16/2021
  • 5 Beds
  • 5.5 Baths
  • 5,382 Sq.Ft.
Sold
$6,500,000 Sold Price as of 07/16/2021 Refinance Your Mortgage

Map preview of 8 Pinnacle Point, Newport Coast, CA 92657

Property Overview: 8 Pinnacle Point Newport Coast, CA has 5 bedrooms, 5.5 bathrooms, 5,382 living square feet and 15,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this oversized premier corner lot residence with amazing ocean views from upstairs bedrooms, office, and balcony! Situated on the highest, most desirable cul-de-sac street within a 24-hour guard-gated, prestigious community of Pelican Ridge, you can sense the privacy and serenity. Open concept floor plan and abundance of windows and French doors throughout the walls make the home interior extremely bright; Recently underwent an extensive remodeling: Kitchen with Taj Mahal quartzite top, new cabinets, new upscale Wolf appliances including two dishwashers, refrigerator, 8-burner gas range with dual oven, an extra single oven, microwave oven; Newly installed carpet in all bedrooms, office, and living room; Freshly painted interior and exterior. Three new vanities, and much more. It boasts five bedroom suits with two downstairs, five full baths, and a half bath, a workout room that can be converted to a huge hers closet adjacent to the master bedroom, an executive office upstairs, a wet bar near the formal dining room. The three-car garage with spacious exercise/storage area. The huge lush backyard features an outdoor fireplace, swimming pool with water fountain and jacuzzi, built-in BBQ, patios, fire pit, provides the paradise for gathering and entertainment. This home is close to the Pelican Hill Resort and Golf Course. Must see to appreciate.

Listed by Kathy Zhou | BRE #01923693 | Ascendant Realty
Last checked: 30 seconds ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
15,500
HOA Dues
$838/mo
Year built
1997
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC21139354
City
Newport Coast
County
Orange
Time on Site
1042 days

Property Details for 8 Pinnacle Point

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Outside
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 3
  • Bonus Room, Exercise Room, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Double Oven, Gas Range, Water Heater
  • Kitchen Island, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
Interior Features
  • In-Law Floorplan, Balcony, Bar, Ceiling Fan(s), Crown Molding, Recessed Lighting, Unfurnished, Wired for Sound
  • Levels: Two
  • Security Features: 24 Hour Security, Gated with Attendant, Fire Sprinkler System
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 47707128
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Pelican Ridge Estate
  • Association Fee: $438 (Monthly)
  • Second Association Name: Newport Coast Community Association
  • Second Association Fee: $400 (Frequency Unknown)
  • Association Amenities: Management, Guard, Controlled Access
  • Total Average Monthly Fee: $838
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: CFD/Mello-Roos
Schools
School Information
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Pelican Ridge (NCPR)
  • Directions: Newport Coast Drive to Ocean Ridge Drive, Right on Kingsport, Left on Pinnacle Point
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

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Sale History for 8 Pinnacle Point

Last sold for $6,500,000 on July 16th, 2021
  • July, 2021

  • Jul 19, 2021

    Date

    Sold

    CRMLS: OC21139354

    $6,500,000

    Price

  • Jul 9, 2021

    Date

    Pending

    CRMLS: OC21139354

    $6,700,000

    Price

  • Jul 5, 2021

    Date

    Active Under Contract

    CRMLS: OC21139354

    $6,700,000

    Price

  • Jun 27, 2021

    Date

    Active

    CRMLS: OC21139354

    $6,700,000

    Price

  • June, 2014

  • Jun 30, 2014

    Date

    Sold (Public Records)

    Public Records

    $4,248,000

    Price

  • February, 2004

  • Feb 4, 2004

    Date

    Sold (Public Records)

    Public Records

    $2,556,000

    Price

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Tax History for 8 Pinnacle Point

Assessed Value (2020): $4,761,565
Year Land Value Improved Value Assessed Value
2020 $3,606,766 $1,154,799 $4,761,565

Home Value Compared to the Market

This property vs the competition

8 Pinnacle Point sold on July 16, 2021 for 10.2% higher than the current median sold price for the city of Newport Coast which is $6,080,000. The median sold price per/sqft for Newport Coast is $1,576 and this home is sold at $1244.89 per/sqft which puts the price per square foot 21.01% lower than the current median sale per square foot for the city of Newport Coast.

About 8 Pinnacle Point

Detailed summary of property

8 Pinnacle Point is a single family home that recently sold in Newport Coast, CA 92657. This house offered 5 bedrooms, 5.5 bathrooms, roughly 5,382 living square feet, and sits on an approximately 15,500 square foot lot. 8 Pinnacle Point was first listed on ArdentRealEstateGroup.com on June 27, 2021. The homeowner sold the property for $6,500,000. Home in Newport Coast are selling for a median price of $6,080,000 and a median price per square foot of $1,576. Based on Ardent Real Estate Group's Newport Coast Market Data, this home is sold 10.2% higher than the current median priced home. Local homes that are currently for sale include 9 Rockingham Dr, 6 Jupiter Hills Dr and 2141 Seville Ave. This home does have a Homeowners Association and the monthly fee is $838 per month. While the average home in Newport Coast, CA is selling in 92 days, 8 Pinnacle Point has a days on market of 5 days. There are currently 54 homes for sale in the Newport Coast real estate market and 42 of them are single family homes while 9 of them are condos and 3 are townhomes. For more information on this home for sale at 8 Pinnacle Point Newport Coast, CA 92657 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Coast agents.

Public Facts for 8 Pinnacle Point

Public county record property details
Beds
4
Baths
5
Year built
1997
Sq. Ft.
5,382
Lot Size
15,500
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
Yes
County
Orange
Lot#
58
APN
477-071-28

The source for these homes facts are from public records.

92657 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$10,800,000
Median List Price/Sq.Ft.
$1,880
Median Sold Price
$6,080,000
Median Sold Price/Sq.Ft.
$1,576
Total Inventory
54
Median Sale to List Price %
97.28%
Avg Days on Market
50
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (54.55%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.