16 Coral Reef, Newport Coast, CA 92657

$5,995,000 Asking Price

3 beds
4 baths
3,421  sqft
Built in 1997

Set on a uniquely private lot and positioned to maximize direct views of the Pacific Ocean, 16 Coral Reef provides a rare opportunity to reside in Pelican Ridge Estates amongst the prestigious custom homes in Newport Coast. Boasting approximately 3400 sqft of living space and three spacious bedrooms across multiple levels, this open concept floor plan offers dedicated spaces for guests while maintaining an open- concept floor plan ideal for large scale celebrations and casual living alike. The gourmet chef’s kitchen, with newly updated cabinetry, quartz countertops, and designer lighting provides the perfect focal point to entertain, while the serene backdrop of the Pacific Ocean teases the sky with ever-changing hues of the California skies and water. Upstairs, the expansive master suite, which features the best ocean views on property, provides a hotel-like ambiance that rivals the World Class Pelican Hill Resort just across the way. His and her closets, dual vanities, and designer lighting fixtures highlight the functionality & aesthetic the home provides at the highest level. Downstairs, two dedicated bedrooms + a bonus area provide a distinctly private living space supplementing the main living areas - creating a perfect setting for guests or fellow residents desiring priv

Features & Amenities

Interior

General:
Den, Kitchen/Family Combo, Breakfast Bar, Stone Counters, Kitchen Island, Updated Kitchen
Appliances:
Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Free-Standing Range, Refrigerator, Gas Water Heater, Water Softener, ENERGY STAR Qualified Appliances
Laundry:
Dryer, Gas Dryer Hookup, Laundry Room, Washer
Flooring:
Tile, Wood
A/C:
true, Central Air, Other
Heating:
true, Forced Air, Central, Fireplace(s)
Fireplace:
Family Room, Gas, Gas Starter, Fireplace
Disability Feature:
Other

Exterior

General:
Lighting, Backyard, Back Yard, Front Yard, Sprinklers Automatic
Style:
Mediterranean
Pool:
In Ground, Spa, Fenced
Parking:
Attached, Other

Construction

General:
Three or More Stories

Location

HOA Amenities:
Clubhouse, Playground, Pool, Gated, Spa/Hot Tub, Tennis Court(s), Picnic Area, 533.0, Monthly
School District:
Newport-Mesa Unified
County:
Orange

Lot

Zoning:
47712110
View:
Panoramic, Other, Ocean

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Luxe Real Estate, Paul Daftarian

About Newport Coast, CA

Housing

Number of Units
4,754
Median Home Value
$1,158,767
Median Rent
$1,986

21.61% of housing units are renter occupied.

10.11% are vacant.

Commute

Car
51.64%
Public Transportation
0.00%
Walk to Work
0.89%
Work from Home
47.03%
Other
0.43%

The median travel time to work is 18 minutes.

People

Population
11,130
Median Age
48.50
Median Household Size
2.74

Education

High School
6.92%
Associate’s Degree
4.44%
Bachelor’s Degree
40.03%
Graduate Degree
37.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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