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2 Channel Vista, Newport Coast, CA 92657

$23.0M5bd · 5ba · 7,481 sqft
Lot 23,014 sqft•HOA $1025/mo•Single Family Residence•
Active
•251d on market•MLS# NP-26023301

Property Description

Set within the guarded and patrolled gates of Pelican Crest, this custom Newport Coast estate is a masterclass in craftsmanship, scale, and view-driven design. Encompassing approximately 7,482 square feet, the residence offers 5 bedrooms and 5 1/2 baths, thoughtfully composed to balance grand entertaining with refined everyday living. From the moment of arrival, the home announces itself with extraordinary architectural features and meticulous detailing an expression of quality that carries throughout. Interiors unfold to reveal a richly wood-clad library, a billiards and game room, and a gourmet kitchen appointed with premium appliances, all anchored by both formal and informal dining spaces. A private office, easily convertible to an additional bedroom, adds flexibility, while a grand staircase ascends to the second level, creating a dramatic yet graceful transition between floors. The floor plan is both generous and intuitive. A main-level bedroom suite provides ideal guest or multigenerational accommodations. Upstairs, three secondary bedrooms include one en-suite and a thoughtfully designed Jack-and-Jill join the other two secondary bedrooms, offering both privacy and functionality. Completing the upper level is the primary retreat, a sanctuary that rivals a fine resort elevated and serene, with sweeping ocean vistas stretching to the endless horizon. It is the views, however, that truly define this estate. Commanding extraordinary panoramas of white-water coastline, year-round sunsets, and Catalina Island resting in the distance, the home is perfectly oriented to capture the Pacific in all its moods: daylight sparkle, golden dusk, and evening calm.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Cooling
Central Air
View
Canyon, Catalina, Coastline, Ocean, Water
City
Newport Coast
Zip Code
92657
County
Orange
Listed byCompass, Rex McKown

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$116,300.52
Principal & Interest
Loan Amount
$18,400,000
Total Interest
$23,468,186
Total Payment Over 30 Years
$41,868,186
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 4 active · 3 closed

2 Channel Vista, Newport Coast, CA 92657

Newport Coast · Single Family Residence

$23.0M
Luxury Tier
Beds
5
Baths
5
Sqft
7,481
Lot
23,014 sqft
Year
2000
$/Sqft
$3074
Pool: No✓
View: water✓
Garage: 4-car✓

Listed 88.5% above the median closed sale of $12,200,000. Price per sqft ($3,074) is a 95% premium to closed comps ($1,579). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 204 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $23.00M· $3,074/sqft
Total list price
Closed comps
vs closed median $12.20M
+$10.80M (+88.5%)
Active comps
vs active median $24.98M
−$1.98M (−7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $3,364
−$290 (−8.6%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15 ShorelineNewport Coast1998556,80013,300$2,184$14.85M8567
18 Sail VistaNewport Coast1999687,54316,953$5,300$39.98M7165
9 Sea ShellNewport Coast1995578,05416,000$3,102$24.98M27765
3 Island VistaNewport Coast2000688,36713,155$2,868$24.00M3157
Total: 4 · Average5.57.07,69114,852$3,363.5$25.95M116
Median8,054$24.98M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28 ShoreridgeNewport Coast200106/10/2026578,00015,753$14.00M$12.20M$1,5250.8729385
23 SkyridgeNewport Coast200206/15/2026567,80022,486$13.85M$12.90M$1,6540.9311176
3 Via BurroneNewport Coast200005/27/2026587,00021,804$11.49M$10.90M$1,5570.9520971
Total: 3 · Average5.07.07,60020,014.333$12.00M$12.00M$1,578.667—204.33333333333334
Median7,800$12.20M$12.20M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.