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3 Island Vista, Newport Coast, CA 92657

$24.00M6bd · 8ba · 8,367 sqft
Lot 13,155 sqft•HOA $1080/mo•Single Family Residence•
Active
•32d on market•MLS# OC-26169751

Property Description

Commanding panoramic views of the Pacific Ocean, Catalina Island, Newport Harbor, and the famed Pelican Hill Golf Course, this stately French palatial manor was exquisitely reimagined in 2025, bringing a fresh sense of modern sophistication to its timeless European architecture. Set on a 13,155± sq. ft. parcel within the prestigious guard-gated enclave of Pelican Crest, the 8,367± sq. ft. residence showcases exceptional craftsmanship and an uncompromising selection of materials throughout. A dramatic two-story foyer, illuminated by an antique chandelier, introduces interiors layered with natural limestone and white oak herringbone flooring, hand-brushed Venetian plaster, Moka Creme honed stone in all wet areas, and bespoke solid brass hardware finished in oil-rubbed bronze or polished nickel. Beyond the grand staircase, gracious formal living and dining rooms feature custom fireplaces, while a richly appointed wood-paneled library offers an intimate retreat. The sun-filled family room, also anchored by a fireplace, flows directly into the gourmet kitchen. Designed as both a culinary showpiece and gathering space, the kitchen is appointed with Calacatta Vagli marble surfaces, custom cabinetry, dual refrigerators, professional-grade appliances, and a built-in upholstered banquette with custom breakfast table positioned to enjoy the ocean views. The opulent primary suite features a fireplace, custom-designed closet, and spa-inspired bath with an ocean-view soaking tub and architectural glass-block accents that welcome natural light. Five additional bedroom suites provide generous accommodations, while a tiered theater room, activity and fitness spaces, sauna, and steam room further enhance the home's amenities. A subterranean seven-car garage completes the interior offering. Extensive improvements include a new roof, new HVAC system, all-new plumbing connectors, and two new water heaters. Outdoors, new stucco and roofing complement lush entertaining spaces centered around a saltwater pool and spa and a BBQ kitchen with natural stone countertops—all framed by the estate's extraordinary coastal setting. A rare combination of grand European architecture, thoughtfully reimagined interiors, and commanding views, this Pelican Crest estate presents Newport Coast living at its most refined.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
7
Garage Spaces
7
Heating
Zoned, Central
Cooling
Central Air, Zoned
View
Catalina, Ocean, Panoramic, Water
Flooring
Vinyl, Stone, Tile, Wood
Roof
Spanish Tile
City
Newport Coast
Zip Code
92657
County
Orange
Listed byPacific Sotheby's Int'l Realty, John Cain

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$121,331.78
Principal & Interest
Loan Amount
$19,196,000
Total Interest
$24,483,440
Total Payment Over 30 Years
$43,679,440
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 · 4 closed

3 Island Vista, Newport Coast, CA 92657

Newport Coast · Single Family Residence

$24.00M
Luxury Tier
Beds
6
Baths
8
Sqft
8,367
Lot
13,155 sqft
Year
2000
$/Sqft
$2868
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 7-car✓

Listed 45.9% above the median closed sale of $16,450,000. Price per sqft ($2,868) is a 40% premium to closed comps ($2,050). Closed comps sold at 89% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 230 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 $24.00M· $2,868/sqft
Total list price
Closed comps
vs closed median $20.00M
+$4.00M (+20.0%)
Active comps
vs active median $32.90M
−$8.90M (−27.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $3,761
−$893 (−23.7%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5 SailviewNewport Coast1996689,21918,924$3,569$32.90M3281
18 Sail VistaNewport Coast1999687,54316,953$5,300$39.98M7277
9 Sea ShellNewport Coast1995578,05416,000$3,102$24.98M27860
2 Channel VistaNewport Coast2000557,48123,014$3,074$23.00M25145
Total: 4 · Average5.57.08,074.2518,722.75$3,761.25$30.21M158.25
Median8,054$32.90M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23 SkyridgeNewport Coast200206/15/2026567,80022,486$13.85M$12.90M$1,6540.9311171
28 ShoreridgeNewport Coast200106/10/2026578,00015,753$14.00M$12.20M$1,5250.8729369
50 Pelican CrestNewport Coast199905/22/2026688,90019,078$24.00M$20.00M$2,2470.838561
5 Pelican Vista DriveNewport Coast200509/22/2026468,17626,092$25.00M$22.70M$2,7760.9143058
Total: 4 · Average5.06.88,21920,852.25$16.95M$16.95M$2,050.5—229.75
Median8,176$20.00M$20.00M

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.