Estimate anchored to the current list price of **$39,998,000** and historical sale activity of this trophy parcel (public record sale at $34,000,000 in 2023). Adjusted for recent high-end coastal comp trends, limited inventory in Pelican Crest, and the extensive redevelopment/amenity package.
Reimagined Pelican Crest Ocean-View Estate — 11,200 SF on 0.79 Acre
Set behind the guarded gates of Pelican Crest, 1 Shoreridge presents a fully reimagined ocean-view compound where contemporary design meets wellness-driven luxury. Perched on an unusually large ~34,372 SF parcel (≈0.79 acre), the estate unfolds across approximately 11,200 square feet and was extensively redeveloped to deliver thoughtful entertaining spaces, private retreats, and industry-leading mechanical and wellness systems. The arrival sequence — private iron gates, long drive and concealed garage — immediately defines the sense of privacy and occasion.
Inside, expansive walls of custom glass frame panoramic coastline and sunset views. The residence offers six en suite bedrooms and 7.5 baths arranged to maximize privacy and flow. The chef’s kitchen is fitted with professional Wolf and Sub-Zero appliances, a dedicated butler’s prep wing, and generous service spaces to support large-scale entertaining. A dramatic bar and lounge trimmed in backlit onyx flows into an expansive recreation wing that includes a dedicated theater and a professional Full Swing golf simulator.
Health and performance were integral to the redesign: a dedicated indoor-outdoor gym equipped with PRX Performance training systems and Tonal, an infrared sauna, and specialized rooms for yoga and Pilates provide a complete at-home wellness experience. The primary suite is a private executive retreat — generous sitting area, retractable ceiling-mounted television, heated floors in the spa bath with book-matched stone, and a couture-inspired walk-in closet designed with couture finishes.
Outside, multiple pools, integrated water features, covered terraces and expansive patios create a resort-like setting that amplifies the coastal exposures. Advanced home automation, comprehensive security features (guarded gates, 24-hour security, card/code access), and high-end finish selections throughout position this property as a turnkey solution for an owner seeking privacy, scale, and turnkey modern living in one of Southern California’s most exclusive enclaves.
Offered at $39,998,000, this is a rare chance to acquire a fully transformed coastal compound within Pelican Crest — a trophy property with immediate lifestyle and entertaining capability.
A 2010 contemporary on 0.79 acres.
Building
Site & utilities
Pelican Crest / Newport Coast
Researched nearby locations
Location
1 Shoreridge, Newport Coast, CA 92657
Pelican Crest in Newport Coast is an ultra-private, guard-gated enclave of high-end single-family estates perched to capture Pacific vistas. Streets are low-density and landscaped; the neighborhood is defined by large lots, custom architecture and proximity to high-quality coastal lifestyle amenities, including Pelican Hill Resort & Golf, coastal bluff trails, and the boutique destinations of Corona del Mar and Newport Beach.
Excellent access to coastal trails, elite golf at Pelican Hill, and resort recreation; immediate private outdoor amenities on-site include multiple pools and sport simulation.
A factual market snapshot around 1 Shoreridge.
Newport Coast remains one of Orange County’s most supply-constrained coastal markets. Inventory for trophy estates like this is limited; properties with panoramic ocean views, recent high-end renovations, and large lots often transact at premiums and move relatively quickly when effectively marketed to UHNW buyers. Median sale prices in the broader Newport Beach area have shown steady appreciation over the past five years (mid-to-high single digits annually in many submarkets), and luxury inventory levels remain low, shortening marketing time for standout assets. That said, the buyer pool at the $30M+ tier is naturally narrower and typically requires a bespoke outreach strategy to domestic and international private buyers, family offices and collectors. Sellers should expect negotiation of terms and timing to be tailored to buyer qualifications rather than volume-driven multiple-offer scenarios.
Single-family residential within planned Pelican Crest community; strict design and setback controls typical for gated coastal enclaves
Zoning
Research-indicated uses
- Single Family Residence
- Accessory Uses Per PD
- Home Offices Subject To PD And Municipal Regulations
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- List price: **$39,998,000** (Active as of 2026-03-11)
- Building area: **~11,200 SF**; Lot: **34,372 SF (~0.79 acres)**
- 6 bedrooms, 7.5 bathrooms (numeration from MLS fields and descriptive remarks)
- Recent public-record sale at **$34,000,000** in April 2023; extensive redevelopment completed since that sale
- Located in Pelican Crest—one of Newport Coast’s most private, guarded enclaves
What stands out about this property.
Interior Features
- Approximately 11,200 SF of living area
- 6 en suite bedrooms, 7.5 bathrooms
- Chef's kitchen with Wolf and Sub-Zero appliances
- Butler's prep area and professional-grade 6-burner stove
- Home theater and Full Swing golf simulator
- Executive office with sweeping ocean views
- Advanced home automation and integrated security
Exterior & Lot
- Rare ~34,372 SF (0.79 acre) parcel within Pelican Crest
- Multiple pools, spa and water features
- Private iron gated entry and long drive
- Concealed multi-car garage and motorcourt
- Extensive terraces and covered outdoor living rooms
Location & Neighborhood
- Pelican Crest guard-gated enclave — high privacy and exclusivity
- Short drive to Pelican Hill Resort & Golf
- Easy access to Corona del Mar and Newport Beach amenities
- Neighboring trophy estates and protected coastal open space
Walkability & Recreation
- Walkability Rating: 25/100
- Nearby coastal bluff trails and Pelican Hill walking routes
- Access to elite golf, equestrian and country club amenities nearby
Sources & research confidence.
See where the property research came from and how confidence varies by field.