Property listing for 1 Shoreridge, Newport Coast, CA 92657
ActiveSingle Family Home

$39,998,000

1 Shoreridge, Newport Coast, CA 92657

Reimagined Pelican Crest Ocean-View Estate — 11,200 SF on 0.79 Acre

6 Bed · 7.5 Bath · 11,200 Sq Ft

Resort-scale living, advanced automation, and panoramic Pacific vistas

6

Beds

7.5

Baths

11,200

Sq Ft

2010

Built

0.79 acres

Lot

Concealed multi-car garage (motorcourt and long private drive)

Garage

About 1 Shoreridge

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.

Home Highlights

Extensively redeveloped 11,200 SF ocean-view estateRare 0.79-acre parcel in Pelican Crest guarded community6 en suite bedrooms, 7.5 baths, executive office with ocean viewsResort-style outdoor living with multiple pools and water featuresWellness amenities: indoor/outdoor gym, Tonal, PRX, infrared sauna

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Newport Coast Elementary School

Elementary · 2-4 mi (varies by address)

8/10

Ensign Intermediate School

Middle · 5-8 mi (varies by address)

8/10

Corona del Mar High School

High · 5-10 mi (varies by address)

9/10

Walkability & Recreation

25
Walkability
85
Recreation

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.

Investment Highlights

  • Rare ~0.79-acre private parcel within Pelican Crest—unusual lot scale for the enclave
  • Approximately **11,200 SF** of extensively redeveloped living space with 6 en suite bedrooms
  • Comprehensive wellness amenities: indoor/outdoor gym, infrared sauna, Tonal and PRX systems
  • Multiple pools, water features, Full Swing simulator, home theater, and bespoke closets
  • Guarded-gate privacy with long private drive and concealed multi-car garage

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

Things to Consider

  • Ultra-luxury price tier reduces buyer pool—may require extended marketing and bespoke outreach
  • Verify permits for redevelopment work and mechanical upgrades; warranty exposure possible
  • Precise garage capacity and service access not fully documented in scraped data—confirm on-site

Opportunity Analysis

Acquire a trophy coastal compound in a guarded Pelican Crest enclave that combines turnkey modern renovations with rare lot scale and sweeping ocean views. Target buyer is UHNW individual/family seeking privacy, wellness programming, and entertaining capacity — or an investor/collector of trophy real estate.

Potential Use Scenarios

  • Position to Ultra-High-Net-Worth brokers and international buyer networks
  • Emphasize turnkey condition, wellness programming, and privacy in marketing materials
  • Commission a current appraisal and full property condition assessment before contract

Risk Factors

  • Limited market depth at $35M+ price points
  • Potential for additional capex if any redevelopment work lacked permits or warranties
  • Market sensitivity to interest rates and global liquidity among UHNW buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$37500K

Midpoint

$40000K

High

$42500K

$3571/SF estimated price per square foot

65% confidence

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.

As of 2026-03-13

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$2,500,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)1,500
Median Income (1 mi)$250,000

Ultra-high-income coastal enclave with limited residential turnover; population growth flat but household incomes and asset values high.

Nearby Points of Interest

  • Pelican Hill Golf Club (approx 1-2 mi)
  • Fashion Island / Newport Beach (approx 8-10 mi)

Immediate area dominated by luxury estates within Pelican Crest; close to Pelican Hill resort, coastal bluff trails, and upscale shopping/dining in Newport Beach and Corona del Mar.

School District

DistrictNewport-Mesa Unified School District
ElementaryNewport Coast Elementary School (Newport-Mesa USD) — 8/10
MiddleEnsign Intermediate School (Newport-Mesa USD) — 8/10
HighCorona del Mar High School (Newport-Mesa USD) — 9/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2010
Constructionwood frame with contemporary finishes (assumed)
Stories2
Heatingunknown (likely central HVAC with radiant heated floors in primary bath)
Coolingunknown (likely central air conditioning)
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.789 acres (34,372 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces6+ (concealed multi-car garage and additional motorcourt)
FrontageSet back from street on private drive; gated entrance

Utilities

WaterDistrict/Public
SewerPublic Sewer
Electricunknown
Gasunknown

Zoning & Land Use

Zoning Codelikely R1/Planned Development (PD) or equivalent
DescriptionSingle-family residential within planned Pelican Crest community; strict design and setback controls typical for gated coastal enclaves
JurisdictionCity of Newport Beach

Allowed Uses

Single family residenceAccessory uses per PDHome offices subject to PD and municipal regulations
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2023-04-13$34,000,000
2021-02-17$14,710,000
2004-04-01$2,437,500

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