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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
•273d 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 · 5 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 15.0% above the median closed sale of $20,000,000. Price per sqft ($3,074) is a 25% premium to closed comps ($2,460). Closed comps sold at 84% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 254 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 $20.00M
+$3.00M (+15.0%)
Active comps
vs active median $24.00M
−$995K (−4.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,989
+$85 (+2.8%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3 Island VistaNewport Coast2000688,36713,155$2,868$24.00M5360
9 Sea ShellNewport Coast1995578,05416,000$3,102$24.98M29959
2516 Ocean BoulevardCorona del Mar2026585,0003,485$3,999$20.00M19341
145 Irvine Cove CourtLaguna Beach199461010,05922,500$1,988$20.00M14341
Total: 4 · Average5.58.37,87013,785$2,989.25$22.24M172
Median8,367$24.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5 Pelican Vista DriveNewport Coast200509/22/2026468,17626,092$25.00M$22.70M$2,7760.9143169
18 Channel VistaNewport Coast199901/15/2026578,03916,502$24.85M$20.00M$2,4880.8137765
50 Pelican CrestNewport Coast199905/22/2026688,90019,078$24.00M$20.00M$2,2470.838663
22 Pelican Crest DriveNewport Coast200006/18/20265710,08718,550$28.00M$22.50M$2,2310.8033960
2200 Pacific DriveCorona del Mar198211/10/2025687,82515,300$23.00M$20.00M$2,5560.873942
Total: 5 · Average5.27.28,605.419,104.4$21.04M$21.04M$2,459.6—254.4
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.