30 Pelican Crest sold for over $3K per square foot, a record for Newport Beach's Pelicans area
Pelican Crest Estate Sold at Record-Breaking Price
by Orange County Business Journal
NEWPORT BEACH, CA October 11th, 2024 - A five-bedroom, seven-bath estate in the city's Pelican Crest enclave established a new high watermark for price-per-square-foot when the 8,212-square-foot home changed hands last month.
Listing agent Jacqueline Thompson of Newport Beach-based Surterre Properties helped broker the sale of 30 Pelican Crest Drive for $25.8 million, or $3,142 per square foot. It is the highest price-per-square-foot deal ever for Newport Beach's three Pelican neighborhoods, according to Thompson. Those neighborhoods are Pelican Crest, Pelican Hill and Pelican Point (located on the south side of Pacific Coast Highway).
Thompson, who represented the seller, said the property was on the market for 238 days before she was hired to market and sell the property. Her efforts yielded two potential buyers, both of whom made an all-cash offer on the home.
"The seller built a beautiful, authentic French-style home," Thompson told the Business Journal. "One unique feature was that upon entry, the entertaining spaces are on the lower level while the bedrooms were on the main level."
"The buyer saw the home in a magazine, which piqued their interest," Thompson continued.
30 Pelican Crest sold for the first time since it was built and, according to Thompson, drew potential buyer from Asia. The estate's amenities include ocean views, home theater, pool, maid/guest quarters and a media room.
Additional Estate Features
This legacy estate in the esteemed enclave of Pelican Crest brims with European style, every space curated with art-quality installations and finishes capturing panoramic views to match their incomparable setting that stretch from the Pelican Hills Golf Course, past crashing whitewater on the coast, to Newport Harbor, Palos Verdes, Catalina Island- and, by night, painterly sunsets, and shimmering city lights.
The interiors embrace meticulous craftsmanship and elevated details from the breathtaking ceilings finished in opulent detail by J P Weaver to crown each room, to Richard Marshall hardwood flooring laid out in basket weave and herringbone detail, to imported stone and high-end, textured textiles and wall finishes that bring a refined sense of depth.
In a relaxed yet equally elegant setting, the kitchen and family room suite, features exquisite hand carved cabinetry, a La Cornue range, two Viking ranges, warming drawers and Bosch dishwashers and encompasses an island as well as a breakfast area with sit-down ocean and harbor views. Also on this level, enjoy a full bar, movie theater, bedroom suite currently used as office, laundry room and jewel box powder room. On the second level, private spaces continue in the same curated aesthetic, with a junior main suite and two guest rooms.
The primary suite is truly a transporting space, wrapped in two expansive view terraces, with a sitting area and walls adorned in stunning treatment- each panel custom designed for the room with silver leaf, hand painting and embroidery. Its sumptuous spa bath is crafted of exquisitely matched wood and stone panels and offers indulgent amenities ranging from a stand alone tub sourced from the UK, and luxurious walk in closet.
The exterior setting is marvelous with manicured gardens, custom light fixtures done by Paul Ferrante, and a succession of Walter Arnold Custom carved planters and urns, antique wellhead, sprawling lawn, barbecue area, covered loggia, and infinity edge pool embodying the ultimate spot to take in those ocean panoramas. Other exceptional highlights include hidden air vents and speakers, Clive Christian cabinetry, antique Baccarat chandeliers and sconces throughout the home, skylights throughout in the hallways and kitchen and finished garaging for four cars, and a large motor court.
Contact Jacqueline Thompson for more information about Pelican Crest homes Today! (949) 326-3392.
Be sure to check out our Instagram @JacquelineThompsonGroup and like + follow us on Facebook Jacqueline Thompson Group.
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