A Reimagined Coastal Icon: This $29.998M Estate Sets a New Benchmark for Seaside Living

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Nestled atop one of the most coveted oceanfront parcels in Southern California, 22 Pelican Crest Drive in Newport Coast offers a rare convergence of architectural mastery, panoramic vistas, and unmatched privacy. Listed at $29,998,000, this palatial estate embodies the height of California real estate luxury, commanding 10,087 square feet of reimagined living space that frames picture-perfect views of Catalina Island, the Pacific Ocean, and the glittering coastline below.

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Originally constructed in 2000, the residence has undergone a comprehensive renovation that respects its grand design while infusing it with contemporary flair. A dramatic glass spiral staircase and double-height entry set the tone for a home that balances theatrical design with livable elegance. The result is a refined haven that caters equally to intimate family living and lavish entertaining.

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According to Paul Daftarian of Luxe Real Estate, who co-represents the listing, “The redesign of 22 Pelican Crest is nothing short of transformational. Every corner of this home is intentional—from the curated art lighting to the handcrafted finishes—it’s designed for clients who expect excellence in every detail.”

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SEE MORE: A Lavish Moroccan-Style Retreat in BIGHORN Golf Club Hits the Market for $13.995M

Iconic Views Meet Architectural Drama

One of the home’s most defining characteristics is its relationship to the landscape. The pie-shaped lot, spanning nearly half an acre, positions the residence to capture uninterrupted sit-down views from virtually every room. Walls of glass blur the boundaries between interior and exterior, enhancing the connection to coastal surroundings while bathing the home in natural light.

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The primary suite, set apart as a serene sanctuary, features a private retreat, spa-inspired bathroom, and couture-grade closet. The experience is elevated by its direct outlook over the ocean—a constantly shifting backdrop of color and light. Multiple entertainment zones including a theater, fitness room, billiards lounge, bar, and expansive wine cellar underscore the estate’s resort-like lifestyle.

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Most homes in this price range check the boxes,” adds Michael Balliet, also with Luxe Real Estate, “but this one rewrites the checklist entirely. It doesn’t just provide luxury—it delivers an emotional experience every time you walk through the door.”

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SEE MORE: World-Class Architectural Marvel in California by Bridgewater & Burton Listed for $35.998 Million

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A Private Resort Within an Exclusive Community

Beyond the interior opulence, the estate offers a wealth of outdoor spaces crafted for both relaxation and grandeur. An infinity-edge pool, heated spa, outdoor kitchen, and tiered terraces invite alfresco dining, sunset gatherings, and serene mornings watching the Pacific horizon. Lush, mature landscaping ensures complete privacy—rare even in this elite neighborhood.

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The home sits within the Pelican Crest subdivision, one of the most prestigious enclaves in Newport Coast real estate. Guard-gated and patrolled 24/7, the community is favored by discerning homeowners seeking privacy, prestige, and proximity to coastal attractions. Residents enjoy access to exclusive amenities such as a clubhouse, outdoor cooking and picnic areas, resort-style pools, and meticulously maintained green spaces.

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The location is equally strategic. Within minutes are the championship greens of Pelican Hill Golf Club, the retail sophistication of Fashion Island, and the scenic trails of Crystal Cove State Park. The estate’s position also ensures seamless access to Pacific Coast Highway and the 73 Toll Road, placing it within easy reach of both LAX and John Wayne Airport.

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SEE MORE: A Masterfully Crafted Beverly Hills Estate with Unrivaled Ocean-to-City Views Listed at $77.5 Million

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A Rare Opportunity in California’s Luxury Market

In a market where new listings are scarce and demand remains resilient, 22 Pelican Crest Drive represents a singular opportunity. The estate last sold in 2016 for just over $10 million, and its nearly 130% appreciation over the past decade reflects both the caliber of the home and the enduring appeal of the Newport Coast lifestyle.

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This home is for a buyer who wants it all,” says Daftarian. “Privacy, scale, design, views—and the prestige of owning one of the crown jewels of California real estate.

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As featured by Luxury Houses Magazine, this offering is more than a home—it’s a generational asset, a work of art, and a rare expression of coastal grandeur.

Explore the listing on Zillow
Contact the listing agents via Luxe Real Estate

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* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*

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