5 months on rocket

5 Clear Water, Newport Coast, CA, 92657

$27,500,000

5 Bedrooms
5 Full Baths, 2 Partial
6,435 SqFt
$4,274/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage
Attached Garage3 spaces
Year Built2018
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Primary Bedroom, Outside
ViewIsland, City Lights, Other, Canyon, Harbor, Mountain(s), Ocean
Private PoolYes
MLS #NP23204508
Lot Size0.42 Acres
StatusActive

About 5 Clear Water

Freshly Renovated, this Custom Estate in Crystal Cove boasts 5 Bedrooms & 7 Bathrooms. Perched on one of the most desirable front-row parcels of land in the community, the property enjoys spectacular panoramic ocean views from Catalina Island up to Palos Verdes and beyond, featuring year-round sunsets and sparkling city lights in the evenings. The interior layout consists of three bedroom suites on the main floor, in addition to two ensuite bedrooms on the upper level. The main-floor primary suite includes a crackling stone fireplace and beautiful ocean views through the large glass pocket doors that lead out to the resort-style backyard. The opulent primary bathroom is complete with vaulted ceiling, heated floors, oversized glass-enclosed double shower with adjacent steam shower, large soaking tub and dual water closets. At the heart of the house lies an extraordinary gourmet kitchen with soaring ceilings, high-end appliances, sleek European cabinetry, bespoke chandeliers, a massive center island, and an open concept that flows into the great room and then out to the loggia through a wall of glass pocket doors that disappears from sight, for the ultimate in indoor/outdoor living. Additionally, there is a similarly styled catering kitchen and service bar across from the game room, with its 600+ bottle temperature-controlled wine cellar. Technology upgrades include the ultimate in-home automated by Crestron, a myriad of state-of-the-art Audio/Video equipment, and an Infrared Security system. On the exterior, this truly one-of-a-kind residence offers a central courtyard, beautifully landscaped grounds, infinity edge beach-entry pool and spa, outdoor kitchen with pizza oven, and a gated motor court. The guard-gated community of Crystal Cove has much to offer its residents and guests, including the 2.5 acre Canyon Club for swimming, tennis, work-outs, entertaining and meetings. There are also parks, greenbelts and access to hiking and biking trails. Conveniently located just outside of the community gates, the Crystal Cove Promenade includes many casual and upscale options for dining and shopping. Crystal Cove State Beach sits just across Pacific Coast Hwy.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2018
  • Stories: 2
  • Living Area: 6,435 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 689-5018
  • Listing Agent: Rex McKown

Interior Features

Interior Information:

  • Appliances: Range, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
  • Flooring Type: Stone, Wood
  • Interior: Bedroom on Main Level, Entrance Foyer, Main Level Primary
  • Fireplace: Family Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Island, City Lights, Other, Canyon, Harbor, Mountain(s), Ocean

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Harbor View Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Pch to crystal coce

Price Information

Listing Price Info

Price Summary:

  • List Price: $27,500,000
  • Price Per SqFt: $4,274/SqFt

HOA Fees:

  • Amount: $1405
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

5 Clear Water vs Newport Beach

167 DAYS ON ROCKET

+124 Days

$27,500,000

+$24.2M More

$4,274/SqFt

+$2.9K More

KEY TAKEAWAY

This property is $24.2M more than the Median Sold Price and $2.9K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP23204508

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 689-5018
  • Listing Agent: Rex McKown

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$138.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$82.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2962549
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 2.57 miles

  • Public District Grades KG-6

High School

school-card-donut-2962550
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 4.44 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $142,892. Typical income of Newport Beach, CA residents is between $100k-200k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Clear Water

What is the listing price of this property?

The listing price of 5 Clear Water property is $27,500,000.

What type of property is this?

The property 5 Clear Water is a house located in Newport Coast, California, 92657.

Is this property for sale now?

Active Listing: 5 Clear Water is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Clear Water are:
Harbor View Elementary School: GreatSchools Rating 9/10
Corona Del Mar High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 5 Clear Water has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 5 Clear Water is 6,435 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Clear Water is 2018.
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Rocket HomesCaliforniaOrange CountyNewport Beach926575 Clear Water

This home is located at 5 Clear Water in Newport Coast, CA and zip code 92657 in the Crystal Cove neighborhood. This 6,435 square foot home, which was built in 2018, sits on a 0.42 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $27,500,000.

In March 2024, from all listings sold in Newport Beach, CA there were more than 23 sold above asking price, over 50 sold below and more than 13 were sold right at the asked price. Between February 2024 and March 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 8.8%. In March 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,228,690.

From Rocket Homes Real Estate and based on county public records data.

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