1 month on rocket

7 Telescope, Newport Coast, CA, 92657

$9,995,000

4 Bedrooms
4 Full Baths, 1 Partial
4,712 SqFt
$2,121/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage, Paved
Attached Garage4 spaces
Year Built1992
HeatingENERGY STAR Qualified Equipment
CoolingCentral Air
FireplaceGas, Living Room, Primary Bedroom
ViewOcean, Pool, Water
MLS #OC24059184
Lot Size0.26 Acres
StatusActive

About 7 Telescope

Nestled in the exclusive enclave of Pelican Ridge Estates, this exceptional renovated residence sits on a tranquil cul-de-sac, offering a coveted lifestyle defined by commanding ocean and canyon vistas. Meticulously crafted with a seamless blending of indoor and outdoor spaces, this home boasts bespoke design elements that promote elevated living. Timeless beauty is found throughout 4,710 +/- s.f. of living space, with 4 bedrooms, 5 bathrooms, and hand-crafted finishes that include soaring double-height ceilings, dramatic casement windows & luxe European oak wood floors. In the modern Leicht kitchen, sleek two-toned cabinets and veined white quartz counters complement high-end appliances that include a paneled refrigerator. This space opens to an inviting family room with tall French doors that open to salt air breezes and ocean views. Additional living spaces include a living room where towering ceilings create a luxurious place to entertain and a raised formal dining room with statement lighting. Three main-floor bedrooms all offer views of the Pacific or lush greenery, and include exquisite ensuite baths with custom designs. The upper floor primary bedroom is a true retreat, with a sitting area that offers a fireplace and opens to a private balcony where views of Newport Coast unfold. The ensuite bath is a showpiece with a massive steam shower, oversized soaking tub, and surfaces swathed in designer tile. Outdoor spaces span 11,200 s.f. +/-, and include elevated patios with stunning views, stunning ocean views, BBQ kitchen, and an infinity-edge spa. Custom landscaping is dotted with palm trees that bring a tropical vibe, and oversized concrete tiles are bisected with lush artificial grass that adds a pop of color. Pelican Ridge is a sought-after 24-hr guard-gated community that offers residents incredible amenities through the shared community center with sport courts, a pool and spa, playground facilities and close proximity to hiking trails. A convenient location makes the best of Newport easily accessible, walkable to beaches, and near to Fashion Island, world-class shopping, golf, and transportation hubs.

Property Details

Property Features

Property Information:

  • Year Built: 1992
  • Stories: 2
  • Living Area: 4,712 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 714.655.8940
  • Listing Agent: John Cain

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Balcony, High Ceilings, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Pool, Water
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage, Paved

Virtual/3D Tour

  • Virtual Tour: 7 Telescope

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Front Yard, Lawn
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From PCH, head North on Newport Coast, right into Vista Ridge, right onto Ocean Ridge, Left onto Clearview, right onto Telescope

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,995,000
  • Price Per SqFt: $2,121/SqFt

HOA Fees:

  • Amount: $450
  • 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

7 Telescope vs Newport Beach

30 DAYS ON ROCKET

-13 Days

$9,995,000

+$6.7M More

$2,121/SqFt

+$777 More

KEY TAKEAWAY

This property is $6.7M more than the Median Sold Price and $777/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: #OC24059184

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 714.655.8940
  • Listing Agent: John Cain

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: 4/27/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$50.4K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

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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-1217959
8
/10
  • Newport Coast Elementary School

  • 6655 Ridge Park Rd

  • 0.42 miles

  • Public District Grades KG-6

High School

school-card-donut-1217960
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 3.59 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $211,591. Most Newport Beach, CA residents have annual incomes $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Telescope

What is the listing price of this property?

The listing price of 7 Telescope property is $9,995,000.

What type of property is this?

The property 7 Telescope is a house located in Newport Coast, California, 92657.

Is this property for sale now?

Active Listing: 7 Telescope is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7 Telescope are:
Newport Coast Elementary School: GreatSchools Rating 8/10
Corona Del Mar High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 7 Telescope has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 7 Telescope is 4,712 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Telescope is 1992.
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Rocket HomesCaliforniaOrange CountyNewport Beach926577 Telescope

This home is located at 7 Telescope in Newport Coast, CA and zip code 92657 in the Newport Coast neighborhood. This 4,712 square foot home, which was built in 1992, sits on a 0.26 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $9,995,000.

Over 23 listings were sold over their listed price in March 2024 in Newport Beach, CA. In the same period over 50 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Newport Beach, CA between February 2024 and March 2024 increased 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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