7 Canyon Rim
Newport Coast, CA 92657
$5,863,685 Trulia Estimate

7 Canyon Rim
Newport Coast, CA 92657

  • 6.5 baths
  • 7,029 sqft
  • 0.46 acres lot size
  • Single-Family Home
Off Market · Public Record
$5,863,685 Trulia Estimate
7 Canyon Rim
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Orange county.

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  • 98% of residents commute by car.

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  • 11 Restaurants

    1 Grocery store

    6 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Single-Family Home
  • 6.5 Baths
  • Built in 2001
  • 0.46 acres lot size
  • 7,029 sqft
Description

This property is no longer available to rent or buy. This description is from November 26, 2012
Beautifully blending all of the elements that create an ideal family home, this recently redecorated French Normandy-inspired estate in Newport Coast's Pelican Hill enclave embraces sweeping canyon, city light and partial ocean views. Impressively sized at approximately 6,800 square feet, the luxurious residence features a grand 2-story foyer with magnificent staircase, 5 bedrooms, 6.5 baths, a versatile media room, large private office, walk-behind wet bar with marble countertops, formal and casual living areas, and an opulent master suite with marble counters, steam shower, spa tub, fireplace and intimate outdoor viewing deck. Under a gently arched ceiling, a gourmet chef's kitchen with marble countertops and abundant cabinetry offers a large center island, stainless steel Viking appliances, and 2 refrigerators. Throughout the home, residents will appreciate the added style of warm cherry wood and cream-colored French limestone flooring; custom-crafted woodwork, including crown moldings, arched doors, and custom built-in bookcases; custom paint and window treatments; 2 SubZero built-in wine coolers; central vacuum system; and finished 3-car garage. Crowned by a handsome slate roof, the coastal estate boasts a spacious homesite of approximately 22,000 square feet, which showcases a private, gated driveway and front entry, and a newly redesigned Santa-Barbara-influenced rear yard with lush landscaping, large infinity spa, 2 flagstone fireplaces, tranquil koi pond, contemporary stone fire ring, oversized lower view deck, and 2 cooking areas with individual entertainment systems.  

Price History
Date
Price
Event

07/13/2013
$5,995,000
Posting removed

07/08/2013
$4,600,000
Sold
Recording Date
07/08/2013
Contract Date
05/28/2013
Sale Price
$4,600,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$5,060
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

02/12/2013
$5,995,000
Posting removed

02/09/2013
$5,995,000
Pending

02/07/2013
$5,995,000
Listed for sale

11/21/2012
$5,995,000
Listed for sale

04/22/2005
$5,300,000
Sold
Recording Date
04/22/2005
Contract Date
03/15/2005
Sale Price
$5,300,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$5,830
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$64,027.00
Assessments
$5,695,440
Land
$3,967,001
Improvements
$1,728,439
Total
$5,695,440
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 92657
$4,856,956
8% below sold price
Median Sale Price for 92657
$2,645,000
50% below sold price
Average Sale price/sqft for 92657
$778/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
3.49
Single-Family Home
$7,850,000
09/20/17
4
4.5
6,153
1.74
Single-Family Home
$7,500,000
08/16/17
4
1.5
2,872
3.81
Single-Family Home
$5,775,000
07/14/17
4
4
3,646
3.3
Single-Family Home
$6,350,000
05/25/17
4
4
4,298
2
Single-Family Home
$8,600,000
04/28/17
4
3.5
6,974
0.37
Single-Family Home
$8,145,000
07/10/17
4
6
8,886
0.5
Single-Family Home
$8,800,000
05/11/17
5
5.5
7,300
0.47
Single-Family Home
$6,750,000
05/19/17
5
6.5
6,802
3.94
Single-Family Home
$5,757,000
04/25/17
6
7.5
8,726
4.33
Single-Family Home
$7,900,000
10/13/17
5
7.5
11,562

Contact Info


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