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Set on a uniquely private lot and positioned to maximize direct views of the Pacific Ocean, 16 Coral Reef provides a rare opportunity to reside in Pelican Ridge Estates amongst the prestigious custom homes in Newport Coast. Boasting approximately 3400 sqft of living space and three spacious bedrooms across multiple levels, this open concept floor plan offers dedicated spaces for guests while maintaining an open- concept floor plan ideal for large scale celebrations and casual living alike. The gourmet chef’s kitchen, with newly updated cabinetry, quartz countertops, and designer lighting provides the perfect focal point to entertain, while the serene backdrop of the Pacific Ocean teases the sky with ever-changing hues of the California skies and water. Upstairs, the expansive master suite, which features the best ocean views on property, provides a hotel-like ambiance that rivals the World Class Pelican Hill Resort just across the way. His and her closets, dual vanities, and designer lighting fixtures highlight the functionality & aesthetic the home provides at the highest level. Downstairs, two dedicated bedrooms + a bonus area provide a distinctly private living space supplementing the main living areas - creating a perfect setting for guests or fellow residents desiring privacy on par with larger, custom homes. Three sets of sliding doors allow one to easily traverse into the oversized outdoor space, complete with a BBQ island with seating, space for sunbathing, and the utmost privacy expected in a community of this caliber. World class community amenities, such as two 24 hour guard gates, community pools, and tennis/ basketball courts, perfectly complement the prestige and ease of living behind the exclusive Pelican Ridge gates.
Listing agent: Paul Daftarian DRE #01317949 paul@daftariangroup.com, Listing office: Luxe Real Estate
MLS data updated 11/3/2026, 6:49:46 PM PT
Source: CRMLS, MLS #: OC24202621
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 22, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$5,100,000Closed sale · Apr 22, 2025ZIP 92657 · Apr 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.