For SaleNeutral Deal0 days on market
16 Pelican Point Dr
16 Pelican Point Dr, Newport Coast, CA 92657, Newport Coast, CA 92657
$12,495,000
Listing Price
16 Pelican Point Dr, Newport Coast, CA 92657
Loc: Newport Coast, CA
Days Listed
0
Tax Assessed
$9098k
Lot Size
0.29 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
1.4 mi away
8
Corona Del Mar High School
7-12
3.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1997CentralCentral Air3 Attached Garage spaces$680 monthly0.29 Acres0$2,760
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.25%
Total ROI
94.6%
Cash Flow
$201/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $201/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Newport Coast
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $12,495,000 | $2,760 |
| 2024-01-02 | Sold | $8,745,000 | $1,932 |
| 2023-12-23 | Pending sale | $8,998,000 | $1,988 |
| 2023-12-20 | Contingent | $8,998,000 | $1,988 |
| 2023-12-09 | Listed for sale | $8,998,000 | $1,988 |
| 2000-08-10 | Sold | $3,600,000 | $795 |
| 1995-10-03 | Sold | $595,000 | $131 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $9,098,298 |
| 2025 | $95,002 | $8,919,900 |
| 2024 | $58,085.64 | $5,318,306 |
| 2023 | $56,225.28 | $5,214,026 |
| 2022 | $55,294.56 | $5,111,791 |
| 2021 | $53,938.18 | $5,011,560 |
| 2020 | $53,820.08 | $4,960,173 |
| 2019 | $53,820.08 | $4,862,915 |
| 2018 | $52,887.16 | $4,767,564 |
| 2017 | $51,492.18 | $4,674,083 |
| 2016 | $51,492.18 | $4,582,435 |
| 2015 | $51,539.74 | $4,050,817 |
| 2014 | $45,045.54 | $3,971,468 |
| 2013 | $0 | $3,953,520 |
| 2012 | $0 | $3,876,000 |
| 2011 | $0 | $3,800,000 |
| 2010 | $0 | $4,202,487 |
| 2009 | $0 | $4,212,471 |
| 2008 | $0 | $4,129,874 |
| 2007 | $0 | $4,048,897 |
| 2006 | $0 | $3,969,507 |
| 2005 | $0 | $3,891,674 |
| 2004 | $0 | $3,815,367 |
| 2003 | $0 | $3,745,440 |
| 2002 | $0 | $3,672,000 |
| 2001 | $39,359.3 | $3,600,000 |
| 2000 | $17,261.1 | $1,418,108 |
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