
26 Coral Reef, Newport Coast, CA 92657
26 Coral Reef, Newport Coast, CA 92657
Property Description
Situated on one of the largest ocean-view corner lots in the community, 26 Coral Reef presents an exceptional opportunity to enjoy sweeping, unobstructed-feeling coastal panoramas, an expansive wraparound backyard, and a highly desirable floor plan with a rare main-level primary suite. Encompassing approximately 3,155 square feet, this distinctive residence is highlighted by commanding ocean views that are enjoyed from nearly every room throughout the home. Upon entry, the home’s remarkable views immediately take center stage, with oversized picture windows framing the Pacific Ocean and allowing an abundance of natural light to fill the living spaces. These enlarged windows, an improvement rarely found among neighboring residences, create an extraordinary connection to the surrounding coastal landscape and further accentuate the property’s exceptional setting. An enclosed balcony provides additional interior living space, creating an expanded family room that offers substantially greater functionality and versatility than typically found in homes of this floor plan. Equally impressive is the property’s expansive corner lot, offering an abundance of outdoor space that is exceptionally rare for an ocean-view residence within the community. The sprawling wraparound backyard features generous areas for outdoor entertaining, with ample room for a barbecue, pool and spa, and a usable grassy lawn. The combination of its generous lot dimensions, captivating ocean views, and versatile outdoor spaces creates an ideal setting for resort-style entertaining and everyday relaxation. With its rare main-level primary suite, enhanced interior living spaces, oversized corner lot, and extraordinary ocean views throughout, 26 Coral Reef represents a truly unique opportunity to enjoy the very best of coastal living.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Coast · Single Family Residence
Listed 6.3% below the median closed sale of $6,400,000. Price per sqft ($1,900) is a 18% discount to closed comps ($2,313). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 541 Hazel | Corona del Mar | 1927 | 3 | 4 | 2,705 | 4,650 | $2,384 | $6.45M | 26 | 66 |
| 421 Narcissus | Irvine | 2027 | 5 | 6 | 4,646 | 6,244 | $1,277 | $5.93M | 44 | 58 |
| 312 Carnation Avenue | Corona del Mar | 2007 | 3 | 5 | 3,357 | 4,000 | $1,906 | $6.40M | 98 | 58 |
| 33 Canyon Terrace | Irvine | 2005 | 5 | 5 | 3,686 | 10,465 | $1,763 | $6.50M | 9 | 57 |
| 2508 Ocean Boulevard | Corona del Mar | 2000 | 4 | 4 | 2,787 | 3,298 | $2,438 | $6.79M | 130 | 55 |
| Total: 5 · Average | 4.0 | 4.8 | 3,436.2 | 5,731.4 | $1,953.6 | $6.42M | 61.4 | |||
| Median | 3,357 | $6.45M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36 Tidal Surf | Newport Coast | 1996 | 09/29/2026 | 3 | 4 | 2,964 | 5,298 | $7.00M | $6.47M | $2,185 | 0.93 | 41 | 82 |
| 31 Carmel Bay Drive | Corona del Mar | 1972 | 12/04/2025 | 4 | 3 | 2,796 | 7,500 | $5.59M | $5.39M | $1,928 | 0.96 | 196 | 73 |
| 706 Poinsettia | Corona del Mar | 2021 | 05/20/2026 | 5 | 4 | 3,168 | 4,720 | $6.70M | $6.40M | $2,020 | 0.96 | 49 | 67 |
| 1307 Seacrest | Corona del Mar | 1969 | 10/21/2026 | 3 | 3 | 2,190 | 7,350 | $6.20M | $6.20M | $2,831 | 1.00 | 28 | 65 |
| 1039 Tiller way | Corona del Mar | 1967 | 06/11/2026 | 4 | 3 | 2,604 | 10,541 | $6.50M | $6.78M | $2,602 | 1.04 | 29 | 63 |
| Total: 5 · Average | 3.8 | 3.4 | 2,744.4 | 7,081.8 | $6.25M | $6.25M | $2,313.2 | — | 68.6 | ||||
| Median | 2,796 | $6.40M | $6.40M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.