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26 Coral Reef, Newport Coast, CA 92657

$6.00M3bd · 4ba · 3,155 sqft
Lot 6,264 sqft•HOA $603/mo•Single Family Residence•
Active
•5d on market•MLS# OC-26231632

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

FeeBuilt 1997

Property Details

Land Type
Fee
Year Built
1997
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Zoned
Cooling
Zoned
View
Canyon, Ocean, Panoramic
Flooring
Tile, Wood
City
Newport Coast
Zip Code
92657
County
Orange
Listed byLuxe Real Estate, Paul Daftarian

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$30,313.98
Principal & Interest
Loan Amount
$4,796,000
Total Interest
$6,117,034
Total Payment Over 30 Years
$10,913,034
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

26 Coral Reef, Newport Coast, CA 92657

Newport Coast · Single Family Residence

$6.00M
Luxury Tier
Beds
3
Baths
4
Sqft
3,155
Lot
6,264 sqft
Year
1997
$/Sqft
$1900
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

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.

Price advantage
Subject listed at $6.00M· $1,900/sqft
Total list price
Closed comps
vs closed median $6.40M
−$405K (−6.3%)
Active comps
vs active median $6.45M
−$455K (−7.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,954
−$54 (−2.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
541 HazelCorona del Mar1927342,7054,650$2,384$6.45M2666
421 NarcissusIrvine2027564,6466,244$1,277$5.93M4458
312 Carnation AvenueCorona del Mar2007353,3574,000$1,906$6.40M9858
33 Canyon TerraceIrvine2005553,68610,465$1,763$6.50M957
2508 Ocean BoulevardCorona del Mar2000442,7873,298$2,438$6.79M13055
Total: 5 · Average4.04.83,436.25,731.4$1,953.6$6.42M61.4
Median3,357$6.45M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
36 Tidal SurfNewport Coast199609/29/2026342,9645,298$7.00M$6.47M$2,1850.934182
31 Carmel Bay DriveCorona del Mar197212/04/2025432,7967,500$5.59M$5.39M$1,9280.9619673
706 PoinsettiaCorona del Mar202105/20/2026543,1684,720$6.70M$6.40M$2,0200.964967
1307 SeacrestCorona del Mar196910/21/2026332,1907,350$6.20M$6.20M$2,8311.002865
1039 Tiller wayCorona del Mar196706/11/2026432,60410,541$6.50M$6.78M$2,6021.042963
Total: 5 · Average3.83.42,744.47,081.8$6.25M$6.25M$2,313.2—68.6
Median2,796$6.40M$6.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.