Sale Sets Newport Coast Record

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A record-setting sale price in Newport Coast.
A record-setting sale price in Newport Coast.

McKown Weinstein Associates report setting a record, selling 1 Pelican Crest Drive for $24.1 million, which the company says is the highest price per square foot to date in Newport Coast.

The 13,500 square foot Mediterranean-inspired residence sprawls over a landscaped lot with views from Laguna Beach to Palos Verdes, the company says in a statement.

Elegant finishes such as ironwork, custom wallpaper and silk draperies embellish the seven-bedroom, 11-bath home. It includes two home offices, a recreation room equipped with a bar and lounge, home theater, wine cellar and gym.