Skip main navigation
Pending
    • Listed by: Compass • Michael Fawaz • Contact: 949-922-7762
    Price cut: $3.5M (5/28)
    $42,995,000

    1 Clear Water, Newport Coast, CA 92657

    6beds
    12,347sqft
    : 
    $286,138/mo
    Get pre-qualified
    Single Family Residence
    Built in 2012
    1.1 Acres Lot
    $37,535,800 Zestimate®
    $3,482/sqft
    $3,030/mo HOA

    What's special

    Putting greenSweeping ocean panoramasSpacious laundry suiteTwo ensuite bedroomsMud roomElegant libraryTwo powder rooms
    Discovered by invitation only, this Tuscan-inspired Farmhouse estate is a rare legacy property within the exclusive double guard-gated community of Crystal Cove. Set on one of the few coveted double lots in the entire enclave, the estate is situated entirely above grade, elevating sightlines and showcasing expansive ocean views throughout the residence. Constructed by PrideMark and set on over 1.10 acres, the estate unfolds as a true trophy property spanning over 12,000 square feet. Approximately 280 degrees of sweeping ocean views envelop the 10,464 square foot main residence and the 1,883 square foot detached guest house. Anchoring the estate’s exceptional indoor-outdoor lifestyle are four fireplaces—three indoors and one outdoors—along with a fire pit designed for intimate gatherings and elegant entertaining. A gated entry introduces curated design with textured finishes, symmetry, custom built-ins, and refined architectural details. The Great Room frames panoramic ocean views through steel-framed windows, extending toward Palos Verdes and Long Beach. An enclosed indoor/outdoor loggia creates a year-round living and dining retreat. Main-level amenities include an elegant library, mud room, two ensuite bedrooms, two powder rooms, and a spacious laundry suite. The executive office is private and generously sized with commanding ocean, city light, harbor, and courtyard views. A separate gym/flex room with private entry adds versatility. In total, the estate offers six bedrooms and ten bathrooms, including five ensuite bedrooms in the main residence and a detached guest house with one bedroom and two bathrooms, plus an outdoor-access bathroom. The chef’s kitchen features a stone arched hood, Viking range, 36” refrigerator with matching full freezer, custom pantry storage, and a breakfast nook with antique stone fireplace overlooking the gardens. Upstairs, the primary suite enjoys ocean views, a soaking tub framed by brick arches, heated floors, antique Moroccan tile, an oversized closet, and dual showers including steam. Two additional ensuite bedrooms and a media room complete the level. The grounds showcase an infinity-edge pool, putting green, fire pit, built-in BBQ pavilion, and sweeping ocean panoramas. Parking includes six garage spaces plus six additional motor court spaces. The detached guest house offers full residential comfort with elevator access and finishes equal to the main home—ideal for guests, multigenerational living, or staff.
    181 days
    |
    1,604
    |
    79
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Fawaz DRE #01342829 949-922-7762,

    Compass

    Source: CRMLS,MLS#: NP26008999MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 10
      • Full bathrooms: 6
      • 1/2 bathrooms: 4
      • Main level bathrooms: 6
      • Main level bedrooms: 2
      Rooms
      • Room types: Bonus Room, Bedroom, Exercise Room, Family Room, Guest Quarters, Kitchen, Laundry, Library, Media Room, Other, Pantry, Workshop, Dining Room
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Heated Floor, Multiple Shower Heads, Stone Counters, Tile Counters, Upgraded, Walk-In Shower
      Kitchen
      • Features: Butler's Pantry, Kitchen Island, Stone Counters, Walk-In Pantry
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Freezer, Refrigerator, Range Hood
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
      Features
      • Beamed Ceilings, Breakfast Bar, Balcony, Breakfast Area, Separate/Formal Dining Room, Granite Counters, Pantry, Bedroom on Main Level, Walk-In Pantry, Walk-In Closet(s), Workshop
      • Flooring: Brick, Stone, Wood
      • Doors: French Doors, Sliding Doors
      • Windows: Double Pane Windows, Screens
      • Has fireplace: Yes
      • Fireplace features: Dining Room, Family Room, Outside
      • Common walls with other units/homes: End Unit,No Common Walls
      Interior area
      • Total interior livable area: 12,347 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 12
      • Parking features: Door-Multi, Driveway, Garage, Gated, Garage Faces Side
      • Attached garage spaces: 6
      • Uncovered spaces: 6
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 0
      • Patio & porch: Stone
      • Exterior features: Brick Driveway, Fire Pit
      • Has private pool: Yes
      • Pool features: Gas Heat, Private, Association
      • Has spa: Yes
      • Spa features: Association, Heated, Private
      • Has view: Yes
      • View description: Catalina, City Lights, Coastline, Canyon, Panoramic
      • Has water view: Yes
      • Water view: Coastline
      Lot
      • Size: 1.1 Acres
      • Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Lot Over 40000 Sqft, Sprinkler System
      Details
      • Parcel number: 47726183
      • On leased land: Yes
      • Lease amount: $0
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Spanish Tile
      Condition
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Gated with Attendant, 24 Hour Security, Smoke Detector(s)
      • Subdivision: Crystal Cove Estate Collection (Ccec)
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Barbecue, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
      • HOA fee: $3,030 monthly
      • HOA name: Crystal Cove
      • HOA phone: 949-290-7213
      Location
      • Region: Newport Coast

      Financial & listing details

      • Price per square foot: $3,482/sqft
      • Tax assessed value: $11,881,329
      • Annual tax amount: $131,816
      • Date on market: 1/16/2026
      • Cumulative days on market: 182 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $37,535,800

        $35.28M - $39.79M

        $67,192/mo

        Price history

        DateEventPrice
        7/15/2026Pending sale$42,995,000$3,482/sqft
        Source: CRMLS #NP26008999 Report a problem
        7/7/2026Contingent$42,995,000$3,482/sqft
        Source: CRMLS #NP26008999 Report a problem
        5/28/2026Price change$42,995,000-7.5%$3,482/sqft
        Source: CRMLS #NP26008999 Report a problem
        5/22/2026Listed for sale$46,500,000$3,766/sqft
        Source: CRMLS #NP26008999 Report a problem
        5/16/2026Contingent$46,500,000$3,766/sqft
        Source: CRMLS #NP26008999 Report a problem
        1/16/2026Listed for sale$46,500,000+1267.6%$3,766/sqft
        Source: CRMLS #NP26008999 Report a problem
        5/1/2008Sold$3,400,000$275/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$131,816 +1.2%$11,881,329 +2%
        2024$130,294 +2.1%$11,648,362 +2%
        2023$127,588 +2.3%$11,419,963 +2%
        2022$124,719 +1.7%$11,196,043 +2%
        2021$122,614 +1.3%$10,976,513 +1%
        2020$120,991 $10,863,963 +2%
        2019$120,991 +0.7%$10,650,945 +2%
        2018$120,208 +2%$10,442,103 +2%
        2017$117,837 $10,237,356 +6.6%
        2016$117,837 +7.2%$9,602,204 +1.5%
        2015$109,918 +4.5%$9,457,970 +2%
        2014$105,146 $9,272,702 +0.5%
        2013-- $9,230,795 +3.3%
        2012-- $8,932,980 +2%
        2011-- $8,757,824
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Newport Coast

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Newport Beach Topics

              Search
              Updates
              Favorites
              Plan
              Inbox