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Sold for $4,914,500
  • Listed by: Compass • Michael Fawaz • Contact: 949-922-7762
    Bought with: Pacific Avenue Realty
    $4,914,500

    40 Vernon, Newport Coast, CA 92657

    4beds
    2,959sqft
    Single Family Residence
    Built in 1998
    10,716 Square Feet Lot
    $4,973,400 Zestimate®
    $1,661/sqft
    $12,352 Estimated rent

    Home value

    $4,973,400

    $4.58M - $5.42M

    $12,352/mo

    Zestimate® history
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    What's special

    Two-car garageBeautifully landscaped backyardGourmet kitchenCustom cabinetrySub-zero and viking appliancesPremium finishesTranquil views
    Located in the prestigious guard-gated community of Rivage in Newport Coast, this exceptional single-story residence offers an elegant blend of timeless design and modern luxury. With only one owner since it was built, the home has been meticulously remodeled throughout, showcasing an attention to detail rarely found in today’s market. Set on an expansive 11,000 sq. ft. lot, the approximately 3,000 sq. ft. floor plan features four bedrooms and three-and-a-half bathrooms, thoughtfully arranged to maximize comfort and ultimate privacy. Inside, new washed oak flooring, soaring solid wood doors, and premium finishes create a refined coastal aesthetic. The gourmet kitchen has been completely reimagined with Sub-Zero and Viking appliances, custom cabinetry, stone counters, and designer fixtures, while all bathrooms—including the spa-like primary retreat—have been luxuriously remodeled to reflect modern elegance. Every window and French door has been replaced with Jeld-Wen Windows & Doors, offering both style and efficiency, and new faucets have been installed throughout. A long, curved private driveway leads to a two-car garage and provides ample parking for guests. The beautifully landscaped backyard, framed by mature vines, trees, and roses, offers tranquil views, including amazing canyon and city light views, and a rare sense of seclusion, creating the perfect setting for indoor-outdoor living. This is a rare opportunity to own a fully updated single-level home in one of Newport Coast’s most desirable neighborhoods—just minutes from world-class beaches, premier shopping, fine dining, and award-winning schools.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Fawaz DRE #01342829 949-922-7762,

    Compass

    Bought with:

    Prashant Sampat, DRE #01916221

    Pacific Avenue Realty

    Source: CRMLS,MLS#: NP25195925MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 4
    • Main level bedrooms: 4
    Rooms
    • Room types: Bathroom, Bedroom, Laundry, Primary Bathroom, Primary Bedroom, Pantry, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Jack and Jill Bath
    Bathroom
    • Features: Dual Sinks, Full Bath on Main Level, Remodeled, Soaking Tub, Upgraded, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Walk-In Pantry
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Breakfast Bar, Breakfast Area, Separate/Formal Dining Room, Open Floorplan, Quartz Counters, Stone Counters, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Primary Suite, Walk-In Pantry
    • Flooring: Wood
    • Doors: French Doors
    • Windows: Custom Covering(s), Double Pane Windows, Drapes
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,959 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Single, Driveway, Garage, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 0
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: Glass
    • Has view: Yes
    • View description: City Lights, Canyon, Reservoir
    • Has water view: Yes
    • Water view: Reservoir
    Lot
    • Size: 10,716 Square Feet
    • Features: Back Yard, Corner Lot, Cul-De-Sac, Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Sprinklers Manual
    Details
    • Parcel number: 46129117
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Storm Drain(s), Street Lights, Sidewalks
    • Security: Fire Detection System, Gated with Guard, Gated with Attendant, Smoke Detector(s)
    • Subdivision: Rivage (Nrrv)
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Playground, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
    • HOA fee: $535 monthly
    • HOA name: Newport Ridge North
    • HOA phone: 949-450-0202
    Location
    • Region: Newport Coast

    Financial & listing details

    • Price per square foot: $1,661/sqft
    • Tax assessed value: $1,156,620
    • Annual tax amount: $12,228
    • Date on market: 9/1/2025
    • Cumulative days on market: 26 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    10/23/2025Sold$4,914,500-7.2%$1,661/sqft
    Source: CRMLS #NP25195925 Report a problem
    10/15/2025Pending sale$5,295,000$1,789/sqft
    Source: CRMLS #NP25195925 Report a problem
    9/28/2025Contingent$5,295,000$1,789/sqft
    Source: CRMLS #NP25195925 Report a problem
    9/18/2025Price change$5,295,000-3.6%$1,789/sqft
    Source: CRMLS #NP25195925 Report a problem
    9/2/2025Listed for sale$5,495,000+644.6%$1,857/sqft
    Source: CRMLS #NP25195925 Report a problem
    8/19/1998Sold$738,000$249/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,228 +3.4%$1,156,620 +2%
    2024$11,830 +1.7%$1,133,942 +2%
    2023$11,633 +1.9%$1,111,708 +2%
    2022$11,414 +2.7%$1,089,910 +2%
    2021$11,118 -0.6%$1,068,540 +1%
    2020$11,188 $1,057,584 +2%
    2019$11,188 +0.3%$1,036,848 +2%
    2018$11,151 +3.8%$1,016,518 +2%
    2017$10,748 $996,587 +2%
    2016$10,748 +2.1%$977,047 +1.5%
    2015$10,523 +3.1%$962,371 +2%
    2014$10,206 $943,520 +0.5%
    2013-- $939,256 +2%
    2012-- $920,840 +2%
    2011-- $902,785 +0.8%
    2010-- $896,038 -0.2%
    2009-- $898,168 +2%
    2008-- $880,557 +2%
    2007-- $863,292 +2%
    2006-- $846,365 +2%
    2005-- $829,770 +2%
    2004-- $813,500 +1.9%
    2003-- $798,591 +2%
    2002-- $782,933 +2%
    2001$8,422 +1.8%$767,582 +2%
    2000$8,272 $752,532
    Find assessor info on the county website

    Neighborhood: Newport Coast

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,973,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,973,400