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1 Clear Water, Newport Coast, CA 92657

Single-family home

1 Clear Water, Newport Coast, CA 92657 Sold August 2026 CRMLS
$38,900,000Sold August 2026

Listing Agent: Michael Fawaz (DRE #01342829) · Listing Office: Compass · Contact: 949-922-7762 · Bought with: Paul Daftarian · Luxe Real Estate · MLS #NP26008999 · Source: CRMLS

6
Bedrooms
10
Bathrooms
12,347
Sq Ft
47,818 sqft
Lot Size
2012
Year Built
Single-family home
Type
2
Stories
6
Garage
Yes
Pool
CentralAir, Zoned
Cooling
Central, Zoned
Heating
Catalina, CityLights, Coastline, Canyon, Panoramic
View
$3,030/mo
HOA

How this sale compares

1 Clear Water sold for $38,900,000 in August 2026, 9.5% under its $42,995,000 list price, after 169 days on the market. It was first listed at $46,500,000. That works out to $3,151 per square foot on 12,347 square feet. Across 66 closed sales in 92657 over the last 12 months, the median sold price is $6,237,500 and the median is $1,584 per square foot, 50% below this sale's $3,151.

$3,151
This sale, per sq ft
$1,584
92657 median per sq ft (12 mo)
$6,237,500
92657 median sold price (12 mo)
66
Closed sales in 92657 (12 mo)
169
Days on market
−9.5%
Sold vs. list price
QuarterClosed sales in 92657Median sold price
Q1 20268$10,135,000
Q2 202626$7,107,500
Q3 202625$6,475,000
Q4 20266$3,000,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Coast · Homes for sale in 92657

Description

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.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$38,900,000
Sold August 2026 · listed $42,995,000, orig. $46,500,000, on market January 2026, 169 days on market · MLS #NP26008999 · Source: CRMLS
Listing Agent: Michael Fawaz · Listing Office: Compass · Contact: 949-922-7762 · Bought with: Paul Daftarian · Luxe Real Estate

Recent sales near 1 Clear Water

Closed sales reported in 92657, nearest first, last 12 months. All recent sales in Newport Coast →

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