4
Bedrooms
Sold for $4,914,500 · Oct 2025
SOLDListed at $5,295,000
Newport Coast, CA
MLS# NP25195925
Michael Fawaz
Listing Agent
Compass
DRE #: 01342829
Brokerage: Compass
4
Bedrooms
4
Bathrooms
2,959 sqft
Square Feet
1998
Year Built
0.25 acres
Lot Size
$1,661
Price/Sq Ft
2
Garage Spaces
$535/mo
HOA
Single Family Home
Property Type
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.
Listing description from the October 2025 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
40 Vernon sold for $4,914,500 in October 2025, 7.2% under its $5,295,000 list price, after 26 days on the market. It was first listed at $5,495,000. That works out to $1,661 per square foot on 2,959 square feet. Across 70 closed sales in 92657 over the last 12 months, the median sold price is $6,000,000 and the median is $1,584 per square foot, 4.6% below this sale's $1,661. 4-bedroom rentals in 92657 currently list at a median of $29,999 a month (27 listings).
| Quarter | Closed sales in 92657 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $10,135,000 |
| Q2 2026 | 26 | $7,107,500 |
| Q3 2026 | 25 | $6,475,000 |
| Q4 2026 | 10 | $3,625,000 |
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
Closed sales reported in 92657, nearest first, last 12 months. All recent sales in Newport Coast →
40 Vernon
Contact Michael Fawaz
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Contact Listing Agent
Compass
DRE #01342829
Contact information is not available for this listing.