See Home Value
$4,914,500
● House - Off Market

40 Vernon

Newport Coast, CA 92657
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,959 Ft²
$26,535
Est. Monthly
$535
HOA / Fees
1.88%
Cap Rate

About This Property

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.
Unit Size
2,959 Ft²
Days on Market
52 days
Land Size
0.25 acres
Price per sqft
$1,789
Property Type
House
Property Taxes
-
HOA Dues
$535
Year Built
1998

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Cap Rate Calculator

Last updated: 13 months ago (CRMLS #NP25195925)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Sold
Sep 29, 2025 In contract -
In contract
Sep 19, 2025 Price Decreased $5,295,000
↓ $200K (3.6%)
Price Decreased
Aug 31, 2025 Listed by Compass $5,495,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 426
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,716
  • Total Building Area: 2,921
  • Building Area: 2,921
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,921
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY/NEWPORT BEACH
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 15333 BLK LOT 10 TR 15333 LOT 10 POR OF LOT & TR 14509 POR

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062645

Geography

  • Subdivision Tract Number: 15333,1450
  • Parcel: 461-291-17
  • Lot: 10
  • Latitude: 33.6147
  • Longitude: -117.837

    Address

  • Full Address: 40 Vernon
  • Address - House Number: 40
  • Address - Street Name: Vernon
  • State: CA
  • City Name: Newport Coast
  • Carrier Code: C100
  • 4-Digit Zip Code: 0103
  • Zip Code: 92657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,163,344
  • Tax Rate Code Area: 07-233

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,348,134
  • High Value: 4,005,526
  • Low Value: 2,690,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,111,708
  • Assessed Land Value: $703,549
  • Assessed Improvements Value: $408,159

    Sales

  • Current Sale Contract Date: Jan 30, 1998
  • Current Sale Recording Date: Aug 19, 1998
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 19980543390

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport Coast


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Frequently Asked Questions

When was property at 40 Vernon built and last sold?
The property at 40 Vernon was built in 1998 and last sold on Jan 30, 1998 for $738,000.
How much is this home worth?
The estimated value of the home located at 40 Vernon is $5,489,920.
What are some comparable homes to 40 Vernon?
There are currently no comparable homes to 40 Vernon.

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