15 Vernon, Newport Coast, California 92657, Newport Coast, 92657 - 5 bed, 4 bath
15 Vernon
Newport Coast, California 92657
Property Price
SUMMARY
Analysis of 15 Vernon, Newport Coast, California 92657 reveals a property with a current list price of $5,800,000, which is 6% above the estimated $5,424,488 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Coast Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Vernon Subject | $5,800,000* List Price | 5 | 4 | 3,974 | $1,365 | - |
A 31 Harcourt Sold | $5,492,000 | 4 | 4 | 3,787 | $1,450 | 0.2 mi |
B 6 Cavaillon Active | $4,995,000 List Price | 5 | 4 | 3,474 | $1,438 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2000, the property has undergone extensive high-end renovations within the last 5 years. The interior features a modern chef's kitchen with professional-grade stainless steel appliances and stone countertops, updated luxury bathrooms with contemporary fixtures and frameless glass showers, wide-plank hardwood flooring, and a private in-home elevator. The residence is in move-in condition with no signs of deferred maintenance, meeting current luxury quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Coast Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Enhanced Accessibility
The rare inclusion of a private in-home elevator and a sought-after main-floor bedroom makes this residence exceptionally well-suited for multi-generational living and long-term aging in place.
- Strategic Connectivity
The unique dual-gate community layout provides seamless, high-speed access to world-class education at UCI and TVT, as well as the upscale Newport Coast Shopping Center.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Compact Lot Size
At approximately 6,167 square feet, the lot is relatively small for a nearly 4,000 square foot home, which may limit outdoor recreational space compared to other luxury estates in this price bracket.
- Record Discrepancies
The listing notes a discrepancy in the bathroom count between seller records and official data, requiring additional buyer due diligence and potentially complicating the appraisal process.
About 15 Vernon
Experience the pinnacle of Newport Coast living at 15 Vernon, a meticulously refined residence located within the exclusive, guard-gated Rivage enclave of Newport Ridge North. This rare offering seamlessly blends sophisticated luxury with functional design, prioritizing both accessibility and lifestyle. Exceptional Features & Layout: Versatile Living Space: Boasting 5 spacious bedrooms and 3.5 bathrooms (per seller/buyer to verify), this home features a highly sought-after main-floor bedroom—thoughtfully converted to provide convenience for guests or multi-generational living. Private Elevator: A premium addition, the in-home elevator provides effortless access between levels, ensuring long-term comfort and ease of movement. Serene Outdoor Oasis: The backyard opens to breathtaking, open field views, offering a sense of privacy and tranquility. Enjoy the picturesque backdrop of rolling hills and the prestigious Sage Hill School campus right from your private retreat. Strategic Community Connectivity: The unique dual-gate layout of this community offers a lifestyle of unmatched convenience: North Gate Access: Provides a direct and seamless connection to UC Irvine (UCI) and the nationally-ranked TVT (Tarbut V'Torah) Community Day School, placing world-class education just moments away. South Gate Access: Quick access to the upscale Newport Coast Shopping Center and the highly-rated local elementary school, offering premium dining and daily essentials at your doorstep. Premier Community Amenities: Residents of Rivage enjoy resort-style amenities, including a junior Olympic-sized swimming pool, professional sport courts, and beautifully manicured parks. Prime Location: Ideally situated near Fashion Island, Pelican Hill Resort, and Southern California’s most pristine beaches and scenic trails. Offering a perfect balance of privacy, accessibility, and rare architectural features, 15 Vernon presents a unique opportunity for the discerning buyer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 6,167 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $455.0 / Month
Neighborhood Insights
Newport Coast Unified Schools
Newport Coast Elementary School
Grades PK-6 • 1.1 mi
Corona Del Mar High School
Grades 7-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 4.0 | 5.0 | 45% |
| Square foot | 3,974 | 3,995 | 45% |
| Lot Size | 6,167 | 9,290.5 | 24% |
| Price | $5.80M | $8.20M | 33% |
| Price per sq ft | $1.5K | $1.7K | 26% |
| Built year | 2000 | 2001 | 45% |
| HOA | $455.0 | $541 | 33% |
| Days on market | 3 | 180 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$5,800,000
Initial Listing
Sold
Apr 12, 2023
$4,900,000
Public Record
Sold
Jun 29, 1998
$715,000
Public Record