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Perched high on the hillside in the 24 hour guard gated community of Newport Coast, discover this palatial estate, “The Jewel of Ocean Heights.” This property boasts 6344 SF of living space with 3 separate wings, all with an expansive private suites. The pièce de résistance is the sumptuous main bedroom upstairs, featuring nearly 2000 SF. Enjoy sweeping ocean views from the balcony, bedroom and “Belaggio” style bathroom; a space where endless water views abound and you can soak and relax while gazing at the majestic Pacific. The home is remarkable, with unique features, thoughtfully designed to accommodate large or multi-generational families. The immense size allows for myriad of opportunities to convert the current floorplan to a six bedroom house, and the garage space from 3 to 4 car if desired. The “portico” is an ideal spot for a private art studio. This home has every desired amenity and is situated on a 12,000 SF ocean view lot with panoramic vistas reaching from Palos Verdes to Dana Point with Catalina off in the horizon. The backyard resort with private pool and spa is the ideal escape and the perfect space to savor the indoor/outdoor lifestyle Southern California. Prepare gourmet meals in the chef’s kitchen and dine al fresco while enjoying those spectacular views. Hiking and biking trails, world class beaches, shopping and dining are minutes from this premium hillside location. Amenities include multiple security cameras, temp controlled wine room and an elevator.
Listing agent: Michael Fawaz DRE #01342829 michael@michaelfawaz.com, Listing office: Compass
MLS data updated 11/3/2026, 5:18:20 PM PT
Source: CRMLS, MLS #: NP22102083
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 5, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$8,600,000Closed sale · Oct 5, 2022ZIP 92657 · Oct 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.