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7 Oakmont Lane, Newport Beach, CA 92660

$12.49M5bd · 7ba · 6,466 sqft
Lot 14,170 sqft•HOA $1431/mo•Single Family Residence•
Active
•60d on market•MLS# OC-26189296

Property Description

Gracefully set within the guard-gated community of Big Canyon, 7 Oakmont is an exceptional French-inspired custom residence that brings timeless European elegance to one of Newport Beach’s most coveted enclaves. Built entirely from the ground up and completed in 2020, the home encompasses ~6,466 sq. ft. across a 14,170-sq.-ft. homesite, with 5 bedrooms and 7 baths and an extraordinary attention to scale, craftsmanship, and detail. A stately limestone-framed entrance creates an elegant first impression, opening to a grand entry hall with a sweeping custom iron staircase finished in petit granite flooring and illuminated by a dramatic skylight above. Beyond, soaring ceilings create a sense of volume throughout the residence. Three limestone fireplaces lend architectural distinction, while a thoughtful collection of luxury finishes carries the home’s refined sensibility from one space to the next. The main level features a primary suite, a library, an office, and a guest suite with convenient access to the pool and the ability to be secured separately from the main residence. Three ensuite bedrooms are located upstairs, as well as a large bonus room providing flexible space for media, fitness, or other lifestyle needs. Designed for entertaining and everyday living, the residence extends outdoors to one of its most inviting features: a 400+ sq. ft. covered loggia, a true extension of the living environment. This open-air living space is designed for year-round enjoyment, creating an idyllic setting for lingering dinners and relaxed afternoons. Completing the outdoor space, a heated 5-foot-deep lap pool and separate spa create a resort-like retreat, with a built-in bar and BBQ. Adding to the home’s exceptional entertaining credentials is a climate-controlled wine room, providing an elegant setting for the display of fine wines. Together with the generous kitchen, expansive great room, covered loggia, and resort-style pool setting, the residence offers a seamless progression from intimate gatherings to sophisticated entertaining. Modern comforts include six-zone HVAC, with the roof, water heater, and HVAC systems all dating to the home’s 2020 construction. Life within Big Canyon is equally distinguished, offering guarded entrances, security patrols, and beautifully maintained amenities. Beyond the gates, 7 Oakmont enjoys an enviable Newport Beach setting close to the world-class shopping and dining of Fashion Island, famed beaches, and award-winning schools.

Features & Amenities

FeeBuilt 2020

Property Details

Land Type
Fee
Year Built
2020
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
3
Heating
Zoned, Central
Cooling
Central Air, Zoned
View
None
Flooring
Stone, Tile, Wood
City
Newport Beach
Zip Code
92660
County
Orange
Listed byPacific Sotheby's Int'l Realty, John Cain

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$63,181.52
Principal & Interest
Loan Amount
$9,996,000
Total Interest
$12,749,347
Total Payment Over 30 Years
$22,745,347
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

7 Oakmont Lane, Newport Beach, CA 92660

Newport Beach · Single Family Residence

$12.49M
Luxury Tier
Beds
5
Baths
7
Sqft
6,466
Lot
14,170 sqft
Year
2020
$/Sqft
$1932
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 3-car✓

Listed 3.9% below the median closed sale of $13,000,000. Price per sqft ($1,932) is a 28% discount to closed comps ($2,687). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $12.49M· $1,932/sqft
Total list price
Closed comps
vs closed median $13.00M
−$505K (−3.9%)
Active comps
vs active median $11.99M
+$500K (+4.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,056
−$124 (−6.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1 Royal Saint GeorgeNewport Beach1980788,13113,000$1,414$11.50M15373
56 Royal Saint George RoadNewport Beach1999888,05016,117$1,553$12.50M21472
1030 Sandcastle DriveCorona del Mar2023585,0559,028$2,275$11.50M4372
1001 Tiller WayCorona del Mar2026544,3889,856$2,961$12.99M370
1399 Galaxy DriveNewport Beach2025565,7749,624$2,077$11.99M3267
Total: 5 · Average6.06.86,279.611,525$2,056$12.10M89
Median5,774$11.99M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1521 Bayadere TerraceCorona del Mar202006/26/2026466,09516,211$13.50M$11.50M$1,8870.8519072
53 Cambria DriveCorona del Mar202606/05/2026454,01912,850$14.35M$13.50M$3,3590.945265
2519 Harbor View DriveCorona del Mar202608/20/2026564,5278,886$13.99M$13.99M$3,0911.005263
1535 Dolphin TerraceCorona del Mar199208/19/2026343,31210,750$12.99M$12.25M$3,6990.9418954
11 Premiere PointNewport Coast199701/09/2026579,29222,800$13.99M$13.00M$1,3990.937053
Total: 5 · Average4.25.65,44914,299.4$12.85M$12.85M$2,687—110.6
Median4,527$13.00M$13.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.