1232 W Oceanfront Newport Beach, CA $ 7,495,000
1232 W Oceanfront
$ 7,495,000
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1232 W Oceanfront

Newport Beach, CA, 92661
$ 7,495,000
Bedrooms2 Baths2.0 Sq 1,819

Monthly Estimate*

$ 49,814

Listed by DOUGLAS ELLIMAN OF CALIFORNIA, INC.
1232 W Oceanfront, Newport Beach, CA 92661 - Image 1
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1232 W Oceanfront, Newport Beach, CA 92661 - Image 3
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1232 W Oceanfront, Newport Beach, CA 92661 - Image 8
1232 W Oceanfront, Newport Beach, CA 92661 - Image 9
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1232 W Oceanfront, Newport Beach, CA 92661 - Image 11
1232 W Oceanfront, Newport Beach, CA 92661 - Image 12
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1232 W Oceanfront, Newport Beach, CA 92661 - Image 16
1232 W Oceanfront, Newport Beach, CA 92661 - Image 17
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Single Family Home for sale in Newport Beach, CA

for $7,495,000 with 2 bedrooms and 2 full baths. This 1,819 square foot home was built in 1940 on a lot size of 0.0857.

Incredible oceanfront lot with city-ready plans. Oversized, 36’ wide and 103’ parcel in a convenient Peninsula location with iconic Newport Beach attractions just minutes away. The wide, sandy beach in front of the property offers endless enjoyment while the boardwalk ensures easy walking or biking access to the world-famous Wedge, restaurants, and the Pier. The current midcentury modern structure offers a remodel opportunity, while the lot itself presents a blank canvas for those looking to start anew. The existing plans suggest an approximately 4,300 square foot, four-bedroom residence with sit-down ocean and pristine beach views from the home’s main areas. With only a few oversize oceanfront parcels left, this is a truly rare opportunity.

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Single Family Active

Price

$ 7,495,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

MidCenturyModern

Lot Size

0.0857

Year Built

1940

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

LG24038912

Days on Market

82

Features
General
Interior Features MainLevelPrimary
Sewer PublicSewer
Heating None
Cooling None
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerAvailable WaterAvailable
HOA 0.0
Garage Spaces 1.0
Architectural Style MidCenturyModern
Pool Features None
Year Built 1940
View Catalina Ocean Panoramic Water
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Waterfront Features BeachAccess BeachFront OceanAccess OceanFront OceanSideOfFreeway OceanSideOfHighway
Community Features Biking Curbs Sidewalks WaterSports
Accessibility None
County Orange
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions West Oceanfront Between 12th and 13th Street
City Newport Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
High School District Newport Mesa Unified
Total Units 1
MLS Area NP - Balboa Peninsula
Lot Size Square Feet 3735.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Oceanfront
Listing Terms Cash CashtoNewLoan Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://youtu.be/JC-XSSf2x0k
Days on Market 75
Structure Type House
Standard Status Active
Occupancy Type Owner
Year Built Source PublicRecords
Tax Lot 9
Property Sub Type Additional SingleFamilyResidence
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Exterior
Parking Features DirectAccess Garage GarageFacesRear
Lot Features Item01UnitAcre
Water Source Public
Total Parking 1.0
Lot Size Area 3735.0
Spa N
Lot Size Acres 0.0857
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Full Baths 2
Laundry Features Inside LaundryRoom
Total Bedrooms 2
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
Living Area Units SquareFeet
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Internal Only
Street Number 1 1232
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* Excluded Features
List By
Douglas Elliman Of California, Inc.

Broker

(949) 689-9047

Phone

Affordability Calculator

$49,814
Per Month
100%
0%
0%
Monthly Principal & Interest
$49,814
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
270317 Elementary School
272263 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$7,495,000 Listed Price

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1232 W Oceanfront, Newport Beach, CA, 92661 is a Single Family Home for sale at $7,495,000 with 1,819 sqft and a lot size of 0.0857. 1232 W Oceanfront has 2 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 92661 which is in Newport Beach, CA