1124 W Oceanfront, Newport Beach, CA 92661
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1124 W Oceanfront Newport Beach, CA 92661

$8,050,000 Sold Price as of 08/23/2019
  • 4 Beds
  • 3.5 Baths
  • 3,795 Sq.Ft.
Sold
$8,050,000 Sold Price as of 08/23/2019 Refinance Your Mortgage

Map preview of 1124 W Oceanfront, Newport Beach, CA 92661

Property Overview: 1124 W Oceanfront Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 3,795 living square feet and 3,726 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated on a serene oceanfront site in Newport Beach, this beautiful, approx. 3,795 sf custom residence features panoramic ocean views stretching from the Newport and Balboa piers to Catalina and vibrant sunset views. Appealing traditional and Cape Cod architectural influences, combined with high-quality finishes and craftsmanship, create a lovely 4 bedroom, 4.5 bath seaside home that will be enjoyed for generations. Designed for effortless coastal living, the main level encompasses a gourmet kitchen, living room, dining room, and two breakfast nooks - all with spectacular views - and all opening to the inviting beachfront patio just steps from the sand and surf. The upper level showcases a large master suite with walls of windows to take in the breathtaking views, as well as a fireplace, spa bath and oceanfront balcony. Other highlights include a rooftop deck, office with extensive custom built-ins, spacious secondary bedrooms and 3-car finished garage. An eye for detail and enduring style is evident throughout the home, with bespoke finishes and amenities including coffered ceilings, custom millwork, professional-grade appliances, granite countertops, central vacuum and dumbwaiter. Ideally located on the Newport Peninsula close to Lido Marina Village and the Newport Harbor Yacht Club.

Listed by John Cain | BRE #01467294 | Pacific Sotheby's Int'l Realty
Last checked: 2 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
3,726
HOA Dues
$0/mo
Year built
1993
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC19164306
City
Newport Beach
County
Orange
Time on Site
1397 days

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Property Details for 1124 W Oceanfront

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Zoned
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Gas, Raised Hearth
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Flooring: Carpet, Stone
  • Den, Family Room, Game Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Office
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Double Oven, Electric Oven, Electric Cooktop, Freezer, Disposal, Instant Hot Water, Microwave, Trash Compactor, Warming Drawer
  • Granite Counters, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (3/4): 1
Interior Features
  • Coffered Ceiling(s), High Ceilings, Recessed Lighting
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Off Street
  • Has Attached Garage
Lot Information
  • Lot Features: Level with Street, Park Nearby
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Catalina, City Lights, Harbor, Ocean, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04725119
  • Year Built Source: Public Records
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Offered With Property: Outdoor Brown-Jordan furniture; TVs in living room, office, nook, den sound system and TV; all washers and dryers; Roof furniture; some outdoor potted trees, master Duxiana bed, 2-twin beds, 2-queen beds, all formation chandeliers, RH Chandelier.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Drive south on the peninsula along W. Balboa Blvd. The home is between 11th and 12th on W. Oceanfront.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks, Street Lights
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Sale History for 1124 W Oceanfront

Last sold for $8,050,000 on August 23rd, 2019
  • August, 2019

  • Aug 24, 2019

    Date

    Sold

    CRMLS: OC19164306

    $8,050,000

    Price

  • Aug 14, 2019

    Date

    Pending

    CRMLS: OC19164306

    $8,795,000

    Price

  • Aug 7, 2019

    Date

    Active Under Contract

    CRMLS: OC19164306

    $8,795,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: OC19164306

    $8,795,000

    Price

  • August, 2019

  • Aug 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $8,050,000

    Price

  • May, 2012

  • May 23, 2012

    Date

    Sold (Public Records)

    Public Records

    $6,500,000

    Price

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Tax History for 1124 W Oceanfront

Assessed Value (2020): $8,050,000
Year Land Value Improved Value Assessed Value
2020 $7,448,086 $601,914 $8,050,000

Home Value Compared to the Market

This property vs the competition

1124 W Oceanfront sold on August 23, 2019 for 137.7% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $2317.52 per/sqft which puts the price per square foot 70.41% higher than the current median sale per square foot for the city of Newport Beach.

About 1124 W Oceanfront

Detailed summary of property

1124 W Oceanfront is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 3.5 bathrooms, roughly 3,795 living square feet, and sits on an approximately 3,726 square foot lot. 1124 W Oceanfront was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $8,050,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 137.7% higher than the current median priced home. Local homes that are currently for sale include 200 E Balboa Blvd, 441 seville and 2132 Seville Ave. While the average home in Newport Beach, CA is selling in 73 days, 1124 W Oceanfront has a days on market of 25 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 1124 W Oceanfront Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1124 W Oceanfront

Public county record property details
Beds
4
Baths
4
Year built
1993
Sq. Ft.
3,649
Lot Size
3,726
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
7
APN
047-251-19

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,695,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
50
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 1124 W Oceanfront

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.