1232 W Oceanfront, Newport Beach, CA 92661
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1232 W Oceanfront Newport Beach, CA 92661

$7,495,000
  • 2 Beds
  • 2 Baths
  • 1,819 Sq.Ft.
For Sale
$7,495,000 Get Pre-Qualified

Map preview of 1232 W Oceanfront, Newport Beach, CA 92661

Property Overview: 1232 W Oceanfront Newport Beach, CA has 2 bedrooms, 2 bathrooms, 1,819 living square feet and 3,735 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by John Stanaland | BRE #01223768 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Co-listed by Jeff Cefalia | BRE #02081879 | Cefalia Real Estate
Last checked: 7 minutes ago | Last updated: April 14th, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
3,735
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Single Family Home
Status
Active
MLS#
LG24038912
City
Newport Beach
County
Orange
Time on Site
45 days

Open Houses for 1232 W Oceanfront

No upcoming open houses

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Property Details for 1232 W Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Family Room, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bedroom, Separate Family Room
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04724121
  • Year Built Source: Public Records
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: West Oceanfront Between 12th and 13th Street
Neighborhood Information
  • Community Features: Biking, Curbs, Watersports, Sidewalks
View more facts & features

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Sale History for 1232 W Oceanfront

View property's historical transactions
  • March, 2024

  • Mar 5, 2024

    Date

    Active

    CRMLS: LG24038912

    $7,495,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: NP23006658

    $7,250,000

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: NP23006658

    $7,450,000

    Price

  • Listing provided courtesy of CRMLS

    Oceanfront Building Opportunity With Plans Ready For City! Fabulous Mid-Peninsula, extra large (36'Wx103'D) parcel on the sand. One of only a handful of waterfront lots of this size, conveniently located between the piers and just a short walk or bike ride to all the fun that the Peninsula has to offer. Presently a vintage Mid-Century home with an extra-deep oceanfront patio. Bring your imagination and your favorite architect/builder, or get inspired by the elevations and architectural plans included. This generous property allows for a home with some of the largest interior living space on the Peninsula oceanfront, and an oversized three car garage. Proposed plans are for a four bedroom, five bath home, to include an office, separate media room, and three car garage with workshop or wine cellar. Enjoy sit down views from this super-prime location with no berms or vegetation in front. Get lost in nothing but rolling whitewater and endless sunsets behind Catalina. A moment to be seized leading to countless seaside memories and family fun.

  • November, 2023

  • Nov 1, 2023

    Date

    Expired

    CRMLS: NP23115598

    $7,250,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: NP23115598

    $7,450,000

    Price

  • Listing provided courtesy of CRMLS

    Oceanfront Building Opportunity With Plans Ready For City! Fabulous Mid-Peninsula, extra large (36'Wx103'D) parcel on the sand. One of only a handful of oversized waterfront lots, conveniently located between the piers and just a short walk or bike ride to all the fun that the Peninsula has to offer. Presently a vintage Mid-Century home with an extra-deep oceanfront patio. Bring your imagination and your favorite architect/builder, or get inspired by the elevations and architectural plans included. This property allows for a home with interior living space of approximately 4,300 SFT. and a 740 SFT garage. Proposed plans are for a four bedroom, five bath home, to include an office, separate media room, and three car garage with workshop or wine cellar. Enjoy sit down views from this super-prime location with no berms or vegetation in front. Get lost in nothing but rolling whitewater and endless sunsets behind Catalina. A moment to be seized leading to countless seaside memories and summer fun.

  • March, 2022

  • Mar 10, 2022

    Date

    Hold

    CRMLS: OC22019735

    $7,995,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY. This is an oversized lot with dimensions 36.5x103'. You can see conceptual renderings and the floor plans in the above images. The beach in front of this house is clear of dunes and plants, making for wide open ocean views on all floors. The existing home would be livable with cosmetic remodel, but the process for development is being continued by the owner.

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Tax History for 1232 W Oceanfront

Assessed Value (2020): $179,082
Year Land Value Improved Value Assessed Value
2020 $121,116 $57,966 $179,082

Home Value Compared to the Market

This property vs the competition

1232 W Oceanfront is listed 70.53% higher than the median list price for the city of Newport Beach which has a median list price of $4,395,000. The median price per/sqft for Newport Beach is $1,501 and this home is listed at $4120.4 per/sqft which puts the price per square foot 174.51% higher than the median price per square foot for the city of Newport Beach.

About 1232 W Oceanfront

Detailed summary of property

1232 W Oceanfront is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 2 bedrooms, 2 bathrooms, roughly 1,819 living square feet, and sits on an approximately 3,735 square foot lot. 1232 W Oceanfront was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner is currently asking $7,495,000. The median priced home in Newport Beach is $4,395,000 with a median price per square foot of $1,501. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 70.53% higher than the median priced home. Local competing homes currently for sale include 417 E Balboa Blvd, 421 E Edgewater and 1714 Miramar Dr. While the average home in Newport Beach, CA is selling in 76 days, 1232 W Oceanfront has a days on market of 36 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 1232 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 1232 W Oceanfront

Public county record property details
Beds
2
Baths
2
Year built
1940
Sq. Ft.
1,819
Lot Size
3,735
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
047-241-21

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
$6,595,000
Median List Price/Sq.Ft.
$2,243
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
46
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1232 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.