1572 E Oceanfront, Newport Beach, CA 92661
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1572 E Oceanfront Newport Beach, CA 92661

$15,431,467 Sold Price as of 12/18/2023
  • 4 Beds
  • 5.5 Baths
  • 3,761 Sq.Ft.
Sold
$15,431,467 Sold Price as of 12/18/2023 Refinance Your Mortgage

Map preview of 1572 E Oceanfront, Newport Beach, CA 92661

Property Overview: 1572 E Oceanfront Newport Beach, CA has 4 bedrooms, 5.5 bathrooms, 3,761 living square feet and 3,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Architect: William Guidero Planning and Design. Builder: JB Collins Inc. Interior Designer: Prairie Interiors. New construction. Entered for comp purposes only.

Listed by Russell Fluter | BRE #00599306 | Russell E. Fluter
Last checked: 11 minutes ago | Last updated: December 19th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
3,200
HOA Dues
$0/mo
Year built
2023
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23224904
City
Newport Beach
County
Orange
Time on Site
129 days

Property Details for 1572 E Oceanfront

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Kitchen, Laundry, Primary Suite, Walk-In Closet
Kitchen Information
  • Kitchen Island, Kitchen Open to Family Room, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
Interior Features
  • Elevator
  • Levels: Three Or More
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio Open, Roof Top
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Builder
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04820221
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Balboa Blvd to Oceanfront
  • Road Frontage Type: Alley
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1572 E Oceanfront

Last sold for $15,431,467 on December 18th, 2023
  • December, 2023

  • Dec 18, 2023

    Date

    Active

    CRMLS: NP23224904

    $15,900,000

    Price

  • Dec 18, 2023

    Date

    Sold

    CRMLS: NP23224904

    $15,431,467

    Price

  • March, 2021

  • Mar 19, 2021

    Date

    Leased

    CRMLS: NP21001227

    $10,000

    Price

  • Jan 5, 2021

    Date

    Active

    CRMLS: NP21001227

    $12,000

    Price

  • Jan 4, 2021

    Date

    Coming Soon

    CRMLS: NP21001227

    $12,000

    Price

  • Listing provided courtesy of CRMLS

    Peninsula Point oceanfront retreat with breathtaking sunsets with unparalleled ocean vistas stretching from the Newport and Balboa Piers all the way to the jetty. A prime non-boardwalk location creates a serene, secluded paradise to enjoy all the amenities the Peninsula lifestyle has to offer. This home has three bedrooms, two of which with direct beach access, a private terrace on the sand, and an attached two car garage. Eight month lease. The unit comes unfurnished.

  • December, 2020

  • Dec 28, 2020

    Date

    Sold

    CRMLS: NP20214468

    $6,750,000

    Price

  • Dec 11, 2020

    Date

    Active Under Contract

    CRMLS: NP20214468

    $7,095,000

    Price

  • Dec 3, 2020

    Date

    Active

    CRMLS: NP20214468

    $7,095,000

    Price

  • Nov 9, 2020

    Date

    Active Under Contract

    CRMLS: NP20214468

    $7,095,000

    Price

  • Oct 12, 2020

    Date

    Active

    CRMLS: NP20214468

    $7,095,000

    Price

  • Listing provided courtesy of CRMLS

    Prime development opportunity. This charming oceanfront retreat boasts breathtaking sunsets with unparalleled ocean vistas stretching from the Newport and Balboa Piers all the way to the Jetty. A prime non-boardwalk location creates a serene, secluded paradise to enjoy all the amenities the Peninsula lifestyle has to offer. Stunning panoramic views and sun-drenched interiors flow throughout the upper level, compete with a kitchen, dining area, breakfast nook, and private terrace. The master Suite and secondary bedroom both offer direct beach access, with terraces right on the sand. With a generous lot size of 40 by 80 square feet, this property is a incredibly rare opportunity.

  • October, 2020

  • Oct 11, 2020

    Date

    Canceled

    CRMLS: NP20101224

    $7,095,000

    Price

  • Oct 9, 2020

    Date

    Price Change

    CRMLS: NP20101224

    $7,095,000

    Price

  • Oct 9, 2020

    Date

    Active

    CRMLS: NP20101224

    $7,350,000

    Price

  • Aug 17, 2020

    Date

    Withdrawn

    CRMLS: NP20101224

    $7,350,000

    Price

  • May 28, 2020

    Date

    Active

    CRMLS: NP20101224

    $7,350,000

    Price

  • Listing provided courtesy of CRMLS

    Prime development opportunity. This charming oceanfront retreat boasts breathtaking sunsets with unparalleled ocean vistas stretching from the Newport and Balboa Piers all the way to the Jetty. A prime non-boardwalk location creates a serene, secluded paradise to enjoy all the amenities the Peninsula lifestyle has to offer. Stunning panoramic views and sun-drenched interiors flow throughout the upper level, compete with a kitchen, dining area, breakfast nook, and private terrace. The master Suite and secondary bedroom both offer direct beach access, with terraces right on the sand. With a generous lot size of 40 by 80 square feet, this property is a incredibly rare opportunity.

  • March, 2015

  • Mar 12, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2014

  • Jul 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $5,300,000

    Price

Show More

Tax History for 1572 E Oceanfront

Assessed Value (2020): $5,824,376
Year Land Value Improved Value Assessed Value
2020 $5,709,574 $114,802 $5,824,376

Home Value Compared to the Market

This property vs the competition

1572 E Oceanfront sold on December 18, 2023 for 505.48% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $4227.6 per/sqft which puts the price per square foot 294% higher than the current median sale per square foot for the city of Newport Beach.

About 1572 E Oceanfront

Detailed summary of property

1572 E Oceanfront is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 5.5 bathrooms, roughly 3,761 living square feet, and sits on an approximately 3,200 square foot lot. 1572 E Oceanfront was first listed on ArdentRealEstateGroup.com on December 18, 2023. The homeowner sold the property for $15,431,467. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 505.48% higher than the current median priced home. Local homes that are currently for sale include 2800 Ocean Front, 31877 Circle Dr and 32091 Coast Highway. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 1572 E 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 1572 E Oceanfront

Public county record property details
Beds
2
Baths
2
Year built
1951
Sq. Ft.
2,405
Lot Size
3,200
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
19
APN
048-202-21

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
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
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 1572 E 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.