1580 E Oceanfront, Newport Beach, CA 92661
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1580 E Oceanfront Newport Beach, CA 92661

$8,150,000 Sold Price as of 02/02/2021
  • 3 Beds
  • 2.5 Baths
  • 2,976 Sq.Ft.
Sold
$8,150,000 Sold Price as of 02/02/2021 Refinance Your Mortgage

Map preview of 1580 E Oceanfront, Newport Beach, CA 92661

Property Overview: 1580 E Oceanfront Newport Beach, CA has 3 bedrooms, 2.5 bathrooms, 2,976 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: East Coast elegance with a West Coast attitude. A pristine seaside residence that emanates luxury and charm with abundant panoramic views of the ocean and coastline. Reminiscent of the summer escapes that dot the Hampton's shoreline, this carefully curated Peninsula Point home has been thoughtfully reconstructed to showcase the best architectural elements of true Cape-Cod style. With great thought being given to the preservation of the home's classic design, a handsome bluestone courtyard entry with private spa sets the tone of this timeless residence. Comfortably elegant living and dining rooms adjoin a richly appointed, professional grade kitchen with an adjacent morning room/den overlooking the courtyard entry. On the upper level the oceanfront master suite and a separate sitting room/office with fireplace revel in whitewater views and magical Catalina sunsets. Two additional guest areas complete the upper level. Sited with an elevated corner lot orientation, the home's perfectly executed oceanfront terrace was fashioned to create the ideal envelope of privacy and unobstructed water views and is the perfect venue for intimate seaside gatherings. Live the beach lifestyle without compromise. A distinguished, turn-key waterfront offering that is nothing short of world-class.

Listed by Tara Foster Shapiro | BRE #01892201 | Pacific Sotheby's Int'l Realty
Last checked: 2 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 144

Home details

Lot Sq. Ft
3,200
HOA Dues
$0/mo
Year built
1956
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20162457
City
Newport Beach
County
Orange
Time on Site
1289 days

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Property Details for 1580 E Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Master Retreat
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Family Kitchen, Dining Room
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Center Hall, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Retreat, See Remarks
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Warming Drawer, Water Purifier, Self Cleaning Oven
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Built-in Features, Chair Railings, Stone Counters, Storage, Wainscoting
  • Levels: Two
Exterior Features
Exterior Information
  • Awning(s), Lighting, Rain Gutters
  • Has Spa
  • Spa Features: Private, In Ground
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, See Remarks, Stone, Terrace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, See Remarks, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04820219
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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 I Street - Turn right to the Oceanfront
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

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Sale History for 1580 E Oceanfront

Last sold for $8,150,000 on February 2nd, 2021
  • February, 2021

  • Feb 2, 2021

    Date

    Sold

    CRMLS: NP20162457

    $8,150,000

    Price

  • Jan 29, 2021

    Date

    Pending

    CRMLS: NP20162457

    $8,875,000

    Price

  • Jan 12, 2021

    Date

    Active Under Contract

    CRMLS: NP20162457

    $8,875,000

    Price

  • Nov 6, 2020

    Date

    Active

    CRMLS: NP20162457

    $8,875,000

    Price

  • Nov 6, 2020

    Date

    Price Change

    CRMLS: NP20162457

    $8,875,000

    Price

  • Nov 4, 2020

    Date

    Hold

    CRMLS: NP20162457

    $9,350,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: NP20162457

    $9,350,000

    Price

  • Sep 4, 2020

    Date

    Hold

    CRMLS: NP20162457

    $9,350,000

    Price

  • Aug 11, 2020

    Date

    Active

    CRMLS: NP20162457

    $9,350,000

    Price

  • November, 2001

  • Nov 30, 2001

    Date

    Sold (Public Records)

    Public Records

    $3,300,000

    Price

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Tax History for 1580 E Oceanfront

Assessed Value (2020): $4,638,687
Year Land Value Improved Value Assessed Value
2020 $4,236,006 $402,681 $4,638,687

Home Value Compared to the Market

This property vs the competition

1580 E Oceanfront sold on February 2, 2021 for 139.86% 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 $2982.19 per/sqft which puts the price per square foot 119.28% higher than the current median sale per square foot for the city of Newport Beach.

About 1580 E Oceanfront

Detailed summary of property

1580 E Oceanfront is a single family home that recently sold in Newport Beach, CA 92661. This house offered 3 bedrooms, 2.5 bathrooms, roughly 2,976 living square feet, and sits on an approximately 3,200 square foot lot. 1580 E Oceanfront was first listed on ArdentRealEstateGroup.com on November 6, 2020. The homeowner sold the property for $8,150,000. 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 139.86% higher than the current median priced home. Local homes that are currently for sale include 1003 E Balboa Blvd, 417 E Balboa Blvd and 211 E Edgewater Ave. While the average home in Newport Beach, CA is selling in 73 days, 1580 E Oceanfront has a days on market of 144 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 1580 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 1580 E Oceanfront

Public county record property details
Beds
3
Baths
2
Year built
2002
Sq. Ft.
2,781
Lot Size
3,200
Stories
2
Type
Single Family Residential
Pool
No
Spa
Yes
County
Orange
Lot#
21
APN
048-202-19

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 1580 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.