1818 W Oceanfront #2, Newport Beach, CA 92663
Image 2 for 1818 W Oceanfront #2, Newport Beach, CA 92663
Image 3 for 1818 W Oceanfront #2, Newport Beach, CA 92663
View Photos

1818 W Oceanfront #2 Newport Beach, CA 92663

$5,175,000 Sold Price as of 11/17/2023
  • 6 Beds
  • 1.5 Baths
  • 3,405 Sq.Ft.
Sold
$5,175,000 Sold Price as of 11/17/2023 Refinance Your Mortgage

Map preview of 1818 W Oceanfront #2, Newport Beach, CA 92663

Property Overview: 1818 W Oceanfront #2 Newport Beach, CA has 6 bedrooms, 1.5 bathrooms, 3,405 living square feet and 3,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing 1818 West Oceanfront, where beachfront luxury meets savvy investment. Nestled in the heart of Newport Beach Peninsula, this is more than just a home – it's your chance to own the first two floors of an iconic three-story building. Welcome to a world of possibilities and embrace the beachfront lifestyle on one of the world's finest beaches. Step into a realm of coastal elegance with this remarkable 6 bedroom, 4.5 bathroom property spanning an expansive 3,405 square feet. Perched directly on the sand, every corner of this home offers awe-inspiring views of the coastline, Catalina Island, and the Balboa and Npt Piers. It's a view that dreams are made of, and it's yours to savor every day. Invest with confidence, as this is not only a home but also an income-generating asset. With a coveted short-term rental permit, w/$20k a month in rents avg. and a proven history of successful rental income spanning over 11 years, you're not just purchasing a house; you're securing a savvy investment that pays for itself. Ideal for family gatherings or unforgettable beach getaways, this beachfront haven boasts a thoughtfully designed layout spread across two levels. Upstairs, the upper level beckons with 3 bedrooms, 2.5 bathrooms and expansive living and kitchen spaces where you can gaze out through picture windows that frame sweeping ocean vistas, an endless expanse that stretches as far as the eye can see. Each area seamlessly blends dining, entertaining, and relaxation, ensuring you have all the space you need to create enduring memories. Picture yourself hosting gatherings with the sound of waves providing the perfect backdrop to your beachside celebrations. The lower level is a haven of its own, boasting 3 more bedrooms and 2 bathrooms along with a generous living and game room with an entertainer' bar, providing the utmost in comfort and privacy. Slide open the doors and step onto an enclosed patio where you can relish the vibrant boardwalk scene and the sun-kissed coastal lifestyle. Practicality meets luxury with a tandem 2-car garage and a carport, ensuring ample space for vehicles and storage. This is more than a residence; it's your personal beachside sanctuary. Dive into the tranquil waters of Npt. beach explore the nearby Marina Park and Lido Marina Village, and indulge in the vibrant dining, shopping, and entertainment scene around Balboa and Npt Piers. Your dream home and investment await at 1818 West Oceanfront. Don't merely envision it – live it.

Listed by Dean O'Dell | BRE #01060767 | Seven Gables Real Estate
Last checked: 6 minutes ago | Last updated: November 18th, 2023 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
3,300
HOA Dues
$0/mo
Year built
1986
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
PW23170751
City
Newport Beach
County
Orange
Time on Site
223 days

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 1818 W Oceanfront #2

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room
  • Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Refrigerator
  • Granite Counters, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (3/4): 3
Interior Features
  • Balcony, Bar, Living Room Balcony, Living Room Deck Attached, Recessed Lighting
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Tandem Garage
  • Has Attached Garage
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Public Records
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, Water
  • Common Walls: 1 Common Wall
  • Total # of Units: 1
  • Parcel Number: 93291096
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Has Additional Parcels
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: Horace Ensign
  • Middle/Junior High School: HORENS
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: 18th street from Balboa Blvd, turn towards the Ocean
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Newport Beach Agent

Loading...

Sale History for 1818 W Oceanfront #2

Last sold for $5,175,000 on November 17th, 2023
  • November, 2023

  • Nov 17, 2023

    Date

    Sold

    CRMLS: PW23170751

    $5,175,000

    Price

  • Sep 15, 2023

    Date

    Active

    CRMLS: PW23170751

    $5,495,000

    Price

  • August, 2023

  • Aug 30, 2023

    Date

    Canceled

    CRMLS: NP23034593

    $6,875,000

    Price

  • Mar 1, 2023

    Date

    Active

    CRMLS: NP23034593

    $6,875,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 1818 West Oceanfront, the Newport Beach Peninsula’s ultimate beach house and an incredible investment. This is an opportunity to own the first two floors of this three story building. This six bedroom, four and a half bathroom, 3,600 sqft. residence is right on the sand with jaw dropping views of the coastline, Catalina Island, and both the Balboa and Newport Piers. This wonderfully functional beachfront home comes with a short term rental permit and proven rental income for the past eleven years. Spanning two floors, this unique rental is quite spacious with three ensuite guest bedrooms and the perfect floor plan for family gatherings or a week on the beach. Picture windows capture the breathtaking beach and ocean views as far as the eye can see. The upper level encompasses three bedrooms, a large living, kitchen, and family rooms, which all include areas for dining, entertaining, and lounging. The lower level has three bedrooms and two bathrooms, with a large living room/game room which opens to an enclosed patio to enjoy the active boardwalk lifestyle passing by. A tandem two car garage & two car carport with abundant storage completes this incredible beach compound. Seize the day – and this toes-in-the-sand opportunity – to purchase your dream home or investment opportunity at one of the finest beaches in the world! Just walking distance to Marina Park, the Newport Harbor, Lido Marina Village, Balboa and Newport Piers, great dining, shopping and more!

  • August, 2023

  • Aug 30, 2023

    Date

    Canceled

    CRMLS: NP23033947

    $6,875,000

    Price

  • Mar 1, 2023

    Date

    Active

    CRMLS: NP23033947

    $6,875,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 1818 West Oceanfront, the Newport Beach Peninsula’s ultimate beach house and an incredible investment. This is an opportunity to own the first two floors of this three story building. This six bedroom, four and a half bathroom, 3,600 sqft. residence is right on the sand with jaw dropping views of the coastline, Catalina Island, and both the Balboa and Newport Piers. This wonderfully functional beachfront home comes with a short term rental permit and proven rental income for the past eleven years. Spanning two floors, this unique rental is quite spacious with three ensuite guest bedrooms and the perfect floor plan for family gatherings or a week on the beach. Picture windows capture the breathtaking beach and ocean views as far as the eye can see. The upper level encompasses three bedrooms, a large living, kitchen, and family rooms, which all include areas for dining, entertaining, and lounging. The lower level has three bedrooms and two bathrooms, with a large living room/game room which opens to an enclosed patio to enjoy the active boardwalk lifestyle passing by. A tandem two car garage & two car carport with abundant storage completes this incredible beach compound. Seize the day – and this toes-in-the-sand opportunity – to purchase your dream home or investment opportunity at one of the finest beaches in the world! Just walking distance to Marina Park, the Newport Harbor, Lido Marina Village, Balboa and Newport Piers, great dining, shopping and more!

  • May, 2001

  • May 16, 2001

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

Show More

Tax History for 1818 W Oceanfront #2

Assessed Value (2020): $1,581,488
Year Land Value Improved Value Assessed Value
2020 $1,356,007 $225,481 $1,581,488

Home Value Compared to the Market

This property vs the competition

1818 W Oceanfront #2 sold on November 17, 2023 for 109.25% 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 $1613.8 per/sqft which puts the price per square foot 50.4% higher than the current median sale per square foot for the city of Newport Beach.

About 1818 W Oceanfront #2

Detailed summary of property

1818 W Oceanfront #2 is a condominium that recently sold in Newport Beach, CA 92663. This condo offered 6 bedrooms, 1.5 bathrooms, roughly 3,405 living square feet, and sits on an approximately 3,300 square foot lot. 1818 W Oceanfront #2 was first listed on ArdentRealEstateGroup.com on September 15, 2023. The homeowner sold the property for $5,175,000. 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 109.25% higher than the current median priced home. Local homes that are currently for sale include 111 39th St, 430 Tustin Ave and 801 Kings Rd. While the average home in Newport Beach, CA is selling in 75 days, 1818 W Oceanfront #2 has a days on market of 33 days. 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 1818 W Oceanfront #2 Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1818 W Oceanfront #2

Public county record property details
Beds
2
Baths
2
Year built
1986
Sq. Ft.
2,115
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
932-910-96

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,395,000
Median List Price/Sq.Ft.
$1,522
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
84
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 1818 W Oceanfront #2

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.