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1824 W Oceanfront, Newport Beach, CA 92663
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1824 W Oceanfront Newport Beach, CA 92663

$16,500,000 Sold Price as of 11/04/2020
  • 3 Beds
  • 3.5 Baths
  • 3,377 Sq.Ft.
Sold
$16,500,000 Sold Price as of 11/04/2020 Refinance Your Mortgage
Map preview of 1824 W Oceanfront, Newport Beach, CA 92663

Property Overview: 1824 W Oceanfront Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 3,377 living square feet and 11,396 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An extraordinary oceanfront estate opportunity that has resided in the same family since 1937. Highlighted by expansive ocean views, a broad verdant lawn and abundant mature foliage this warm, traditional-style beach home spans three contiguous lots and ninety-feet of water frontage. Sited on a corner parcel of over 11,300 square feet the timeless residence is positioned at the rear portion of the parcel – away from the boardwalk and benefiting from unquestionable privacy, a panorama of views, flowering gardens and an elegantly proportioned 55 foot pool. Rich with possibilities the property holds a Multi-Unit Residential (RM) zoning designation. Per the City of Newport Beach should the existing residence be demolished three individual lots as configured in the initial subdivision of this property would exist. One of the few remaining opportunities along the Southern California Coast to own a triple lot parcel with tremendous flexibility of use. Construct an unparalleled oceanfront compound. Develop multiple single family or duplex condominium residences. Re-envision the site as one larger multi-unit structure spanning three lots. Or enjoy the classic beach home that exists today. A legacy oceanfront property that is without peer.

Listed by Tara Foster Shapiro | BRE #01892201 | Pacific Sotheby's Int'l Realty
Last checked: 28 seconds ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 104

Home details

Lot Sq. Ft
11,396
HOA Dues
$0/mo
Year built
1946
Garage
5 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20092385
City
Newport Beach
County
Orange
Time on Site
1351 days

Virtual Tour

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Property Details for 1824 W Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 3
  • Eating Area: Dining Room
  • Family Room, Formal Entry, Kitchen, Living Room, See Remarks
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Private, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Direct Garage Access, Garage - Three Door, Oversized, See Remarks
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot, Front Yard, Garden, Lot 10000-19999 Sqft, Sprinkler System, Value In Land
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04717322
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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: W. Balboa Blvd to 19th Street
Neighborhood Information
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

Sale History for 1824 W Oceanfront

Last sold for $16,500,000 on November 4th, 2020

  • November, 2020

  • Nov 4, 2020

    Date

    Sold

    CRMLS: NP20092385

    $16,500,000

    Price

  • Nov 2, 2020

    Date

    Pending

    CRMLS: NP20092385

    $17,500,000

    Price

  • Aug 21, 2020

    Date

    Active

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jul 20, 2020

    Date

    Hold

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jun 20, 2020

    Date

    Hold

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jun 20, 2020

    Date

    Active

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jun 20, 2020

    Date

    Hold

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jun 11, 2020

    Date

    Active

    CRMLS: NP20092385

    $17,500,000

    Price

  • Jun 10, 2020

    Date

    Hold

    CRMLS: NP20092385

    $17,500,000

    Price

  • May 15, 2020

    Date

    Active

    CRMLS: NP20092385

    $17,500,000

    Price

  • November, 2020

  • Nov 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $165,000

    Price

Show More

Tax History for 1824 W Oceanfront

Assessed Value (2020): $499,949
Year Land Value Improved Value Assessed Value
2020 $362,122 $137,827 $499,949

Home Value Compared to the Market

This property vs the competition

1824 W Oceanfront sold on November 4, 2020 for 372.97% 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 $5182.11 per/sqft which puts the price per square foot 281.04% higher than the current median sale per square foot for the city of Newport Beach.

About 1824 W Oceanfront

Detailed summary of property

1824 W Oceanfront is a single family home that recently sold in Newport Beach, CA 92663. This house offered 3 bedrooms, 3.5 bathrooms, roughly 3,377 living square feet, and sits on an approximately 11,396 square foot lot. 1824 W Oceanfront was first listed on ArdentRealEstateGroup.com on August 21, 2020. The homeowner sold the property for $16,500,000. 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 372.97% higher than the current median priced home. Local homes that are currently for sale include 3001 Lombardy Rd, 1288 Wentworth Ave and 1200 S Arroyo Blvd. While the average home in Newport Beach, CA is selling in 74 days, 1824 W Oceanfront has a days on market of 104 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 1824 W Oceanfront 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 1824 W Oceanfront

Public county record property details
Beds
6
Baths
3
Year built
1946
Sq. Ft.
3,377
Lot Size
11,700
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Orange
Lot#
12,1
APN
047-173-22

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
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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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.

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