2168 E Oceanfront Newport Beach, CA 92661

$8,150,000 Sold Price as of 04/27/2018
  • 3 Beds
  • 3 Baths
  • 2,953 Sq.Ft.
Off Market
$8,150,000 Sold Price as of 04/27/2018 Refinance Your Mortgage

Map preview of 2168 E Oceanfront, Newport Beach, CA 92661

Property Overview: 2168 E Oceanfront Newport Beach, CA has 3 bedrooms, 3 bathrooms, 2,953 living square feet and 4,185 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2168 E Oceanfront is currently an off market home in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,395,000. The median price per/sqft for Newport Beach is $1,501. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $879,000 for the down payment and will need roughly $87,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Newport Beach the commission could be as much as $131,300. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2168 E Oceanfront

Last sold for $8,150,000 on April 27th, 2018
  • November, 2023

  • Nov 14, 2023

    Date

    Expired

    CRMLS: NP22203218

    $35,995,000

    Price

  • Oct 7, 2022

    Date

    Active

    CRMLS: NP22203218

    $35,995,000

    Price

  • Listing provided courtesy of CRMLS

    Discover an intimate living experience in harmony with the sand and sea at The Wedge House: a brand-new (2022) decadent-masterpiece flawlessly designed as an entertainer's paradise. Set on two oceanfront lots (2168 & 2172) at the end of the Balboa Peninsula, this trophy estate occupies one of the largest oceanfront homesites in coastal Orange County with a combined view frontage of appx. 140-feet. Overlooking the legendary Wedge surf break, with unbroken ocean, whitewater, beach, channel, China Cove, park, and shimmering city-light vistas, the exquisite four-bedroom, three-and-one-half-bathroom residence’s smooth contemporary style reflects the efforts of revered GRAHAM Architecture and premier custom home builder Chris Gallo of Gallo Builders. A double-height foyer and custom pivoting door present the stunning interiors of appx. 3,725 SF and introduce the lower level dedicated to an office with outdoor access, an after-beach changing room with shower, and a magnificent beachfront primary suite with two walk-in closets, high-end spa-caliber bath featuring a freestanding tub and rain shower, and two sets of glass pocket doors that open to an oceanfront patio complimented by panoramic views and an open-air fireplace. Ascend to the main level by the Elevator Boutique elevator or wide custom staircase with 1"-thick glass stair rails, and find three additional bedrooms and two-and-one-half bathrooms. Floor-to-ceiling walls of glass in the living and dining areas create an on-the-water effect enhanced by slide-away glass pocket doors that open to a fireplace-warmed ocean-view deck. Vaulted hemlock wood ceilings lend architectural drama to the space and flow seamlessly onto a water-view courtyard with an outdoor kitchenette, and a sleek, modern kitchen showcasing custom cabinetry from Germany and top-tier Gaggenau appliances. A residence of this distinction deserves only the finest, and it impresses with hydronic radiant-heated floors throughout, Italian porcelain tile and white oak wood flooring, low-maintenance Caesarstone quartz countertops, Fleetwood doors and windows, Sonos speakers, J. Geiger automatic window shades, rift white oak interior doors, and a Savant whole-house smart-home system. A rare offering of two exclusive addresses, this landmark estate also comes with city and coastal development approved plans for a one-bedroom, one-bathroom guest house with a kitchen, courtyard, two-car garage, pool, and spa.

  • April, 2018

  • Apr 28, 2018

    Date

    Sold

    CRMLS: CV18050495

    $8,150,000

    Price

  • Mar 25, 2018

    Date

    Pending

    CRMLS: CV18050495

    $8,800,000

    Price

  • Mar 14, 2018

    Date

    Price Change

    CRMLS: CV18050495

    $8,800,000

    Price

  • Mar 8, 2018

    Date

    Active

    CRMLS: CV18050495

    $9,650,000

    Price

  • Listing provided courtesy of CRMLS

    REDUCED * LOCATION, LOCATION, LOCATION! This ocean front home sits on a over-sized 4185 sf. lot with 45' of frontage at the finest location on prestigious Peninsula Point where there are no boardwalks! The home features panoramic views of the Pacific Ocean, Catalina Island, Corona Del Mar beach and caves, the majestic rock jetty at The Wedge, plus the Newport Harbor entrance with breathtaking bay views! The true value of this prime ocean front property is in the land! This is a once in a lifetime opportunity to seize what is arguably one of the finest ocean front locations in all of Newport Beach! Take advantage of this rare and amazing location to custom build your very own Dream Home! Rebuild utilizing the entire lot such as the driveway and the entire courtyard and porch to maximize your Dream Home's square footage! "Why live someone else's dream, when you can build your own?"

  • April, 2018

  • Apr 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $8,150,000

    Price

Show More

Tax History for 2168 E Oceanfront

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $8,305,568 -- --

About 2168 E Oceanfront

Detailed summary of property

2168 E Oceanfront is a single family home in Newport Beach, CA 92661 and last sold on April 27, 2018 for $8,150,000. This house has 3 bedrooms, 3 bathrooms, roughly 2,953 living square feet, and sits on an approximately 4,185 square foot lot. Homes 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 210.36% higher than the current median priced home. 2168 E Oceanfront was last sold on April 27, 2018 for $8,150,000. Local nearby listings include 1577 Miramar Dr, 501 L St and 1411 E Bay Ave. The average home in Newport Beach, CA is selling in 76 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. If you are the homeowner and looking to sell the home at 2168 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 2168 E Oceanfront

Public county record property details
Beds
3
Baths
3
Year built
1965
Sq. Ft.
2,953
Lot Size
4,185
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
18
APN
048-282-38

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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Nearby Homes to 2168 E Oceanfront

Data from public records.

3 Beds | 3 Baths | 3,264 Sq. Ft.
4 Beds | 4 Baths | 3,449 Sq. Ft.
3 Beds | 2 Baths | 1,242 Sq. Ft.
3 Beds | 2 Baths | 2,487 Sq. Ft.
4 Beds | 4 Baths | 3,360 Sq. Ft.
4 Beds | 4 Baths | 3,323 Sq. Ft.
5 Beds | 3 Baths | 2,197 Sq. Ft.
4 Beds | 3 Baths | 2,651 Sq. Ft.
3 Beds | 3 Baths | 2,703 Sq. Ft.
3 Beds | 2 Baths | 1,069 Sq. Ft.
4 Beds | 4 Baths | 3,635 Sq. Ft.
3 Beds | 2 Baths | 1,754 Sq. Ft.

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