2172 E Oceanfront Newport Beach, CA 92661

$8,600,000 Sold Price as of 10/15/2018

4 Beds
4 Baths
3,449 Sq.Ft.

Off Market

$8,600,000 Sold Price as of 10/15/2018 Refinance Your Mortgage

Map preview of 2172 E Oceanfront, Newport Beach, CA 92661

Property Overview: 2172 E Oceanfront Newport Beach, CA has 4 bedrooms, 4 bathrooms, 3,449 living square feet and 4,320 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2172 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 $4,298,800. The median price per/sqft for Newport Beach is $1,506. 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 $859,760 for the down payment and will need roughly $85,976 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 $185,000. 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 2172 E Oceanfront

Last sold for $8,600,000 on October 15th, 2018

October, 2018
Oct 15, 2018

Date

Sold

CRMLS: NP18155600

$8,600,000

Price
Oct 14, 2018

Date

Pending

CRMLS: NP18155600

$9,788,885

Price
Sep 28, 2018

Date

Active Under Contract

CRMLS: NP18155600

$9,788,885

Price
Sep 15, 2018

Date

Price Change

CRMLS: NP18155600

$9,788,885

Price
Sep 14, 2018

Date

Price Change

CRMLS: NP18155600

$9,788,886

Price
Sep 13, 2018

Date

Price Change

CRMLS: NP18155600

$9,788,887

Price
Aug 29, 2018

Date

Active

CRMLS: NP18155600

$9,788,888

Price
Aug 13, 2018

Date

Pending

CRMLS: NP18155600

$9,788,888

Price
Jul 27, 2018

Date

Active Under Contract

CRMLS: NP18155600

$9,788,888

Price
Jul 12, 2018

Date

Active

CRMLS: NP18155600

$9,788,888

Price
Listing provided courtesy of CRMLS

Make your coastal living dreams come true with this spectacular oceanfront corner estate lot in Newport Beach at Peninsula Point that offers breathtaking surrounding views of the harbor, ocean, coastline and Catalina Island! You can enjoy the welcoming 3,300' retreat immediately while potentially designing your own compound that optimizes these amazing views & beach access. Wake up to breakfast by- the - sea and fall asleep to the soothing lull of the waves in this 4 bedroom retreat that includes upper level main living and entertaining area with endless water views from every vantage and a balcony for enjoying the ocean air. A secluded master bedroom completes the upstairs floor plan. The lower level offers a 2nd living area, including small kitchen and private access to the most notable beach in all of Southern California, featuring every body surfer's nirvana- the infamous Wedge. An oversized rooftop deck is the perfect spot to enjoy the picturesque vistas, watch magnificent yachts go by or gather with friends to sip cocktails during those crimson California sunsets. The secluded residential location of this exclusive section of the peninsula affords one of the least populated environs that marries California beachfront and bayside living. As it is with many prestigious properties , 2172 E Oceanfront has the potential to become a "named" compound establishing its reputation as a generational estate within the Newport Beach community.

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October, 2018
Oct 15, 2018

Date

Sold (Public Records)

Public Records

$8,600,000

Price
September, 2014
Sep 17, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2172 E Oceanfront

Assessed Value (2020): $8,772,000

Year	Land Value	Improved Value	Assessed Value
2020	$7,854,000	$918,000	$8,772,000

About 2172 E Oceanfront

Detailed summary of property

2172 E Oceanfront is a single family home in Newport Beach, CA 92661 and last sold on October 15, 2018 for $8,600,000. This house has 4 bedrooms, 4 bathrooms, roughly 3,449 living square feet, and sits on an approximately 4,320 square foot lot. Homes 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 132.43% higher than the current median priced home. 2172 E Oceanfront was last sold on October 15, 2018 for $8,600,000. Local nearby listings include 1701 E Balboa Blvd, 1577 Miramar Dr and 501 L St. The average home in Newport Beach, CA is selling in 74 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. If you are the homeowner and looking to sell the home at 2172 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 2172 E Oceanfront

Public county record property details

Beds: 4
Baths: 4
Year built: 1964
Sq. Ft.: 3,449
Lot Size: 4,320
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Orange
Lot#: 19
APN: 048-282-37

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

$4,625,000

Median Sold Price/Sq.Ft.

$1,741

Total Inventory

Median Sale to List Price %

92.59%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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