308 E Oceanfront, Newport Beach, CA 92661
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308 E Oceanfront Newport Beach, CA 92661

$6,775,000
  • 5 Beds
  • 0 Baths
  • 2,312 Sq.Ft.
For Sale
$6,775,000 Get Pre-Qualified

Map preview of 308 E Oceanfront, Newport Beach, CA 92661

Property Overview: 308 E Oceanfront Newport Beach, CA has 5 bedrooms, -- bathrooms, 2,312 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 308 East Oceanfront; situated in one of the most desirable areas of Southern California, the Balboa Peninsula. This remarkable home is zoned R2 but currently lives as a spacious single-family residence. An elegant coastal feel exudes on both floors of this beautiful beach retreat ideal for day to day living or a second home. The floor plan features 5 bedrooms, 3 bathrooms, a private oceanfront terrace and a main level enclosed yard that steps onto the boardwalk to the sand. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 308 East Oceanfront is truly a historic offering in a landmark location.

Listed by Kimberly Bibb | BRE #01210754 | Villa Real Estate
Co-listed by Jeff Williams | BRE #01198735 | Villa Real Estate
Last checked: 11 minutes ago | Last updated: June 24th, 2022 | Source CRMLS | DOM: 99
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
1984
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP22049041
City
Newport Beach
County
Orange
Time on Site
101 days

Open Houses for 308 E Oceanfront

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Sunday, Jun 26th: 1:00pm-4:00pm
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Property Details for 308 E Oceanfront

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: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Wood
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, See Remarks
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 3
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Enclosed, See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • No Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 04808207
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd. to East Oceanfront.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Newport Beach Agent

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Sale History for 308 E Oceanfront

View property's historical transactions
  • April, 2022

  • Apr 22, 2022

    Date

    Price Change

    CRMLS: NP22049041

    $6,775,000

    Price

Tax History for 308 E Oceanfront

Assessed Value (2020): $841,435
Year Land Value Improved Value Assessed Value
2020 $614,416 $227,019 $841,435

Home Value Compared to the Market

This property vs the competition

308 E Oceanfront is listed 88.46% higher than the median list price for the city of Newport Beach which has a median list price of $3,595,000. The median price per/sqft for Newport Beach is $1,223 and this home is listed at $2930.36 per/sqft which puts the price per square foot 139.6% higher than the median price per square foot for the city of Newport Beach.

About 308 E Oceanfront

Detailed summary of property

308 E Oceanfront is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 5 bedrooms, -- bathrooms, roughly 2,312 living square feet, and sits on an approximately 2,400 square foot lot. 308 E Oceanfront was first listed on ArdentRealEstateGroup.com on March 15, 2022. The homeowner is currently asking $6,775,000 and was originally asking $12,900,000. The median priced home in Newport Beach is $3,595,000 with a median price per square foot of $1,223. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 88.46% higher than the median priced home. Local competing homes currently for sale include 133 Via Havre, 201 Via Cordova and 259 Ocean View Ave. While the average home in Newport Beach, CA is selling in 51 days, 308 E Oceanfront has a days on market of 99 days. There are currently 232 homes for sale in the Newport Beach real estate market and 177 of them are single family homes while 46 of them are condos and 9 are townhomes. For more information on this home for sale at 308 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 308 E Oceanfront

Public county record property details
Beds
5
Baths
2
Year built
1984
Sq. Ft.
2,312
Lot Size
2,400
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
5
APN
048-082-07

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
$5,325,000
Median List Price/Sq.Ft.
$2,761
Median Sold Price
$4,495,000
Median Sold Price/Sq.Ft.
$1,754
Total Inventory
21
Median Sale to List Price %
100%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (66.67%), Other (0%)

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Related Resources to 308 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.