314 E Oceanfront, Newport Beach, CA 92661
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314 E Oceanfront Newport Beach, CA 92661

$6,600,000 Sold Price as of 03/11/2024
  • 3 Beds
  • 3.5 Baths
  • 2,583 Sq.Ft.
Sold
$6,600,000 Sold Price as of 03/11/2024 Refinance Your Mortgage

Map preview of 314 E Oceanfront, Newport Beach, CA 92661

Property Overview: 314 E Oceanfront Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 2,583 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The charm of Cape Cod meets the allure of Newport Beach at this elegant oceanfront residence on the Balboa Peninsula. Step onto the sand from your spacious front patio, and enjoy panoramic ocean, beach and sunset views from the primary suite’s balcony. A shingled-cottage exterior creates a welcoming ambiance at the seaside home, which showcases a seamless open-concept main level that opens to the front patio and features a living room with fireplace and built-in cabinetry, a spacious dining room, and a custom kitchen with black stone countertops, a hand-carved island with butcher-block top, white bead-board cabinetry with illuminated glass uppers, a pantry with a custom French door, and a suite of top-of-the-line appliances from Sub-Zero, Wolf and Dacor. Wood flooring graces the entire residence and complements impeccably crafted millwork, including crown molding, wainscoting and custom vanities. Upscale nautical elements complement the beachfront setting, and an elegant staircase, skylights, custom tilework, and premium paint and wall treatments embellish throughout. Three ensuite bedrooms and three- and one-half baths are revealed in a two-level floorplan of approximately 2,583 square feet. All bedrooms are crowned with vaulted ceilings, and the ocean-view primary suite presents a sitting area with fireplace, two walk-in closets with furniture-caliber built-ins, and an opulent bath with separate vanities, a separate shower and a jetted tub. The home’s location is without compare. Not only does it open directly to the beach, it is just a few blocks from the Balboa Fun Zone, the Balboa Island ferry terminal, Peninsula Park and the Balboa Pier. Nationally acclaimed schools serve the community, and Fashion Island, Newport Coast, Crystal Cove, Corona del Mar and Laguna Beach are enviably convenient.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 403

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
2001
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23004858
City
Newport Beach
County
Orange
Time on Site
462 days

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Property Details for 314 E Oceanfront

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Wood
  • Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Warming Drawer
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Built-in Features, Crown Molding, Recessed Lighting
  • Levels: Two
  • Window Features: Blinds
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Lighting
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04808216
  • Year Built Source: Seller
  • 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
  • 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: Balboa Peninsula (Residential) (BALP)
  • Directions: From Coronado St, Turn left at the 1st cross street onto E Oceanfront, home will be on the right
Neighborhood Information
  • Community Features: Biking
View more facts & features

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Sale History for 314 E Oceanfront

Last sold for $6,600,000 on March 11th, 2024
  • March, 2024

  • Mar 11, 2024

    Date

    Sold

    CRMLS: NP23004858

    $6,600,000

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: NP23004858

    $7,895,000

    Price

  • January, 2006

  • Jan 31, 2006

    Date

    Sold (Public Records)

    Public Records

    $3,767,500

    Price

  • February, 2003

  • Feb 6, 2003

    Date

    Sold (Public Records)

    Public Records

    $2,375,000

    Price

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Tax History for 314 E Oceanfront

Assessed Value (2020): $5,623,062
Year Land Value Improved Value Assessed Value
2020 $5,013,634 $609,428 $5,623,062

Home Value Compared to the Market

This property vs the competition

314 E Oceanfront sold on March 11, 2024 for 166.37% 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 $2708.09 per/sqft which puts the price per square foot 152.39% higher than the current median sale per square foot for the city of Newport Beach.

About 314 E Oceanfront

Detailed summary of property

314 E Oceanfront is a single family home that recently sold in Newport Beach, CA 92661. This house offered 3 bedrooms, 3.5 bathrooms, roughly 2,583 living square feet, and sits on an approximately 2,400 square foot lot. 314 E Oceanfront was first listed on ArdentRealEstateGroup.com on January 20, 2023. The homeowner sold the property for $6,600,000. 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 166.37% higher than the current median priced home. Local homes that are currently for sale include 1714 Miramar Dr, 1714 Plaza Del Norte and 223 Via Mentone. While the average home in Newport Beach, CA is selling in 75 days, 314 E Oceanfront has a days on market of 403 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 314 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 314 E Oceanfront

Public county record property details
Beds
3
Baths
3
Year built
2001
Sq. Ft.
2,583
Lot Size
2,400
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
8
APN
048-082-16

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
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
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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Related Resources to 314 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.