520 W Oceanfront, Newport Beach, CA 92661
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520 W Oceanfront Newport Beach, CA 92661

$6,450,000 Sold Price as of 09/18/2023
  • 4 Beds
  • 3 Baths
  • 2,303 Sq.Ft.
Sold
$6,450,000 Sold Price as of 09/18/2023 Refinance Your Mortgage

Map preview of 520 W Oceanfront, Newport Beach, CA 92661

Property Overview: 520 W Oceanfront Newport Beach, CA has 4 bedrooms, 3 bathrooms, 2,303 living square feet and 2,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Imprint your own personal style at this custom oceanfront home on the edge of the sand in Newport Beach. Offering phenomenal beach, ocean, Catalina Island and pier views from both levels, the meticulously maintained residence is bright, open and ready for upgrades. Cape Cod influences are enjoyed inside and out, included a Dutch entry door, traditional-style woodwork, large windows and vaulted open-beam ceilings. A white brick fireplace graces the living room, which opens to a spacious brick patio with built-in BBQ and panoramic views. Views are also enjoyed from the dining room, and another fireplace warms an intimate family room. The kitchen is truly the heart of this home and hosts stone countertops, a breakfast/appetizer bar, stainless steel appliances and a built-in Sub-Zero refrigerator. Four bedrooms and three baths are featured, including a main-level bedroom that is perfect for guests or use as an office or den. Approximately 2,303 square feet, the elegant design features a subterranean garage with ample storage and parking for two large SUVs. On the top floor, two secondary bedrooms share a bath, and the ocean-view primary suite presents two decks, a sitting area with bay window, a walk-in closet with built-ins, and an oversized shower with granite surrounds. Located on a corner site along the Balboa Peninsula, this beautiful home is only blocks from the Newport Harbor Yacht Club, Balboa’s Fun Zone, cafés, restaurants, shops and recreation.

Listed by Tara McNabb | BRE #01871729 | Compass
Last checked: 6 minutes ago | Last updated: September 20th, 2023 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
2,100
HOA Dues
$0/mo
Year built
1981
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC23115199
City
Newport Beach
County
Orange
Time on Site
307 days

Property Details for 520 W Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Family Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04807305
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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 District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: 6th to Oceanfront
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks
View more facts & features

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Sale History for 520 W Oceanfront

Last sold for $6,450,000 on September 18th, 2023
  • September, 2023

  • Sep 18, 2023

    Date

    Sold

    CRMLS: OC23115199

    $6,450,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: OC23115199

    $6,700,000

    Price

  • March, 2023

  • Mar 10, 2023

    Date

    Sold

    CRMLS: NP23020580

    $6,350,000

    Price

  • Feb 8, 2023

    Date

    Active

    CRMLS: NP23020580

    $6,495,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity awaits at this stunning beachfront residence. Situated on a sunny corner lot on a quiet block of Newport Beach’s Balboa Peninsula, this Traditional-style home showcases uninterrupted views of the coastline, Catalina Island, and the pier. Experience the quintessential Newport Beach lifestyle in this prime location, a short walk or quick bike ride to various local restaurants, coffee houses, the Newport Harbor Yacht Club, the pier, and so much more. Living on the corner of a beach access walkway with only one direct neighbor, one will find additional privacy and an abundance of natural light, all while avoiding any street traffic. Enter through the charming Dutch door into the living room, adorned with a brick fireplace and tall sliding glass doors that lead out to the large patio with built-in barbecue. Lofted a few steps above the living room, the dining room is perfectly positioned to enjoy the beachfront views while entertaining family and friends. The kitchen flows into a cozy sitting area with fireplace and floor-to-ceiling windows, creating a fantastic space for casual dining. A back door is situated in the far point of this sitting area, allowing for easy access in and out of the home. The main floor includes one bedroom and full bathroom, ideal for guest quarters, an office or den. Upstairs, natural light streams in from the large picture windows above the staircase. All three bedrooms and two bathrooms feature tall, vaulted ceilings. Through double doors, find an awe-inspiring primary suite featuring an expansive deck facing the ocean with 180-degree views, as well as a completely private deck facing the interior of the home. This sizable bedroom includes a walk-in closet and large bathroom boasting ocean views from the shower. The two secondary bedrooms share a bathroom with double sinks and balcony. The subterranean, two-car garage includes a laundry area and is large enough to house two SUVs plus plentiful storage. This residence features an ideal floor plan, making it easy for its next owner to put his/her personal touches on this charming home and build-in significant value.

  • December, 2000

  • Dec 13, 2000

    Date

    Sold (Public Records)

    Public Records

    $2,250,000

    Price

  • April, 1998

  • Apr 14, 1998

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

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Tax History for 520 W Oceanfront

Assessed Value (2020): $3,100,103
Year Land Value Improved Value Assessed Value
2020 $2,776,525 $323,578 $3,100,103

Home Value Compared to the Market

This property vs the competition

520 W Oceanfront sold on September 18, 2023 for 155.14% 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 $2909.25 per/sqft which puts the price per square foot 171.13% higher than the current median sale per square foot for the city of Newport Beach.

About 520 W Oceanfront

Detailed summary of property

520 W Oceanfront is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 3 bathrooms, roughly 2,303 living square feet, and sits on an approximately 2,100 square foot lot. 520 W Oceanfront was first listed on ArdentRealEstateGroup.com on June 29, 2023. The homeowner sold the property for $6,450,000. 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 155.14% higher than the current median priced home. Local homes that are currently for sale include 500 K St, 1232 W Oceanfront and 425 Belvue Ln. While the average home in Newport Beach, CA is selling in 72 days, 520 W Oceanfront has a days on market of 50 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 520 W 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 520 W Oceanfront

Public county record property details
Beds
3
Baths
3
Year built
1981
Sq. Ft.
2,303
Lot Size
2,100
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
19
APN
048-073-05

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.
$2,183
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
44
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 520 W 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.