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218 E Oceanfront, Newport Beach, CA, 92661

$15,995,000

4 Bedrooms
3 Full Baths, 1 Partial
2,650 SqFt
$6,036/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage, On Site, Oversized, Public, Storage
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingCentral, ENERGY STAR Qualified Equipment, Zoned
CoolingDual, ENERGY STAR Qualified Equipment, Zoned, Attic Fan
WaterfrontBeach, Ocean Access, Ocean Front
FireplaceFamily Room, Primary Bedroom, Outside
ViewIsland, City Lights, Ocean, Panoramic, Pier
MLS #OC24220878
Lot Size0.06 Acres
StatusActive

About 218 E Oceanfront

From the moment you first experience 218 Oceanfront in Newport Beach, you’ve discovered something special. A home unlike so many others. An exceptionally rare residence that captures "on the sand" living and incorporates them into every aspect of a life that is elevated, desired, and only yours. One of only a few homes that features a corner lot on the sand, and, rarer still, offers magnificent ocean views from both the ground and upper floors, the brand-new showplace was completely rebuilt from the studs out. Today it is a high-end sophisticated masterpiece, with a moody and inviting exterior wrapped in wood, stone, glass and a standing-seam metal roof. Professionally designed landscaping and lighting amplifies the residence’s upscale aesthetic. Of course, the interior is equally stunning, showcasing the latest and very best of today’s finishes, features and tech. Approximately 2,650 square feet, the four-bedroom, three- and one-half-bath arrangement reveals a free-flowing first level that opens via a wall of auto-open Awake glass doors to a beachfront patio with built-in BBQ. Entertain enviably in a great room with fireplace and dining area that flows directly to a kitchen primed for culinary endeavors and memorable gatherings. The kitchen’s large two-tier island is designed for food prep and serving guests, while polished Calacatta quartzite countertops feature pop-up outlets and waterfall edges. Custom cabinets reveal specialized storage for spices and utensils, and Rev-A-Shelf systems and a roll-out pantry enhance convenience. Together with its butler’s pantry, the kitchen hosts a full suite of Wolf, Cove and Sub-Zero appliances. This level’s garage features a lift for a third vehicle, while the second floor’s loft and bedrooms are access by a floating three-tier staircase. The epitome of personal luxury awaits in a primary suite with ocean-view deck, vaulted ceiling, fireplace, walk-in closet, and a sumptuous bath with oversized shower and freestanding tub. Fully automated with a top-of-the-line Savant smart-home system, this unparalleled residence impresses with limestone flooring on the first level, Richard Marshall hardwood flooring upstairs, and designer lighting, plumbing and hardware. A premium oceanfront setting on Newport’s Balboa Peninsula provides easy access to the Balboa Pier, popular shops and restaurants, Newport Harbor, award-winning schools, coveted surf breaks, Fashion Island and lux golf resorts.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom, Modern
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,650 SqFt

Listing Office:

  • Office Name: KASE Real Estate, Inc.
  • Office Phone: (949) 244-6754
  • Listing Agent: Andrew RebulioD'Angelo

Interior Features

Interior Information:

  • Appliances: Range, Convection Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring Type: Wood
  • Interior: Built-in Features, Balcony, Block Walls, Dry Bar, High Ceilings, Pantry, Stone Counters, Recessed Lighting, Storage, Smart Home, Wood Product Walls, All Bedrooms Up, Instant Hot Water, Loft, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access, Ocean Front
  • View: Island, City Lights, Ocean, Panoramic, Pier
  • Exterior: Barbecue, Lighting, Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage, On Site, Oversized, Public, Storage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment, Zoned
  • Cooling: Dual, ENERGY STAR Qualified Equipment, Zoned, Attic Fan

Other

Directions Information:

  • Directions: Newport Blvd South to Coronado go right

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,995,000
  • Price Per SqFt: $6,036/SqFt

Tax Information:

  • Annual Amount: $26,498
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

218 E Oceanfront vs Newport Beach

36 DAYS ON ROCKET

-7 Days

$15,995,000

+$12.4M More

$6,036/SqFt

+$4.6K More

KEY TAKEAWAY

This property is $12.4M more than the Median Sold Price and $4.6K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24220878

Listing Office:

  • Office Name: KASE Real Estate, Inc.
  • Office Phone: (949) 244-6754
  • Listing Agent: Andrew RebulioD'Angelo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2002Home Sold
$365,000
Dec 05, 1997Home Sold
$789,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,498$2,483,898
2020$26,243$2,458,429
2019$25,186$2,410,225
2018$25,187$2,362,966
2017$24,741$2,316,634

History based on county public records data.

Payment Calculator

$79.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$48K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4300636
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.87 miles

  • Public District Grades KG-6

school-card-donut-4300637
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.95 miles

  • Public District Grades KG-6

school-card-donut-4300638
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 1.97 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 218 E Oceanfront

What is the listing price of this property?

The listing price of 218 E Oceanfront property is $15,995,000.

What type of property is this?

The property 218 E Oceanfront is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 218 E Oceanfront is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $26,498 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2002 for $365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 218 E Oceanfront has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 218 E Oceanfront is 2,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 E Oceanfront is 2024.
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Rocket HomesCaliforniaOrange CountyNewport Beach92661218 E Oceanfront

This home is located at 218 E Oceanfront in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 2,650 square foot home, which was built in 2024, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $15,995,000.

While more than 9 listings in Newport Beach, CA in November 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 48 were sold below. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. In November 2024 median list price was $3,500,000 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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