• 1232 W Oceanfront Newport Beach, CA 92661

  • $7,495,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,819
    Sq Ft
  • 3735
    Sqft
  • Listed By: John Stanaland, DOUGLAS ELLIMAN OF CALIFORNIA, INC., DRE #01223768
  • Source: CRMLS

Incredible oceanfront lot with city-ready plans. Oversized, 36’ wide and 103’ parcel in a convenient Peninsula location with iconic Newport Beach attractions just minutes away. The wide, sandy beach in front of the property offers endless enjoyment while the boardwalk ensures easy walking or biking access to the world-famous Wedge, restaurants, and the Pier. The current midcentury modern structure offers a remodel opportunity, while the lot itself presents a blank canvas for those looking to start anew. The existing plans suggest an approximately 4,300 square foot, four-bedroom residence with sit-down ocean and pristine beach views from the home’s main areas. With only a few oversize oceanfront parcels left, this is a truly rare opportunity.

Property Type :

Residential

Subdivision :

Fallbrook

County :

Orange

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: Main Level Primary

Fireplace: Living Room

Cooling Features

None

Air Conditioning

Heating Source

None

Has Heating

Fireplace

Fireplace Features: Living Room

Has Fireplace: 1

Building Information

Year Built: 1940

Accessibility Features

None

Pool Features

None

Laundry Features

Inside,Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0857

Lot Size Source: Assessor

Lot Size Square Feet: 3735

Listing Price Information

Original List Price: 7,495,000

Listing Contract Date: 2024-03-05

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 04724121

Garage and Parking

Garage Description: Direct Access,Garage,Garage Faces Rear

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: NP - Balboa Peninsula

Postal Code Plus 4: 1027

Directions: West Oceanfront Between 12th and 13th Street

Source Property Type: Residential

Area: NP - Balboa Peninsula

Property SubType: Single Family Residence

Building and Construction

Property Age: 84

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Public Records

Total Square Feet Living: 1819

Entry Level: 1

Entry Location: 1

Levels or Stories: Two

Building Total Stories: 2

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1119 E Balboa Boulevard.., Newport Beach, CA,92661 $22,500 4 1 1,800 --
1740 E Ocean Boulevard, Newport Beach, CA,92661 $7,800,000 5 5 3,024 2625 Sqft
1577 Miramar Drive, Newport Beach, CA,92661 $4,850,000 4 4 2,558 2450 Sqft
423 E Edgewater Avenue, Newport Beach, CA,92661 $6,945,000 3 3 2,289 3124 Sqft
311 Montero Street, Newport Beach, CA,92661 $2,749,000 3 2 1,339 2100 Sqft
1220 W Bay Avenue, Newport Beach, CA,92661 $68,000,000 6 7 12,749 7132 Sqft
1003 E Balboa Boulevard, Newport Beach, CA,92661 $7,999,000 8 3 3,570 3920 Sqft
200 E Balboa Boulevard, Newport Beach, CA,92661 $6,495,000 4 4 3,029 2400 Sqft
326 L Street, Newport Beach, CA,92661 $3,997,000 3 2 1,420 1400 Sqft
441 Seville, Newport Beach, CA,92661 $7,000,000 5 6 3,863 2800 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/06/2024 @ 21:14

MLS: LG24038912
LISTED BY: John Stanaland, DOUGLAS ELLIMAN OF CALIFORNIA, INC.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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