$17,500,000 - 1824 W Oceanfront, Newport Beach

  • 3Beds
  • 4Baths
  • 3,377SQ. Feet
  • 0.26Acres

An extraordinary oceanfront estate opportunity that has resided in the same family since 1937. Highlighted by expansive ocean views, a broad verdant lawn and abundant mature foliage this warm, traditional-style beach home spans three contiguous lots and ninety-feet of water frontage. Sited on a corner parcel of over 11,300 square feet the timeless residence is positioned at the rear portion of the parcel – away from the boardwalk and benefiting from unquestionable privacy, a panorama of views, flowering gardens and an elegantly proportioned 55 foot pool. Rich with possibilities the property holds a Multi-Unit Residential (RM) zoning designation. Per the City of Newport Beach should the existing residence be demolished three individual lots as configured in the initial subdivision of this property would exist. One of the few remaining opportunities along the Southern California Coast to own a triple lot parcel with tremendous flexibility of use. Construct an unparalleled oceanfront compound. Develop multiple single family or duplex condominium residences. Re-envision the site as one larger multi-unit structure spanning three lots. Or enjoy the classic beach home that exists today. A legacy oceanfront property that is without peer.

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:NP20092385
  • Price:$17,500,000
  • Bedrooms:3
  • Bathrooms:4.00
  • Full Baths:3
  • Half Baths:1
  • Square Footage:3,377
  • Acres:0.26
  • Year Built:1946
  • Type:Residential
  • Sub-Type:Single Family
  • Style:Traditional
  • Status:Active

Community Information

  • Address:1824 W Oceanfront
  • Area:Balboa Peninsula (NP)
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92663

Amenities

  • Utilities:Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected, Water Connected
  • Parking Spaces:5
  • Parking:Direct Garage Access, Garage - Three Door, Oversized, See Remarks
  • # of Garages:5
  • View:Catalina View, Coastline View, Ocean View, Panoramic View, Water View, White Water View
  • Is Waterfront:Yes
  • Waterfront:Ocean Front, Beach Front
  • Has Pool:Yes
  • Pool:Private Pool, Heated, In Ground

Interior

  • Heating:Forced Air, Natural Gas
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:See Remarks
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Corner Lot, Front Yard, Garden, Lot 10000-19999 Sqft, Sprinkler System, Value In Land

School Information

  • District:Newport Mesa Unified

Additional Information

  • Date Listed:May 15th, 2020
  • Days on Market:9
  • HOA Fees:0.00

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Balboa Peninsula Point (blpp)

  • City:
    Newport Beach
  • Price Range:
    $2,350,000 - $27,500,000
  • Current Listings:
    21
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $1,886
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Provided By: Tara Foster Shapiro(01892201), Pacific Sotheby's Int'l Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2020 at 9:35am PDT. 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.