Newport Beach, CA 92661,616 W Oceanfront
Newport Beach, CA 92661,616 W Oceanfront
Newport Beach, CA 92661,616 W Oceanfront
Newport Beach, CA 92661,616 W Oceanfront
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$5,150,000

$5,295,000

2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

3 Baths

1,800 SqFt


SOLD DATE : 05/25/2023

Key Details

Sold Price $5,150,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $2,861

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID LG23056399

Sold Date 05/25/23

Bedrooms 4

Full Baths 3

Construction Status Fixer

HOA Y/N No

Year Built 1979

Lot Size 2,099 Sqft

Property Description

Huge price reduction- by far the best value on the Oceanfront! Transform and refresh this original 4 Bedroom, 3 Bathroom, 2 story home into an ideal beach house or build your new dream home by the sea. Enjoy expansive Catalina, sunset, coastal and whitewater views from the ground level, as well as from the primary retreat with fireplace and soaring ceiling. One bedroom is on the main level and the two secondary bedrooms upstairs share a spacious balcony. Great quiet location with no through traffic in the alley.
Miles of Newport's beautiful sandy beaches are at your doorstep. Relax and enjoy the endless changing scenes with body surfers in the crashing waves, volleyball games, skaters, bikers and strollers walking to the Balboa Pier, restaurants, shops, the Balboa Island Ferry or just enjoying the idyllic surroundings. The best buy on the beach-price reduced and ready to sell- don't let this chance slip away!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Zoning R1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Tile Counters, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room, Primary Bedroom

Fireplace Yes

Appliance Built-In Range, Dishwasher, Gas Water Heater, Refrigerator

Laundry In Garage

Exterior

Parking Features Direct Access, Door-Single, Garage, Private, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Beach Front,Ocean Front,Ocean Side Of Highway

View Y/N Yes

View Catalina, City Lights, Coastline, Ocean, Water

Roof Type Composition,Rolled/Hot Mop,Tile

Accessibility None

Porch Deck, Terrace

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Fixer

Schools

Elementary Schools Newport

Middle Schools Horace Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04802406

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Victoria Lee • Compass • 949-466-3224
Bought with Ryan McMillian • Fiv Realty Co
agent
Karen Iwakoshi

Real Estate Consultant | License ID: 01971542

+1(562) 595-3264 | karen@iwakoshirealtor.com

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