Skip main navigation
For sale
    • Listed by: Balboa Island Estates • Lucas Kinney • Contact: 949-205-6382
    Price cut: $349K (6/25)
    $12,999,999

    1228 W Oceanfront, Newport Beach, CA 92661

    3beds
    3,669sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1998
    3,735 Square Feet Lot
    $12,352,000 Zestimate®
    $3,543/sqft
    $-- HOA

    What's special

    Set on one of the Peninsula’s deeper oceanfront lot segments, with approximately 102.5 feet of depth, this boardwalk-front residence offers roughly 3,669 square feet, sweeping Pacific views, a generous brick patio steps from the sand, and an unusually capable parking package: a three-car garage plus two additional outside spaces. The professionally decorated interior was comprehensively refreshed in 2018, including the kitchen, flooring, primary bath, and guest bedrooms. Wide ocean-facing doors connect the main living spaces to the patio for everyday coastal living and entertaining. The open kitchen features a custom marble island, Viking range, and Sub-Zero refrigerator. An ocean-view office adjoining the primary suite provides a dedicated work-from-home retreat, while the large flex room—currently arranged for billiards—can serve as a media room, den, studio, or additional gathering space. Additional features include a tankless water heater and vaulted ceilings in the three-car garage. Positioned along the boardwalk west of Newport Pier and a short walk from Newport Elementary, 1228 W Oceanfront combines deep-lot scale, flexible interiors, broad ocean views, and parking for five vehicles in a package that is difficult to replicate on the Peninsula. Property being advertised as furnished with the sale.
    122 days
    |
    1,301
    |
    69
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lucas Kinney DRE #01946207 lucasandrewkinney@gmail.com,

    Balboa Island Estates

    Source: CRMLS,MLS#: PW26061746MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Game Room, Kitchen, Primary Bathroom, Primary Bedroom, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Kitchen
      • Features: Stone Counters, Walk-In Pantry
      Heating
      • Central
      Cooling
      • Whole House Fan
      Appliances
      • Included: Gas Range, Tankless Water Heater, Dryer, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Up, Primary Suite
      • Flooring: Wood
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,669 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Door-Multi, Garage, One Space
      • Attached garage spaces: 3
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 2
      • Patio & porch: Brick
      • Exterior features: Awning(s), Rain Gutters
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front, Ocean Side Of Freeway
      Lot
      • Size: 3,735 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 04724120
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Suburban
      • Subdivision: Balboa Peninsula (Residential) (Balp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $3,543/sqft
      • Tax assessed value: $7,452,780
      • Annual tax amount: $78,490
      • Date on market: 3/21/2026
      • Cumulative days on market: 122 days
      • Listing terms: Cash

        Estimated market value

        $12,352,000

        $11.73M - $12.97M

        $7,564/mo

        Price history

        DateEventPrice
        7/13/2026Listing removed$35,000$10/sqft
        Source: Zillow Rentals Report a problem
        6/25/2026Price change$12,999,999-2.6%$3,543/sqft
        Source: CRMLS #PW26061746 Report a problem
        5/1/2026Price change$13,349,000-3.3%$3,638/sqft
        Source: CRMLS #PW26061746 Report a problem
        3/21/2026Listed for sale$13,799,000+110.7%$3,761/sqft
        Source: CRMLS #PW26061746 Report a problem
        3/17/2026Price change$35,000-22.2%$10/sqft
        Source: Zillow Rentals Report a problem
        8/4/2025Price change$45,000-6.3%$12/sqft
        Source: Zillow Rentals Report a problem
        6/1/2025Price change$48,000-4%$13/sqft
        Source: Zillow Rentals Report a problem
        4/1/2025Listed for rent$50,000$14/sqft
        Source: Zillow Rentals Report a problem
        8/25/2017Sold$6,550,000-3%$1,785/sqft
        Source: Public Record Report a problem
        7/6/2017Pending sale$6,750,000$1,840/sqft
        Source: Coldwell Banker Residential Brokerage - Newport Beach #NP17087962 Report a problem
        5/1/2017Listed for sale$6,750,000+689.5%$1,840/sqft
        Source: Coldwell Banker Residential Brokerage - Newport Beach #NP17087962 Report a problem
        4/25/1997Sold$855,000$233/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$78,490 +0.7%$7,452,780 +2%
        2024$77,908 +1.8%$7,306,648 +2%
        2023$76,545 +1.8%$7,163,381 +2%
        2022$75,162 +1.5%$7,022,923 +2%
        2021$74,055 +1%$6,885,219 +1%
        2020$73,353 $6,814,620 +2%
        2019$73,353 +2.1%$6,681,000 +2%
        2018$71,861 +270.8%$6,550,000 +289.3%
        2017$19,380 $1,682,526 +2%
        2016$19,380 +2.1%$1,649,536 +1.5%
        2015$18,987 +1.7%$1,624,759 +2%
        2014$18,665 $1,592,933 +0.5%
        2013-- $1,585,734 +2%
        2012-- $1,554,642 +2%
        2011-- $1,524,159 +0.8%
        2010-- $1,512,768 -0.2%
        2009-- $1,516,362 +2%
        2008-- $1,486,630 +2%
        2007-- $1,457,481 +2%
        2006-- $1,428,903 +2%
        2005-- $1,400,886 +2%
        2004-- $1,373,418 +1.9%
        2003-- $1,348,247 +2%
        2002-- $1,321,811 +2%
        2001$13,171 +2.6%$1,295,894 +2%
        2000$12,838 $1,270,485
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 92661

        Getting around

        66 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Newport Beach Topics

                Search
                Updates
                Favorites
                Plan
                Inbox