Located directly on the oceanfront sand of Newport Beach’s desirable Balboa Peninsula, beyond where the boardwalk and bike path ends, and Peninsula Point begins, this Mid-Century Modern showplace remains virtually original since its completion in 1960. Panoramic Pacific Ocean and beach views are enjoyed from the custom home, which also offers views of the Balboa Pier and Lifeguard Tower G. With approximately 45' of beach frontage and a homesite of nearly 4,609 square feet, the property is ideal for those who wish to own an architecturally unique residence, restore it while incorporating modern tech and amenities, OR build an entirely new dream home. First impressions are grand at the five-bedroom, four-bath home, thanks to a stunning double-height atrium-style entry with an in-ground pool/spa, vaulted ceiling, large skylight, cork walls, and a floating staircase leading to loft areas above. The kitchen and family room are united in one ocean-view space complete with large windows, illuminated ceiling beams, granite countertops, a breakfast nook and abundant cabinetry. The versatile home is exceptionally open and bright, and it offers the unique opportunity to live on a prime location - Oceanfront. Ample stretches of sandy beaches, Balboa Island, the Balboa Fun Zone, golf, high-end shopping and dining, and award-winning schools are all close by. Trust Sale.
Sold for $6,750,000
Listed by: Beach Equities • Paige Charnick • Contact: 213-434-4476
Bought with: Realty Source, Inc
Tax assessed value
$6,750,000
1320 E Oceanfront, Newport Beach, CA 92661
5beds
4,076sqft
Single Family Residence
Built in 1960
4,609 Square Feet Lot
$8,821,300 Zestimate®
$1,656/sqft
$8,589 Estimated rent
Home value
$8,821,300
$7.76M - $10.23M
$8,589/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Paige Charnick DRE #01755588 213-434-4476,
Beach Equities
Bought with:
Josiah Silva, DRE #01782022
Realty Source, Inc
Source: CRMLS,MLS#: PW24076990
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Great Room, Laundry, Primary Bedroom, Office, Other, Sauna
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Other
- Features: Walk-In Closet(s)
Heating
- Fireplace(s), See Remarks
Cooling
- None
Appliances
- Laundry: Laundry Closet
Features
- Beamed Ceilings, Built-in Features, Balcony, Eat-in Kitchen, High Ceilings, See Remarks, Storage, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
- Doors: Double Door Entry
- Windows: Screens
- Has fireplace: Yes
- Fireplace features: Bonus Room, See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,076 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: ground/alleyway
- Has private pool: Yes
- Pool features: Private, See Remarks
- Has spa: Yes
- Spa features: In Ground, See Remarks
- Has view: Yes
- View description: Catalina, Coastline, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Beach Front, Ocean Side Of Highway
Lot
- Size: 4,609 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 04817020
- Special conditions: Third Party Approval,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Preserve/Public Land
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,656/sqft
- Tax assessed value: $6,750,000
- Annual tax amount: $71,128
- Date on market: 4/18/2024
- Cumulative days on market: 118 days
- Listing terms: Cash,Cash to New Loan,Subject To Other
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2024 | Sold | $6,750,000-15.4%$1,656/sqft |
Source:  CRMLS #PW24076990 Report a problem | ||
| 8/16/2024 | Contingent | $7,980,000$1,958/sqft |
Source: CRMLS #PW24076990 Report a problem | ||
| 7/3/2024 | Price change | $7,980,000-7.2%$1,958/sqft |
Source: CRMLS #PW24076990 Report a problem | ||
| 4/18/2024 | Listed for sale | $8,600,000$2,110/sqft |
Source: CRMLS #PW24076990 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $71,128 -14.4% | $6,750,000 -12.9% |
| 2024 | $83,046 +2196.9% | $7,752,000 +2355.9% |
| 2023 | $3,616 +1.8% | $315,648 +2% |
| 2022 | $3,550 +1.9% | $309,459 +2% |
| 2021 | $3,483 +1% | $303,392 +1% |
| 2020 | $3,448 | $300,282 +2% |
| 2019 | $3,448 +2% | $294,395 +2% |
| 2018 | $3,382 +3.8% | $288,623 +2% |
| 2017 | $3,257 | $282,964 +2% |
| 2016 | $3,257 +2.2% | $277,416 +1.5% |
| 2015 | $3,185 +3.5% | $273,249 +2% |
| 2014 | $3,077 | $267,897 +0.5% |
| 2013 | -- | $266,687 +2% |
| 2012 | -- | $261,458 +2% |
| 2011 | -- | $256,332 +0.8% |
| 2010 | -- | $254,417 -0.2% |
| 2009 | -- | $255,022 +2% |
| 2008 | -- | $250,022 +2% |
| 2007 | -- | $245,120 +2% |
| 2006 | -- | $240,314 +2% |
| 2005 | -- | $235,602 +2% |
| 2004 | -- | $230,983 +1.9% |
| 2003 | -- | $226,750 +2% |
| 2002 | -- | $222,304 +2% |
| 2001 | $3,091 +2% | $217,946 +2% |
| 2000 | $3,030 | $213,673 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 1.6 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$8,821,300
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Estimated market value
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- California
- Orange County
- Newport Beach
- 92661
- 1320 E Oceanfront
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