Skip main navigation
Pending
    • Listed by: Douglas Elliman of California - Corona Del Mar • Bradford Bankenbush • Contact: 949-335-8616
    Price cut: $545K (7/1)
    $9,450,000

    218 E Oceanfront, Newport Beach, CA 92661

    4beds
    2,650sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2024
    2,400 Square Feet Lot
    $9,116,000 Zestimate®
    $3,566/sqft
    $-- HOA

    What's special

    Floating three-tier staircasePrivate ocean-view deckOpen and functional layoutSavant smart-home automationWalk-in closetLarge two-tier island
    As seen in "Architectural Digest", this newly rebuilt oceanfront residence is located on a rare corner lot directly on the sand on Newport Beach’s Balboa Peninsula. Completed in 2024 by Burkhart Brothers Construction, the approximately 2,650 square foot home was designed to capture ocean views from both the main and upper levels. The exterior features a contemporary blend of wood, stone, glass, and standing-seam metal roofing, complemented by professionally designed landscaping and exterior lighting. The interior offers four bedrooms and three and one-half baths with an open and functional layout. The first level opens via a wall of motorized auto-open Awake glass doors to a beachfront patio with built-in BBQ, creating seamless indoor-outdoor living. The main living area includes a great room with fireplace and dining area that flows directly to a kitchen designed for culinary use and gatherings. The kitchen’s large two-tier island is designed for food preparation and serving guests, while polished Calacatta quartzite countertops feature pop-up outlets and waterfall edges. Custom cabinetry provides specialized storage for spices and utensils, with Rev-A-Shelf systems and a roll-out pantry enhancing convenience. Together with its butler’s pantry, the kitchen hosts a full suite of Wolf, Cove, and Sub-Zero appliances. The second level is accessed via a floating three-tier staircase and includes a loft, secondary bedrooms, and a primary suite with vaulted ceilings, fireplace, private ocean-view deck, walk-in closet, and bath with oversized shower and freestanding tub. Richard Marshall hardwood flooring extends throughout the upper level. Additional features include a garage with vehicle lift for a third car, Savant smart-home automation, and designer lighting, plumbing fixtures, and hardware throughout. Conveniently located near the Balboa Pier, Newport Harbor, dining, shopping, and coastal amenities.
    162 days
    |
    3,116
    |
    146
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradford Bankenbush DRE #02006270 949-335-8616,

    Douglas Elliman of California - Corona Del Mar,

    Joshua Altman DRE #01764587,

    Douglas Elliman of California

    Source: CRMLS,MLS#: LG26021224MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bonus Room, Bedroom, Den, Entry/Foyer, Family Room, Foyer, Great Room, Kitchen, Laundry, Library, Loft, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Dining Room
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Dual Sinks, Heated Floor, Linen Closet, Multiple Shower Heads, Quartz Counters, Remodeled, Upgraded
      Kitchen
      • Features: Butler's Pantry, Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Self-closing Cabinet Doors, Self-closing Drawers, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central, ENERGY STAR Qualified Equipment
      Cooling
      • Central Air, ENERGY STAR Qualified Equipment
      Appliances
      • Included: 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater, Refrigerator, Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • Wet Bar, Built-in Features, Balcony, Breakfast Area, Dry Bar, Separate/Formal Dining Room, Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Wired for Data, Bar, Wired for Sound, All Bedrooms Up, Entrance Foyer, Loft, Primary Suite
      • Flooring: Stone, Wood
      • Windows: Blinds, Drapes, ENERGY STAR Qualified Windows
      • Has fireplace: Yes
      • Fireplace features: Family Room, Primary Bedroom, Outside
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,650 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Faces Rear
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Side
      • Patio & porch: Deck, Patio
      • Exterior features: Lighting
      • Pool features: None
      • Spa features: None
      • Fencing: New Condition
      • Has view: Yes
      • View description: Catalina, City Lights, Coastline, Harbor, Mountain(s), Ocean, Panoramic, Water
      • Has water view: Yes
      • Water view: Coastline,Harbor,Ocean,Water
      • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
      Lot
      • Size: 2,400 Square Feet
      • Features: 0-1 Unit/Acre, Corner Lot
      Details
      • Parcel number: 04808107
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Custom,Modern
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Turnkey
      • New construction: Yes
      • Year built: 2024
      Details
      • Builder name: Burkhart Brothers Construction

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances, Water Heater

      Community & HOA

      Community
      • Features: Biking, Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
      • Security: Prewired, Security System, Smoke Detector(s), Security Lights
      • Subdivision: Balboa Peninsula (Residential) (Balp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $3,566/sqft
      • Tax assessed value: $8,177,418
      • Annual tax amount: $86,082
      • Date on market: 2/1/2026
      • Cumulative days on market: 162 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Road surface type: Paved

        Estimated market value

        $9,116,000

        $8.66M - $9.57M

        $9,024/mo

        Price history

        DateEventPrice
        7/15/2026Pending sale$9,450,000$3,566/sqft
        Source: CRMLS #LG26021224 Report a problem
        7/1/2026Price change$9,450,000-5.5%$3,566/sqft
        Source: CRMLS #LG26021224 Report a problem
        5/18/2026Price change$9,995,000-4.8%$3,772/sqft
        Source: CRMLS #LG26021224 Report a problem
        4/8/2026Price change$10,495,000-4.5%$3,960/sqft
        Source: CRMLS #LG26021224 Report a problem
        2/1/2026Listed for sale$10,995,000$4,149/sqft
        Source: CRMLS #LG26021224 Report a problem
        1/1/2026Listing removed$10,995,000$4,149/sqft
        Source: Douglas Elliman #LG25047863 Report a problem
        10/23/2025Price change$10,995,000-8.3%$4,149/sqft
        Source: Douglas Elliman #LG25047863 Report a problem
        7/10/2025Price change$11,995,000-7%$4,526/sqft
        Source: Douglas Elliman #LG25047863 Report a problem
        5/2/2025Price change$12,900,000-7.8%$4,868/sqft
        Source: Douglas Elliman #LG25047863 Report a problem
        3/6/2025Listed for sale$13,995,000+84.1%$5,281/sqft
        Source: Douglas Elliman #LG25047863 Report a problem
        1/9/2023Sold$7,600,000-5%$2,868/sqft
        Source: Public Record Report a problem
        1/3/2023Pending sale$7,999,000$3,018/sqft
        Source: CRMLS #NP22235834 Report a problem
        12/24/2022Contingent$7,999,000$3,018/sqft
        Source: CRMLS #NP22235834 Report a problem
        11/24/2022Listed for sale$7,999,000+52.4%$3,018/sqft
        Source: CRMLS #NP22235834 Report a problem
        4/12/2022Sold$5,250,000+565.4%$1,981/sqft
        Source: Public Record Report a problem
        12/5/1997Sold$789,000$298/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$86,082 +5%$8,177,418 +5.5%
        2024$81,960 -1.4%$7,752,000 +10.1%
        2023$83,143 +207.8%$7,038,000 +177.8%
        2022$27,016 +2%$2,533,575 +2%
        2021$26,498 +1%$2,483,898 +1%
        2020$26,244 $2,458,429 +2%
        2019$26,244 +2.1%$2,410,225 +2%
        2018$25,699 +3.9%$2,362,966 +2%
        2017$24,741 $2,316,634 +2%
        2016$24,741 +2.3%$2,271,210 +1.5%
        2015$24,185 +3.4%$2,237,095 +2%
        2014$23,393 $2,193,274 +0.5%
        2013-- $2,183,362 +2%
        2012-- $2,140,551 +2%
        2011-- $2,098,580 +0.8%
        2010-- $2,082,896 -0.2%
        2009-- $2,087,845 +2%
        2008-- $2,046,907 +2%
        2007-- $2,006,772 +2%
        2006-- $1,967,424 +2%
        2005-- $1,928,848 +2%
        2004-- $1,891,028 +1.9%
        2003-- $1,856,370 +2%
        2002-- $1,819,971 +2%
        2001$18,197 +2.6%$1,784,286 +2%
        2000$17,738 $1,749,300
        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

        70 / 100
        Somewhat Walkable
        21 / 100
        Minimal Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Newport
        • Middle: Ensign
        • High: Newport Harbor

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Newport Beach Topics

              Search
              Updates
              Favorites
              Plan
              Inbox