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Sold for $9,250,000
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  • Listed by: Douglas Elliman of California - Corona Del Mar • Bradford Bankenbush • Contact: 949-335-8616
    Bought with: Douglas Elliman of California - Corona Del Mar
    $9,250,000

    218 E Oceanfront, Newport Beach, CA 92661

    4beds
    2,650sqft
    Single Family Residence
    Built in 2024
    2,400 Square Feet Lot
    $9,200,000 Zestimate®
    $3,491/sqft
    $-- Estimated rent

    Home value

    $9,200,000

    $8.46M - $9.94M

    Not available

    Zestimate® history
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    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.

    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

    Bought with:

    Bradford Bankenbush, DRE #02006270

    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: $3,491/sqft
    • Tax assessed value: $8,340,966
    • Date on market: 2/1/2026
    • Cumulative days on market: 157 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2026Sold$9,250,000-2.1%$3,491/sqft
    Source: CRMLS #LG26021224 Report a problem
    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
    2026-- $8,340,966 +2%
    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

    Neighborhood: 92661

    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.

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    Estimated market value

    $9,200,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $9,200,000