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Sold for $6,750,000
  • Listed by: Compass • Tara McNabb • Contact: taralmcnabb@icloud.com
    Bought with: Compass
    Tax assessed value
    $6,750,000

    3012 W Oceanfront, Newport Beach, CA 92663

    4beds
    1,924sqft
    Single Family Residence
    Built in 1975
    2,178 Square Feet Lot
    $6,734,600 Zestimate®
    $3,508/sqft
    $-- Estimated rent

    Home value

    $6,734,600

    $6.20M - $7.34M

    Not available

    Zestimate® history
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    What's special

    Live in one and rent the other? Lease them both for outstanding income potential? Or transform them into a large private compound? The choice is yours at this front-row oceanfront duplex in Newport Beach. Unobstructed views sweep across the Pacific Ocean and embrace the Newport Pier, romantic sunsets over Catalina Island, and evening lights along the coast as far north as Palos Verdes. Remodeled and upgraded, the duplex presents a total of four bedrooms and three baths in approximately 1,924 square feet and includes an outdoor after-beach shower, two carport spaces and one enclosed garage space. Featuring one bedroom and one bath, the first-level residence is fresh and modern, with a host of desirable appointments, and seamless living areas opening to a large beach-front patio. An updated fireplace surrounded by fashionable tile lends style to the living and dining rooms, while the recently reimagined kitchen shines with quartz countertops, white Shaker cabinetry with glass uppers, a full tile backsplash, and stainless steel appliances. The primary suite features a private ocean-view atrium and a chic ensuite bath with quartz countertop and a sliding glass door to the shower. Three bedrooms, including one with a third-level loft, await in the upper unit, which showcases two luxurious baths, vaulted ceilings, travertine floors, and a large resurfaced ocean-view deck with glass railing. A peninsula bar opens to the dining room from a kitchen with custom wood cabinets and stainless appliances, and the living room displays a handsome fireplace. Custom built-in wardrobes in the primary suite and one secondary bedroom are detailed with translucent glass doors and contemporary wood drawers. Both units offer the advantages of upgraded dual-pane windows and sliding glass doors. Located at the top of the Balboa Peninsula, this turnkey duplex is enviably set near the Balboa Fun Zone, Balboa Island, Fashion Island’s high-end shops and restaurants, Lido Marina Village, beach-front bike paths, and the neighboring communities of Corona del Mar, Newport Coast and Crystal Cove.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara McNabb DRE #01871729 taralmcnabb@icloud.com,

    Compass

    Bought with:

    Tara McNabb, DRE #01871729

    Compass

    Source: CRMLS,MLS#: OC25129292MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,924 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Catalina, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2,178 Square Feet
    • Features: Level
    Details
    • Parcel number: 04708237
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $3,508/sqft
    • Tax assessed value: $6,750,000
    • Date on market: 6/11/2025
    • Cumulative days on market: 55 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    9/2/2026Listing removed$15,000$8/sqft
    Source: CRMLS #NP25221173 Report a problem
    2/19/2026Listed for rent$15,000+42.9%$8/sqft
    Source: CRMLS #NP25221173 Report a problem
    2/14/2026Listing removed$10,500$5/sqft
    Source: CRMLS #NP26031419 Report a problem
    2/11/2026Listed for rent$10,500+5%$5/sqft
    Source: CRMLS #NP26031419 Report a problem
    1/10/2026Listing removed$10,000$5/sqft
    Source: CRMLS #NP25221173 Report a problem
    12/30/2025Price change$10,000+5.3%$5/sqft
    Source: CRMLS #NP25221173 Report a problem
    11/6/2025Price change$9,500-5%$5/sqft
    Source: CRMLS #NP25221173 Report a problem
    9/19/2025Listed for rent$10,000$5/sqft
    Source: CRMLS #NP25221173 Report a problem
    8/11/2025Sold$6,750,000-8.8%$3,508/sqft
    Source: CRMLS #OC25129292 Report a problem
    8/6/2025Pending sale$7,400,000$3,846/sqft
    Source: CRMLS #OC25129292 Report a problem
    6/11/2025Listed for sale$7,400,000+11.2%$3,846/sqft
    Source: CRMLS #OC25129292 Report a problem
    3/5/2024Sold$6,655,000-6.3%$3,459/sqft
    Source: CRMLS #OC23225299 Report a problem
    1/31/2024Contingent$7,100,000$3,690/sqft
    Source: CRMLS #OC23225299 Report a problem
    12/15/2023Listed for sale$7,100,000$3,690/sqft
    Source: CRMLS #OC23225299 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $6,750,000 -0.6%
    2025$71,686 +40.4%$6,788,100 +42.1%
    2024$51,043 +2.9%$4,775,436 +2%
    2023$49,608 +1.7%$4,681,800 +2%
    2022$48,789 +1253.4%$4,590,000 +1458.7%
    2021$3,605 +1%$294,478 +1%
    2020$3,570 $291,459 +2%
    2019$3,570 +1.8%$285,745 +2%
    2018$3,505 +3.7%$280,143 +2%
    2017$3,380 $274,650 +2%
    2016$3,380 +2.1%$269,265 +1.5%
    2015$3,309 +3.4%$265,221 +2%
    2014$3,200 $260,026 +0.5%
    2013-- $258,851 +2%
    2012-- $253,776 +2%
    2011-- $248,800 +0.8%
    2010-- $246,941 -0.2%
    2009-- $247,529 +2%
    2008-- $242,676 +2%
    2007-- $237,918 +2%
    2006-- $233,253 +2%
    2005-- $228,680 +2%
    2004-- $224,197 +1.9%
    2003-- $220,088 +2%
    2002-- $215,773 +2%
    2001$2,277 +2.6%$211,543 +2%
    2000$2,220 $207,396
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

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    Estimated market value
    $6,734,600
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    Estimated market value
    $6,734,600