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New construction
  • Listed by: Serhant California, Inc • Tyler Brown • 949-220-4409
    $8,250,000

    306 E Oceanfront, Newport Beach, CA 92661

    4beds
    2,520sqft
    : 
    $54,630/mo
    Get pre-qualified
    Single Family Residence
    Built in 2027
    2,400 Square Feet Lot
    $-- Zestimate®
    $3,274/sqft
    $-- HOA

    What's special

    An exceptional opportunity to own newly constructed oceanfront real estate along Newport Beach's iconic Balboa Peninsula, 306 E Oceanfront is a ground-up residence now well underway, combining striking coastal architecture, thoughtfully curated interiors, and an irreplaceable front-row position on the Pacific. Situated directly along the boardwalk, the property enjoys unobstructed ocean views and a particularly desirable beachfront setting, with an expansive stretch of sand separating the residence from the shoreline, portions of which feature a naturally occurring protective berm. Designed by Richart Architects, built by Newport Beach-based Marston Builders, and featuring interiors by Jodi Fleming Design, the residence brings together an exceptional team of local talent. The three-story home encompasses approximately 2,520 square feet of habitable space on a 2,400-square-foot oceanfront lot, with three bedrooms, three and a half bathrooms in the primary residence, plus an attached one-bed, one-bath JADU. Expansive living areas open to an extraordinary beachfront patio with expansive depth, a rare luxury along the Peninsula where outdoor space is often limited. Above, multiple rooftop entertaining areas, including an outdoor kitchen, capture sweeping panoramic views of the Pacific and surrounding coastline. With construction progressing, approved plans, permits, and a comprehensive design program already in place, much of the complexity of bringing an oceanfront development to life has been addressed. Offered at its current stage of construction, the listed price reflects the underlying real estate, improvements completed to date, approved plans, and established project infrastructure. A discerning buyer has the opportunity to continue with the exceptional team already assembled, and potentially personalize finishes to their own vision. Further enhancing the offering, the primary residence holds an active short-term lodging permit. Direct boardwalk frontage, an exceptionally generous oceanfront patio, an acclaimed design and construction team, and the opportunity to shape the final expression of a remarkable coastal residence. An increasingly rare offering on Newport Beach's oceanfront. Renderings are conceptual only. Final design, materials, and features are subject to change. Current list price is subject to change with progression of construction, inquire for more information.
    16 days
    741
    47

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Brown DRE #02043514 949-220-4409,

    Serhant California, Inc

    Source: CRMLS,MLS#: NP26231403MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Living Room, Primary Bedroom, Other, Pantry, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Bedroom
      • Features: Multi-Level Bedroom
      Bathroom
      • Features: Bathroom Exhaust Fan, Dual Sinks, Stone Counters, Walk-In Shower
      Kitchen
      • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Ductless, High Efficiency, Whole House Fan, Zoned
      Appliances
      • Included: Built-In Range, Barbecue, Dishwasher, ENERGY STAR Qualified Water Heater, Electric Oven, Freezer, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Smart Home, Wired for Data, Wired for Sound, All Bedrooms Up, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Doors: Sliding Doors
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 2,520 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Rear
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Patio & porch: Patio, Rooftop
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Glass,Stucco Wall
      • Has view: Yes
      • View description: City Lights, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water
      • Has water view: Yes
      • Water view: Coastline,Ocean,Pier,Water
      • Waterfront features: Beach Access, Beach Front, Ocean Front, Ocean Side Of Highway
      Lot
      • Size: 2,400 Square Feet
      • Dimensions: 30 x 80
      • Features: Rectangular Lot
      Details
      • Parcel number: 04808208
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Modern
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Composition,Other
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2027
      Details
      • Builder name: Marston Builders

      Utilities & green energy

      • Electric: 220 Volts in Garage, Photovoltaics Seller Owned
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances, HVAC, Water Heater
      • Energy generation: Solar

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $3,274/sqft
      • Tax assessed value: $5,149,980
      • Date on market: 10/29/2026
      • Cumulative days on market: 16 days
      • Listing terms: Cash,Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/29/2026Listed for sale$8,250,000+66.7%$3,274/sqft
        Source: CRMLS #NP26231403 Report a problem
        4/19/2024Sold$4,950,000-2.8%$1,964/sqft
        Source: CRMLS #NP24028668 Report a problem
        4/16/2024Pending sale$5,095,000$2,022/sqft
        Source: CRMLS #NP24028668 Report a problem
        4/1/2024Price change$5,095,000-8.2%$2,022/sqft
        Source: CRMLS #NP24028668 Report a problem
        2/13/2024Listed for sale$5,550,000+4.7%$2,202/sqft
        Source: CRMLS #NP24028668 Report a problem
        10/3/2022Sold$5,300,000-10.1%$2,103/sqft
        Source: Public Record Report a problem
        5/24/2022Pending sale$5,895,000$2,339/sqft
        Source: CRMLS #NP22082420 Report a problem
        4/22/2022Listed for sale$5,895,000+68.4%$2,339/sqft
        Source: CRMLS #NP22082420 Report a problem
        8/7/2020Listing removed$3,850$2/sqft
        Source: White Sail Realty Report a problem
        7/28/2020Listed for rent$3,850+10%$2/sqft
        Source: White Sail Realty Report a problem
        5/7/2020Listing removed$3,500$1/sqft
        Source: White Sail Realty Report a problem
        4/18/2020Listed for rent$3,500$1/sqft
        Source: White Sail Realty Report a problem
        3/14/2017Sold$3,500,000+125.8%$1,389/sqft
        Source: Public Record Report a problem
        6/26/2003Sold$1,550,000$615/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $5,149,980 +2%
        2025$53,460 -7.6%$5,049,000 -6.6%
        2024$57,840 +1.9%$5,406,000 +2%
        2023$56,778 +37.2%$5,300,000 +38.5%
        2022$41,369 +1.4%$3,827,761 +2%
        2021$40,812 +1%$3,752,707 +1%
        2020$40,425 $3,714,228 +2%
        2019$40,425 +2%$3,641,400 +2%
        2018$39,613 +82.1%$3,570,000 +84.6%
        2017$21,756 $1,934,300 +2%
        2016$21,756 +2.1%$1,896,373 +1.5%
        2015$21,299 +2.4%$1,867,888 +2%
        2014$20,797 $1,831,299 +15%
        2013-- $1,592,904 +2%
        2012-- $1,561,671
        2011-- $1,561,671 +0.8%
        2010-- $1,550,000 -11.1%
        2009-- $1,743,272 +2%
        2008-- $1,709,091 +2%
        2007-- $1,675,580 +2%
        2006-- $1,642,726 +2%
        2005-- $1,610,516 +2%
        2004-- $1,578,938 +1325.4%
        2003-- $110,769 +2%
        2002-- $108,598 +2%
        2001$1,135 +2.7%$106,469 +2%
        2000$1,105 $104,382
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92661

        Getting around

        76 / 100
        Very Walkable
        22 / 100
        Minimal Transit
        71 / 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.

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