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New construction
    • Listed by: Serhant California, Inc • Tyler Brown • Contact: 404-713-8008
    $6,850,000

    306 E Oceanfront, Newport Beach, CA 92661

    4beds
    2,520sqft
    : 
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    Single Family Residence
    Built in 2027
    2,400 Square Feet Lot
    $6,621,800 Zestimate®
    $2,718/sqft
    $-- HOA

    What's special

    Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep. Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation. The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. The property currently carries an active short term lodging permit, a credential that adds meaningful optionality to a home on the boardwalk. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach. What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line. Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change.
    64 days
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    1,737
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    95
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Brown DRE #02043514 949-220-4409,

    Serhant California, Inc

    Source: CRMLS,MLS#: NP26098260MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Primary Bedroom, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: Multi-Level Bedroom
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathroom Exhaust Fan, Dual Sinks, Stone Counters, Walk-In Shower
      Kitchen
      • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo
      Heating
      • Central, Zoned
      Cooling
      • Central Air, 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, Recessed Lighting, Smart Home, Wired for Data, Wired for Sound, All Bedrooms Up, Primary Suite
      • Flooring: Tile, Wood
      • Doors: Sliding Doors
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 2,520 sqft

      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, Fire Pit
      • Pool features: None
      • Spa features: None
      • Fencing: Glass,Stucco Wall
      • Has view: Yes
      • View description: City Lights, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water
      • Has water view: Yes
      • Water view: 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
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2027

      Utilities & green energy

      • Electric: 220 Volts in Garage
      • 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: Security System, Fire Sprinkler System, Smoke Detector(s)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,718/sqft
      • Tax assessed value: $5,049,000
      • Annual tax amount: $53,460
      • Date on market: 5/12/2026
      • Cumulative days on market: 65 days
      • Listing terms: Cash,Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        $6,621,800

        $6.29M - $6.95M

        $7,465/mo

        Price history

        DateEventPrice
        5/13/2026Listed for sale$6,850,000+38.4%$2,718/sqft
        Source: CRMLS #NP26098260 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
        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

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        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.
        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.
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        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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