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Sold for $6,600,000
  • Listing Provided by: Coldwell Banker Realty
    Bought with: REAL BROKERAGE TECHNOLOGIES
    $6,600,000

    314 E Oceanfront, Newport Beach, CA 92661

    3beds
    2,583sqft
    Single Family Residence
    Built in 2001
    2,400 Square Feet Lot
    $8,133,500 Zestimate®
    $2,555/sqft
    $7,720 Estimated rent

    Home value

    $8,133,500

    $7.24M - $9.19M

    $7,720/mo

    Zestimate® history
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    What's special

    The charm of Cape Cod meets the allure of Newport Beach at this elegant oceanfront residence on the Balboa Peninsula. Step onto the sand from your spacious front patio, and enjoy panoramic ocean, beach and sunset views from the primary suite’s balcony. A shingled-cottage exterior creates a welcoming ambiance at the seaside home, which showcases a seamless open-concept main level that opens to the front patio and features a living room with fireplace and built-in cabinetry, a spacious dining room, and a custom kitchen with black stone countertops, a hand-carved island with butcher-block top, white bead-board cabinetry with illuminated glass uppers, a pantry with a custom French door, and a suite of top-of-the-line appliances from Sub-Zero, Wolf and Dacor. Wood flooring graces the entire residence and complements impeccably crafted millwork, including crown molding, wainscoting and custom vanities. Upscale nautical elements complement the beachfront setting, and an elegant staircase, skylights, custom tilework, and premium paint and wall treatments embellish throughout. Three ensuite bedrooms and three- and one-half baths are revealed in a two-level floorplan of approximately 2,583 square feet. All bedrooms are crowned with vaulted ceilings, and the ocean-view primary suite presents a sitting area with fireplace, two walk-in closets with furniture-caliber built-ins, and an opulent bath with separate vanities, a separate shower and a jetted tub. The home’s location is without compare. Not only does it open directly to the beach, it is just a few blocks from the Balboa Fun Zone, the Balboa Island ferry terminal, Peninsula Park and the Balboa Pier. Nationally acclaimed schools serve the community, and Fashion Island, Newport Coast, Crystal Cove, Corona del Mar and Laguna Beach are enviably convenient.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tim Smith DRE #01346878 949.478.2295,

    Coldwell Banker Realty,

    Listing Team: Tim Smith Group

    Bought with:

    Jessie Rodriguez, DRE #01418054

    REAL BROKERAGE TECHNOLOGIES

    Source: CRMLS,MLS#: NP23004858MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Multiple Shower Heads, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Warming Drawer
    • Laundry: Laundry Room, Upper Level
    Features
    • Beamed Ceilings, Built-in Features, Balcony, Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Recessed Lighting, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: French Doors
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,583 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Ocean Access, Ocean Front, Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 2,400 sqft
    • Features: Front Yard
    Details
    • Parcel number: 04808216
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    3/11/2024Sold$6,600,000-5.6%$2,555/sqft
    Source: CRMLS #NP23004858 Report a problem
    3/1/2024Pending sale$6,995,000$2,708/sqft
    Source: CRMLS #NP23004858 Report a problem
    2/29/2024Contingent$6,995,000$2,708/sqft
    Source: CRMLS #NP23004858 Report a problem
    9/25/2023Price change$6,995,000-6.7%$2,708/sqft
    Source: CRMLS #NP23004858 Report a problem
    7/24/2023Price change$7,495,000-5.1%$2,902/sqft
    Source: CRMLS #NP23004858 Report a problem
    1/20/2023Listed for sale$7,895,000+109.6%$3,057/sqft
    Source: CRMLS #NP23004858 Report a problem
    1/31/2006Sold$3,767,500+58.6%$1,459/sqft
    Source: Public Record Report a problem
    2/6/2003Sold$2,375,000$919/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$70,672 +10.6%$6,706,500 +11.2%
    2024$63,905 +2.5%$6,029,056 +2%
    2023$62,343 +1.7%$5,910,840 +2%
    2022$61,318 +2%$5,794,942 +2%
    2021$60,139 +1%$5,681,316 +1%
    2020$59,563 $5,623,062 +2%
    2019$59,563 +2.1%$5,512,806 +2%
    2018$58,317 +3.9%$5,404,712 +2%
    2017$56,138 $5,298,738 +2%
    2016$56,138 +2.3%$5,194,842 +1.5%
    2015$54,870 +3.4%$5,116,811 +2%
    2014$53,075 $5,016,580 +0.5%
    2013-- $4,993,908 +8%
    2012-- $4,624,562
    2011-- $4,624,562 +0.8%
    2010-- $4,590,000
    2009-- $4,590,000
    2008-- $4,590,000
    2007-- $4,590,000 +82.4%
    2006-- $2,517,081 +2%
    2005-- $2,467,727 +2%
    2004-- $2,419,341 +7.8%
    2003-- $2,244,000 +2%
    2002-- $2,200,000 +76%
    2001$12,694 $1,250,000

    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: Horace 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
    $8,133,500
    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
    $8,133,500