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Sold for $14,900,000
  • Listing Provided by: Pacific Sotheby's Int'l Realty
    Bought with: Pacific Sotheby's Int'l Realty
    $14,900,000

    706 W Oceanfront, Newport Beach, CA 92661

    4beds
    4,489sqft
    Single Family Residence
    Built in 2023
    4,200 Square Feet Lot
    $14,888,400 Zestimate®
    $3,319/sqft
    $7,389 Estimated rent

    Home value

    $14,888,400

    $13.70M - $16.08M

    $7,389/mo

    Zestimate® history
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    What's special

    Boutique luxury elevatorClimate-controlled three-car garageLimestone floorsSoaring ceilingsAir dresser steamerDual vanities
    Commanding a rare double-lot along the pristine sands of Newport Beach, this newly completed architectural masterpiece stands as a statement of modern coastal luxury. With over 60 feet of coveted ocean frontage, the residence encompasses 4,500 square feet of meticulously composed interiors, complemented by expansive terraces that capture uninterrupted views of the Pacific Ocean, Newport Harbor, and Catalina Island. Every detail reflects a refined sensibility — soaring ceilings, limestone floors, and walls of glass that dissolve the boundary between inside and out. The primary suite is a sanctuary unto itself, offering a spa-inspired bath with an infrared sauna, two state of the art walk in closets, dual vanities, and your own Air Dresser Steamer. Designed for both relaxation and entertaining, the home features a chef’s kitchen appointed with Miele, Wolf, and Sub-Zero appliances, a bonus lounge with wet bar, a fitness studio overlooking the ocean, and a rooftop retreat with a full outdoor kitchen and panoramic vistas of the ocean and bay. A Boutique Luxury elevator, advanced smart home systems, solar integration with Tesla backup, and a climate-controlled three-car garage further distinguishes this exceptional estate. Poised on one of the most exclusive stretches of the California coastline, 706 W Oceanfront offers an unparalleled opportunity to embrace the quintessential Newport Beach lifestyle at the water’s edge.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty,

    Lauren Bibb DRE #02144501,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Kimberly Bibb, DRE #01210754

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP26058917MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Bathroom
    • Features: Bidet, Bathtub, Closet, Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Soaking Tub, Separate Shower, Tub Shower, Vanity
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Stone Counters, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Barbecue, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Water To Refrigerator, Warming Drawer, Water Purifier
    • Laundry: Laundry Room, Upper Level
    Features
    • Wet Bar, Built-in Features, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Elevator, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Bar, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Stone
    • Doors: Double Door Entry, Sliding Doors
    • Windows: Custom Covering(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,489 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Direct Access, Garage, Garage Faces Rear
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Accessible Elevator Installed, Parking, Accessible Doors
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Patio & porch: Covered, Deck, Open, Patio, Rooftop
    • Exterior features: Barbecue
    • Pool features: None
    • Has spa: Yes
    • Spa features: Above Ground, Roof Top
    • Has view: Yes
    • View description: Bay, Catalina, City Lights, Coastline, Ocean, Water
    • Has water view: Yes
    • Water view: Bay,Coastline,Ocean,Water
    • Waterfront features: Beach Front, Ocean Front
    Lot
    • Size: 4,200 sqft
    • Features: Sprinklers Timer, Sprinkler System, Walkstreet
    Details
    • Additional structures: Second Garage, Sauna Private
    • Parcel number: 04802310
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Roof: Flat,Metal
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Electric: 220 Volts in Garage, Photovoltaics Seller Owned
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Biking, Curbs, Sidewalks, Water Sports
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/23/2026Sold$14,900,000-6.8%$3,319/sqft
    Source: CRMLS #NP26058917 Report a problem
    3/24/2026Listed for sale$15,995,000-12.8%$3,563/sqft
    Source: CRMLS #NP26058917 Report a problem
    8/20/2025Listing removed$18,350,000$4,088/sqft
    Source: SDMLS #NP25057409 Report a problem
    6/23/2025Listed for sale$18,350,000+129.4%$4,088/sqft
    Source: SDMLS #NP25057409 Report a problem
    6/21/2019Sold$8,000,000-11.1%$1,782/sqft
    Source: Public Record Report a problem
    5/30/2019Listed for sale$8,995,000-18.2%$2,004/sqft
    Source: Villa Real Estate #NP19125824 Report a problem
    6/2/2017Listing removed$11,000,000$2,450/sqft
    Source: Coastal Newport Properties #NP17098054 Report a problem
    5/4/2017Listed for sale$11,000,000+239030.4%$2,450/sqft
    Source: Coastal Newport Properties #NP17098054 Report a problem
    1/7/2013Listing removed$4,650$1/sqft
    Source: Balboa Newport Realty Report a problem
    12/19/2012Listed for rent$4,650$1/sqft
    Source: Balboa Newport Realty Report a problem
    10/2/2012Listing removed$4,650$1/sqft
    Source: Balboa Newport Realty Report a problem
    9/19/2012Listed for rent$4,650$1/sqft
    Source: Balboa Newport Realty Report a problem
    10/20/2010Sold$4,600$1/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$104,592 +0.9%$9,944,093 +2%
    2024$103,690 +3.5%$9,749,111 +3.6%
    2023$100,198 +11.7%$9,405,931 +12.1%
    2022$89,677 +7.4%$8,391,097 +8%
    2021$83,516 -4.7%$7,768,909 -4.8%
    2020$87,680 $8,160,000 +1161%
    2019$87,680 +919.5%$647,123 +2%
    2018$8,600 +1%$634,435 +2%
    2017$8,519 $621,996 +2%
    2016$8,519 +2.2%$609,800 +1.5%
    2015$8,334 -0.8%$600,641 +2%
    2014$8,403 $588,876 +0.5%
    2013-- $586,215 +2%
    2012-- $574,721 +2%
    2011-- $563,452 +0.8%
    2010-- $559,241 -0.2%
    2009-- $560,571 +2%
    2008-- $549,580 +2%
    2007-- $538,804 +2%
    2006-- $528,240 +2%
    2005-- $517,883 +2%
    2004-- $507,729 +1.9%
    2003-- $498,424 +2%
    2002-- $488,651 +2%
    2001$4,954 +2.6%$479,070 +2%
    2000$4,830 $469,677

    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

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    Estimated market value
    $14,888,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,888,400