1824 W Oceanfront, Newport Beach

$17,500,000

3 Beds
4 Baths
3,377 Sqft
11,326 Sqft
5 Garages

An extraordinary oceanfront estate opportunity that has resided in the same family since 1937. Highlighted by expansive ocean views, a broad verdant lawn and abundant mature foliage this warm, traditional-style beach home spans three contiguous lots and ninety-feet of water frontage. Sited on a corner parcel of over 11,300 square feet the timeless residence is positioned at the rear portion of the parcel – away from the boardwalk and benefiting from unquestionable privacy, a panorama of views, flowering gardens and an elegantly proportioned 55 foot pool. Rich with possibilities the property holds a Multi-Unit Residential (RM) zoning designation. Per the City of Newport Beach should the existing residence be demolished three individual lots as configured in the initial subdivision of this property would exist. One of the few remaining opportunities along the Southern California Coast to own a triple lot parcel with tremendous flexibility of use. Construct an unparalleled oceanfront compound. Develop multiple single family or duplex condominium residences. Re-envision the site as one larger multi-unit structure spanning three lots. Or enjoy the classic beach home that exists today. A legacy oceanfront property that is without peer.

Essential Information
MLS® #NP20092385
Price$17,500,000
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage3,377
Lot Square Footage11,326
Year Built1946
TypeResidential
Sub-TypeSingle Family
StyleTraditional
StatusActive
Community Information
Address1824 W Oceanfront
AreaBalboa Peninsula (NP)
CityNewport Beach
CountyOrange
StateCA
Zip Code92663
Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities
Parking Spaces5
# of Garages5
Is WaterfrontYes
WaterfrontOcean Front, Beach Front
Has PoolYes
Utilities

Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected, Water Connected

Parking

Direct Garage Access, Garage - Three Door, Oversized, See Remarks

View

Catalina View, Coastline View, Ocean View, Panoramic View, Water View, White Water View

Pool

Private Pool, Heated, In Ground

Interior
HeatingForced Air, Natural Gas
CoolingNone
FireplaceYes
FireplacesSee Remarks
# of Stories2
StoriesTwo
Lot Description

Corner Lot, Front Yard, Garden, Lot 10000-19999 Sqft, Sprinkler System, Value In Land

School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedMay 15th, 2020
Days on Market12
HOA Fees0.00
Listing Details
AgentTara Foster Shapiro(01892201)
OfficePacific Sotheby's Int'l Realty
LISTING MAP

Based on information from California Regional Multiple Listing Service, Inc. as of May 28th, 2020 at 4:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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