1232 W Oceanfront, Newport Beach, CA 92661

$7,495,000 Asking Price

2 beds
2 baths
1,819  sqft
Built in 1940

Incredible oceanfront lot with city-ready plans. Oversized, 36’ wide and 103’ parcel in a convenient Peninsula location with iconic Newport Beach attractions just minutes away. The wide, sandy beach in front of the property offers endless enjoyment while the boardwalk ensures easy walking or biking access to the world-famous Wedge, restaurants, and the Pier. The current midcentury modern structure offers a remodel opportunity, while the lot itself presents a blank canvas for those looking to start anew. The existing plans suggest an approximately 4,300 square foot, four-bedroom residence with sit-down ocean and pristine beach views from the home’s main areas. With only a few oversize oceanfront parcels left, this is a truly rare opportunity.

Features & Amenities

Interior

General:
Family Room
Laundry:
Laundry Room, Inside
A/C:
false, None
Heating:
false, None
Fireplace:
Living Room, Fireplace
Disability Feature:
None

Exterior

Style:
Mid Century Modern
Pool:
None
Parking:
Attached, Int Access From Garage, Other, Garage Faces Rear

Construction

General:
2

Location

HOA Amenities:
0.0
School District:
Newport-Mesa Unified
County:
Orange

Lot

Zoning:
04724121
View:
Panoramic, Water, Other, Ocean

Utilities

Utilities:
Cable Available, Natural Gas Available
Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
DOUGLAS ELLIMAN OF CALIFORNIA, INC., John Stanaland

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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