NOT LISTED FOR SALE

Estimated Value: $12,495,496

5 Beds
8 Baths
4,274 Sq Ft
$2,924/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2024

Last sale price $17,650,000 $4,130 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $84,365 / mo

116 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Living Room with Fireplace
  • Built in 2019 | Newly Remodeled
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2024

Introducing 1706 E Oceanfront, a luxurious beachfront oasis in Newport Beach, CA. With stunning views of the Pacific Ocean and a prime location near The Wedge and Newport Harbor. This state-of-the-art home offers the ultimate coastal living experience. Featuring 5 bedrooms, 6 full bathrooms, and 2 half bathrooms, this spacious property ensures comfort for both residents and guests. The oversized lot provides privacy, with no public boardwalk in front. Enjoy panoramic views of Catalina Island, Emerald Bay, Laguna Beach, and the Fashion Island Newport Center Skyline. This new construction masterpiece, completed in July 2019, boasts impeccable architecture by Sinclair Associates. The seamless indoor/outdoor living spaces, created by custom steel windows and sliding panel/pocket doors handcrafted by Riviera Bronze, perfectly capture the coastal ambiance. Inside, you'll find exquisite architectural millwork, custom mahogany solid panel interior doors, and smart home automation for convenience.With remote-controlled shades, French Oak flooring, and a luxurious three- story skylit stairway, this home exudes elegance and includes an elevator for easy accessibility. Not to mention, a limestone patio offers direct beach access for the ultimate beachfront lifestyle.

Last Agent to Sell the Property

Josh Morrow

Christie's International Real Estate SoCal License #01720454 Listed on: 11/21/2023

Christie's International Real Estate SoCal

Co-Listed By

Aaron Kirman

Christie's International Real Estate SoCal License #01296524

Last Buyer's Agent

Tara McNabb

Compass License #01871729

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Ocean Front
  • Gated Home

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,274 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Home Office
  • Library
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Spa
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier
  • Water Conditioner

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048-212-30

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

3,200 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4274
  • Lot Acreage: 0.0735
  • Lot Dimensions: 40x80
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 8.00
  • Equipment: Freezer, Microwave, Dishwasher, Electric Dryer Hookup, Elevator, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Conditioner, Water Purifier, Garbage Disposal, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 5498.36

Exterior Features

  • Other Features: Custom Built
  • Other Structures: None
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 048-212-30
  • Lot Size Area: 3200

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Mar 21, 2024
Sold by
Bought by
Seller's Agent
Josh Morrow
Christie's International Real Estate SoCal
Buyer's Agent
Tara McNabb
Compass
List Price
$25,500,000
Sold Price
$17,650,000
Premium/Discount to List
-$7,850,000
-30.78%
Views
325
Current Estimated Value
$12,495,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,154,504
Avg. Annual Appreciation
-14.41%
Original Mortgage
$8,850,000
Interest Rate
6.64%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 14, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,462,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,510,313
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$17,650,000 Socal Title Company
-- None Available
-- None Available
$6,375,000 Lawyers Title Company
$6,375,000 Lawyers Title Insurance Corp
-- Accommodation
-- Chicago
-- Accommodation
-- United Title Company
-- --
-- Landsafe Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $8,850,000
Previous Owner $4,232,900
Previous Owner $2,000,000
Previous Owner $4,462,500
Previous Owner $3,300,000
Previous Owner $500,000
Previous Owner $3,500,000
Previous Owner $3,650,000
Previous Owner $500,000
Previous Owner $500,000
Previous Owner $2,510,313
Previous Owner $2,500,000
Previous Owner $906,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $17,650,000 -24.9% $4,130 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $23,500,000 -7.8% $5,498 / Sq Ft
11/21/2023 11/21/23 For Sale $25,500,000 -- $5,966 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $189,029 $18,363,060 $16,261,621 $2,101,439
2025 $93,503 $18,003,000 $15,942,765 $2,060,235
2024 $93,503 $8,855,917 $7,142,452 $1,713,465
2023 $91,323 $8,682,272 $7,002,404 $1,679,868
2022 $89,821 $8,512,032 $6,865,102 $1,646,930
2021 $88,092 $8,345,130 $6,730,492 $1,614,638
2020 $87,321 $8,259,561 $6,661,479 $1,598,082
2019 $80,731 $7,644,773 $6,530,862 $1,113,911
2018 $67,639 $6,402,806 $6,402,806 $0
2017 $67,711 $6,375,000 $6,277,261 $97,739
2016 $24,307 $2,252,818 $2,137,276 $115,542
2015 $24,103 $2,218,979 $2,105,172 $113,807
2014 $23,462 $2,175,513 $2,063,935 $111,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-334075

The MLS

APN: 048-212-30

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