Seller's Agent in 2026
Brad Bankenbush
Douglas Elliman of California - Corona Del Mar
(949) 335-8616
1 in this area
17 Total Sales
218 E Oceanfront Newport Beach, CA 92661
Central Newport Beach Neighborhood
4
Beds
3.5
Baths
2,650
Sq Ft
2,400
Sq Ft Lot
Highlights
- Beach Front
- Property has ocean access
- Primary Bedroom Suite
- Ocean View
- New Construction
- Custom Home
About This Home
As of July 2026As seen in "Architectural Digest", this newly rebuilt oceanfront residence is located on a rare corner lot directly on the sand on Newport Beach’s Balboa Peninsula. Completed in 2024 by Burkhart Brothers Construction, the approximately 2,650 square foot home was designed to capture ocean views from both the main and upper levels. The exterior features a contemporary blend of wood, stone, glass, and standing-seam metal roofing, complemented by professionally designed landscaping and exterior lighting. The interior offers four bedrooms and three and one-half baths with an open and functional layout. The first level opens via a wall of motorized auto-open Awake glass doors to a beachfront patio with built-in BBQ, creating seamless indoor-outdoor living. The main living area includes a great room with fireplace and dining area that flows directly to a kitchen designed for culinary use and gatherings. The kitchen’s large two-tier island is designed for food preparation and serving guests, while polished Calacatta quartzite countertops feature pop-up outlets and waterfall edges. Custom cabinetry provides specialized storage for spices and utensils, with Rev-A-Shelf systems and a roll-out pantry enhancing convenience. Together with its butler’s pantry, the kitchen hosts a full suite of Wolf, Cove, and Sub-Zero appliances. The second level is accessed via a floating three-tier staircase and includes a loft, secondary bedrooms, and a primary suite with vaulted ceilings, fireplace, private ocean-view deck, walk-in closet, and bath with oversized shower and freestanding tub. Richard Marshall hardwood flooring extends throughout the upper level. Additional features include a garage with vehicle lift for a third car, Savant smart-home automation, and designer lighting, plumbing fixtures, and hardware throughout. Conveniently located near the Balboa Pier, Newport Harbor, dining, shopping, and coastal amenities.
Last Agent to Sell the Property
Douglas Elliman of California - Corona Del Mar Brokerage Phone: 949-335-8616 License #02006270 Listed on: 02/01/2026
Co-Listed By
Douglas Elliman of California Brokerage Phone: 949-335-8616 License #01764587
Last Buyer's Agent
Douglas Elliman of California - Corona Del Mar Brokerage Phone: 949-335-8616 License #02006270 Listed on: 02/01/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 2,400 Sq Ft Lot
- Beach Front
- Southwest Facing Home
- Fenced
- New Fence
- Corner Lot
- Density is up to 1 Unit/Acre
Parking
- 3 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Property Views
- Ocean
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
- Mountain
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Metal Roof
Interior Spaces
- 2,650 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Furnished
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Dry Bar
- Vaulted Ceiling
- Recessed Lighting
- ENERGY STAR Qualified Windows
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Home Office
- Library
- Loft
- Bonus Room
- Storage
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Walk-In Pantry
- Butlers Pantry
- Six Burner Stove
- Built-In Range
- Dishwasher
- Wolf Appliances
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Heated Floor in Bathroom
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Freestanding Bathtub
- Multiple Shower Heads
- Linen Closet In Bathroom
Home Security
- Alarm System
- Security Lights
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Balcony
- Patio
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- ENERGY STAR Qualified Water Heater
- Phone Available
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 10 / 1
- Tax Tract Number 510
- Assessor Parcel Number 04808107
- $393 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Built by Burkhart Brothers Construction
- Balboa Peninsula Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
- Water Sports
- Bike Trail
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
Apr 27, 2022
Closed on
Jan 4, 2023
Sold by
Bought by
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Sold Price
$15,000
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$4,560,000
Outstanding Balance
$4,315,989
Interest Rate
4.85%
Mortgage Type
Balloon
Estimated Equity
$5,268,284
Purchase Details
Closed on
Feb 7, 2022
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
$3,675,000
Interest Rate
3.85%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 2, 1998
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
$1,000,000
Interest Rate
6.86%
Purchase Details
Closed on
Dec 2, 1997
Sold by
Bought by
Purchase Details
Closed on
May 11, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,600,000 | Chicago Title | |
| Grant Deed | $5,250,000 | First American Title | |
| Grant Deed | -- | Commonwealth Land Title | |
| Grant Deed | $789,000 | Commonwealth Land Title | |
| Quit Claim Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Closed | $1,000,000 | New Conventional | |
| Closed | $1,000,000 | Construction | |
| Open | $4,560,000 | Balloon | |
| Previous Owner | $3,675,000 | Construction | |
| Previous Owner | $968,500 | Unknown | |
| Previous Owner | $969,999 | Unknown | |
| Previous Owner | $970,000 | Unknown | |
| Previous Owner | $1,000,000 | No Value Available |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2026 07/31/26 | Sold | $9,250,000 | -2.1% | $3,491 / Sq Ft | |
| 07/08/2026 07/08/26 | Pending | -- | -- | -- | |
| 07/01/2026 07/01/26 | Price Changed | $9,450,000 | -5.5% | $3,566 / Sq Ft | |
| 05/18/2026 05/18/26 | Price Changed | $9,995,000 | -4.8% | $3,772 / Sq Ft | |
| 04/08/2026 04/08/26 | Price Changed | $10,495,000 | -4.5% | $3,960 / Sq Ft | |
| 02/01/2026 02/01/26 | For Sale | $10,995,000 | 0.0% | $4,149 / Sq Ft | |
| 01/10/2023 01/10/23 | Rented | $15,000 | 0.0% | -- | |
| 01/09/2023 01/09/23 | Sold | $7,600,000 | +50566.7% | $3,025 / Sq Ft | View Prior Sale |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- | |
| 12/14/2022 12/14/22 | Price Changed | $15,000 | -25.0% | $6 / Sq Ft | |
| 12/03/2022 12/03/22 | Price Changed | $20,000 | 0.0% | $8 / Sq Ft | |
| 11/24/2022 11/24/22 | For Sale | $7,999,000 | 0.0% | $3,184 / Sq Ft | |
| 09/21/2022 09/21/22 | Price Changed | $23,000 | -23.3% | $9 / Sq Ft | |
| 04/29/2022 04/29/22 | Price Changed | $30,000 | -25.0% | $12 / Sq Ft | |
| 04/27/2022 04/27/22 | For Rent | $40,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $86,084 | $8,177,418 | $7,365,103 | $812,315 |
| 2024 | $81,961 | $7,752,000 | $7,220,690 | $531,310 |
| 2023 | $74,159 | $7,038,000 | $6,541,112 | $496,888 |
| 2022 | $27,016 | $2,533,575 | $2,083,007 | $450,568 |
| 2021 | $26,498 | $2,483,898 | $2,042,164 | $441,734 |
| 2020 | $26,244 | $2,458,429 | $2,021,224 | $437,205 |
| 2019 | $25,699 | $2,410,225 | $1,981,592 | $428,633 |
| 2018 | $25,187 | $2,362,966 | $1,942,737 | $420,229 |
| 2017 | $24,741 | $2,316,634 | $1,904,644 | $411,990 |
| 2016 | $24,185 | $2,271,210 | $1,867,298 | $403,912 |
| 2015 | $23,958 | $2,237,095 | $1,839,250 | $397,845 |
| 2014 | -- | $2,193,274 | $1,803,222 | $390,052 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Bankenbush
-
Joshua Altman
Seller Co-Listing Agent in 2026
Joshua Altman
Douglas Elliman of California
(323) 610-0231
3 in this area
505 Total Sales
-
Kimberlee Drake
Seller's Agent in 2023
Kimberlee Drake
Compass
(949) 500-7108
1 in this area
53 Total Sales
-
Kim Bibb
Seller's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
17 in this area
112 Total Sales
-
Courtney Hackbarth
Seller Co-Listing Agent in 2023
Courtney Hackbarth
Compass
(714) 300-5606
1 in this area
44 Total Sales
-
Drew D'Angelo
Buyer's Agent in 2023
Drew D'Angelo
Kase Real Estate
(949) 244-6754
1 in this area
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG26021224
APN: 048-081-07
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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