$6,850,000
COMING SOON NEW CONSTRUCTION

Estimated payment $41,388/month

Total Views 145
4 Beds
4.5 Baths
2,520 Sq Ft
2,400 Sq Ft Lot Lot

Highlights

  • Hot Property
  • Beach Front
  • New Construction
  • Newport Elementary School Rated A
  • Ocean View
  • Solar Power System

About This Home

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep. Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation. The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach. What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line. Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion Q1 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change.

Listing Agent

Tyler Brown

Serhant California, Inc Brokerage Phone: 949-220-4409 License #02043514 Listed on: 05/06/2026

Serhant California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Completed in 2027 | New Construction

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 30x80
  • Beach Front
  • Glass Fence
  • Stucco Fence
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Built-In Trash or Recycling Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Home Security System
  • Smart Home
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Solar Power System

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Whole House Fan
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 510
  • Assessor Parcel Number 04808208
  • $560 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Completed in 2027 | New Construction

Lot Details

2,400 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Modern, Contemporary
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04808208
  • Year Built: 2027
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: 34

Interior Features

  • Fireplace: Yes
  • Living Area: 2520.00 Square Feet
  • Interior Amenities: Wired for Data, High Ceilings, Home Automation System, Ceiling Fan(s), Living Room Deck Attached, Recessed Lighting, Open Floorplan, Wired for Sound
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2718.25
  • Room Type: All Bedrooms Up, Multi-Level Bedroom, Primary Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Stone Counters, Exhaust Fan(s), Walk-In Shower, Double Sinks In Primary Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchen Island, Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Ocean, Mountain(s), Pier, City Lights, Neighborhood, Water, Panoramic
  • Fence: Yes
  • Fencing: Glass, Stucco Wall
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Cable Connected, Phone Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Built-In Range, Tankless Water Heater, Barbecue, Vented Exhaust Fan, ENERGY STAR Qualified Water Heater, Water Line to Refrigerator, Electric Oven, Freezer, Dishwasher
  • Electric: 220 Volts in Garage
  • Heating Type: Zoned, Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan, Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains, Sidewalks, Suburban

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Green Features

  • Efficiency: Appliances, HVAC
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size: 30x80
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1, Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Block: 2
  • Tax Lot: 4
  • Tax Tract Number: 510
  • TaxOtherAnnualAssessmentAmount: 560.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $57,841 $5,049,000 $4,986,439 $62,561
2024 $57,841 $5,406,000 $5,304,000 $102,000
2023 $56,778 $5,300,000 $5,200,000 $100,000
2022 $41,369 $3,827,761 $3,777,538 $50,223
2021 $40,812 $3,752,707 $3,703,468 $49,239
2020 $40,425 $3,714,228 $3,665,493 $48,735
2019 $39,613 $3,641,400 $3,593,620 $47,780
2018 $38,916 $3,570,000 $3,523,156 $46,844
2017 $21,756 $1,934,300 $1,878,536 $55,764
2016 $21,299 $1,896,373 $1,841,702 $54,671
2015 $21,286 $1,867,888 $1,814,038 $53,850
2014 $20,797 $1,831,299 $1,778,503 $52,796
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $4,950,000 -2.8% $6,188 / Sq Ft View Prior Sale
04/15/2024 04/15/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $5,095,000 -8.2% $6,369 / Sq Ft
02/13/2024 02/13/24 For Sale $5,550,000 +4.7% $6,938 / Sq Ft
10/03/2022 10/03/22 Sold $5,300,000 -10.1% $6,625 / Sq Ft View Prior Sale
05/23/2022 05/23/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $5,895,000 0.0% $7,369 / Sq Ft
09/18/2017 09/18/17 Rented $3,000 0.0% --
09/14/2017 09/14/17 For Rent $3,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,950,000 Fidelity National Title
Grant Deed $5,300,000 First American Title
Grant Deed $3,500,000 Lawyers Title
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $1,550,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,500,000 New Conventional
Previous Owner $999,999 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26098260

California Regional Multiple Listing Service (CRMLS)

APN: 048-082-08

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