306 E Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated payment $41,388/month
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
Serhant California, Inc Brokerage Phone: 949-220-4409 License #02043514 Listed on: 05/06/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,500,000 | New Conventional | |
| Previous Owner | $999,999 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26098260
APN: 048-082-08
- 218 E Oceanfront
- 315 E Bay Ave
- 417 E Balboa Blvd
- 211 E Bay Ave
- 307 Fernando St
- 306 Alvarado Place
- 116 E Oceanfront
- 126 E Balboa Blvd
- 122 E Bay Ave
- 310 Fernando St Unit 303
- 310 Fernando St Unit 100
- 409 E Edgewater Ave
- 613 E Balboa Blvd Unit A
- 506 W Oceanfront Unit 2
- 700 E Oceanfront
- 514 W Balboa Blvd
- 522 W Oceanfront
- 524 W Oceanfront
- 612 W Balboa Blvd
- 302 S Bay Front
- 324 E Balboa Blvd Unit B
- 208 E Balboa Blvd
- 500 E Balboa Blvd
- 126 E Balboa Blvd Unit 126 1/2 East Balboa
- 504 E Balboa Blvd
- 206 Adams St
- 206 Adams St Unit 1
- 310 Fernando St
- 310 Fernando St Unit 105
- 413 E Edgewater Ave
- 305 Montero St
- 312 Anade Ave Unit B
- 111 Edgewater Place Unit 111 E Edgewater Ave Unit B
- 305 1/2 Main St Unit 3
- 618 W Balboa Blvd Unit 618 1/2 W Balboa Blvd
- 110 Pearl Ave
- 130 S Bay Front
- 112 Pearl Ave
- 1006 E Balboa Blvd Unit B
- 119 Opal Ave
Ask me questions while you tour the home.