3312 W Oceanfront Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $59,155/month
Total Views
1,196
4
Beds
4.5
Baths
2,800
Sq Ft
$3,571
Price per Sq Ft
Highlights
- Beach Front
- White Water Ocean Views
- Roof Top Spa
- Newport Elementary School Rated A
- Property has ocean access
- 4-minute walk to 38th Street Park
About This Home
Discover a rare opportunity to own a modern beachfront home in one of Newport Beach’s most coveted locations. Ideally positioned on the boardwalk at 34th Street, this three-story residence—with a transferable short-term lodging permit—offers sweeping ocean and Catalina Island views, high-end design, and effortless coastal living just steps from the sand.
Designed to maximize natural light and capture panoramic vistas, the home features floor-to-ceiling infinity glass doors on all three levels, seamlessly blending indoor and outdoor spaces. The main level showcases an open-concept layout anchored by a chef’s kitchen with stainless steel appliances, Sub-Zero refrigerator, custom cabinetry, and elegant countertops—perfect for both everyday living and entertaining.
Upstairs, three spacious bedrooms each offer ensuite baths and walk-in closets. The luxurious primary suite opens to a private ocean-facing deck and includes a spa-style bath with soaking tub, steam shower, separate water closet, and expansive closet space. A third-floor bonus room with a full bath opens to the rooftop deck, where a boardwalk-facing hot tub, lounge seating, and retractable awning create the perfect space to unwind or entertain.
Additional amenities include a full-size laundry room with generous storage, smart TVs throughout, USB-integrated outlets, a modern security system with exterior cameras, and a two-car garage with EV charging outlets.
Currently operated as one of Newport Beach’s highest-performing short-term vacation rentals, this property delivers strong, consistent income. It has been professionally managed for over a decade, and the current owner has maintained it in pristine condition. Its prime oceanfront location, turnkey condition, and rare transferable permit make it a standout investment for buyers seeking a hybrid of lifestyle and income potential.
Whether you're looking for a full-time residence, second home, or income-producing coastal retreat, this exceptional property offers immediate value—and a rare chance to own a proven performer in one of Southern California’s most iconic beachfront communities. (Verified income records available upon request; short-term lodging permit transfers to the buyer.)
Listing Agent
Balboa Realty Brokerage Phone: 9495009832 License #01899740 Listed on: 07/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,127
Year Built
- Built in 1957
Lot Details
- 2,250 Sq Ft Lot
- Beach Front
- Southwest Facing Home
- Fenced
- Stucco Fence
- Rectangular Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
Property Views
- White Water Ocean
- Marina
- Coastline
- Back Bay
- Harbor
- Views of a pier
- Catalina
- Panoramic
- City Lights
- Bluff
- Dune
- Canal
- Mountain
- Hills
- Neighborhood
Home Design
- Contemporary Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 2,800 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- Awning
- Family Room with Fireplace
- Combination Dining and Living Room
- Storage
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Microwave
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- All Upper Level Bedrooms
- Soaking Tub
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Roof Top Spa
- Above Ground Spa
Outdoor Features
- Property has ocean access
- Waterfront with Home Across Road
- Ocean Side of Highway 1
- Patio
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- West Newport Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 7 / 33
- Tax Tract Number 512
- Assessor Parcel Number 42334204
- $393 per year additional tax assessments
Map
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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 |
|---|---|---|---|---|
| 2024 | $47,127 | $4,441,509 | $3,969,464 | $472,045 |
| 2023 | $46,027 | $4,354,421 | $3,891,631 | $462,790 |
| 2022 | $45,269 | $4,269,041 | $3,815,325 | $453,716 |
| 2021 | $44,399 | $4,185,335 | $3,740,515 | $444,820 |
| 2020 | $43,974 | $4,142,420 | $3,702,161 | $440,259 |
| 2019 | $43,056 | $4,061,197 | $3,629,570 | $431,627 |
| 2018 | $42,877 | $3,981,566 | $3,558,402 | $423,164 |
| 2017 | $42,272 | $3,903,497 | $3,488,630 | $414,867 |
| 2016 | $40,891 | $3,783,836 | $3,420,225 | $363,611 |
| 2015 | $40,519 | $3,727,000 | $3,368,850 | $358,150 |
| 2014 | $14,139 | $1,241,547 | $895,920 | $345,627 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $10,000,000 | 0.0% | $3,571 / Sq Ft |
| 10/17/2023 10/17/23 | Rented | $19,000 | -8.7% | -- |
| 08/10/2023 08/10/23 | Price Changed | $20,800 | -5.5% | $7 / Sq Ft |
| 08/08/2023 08/08/23 | For Rent | $22,000 | +51.7% | -- |
| 02/05/2020 02/05/20 | Rented | $14,500 | +3.6% | -- |
| 12/05/2019 12/05/19 | Price Changed | $14,000 | -5.4% | $6 / Sq Ft |
| 09/24/2019 09/24/19 | For Rent | $14,800 | +5.7% | -- |
| 10/18/2017 10/18/17 | Rented | $14,000 | -3.4% | -- |
| 06/13/2017 06/13/17 | For Rent | $14,490 | 0.0% | -- |
| 09/04/2014 09/04/14 | Sold | $3,727,000 | -6.8% | $1,380 / Sq Ft |
| 08/23/2014 08/23/14 | Pending | -- | -- | -- |
| 07/21/2014 07/21/14 | Price Changed | $3,999,999 | -7.0% | $1,481 / Sq Ft |
| 07/18/2014 07/18/14 | For Sale | $4,300,000 | -- | $1,593 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $3,727,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $725,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,100,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $325,000 | Purchase Money Mortgage | |
| Previous Owner | $570,000 | No Value Available | |
| Previous Owner | $580,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25146526
APN: 423-342-04
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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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