$9,500,000
$500K PRICE DROP

Estimated payment $52,019/month

Total Views 32,983
2 Beds
2.5 Baths
2,706 Sq Ft
$3,511 Price per Sq Ft

Highlights

  • Sea Front
  • Ocean View
  • Private Dock Site
  • Newport Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to 38th Street Park

About This Home

Prestigious Double-Lot Waterfront Estate on Newport Island! Welcome to one of the most exclusive waterfront offerings in Newport Beach. Positioned on a rare double lot along the north side of Newport Island, this exceptional bayfront estate combines timeless design, modern amenities, and an unbeatable location. With 45 feet of water frontage, a private pool, and a full-size boat dock, the property is tailor-made for both elegant entertaining and laid-back coastal living. The expansive open-concept layout is designed for effortless indoor-outdoor flow. A disappearing glass wall opens the main living space to a spacious bayfront terrace, creating the perfect setting for everything from sunset soirees to quiet mornings with coffee by the water. The gourmet kitchen is centered around a large island and equipped with top-of-the-line appliances, sleek cabinetry, and premium finishes. At the front of the home, a beautifully landscaped courtyard and elevated patio lead to a dramatic entry. Upstairs, a second living area currently functions as an office but offers flexibility to suit your lifestyle. The two oversized bedrooms could easily be reimagined to accommodate more, depending on your needs. The primary suite is a private retreat, offering stunning bay views from a large balcony. The spa-inspired bathroom features luxurious finishes, and the walk-in closet is spacious enough to satisfy any wardrobe. Additional amenities include a two-car attached garage and exclusive off-street parking directly in front—an invaluable perk on Newport Island. This is a rare opportunity to live the iconic Newport Beach lifestyle in a truly one-of-a-kind home on the water.

Listing Agent

Sean Jarne

First Team Real Estate Brokerage Email: sean@jarnerealty.com License #01447010 Listed on: 07/07/2025

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,829

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 5,481 Sq Ft Lot
  • Lot Dimensions are 122 x 45
  • Sea Front
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Block Wall Fence
  • Fence is in good condition
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned r1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Bay
  • City Lights
  • Canal

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,706 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Pool

  • Exercise
  • Heated Above Ground Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 539
  • Tax Tract Number 164
  • Assessor Parcel Number 42306108
  • $393 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,829

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Firewall(s), Smoke Detector(s)
  • View: Yes
  • Well Report: No
  • Zoning: r1
  • Architectural Style: Colonial, Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42306108
  • Year Built: 2008
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2706.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Brick Walls, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3510.72
  • Room Type: All Bedrooms Up, Family Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Dock Private, Lighting
  • View: Bay, Canal, City Lights, Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Builder Name: unknown
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch
  • Pool Features: Private, Above Ground, Exercise Pool, Heated
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Watersports, Sidewalks, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size: 122 x 45
  • Lot Size Sq Ft: 5481.00
  • Lot Size Acres: 0.1258

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5481.0000 Square Feet
  • Number Of Units In Community: 150
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Canal Front, Includes Dock, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front, Seawall

Tax Info

  • Tax Block: 539
  • Tax Census Tract: 635.00
  • Tax Lot: 5
  • Tax Model: 1
  • Tax Tract: 164
  • Tax Tract Number: 164
  • TaxOtherAnnualAssessmentAmount: 393.00

Map

Range of Values:

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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 $19,829 $1,884,081 $1,378,174 $505,907
2024 $19,829 $1,847,139 $1,351,151 $495,988
2023 $19,364 $1,810,921 $1,324,658 $486,263
2022 $19,042 $1,775,413 $1,298,684 $476,729
2021 $18,604 $1,740,601 $1,273,219 $467,382
2020 $18,425 $1,722,754 $1,260,164 $462,590
2019 $18,043 $1,688,975 $1,235,455 $453,520
2018 $17,683 $1,655,858 $1,211,230 $444,628
2017 $17,369 $1,623,391 $1,187,481 $435,910
2016 $16,978 $1,591,560 $1,164,197 $427,363
2015 $16,817 $1,567,654 $1,146,710 $420,944
2014 $16,419 $1,536,946 $1,124,247 $412,699
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Price Changed $9,500,000 -5.0% $3,511 / Sq Ft
09/23/2025 09/23/25 For Sale $9,999,999 0.0% $3,695 / Sq Ft
09/22/2025 09/22/25 Off Market $9,999,999 -- --
07/07/2025 07/07/25 For Sale $9,999,999 -- $3,695 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Grant Deed $1,500,000 Equity Title Orange County-I
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Chicago Title Co
Individual Deed -- Lawyers Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $311,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG25145714

California Regional Multiple Listing Service (CRMLS)

APN: 423-061-08