$9,200,000
SOLD JAN 8, 2026
7 Beds
4 Baths
2,724 Sq Ft
2,452 Sq Ft Lot

Recently Sold

$3,377 Per Sq Ft

8% Below List Price

31 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • No HOA
  • Newport Elementary School Rated A
  • Ocean Side of Freeway
  • 3-minute walk to Channel Place Park

About This Home

As of January 2026

Two active short-term rental permits make this oceanfront seven-bedroom duplex one of the most exclusive and desirable investment opportunities in Newport Beach. With permits nearly impossible to obtain, this property offers immediate income potential and exceptional long-term value. Spanning approximately 2,724 square feet, both residences sit directly on the sand, showcasing sweeping ocean views and effortless indoor-outdoor living. Ideal for a dual-income vacation rental, multi-generational retreat, or a combination of both, this property captures the ultimate coastal lifestyle. A rare four-car garage provides outstanding parking and storage—an uncommon luxury for an oceanfront property. Perfectly positioned along Seashore Drive, this is a one-of-a-kind opportunity to own a fully furnished, income-generating oceanfront duplex in one of Southern California’s most coveted beachfront locations.

Last Agent to Sell the Property

Tara McNabb

Compass Brokerage Email: taralmcnabb@icloud.com License #01871729 Listed on: 11/03/2025

Compass

Last Buyer's Agent

Tara McNabb

Compass Brokerage Email: taralmcnabb@icloud.com License #01871729 Listed on: 11/03/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 2,452 Sq Ft Lot
  • Beach Front
  • Rectangular Lot

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Ocean Side of Freeway

Listing and Financial Details

  • Legal Lot and Block 2 / 41
  • Tax Tract Number 769
  • Assessor Parcel Number 42331405
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

2,452 Sq Ft Lot

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42331405
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2724.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3377.39
  • Room Type: Kitchen

Exterior Features

  • View: Catalina, Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2452.00
  • Lot Size Acres: 0.0563

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2452.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side of Freeway

Tax Info

  • Tax Block: 41
  • Tax Lot: 2
  • Tax Tract Number: 769
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2026 01/08/26 Sold $9,200,000 -8.0% $3,377 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $10,000,000 +25.0% $3,671 / Sq Ft
07/09/2022 07/09/22 Sold $8,002,000 +100.1% $2,938 / Sq Ft View Prior Sale
05/26/2022 05/26/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $4,000,000 -50.0% $1,468 / Sq Ft
05/06/2022 05/06/22 Off Market $8,002,000 -- --
04/05/2022 04/05/22 For Sale $4,000,000 0.0% $1,468 / Sq Ft
05/07/2014 05/07/14 Rented $4,200 0.0% --
04/07/2014 04/07/14 Under Contract -- -- --
02/19/2014 02/19/14 For Rent $4,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $86,438 $8,325,280 $8,116,001 $209,279
2024 $86,438 $8,162,040 $7,956,864 $205,176
2023 $84,422 $8,002,000 $7,800,847 $201,153
2022 $11,129 $1,008,516 $807,363 $201,153
2021 $10,917 $988,742 $791,533 $197,209
2020 $10,812 $978,604 $783,417 $195,187
2019 $10,595 $959,416 $768,056 $191,360
2018 $10,387 $940,604 $752,996 $187,608
2017 $10,204 $922,161 $738,231 $183,930
2016 $9,979 $904,080 $723,756 $180,324
2015 $9,882 $890,500 $712,884 $177,616
2014 $9,650 $873,057 $698,920 $174,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25252893

California Regional Multiple Listing Service (CRMLS)

APN: 423-314-05

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