$10,000,000
UNDER CONTRACT

Estimated payment $62,238/month

Total Views 3,710
7 Beds
4 Baths
2,724 Sq Ft
$3,671 Price per Sq Ft

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

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.

Listing 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

0

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: UnderContract

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: 3671.07
  • 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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25252893

California Regional Multiple Listing Service (CRMLS)

APN: 423-314-05