UNDER CONTRACT
$255K PRICE DROP
616 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated payment $38,131/month
Total Views
10,760
4
Beds
3
Baths
1,800
Sq Ft
$3,331
Price per Sq Ft
Highlights
- Beach Front
- White Water Ocean Views
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Property has ocean access
- No HOA
About This Home
Incredible opportunity to own a prime oceanfront property with fully approved plans by renowned architect Chris Light! This property is perfectly positioned on the boardwalk with panoramic Catalina Island, sunset, coastal, and white water views and sits on a block where the rear alley dead-ends on both sides, offering enhanced privacy and less traffic. Located just steps from the sand at 6th Street—known for its great wave break and nearby lifeguard tower—and within walking or biking distance to the Balboa Pier, shops, and restaurants. A rare chance to build your dream home in one of Newport Beach’s most desirable oceanfront locations!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-981-7940 License #02026082 Listed on: 04/07/2025
Co-Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-981-7940 License #01385026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,666
Year Built
- Built in 1979
Lot Details
- 2,124 Sq Ft Lot
- Beach Front
- No Landscaping
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
Property Views
- White Water Ocean
- Coastline
- Catalina
Home Design
- Fixer Upper
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Property has ocean access
- Balcony
Utilities
- Forced Air Heating System
Listing and Financial Details
- Legal Lot and Block 22 / 9
- Tax Tract Number 219
- Assessor Parcel Number 04802406
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Bike Trail
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 | $55,666 | $5,253,000 | $5,056,546 | $196,454 |
| 2023 | $55,982 | $5,304,000 | $5,119,624 | $184,376 |
| 2022 | $2,800 | $231,165 | $108,593 | $122,572 |
| 2021 | $2,749 | $226,633 | $106,464 | $120,169 |
| 2020 | $2,722 | $224,310 | $105,373 | $118,937 |
| 2019 | $2,672 | $219,912 | $103,307 | $116,605 |
| 2018 | $2,622 | $215,600 | $101,281 | $114,319 |
| 2017 | $2,577 | $211,373 | $99,295 | $112,078 |
| 2016 | $2,522 | $207,229 | $97,348 | $109,881 |
| 2015 | $2,496 | $204,117 | $95,886 | $108,231 |
| 2014 | $2,438 | $200,119 | $94,008 | $106,111 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Price Changed | $5,995,000 | -4.1% | $3,331 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $6,250,000 | +21.4% | $3,472 / Sq Ft |
| 05/25/2023 05/25/23 | Sold | $5,150,000 | -2.7% | $2,861 / Sq Ft |
| 05/11/2023 05/11/23 | Price Changed | $5,295,000 | -5.4% | $2,942 / Sq Ft |
| 04/27/2023 04/27/23 | Price Changed | $5,595,000 | -1.8% | $3,108 / Sq Ft |
| 04/07/2023 04/07/23 | Price Changed | $5,695,000 | 0.0% | $3,164 / Sq Ft |
| 04/07/2023 04/07/23 | For Sale | $5,696,000 | +7.5% | $3,164 / Sq Ft |
| 03/10/2023 03/10/23 | Sold | $5,300,000 | -10.0% | $2,931 / Sq Ft |
| 01/13/2023 01/13/23 | For Sale | $5,890,000 | 0.0% | $3,258 / Sq Ft |
| 03/01/2020 03/01/20 | Rented | $5,500 | 0.0% | -- |
| 10/28/2019 10/28/19 | For Rent | $5,500 | +11.1% | -- |
| 11/04/2012 11/04/12 | Rented | $4,950 | -10.0% | -- |
| 11/04/2012 11/04/12 | Under Contract | -- | -- | -- |
| 07/14/2012 07/14/12 | For Rent | $5,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,300,000 | Lawyers Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,180,000 | New Conventional | |
| Previous Owner | $655,000 | Negative Amortization | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25076214
APN: 048-024-06
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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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