616 W Oceanfront Newport Beach, CA 92661
Central Newport Beach Neighborhood
4
Beds
3
Baths
1,808
Sq Ft
2,130
Sq Ft Lot
Highlights
- Beach Front
- Ocean View
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Property has ocean access
- Main Floor Bedroom
About This Home
As of June 2025Newport Beach OCEANFRONT, original condition 4 Bedroom, 3 Bathroom Home for the amazingly low price of $5,890,000. This will go fast!! Sitting on the Center of the Block on the Boardwalk located in a quiet section of the Peninsula, this Value-add Opportunity Offers Whitewater Views from the Front Row on the ground level, as well as from the Master Retreat on the 2nd Floor! Enjoy people watching and Coast to Coast Views, including the Balboa Pier, 6th St Tower, Volleyball Court and Waves Crashing over the sand. This Location has the WOW Factor and is ready for someone with vision and ability to transform this original canvas into a work of art! The back alley on a dead end on either side, offering extreme privacy and no through traffic. 6th street has an awesome wave-break for bodysurfing and has a lifeguard tower close by. Walking/biking distance to the Balboa Pier. Welcome to the Best Deal on the Oceanfront!
Last Agent to Sell the Property
Times Real Estate CA License #01446306 Listed on: 01/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,666
Year Built
- Built in 1979
Lot Details
- 2,130 Sq Ft Lot
- Beach Front
- No Landscaping
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
Property Views
- Ocean
- Panoramic
Interior Spaces
- 1,808 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Disposal
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
- Living Room Balcony
- Patio
Schools
- Newport Elementary School
- Horace Ensign Middle School
- Newport Harbor High School
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jun 17, 2025
Sold by
Dd Real Estate Llc
Bought by
38 Linda Isle Newport Beach Llc
Seller's Agent
Ryan McMillian
Coldwell Banker Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$6,250,000
Sold Price
$5,900,000
Premium/Discount to List
-$350,000
-5.6%
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Purchase Details
Closed on
Nov 14, 2022
Sold by
616 Pcdev Llc
Bought by
Dicarlo Mario and Dicarlo Rosemary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,180,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2007
Sold by
Jones F Richard
Bought by
F R Jones Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
7.08%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 6, 2007
Sold by
Jones Jennifer E
Bought by
Jones F Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
7.08%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 30, 2007
Sold by
Jones F Richard
Bought by
F R Jones Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
7.08%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 28, 2007
Sold by
Jones F Richard
Bought by
Jones F Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
7.08%
Mortgage Type
Negative Amortization
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,900,000 | First American 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Sold | $5,900,000 | -1.6% | $3,278 / Sq Ft |
| 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)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Ryan McMillian
Coldwell Banker Realty
(949) 981-7940
2 in this area
51 Total Sales
-
Seller Co-Listing Agent in 2025
Garrett Weston
Coldwell Banker Realty
(714) 425-6904
1 in this area
129 Total Sales
-
R
Buyer's Agent in 2025
Robert Giem
Plus Real Estate
(949) 933-7046
1 in this area
57 Total Sales
-
Buyer Co-Listing Agent in 2025
Garrett Rau
Plus Real Estate
(949) 554-1200
1 in this area
21 Total Sales
-
Seller's Agent in 2023
Vicki Lee
Compass
(949) 466-3224
11 in this area
26 Total Sales
-
Seller's Agent in 2023
George Hanold
Times Real Estate CA
(949) 836-5479
1 in this area
130 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23006399
APN: 048-024-06
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