706 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated payment $101,826/month
Highlights
- Very Popular Property
- Beach Front
- Roof Top Spa
- Newport Elementary School Rated A
- Ocean View
- 3 Car Direct Access Garage
About This Home
Commanding a rare double-lot along the pristine sands of Newport Beach, this newly completed architectural masterpiece stands as a statement of modern coastal luxury. With over 60 feet of coveted ocean frontage, the residence encompasses more than 4,400 square feet of meticulously composed interiors, complemented by expansive terraces that capture uninterrupted views of the Pacific. Every detail reflects a refined sensibility — soaring ceilings, limestone floors, and walls of glass that dissolve the boundary between inside and out. The primary suite is a sanctuary unto itself, offering a spa-inspired bath with infrared sauna, two state of the art walk in closets, and dual vanities. Designed for both relaxation and entertaining, the home features a chef’s kitchen appointed with Miele, Wolf, and Sub-Zero appliances, a bonus lounge with wet bar, a fitness studio overlooking the ocean, and a rooftop retreat with a full outdoor kitchen and panoramic vistas of the ocean and bay. A Boutique Luxury elevator, advanced smart home systems, solar integration with Tesla backup, and a climate-controlled three-car garage further distinguishes this exceptional estate. Poised on one of the most exclusive stretches of the California coastline, 706 W Oceanfront offers an unparalleled opportunity to embrace the quintessential Newport Beach lifestyle at the water’s edge.
Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 09/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $103,692
Year Built
- Built in 2023
Lot Details
- 4,200 Sq Ft Lot
- Beach Front
- Property fronts an alley
Parking
- 3 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
Property Views
- Ocean
- Bay
- Catalina
- City Lights
Home Design
- Custom Home
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Metal Roof
Interior Spaces
- 4,489 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- Bar
- Ceiling Fan
- Double Door Entry
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Den
- Bonus Room
- Sauna
- Home Gym
- Stone Flooring
- Home Security System
- Laundry Room
Kitchen
- Open to Family Room
- Walk-In Pantry
- Built-In Range
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wolf Appliances
- Kitchen Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Separate Shower
- Closet In Bathroom
Outdoor Features
- Roof Top Spa
- Balcony
- Covered Patio or Porch
- Outdoor Grill
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Air
- Heating Available
- 220 Volts in Garage
- Water Softener
- Cable TV Available
Additional Features
- Accessible Parking
- Solar owned by seller
Listing and Financial Details
- Legal Lot and Block 25 / 8
- Tax Tract Number 219
- Assessor Parcel Number 04802310
- $1,111 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Water Sports
- Bike Trail
Map
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 |
|---|---|---|---|---|
| 2025 | $103,692 | $9,944,093 | $8,409,317 | $1,534,776 |
| 2024 | $103,692 | $9,749,111 | $8,244,428 | $1,504,683 |
| 2023 | $100,198 | $9,405,931 | $8,082,772 | $1,323,159 |
| 2022 | $89,677 | $8,391,097 | $7,924,287 | $466,810 |
| 2021 | $83,516 | $7,768,909 | $7,768,909 | $0 |
| 2020 | $87,680 | $8,160,000 | $7,689,249 | $470,751 |
| 2019 | $8,600 | $647,123 | $206,621 | $440,502 |
| 2018 | $8,611 | $634,435 | $202,570 | $431,865 |
| 2017 | $8,519 | $621,996 | $198,598 | $423,398 |
| 2016 | $8,334 | $609,800 | $194,703 | $415,097 |
| 2015 | $8,584 | $600,641 | $191,779 | $408,862 |
| 2014 | $8,403 | $588,876 | $188,023 | $400,853 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $17,490,000 | +123.5% | $3,896 / Sq Ft |
| 07/05/2019 07/05/19 | Sold | $7,825,000 | -13.0% | $2,444 / Sq Ft |
| 05/30/2019 05/30/19 | For Sale | $8,995,000 | -- | $2,809 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $8,000,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,800,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $750,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25195952
APN: 048-023-10
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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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