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Sold for $4,950,000 on 04/19/24
  • Listing Provided by: 

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty

    Bought with: Compass
    $4,950,000

    306 E Oceanfront, Newport Beach, CA 92661

    3beds
    800sqft
    Duplex
    Built in 1922
    2,400 Square Feet Lot
    $5,379,700 Zestimate®
    $6,188/sqft
    $5,548 Estimated rent

    Owner options

    List your home for rent

    $5,548/mo

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    $5,548/mo

    Rent Zestimate®

    Refinance and save

    $30,513/mo

    Est. payment

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    $30,513/mo

    Est. payment

    What's special

    Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!

    Zillow last checked: 8 hours ago

    Listing updated: April 19, 2024 at 09:57am

    Listing Provided by:

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Tara McNabb, DRE #01871729

    Compass

    Source: CRMLS,MLS#: NP24028668MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    • Laundry: In Garage
    Features
    • Breakfast Bar, Separate/Formal Dining Room
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Dining Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Enclosed, See Remarks
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Beach Front, Ocean Front
    Lot
    • Size: 2,400 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 04808208
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
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    Estimated market value
    $5,379,700