2156 E Oceanfront, Newport Beach, California 92661, Newport Beach, 92661 - 5 bed, 6 bath

2156 E Oceanfront, Newport Beach, California 92661 home-pic-0
ACTIVE$15,500,000
2156 E Oceanfront, Newport Beach, California 92661
5Beds
6Baths
4,212Sqft
3,480Lot

Price Vs. Estimate

The estimated value ($14,264,497.01) is $1,235,502.99 (7%) lower than the list price ($15,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3480, living area = 4212.

Compared to the nearby listings

Price:$15.50M vs avg $4.22M (+$11,275,000)92%
Size:4,212 sqft vs avg 2,046 sqft92%
Price/sqft:$3.7K vs avg $2.8K81%

More Insights

Built in 2006 (19 years old).
Condition: This property, built in 2006, falls within the 10-20 year age range for a 'Good' rating. The description and images showcase a high-quality, custom-built home with luxurious finishes such as travertine and hardwood flooring, hand-hewn wood beams, and high-end kitchen appliances (Wolf range, Sub-Zero refrigerator). The kitchen features custom white cabinetry and granite countertops, which are well-maintained and 'timeless in style,' indicating good condition, though not necessarily a cutting-edge modern renovation. The bathrooms are described as opulent with features like jetted tubs, suggesting excellent condition. The property is move-in ready with no immediate renovation required. However, the absence of central air conditioning, a significant amenity for a luxury home of this caliber and age, prevents it from reaching an 'Excellent' rating, which typically implies all components are virtually new and meet current top-tier standards without any missing major systems.
Year Built
2006
Close
-
List price
$15.5M
Original List price
$15.5M
Price/Sqft
$3,680
HOA
-
Days on market
-
Sold On
-
MLS number
OC25041302
Home ConditionGood
Features
Excellent View: Bay, Catalina, City Lights, Coastline, Park/Greenbelt, Harbor, Hills, Mountain(s), Ocean, Panoramic, Water
Deck
Patio
ViewBay,Catalina,City Lights,Coastline,Park/Greenbelt,Harbor,Hills,Mountain(s),Ocean,Panoramic,Water

About this home

Is it really possible to have everything you’ve dreamed of in a home? Welcome to one of the finest oceanfront locations with unparalleled views, quality and lifestyle for your enjoyment. This elegant custom estate directly on the sand along coveted Balboa Peninsula, where phenomenal Pacific Ocean, whitewater, channel, sunset, Catalina Island views and crashing waves along the coastline are enjoyed from every level. Overlooking The "Wedge", OC's legendary surf destination, and just three homes from the entrance to Newport Harbor, this European-style villa is located beyond the sand dunes and boardwalk, allowing ocean views and exceptional privacy on the first floor. For the ultimate vantage point, relax and entertain on the rooftop patio, where magnificent views in every direction encompass the ocean, city lights, Fashion Island, rocky coastline and distant mountains. Equally impressive, exquisite interior spaces reveal handcrafted finishes and fixtures that complement an open floorplan of approximately 4,212 square feet. Enjoy 5 ensuite bedrooms plus a loft, including a main-floor guest suite, 5.5 baths, private side entrance with grand semi-circular staircase, a formal dining room, fireplace-warmed living room, distressed beams and a spacious family room with built-in entertainment center and direct access to an on-the-sand stone patio with built-in BBQ. Timeless in style, the chef's kitchen showcases custom white cabinetry with glass uppers, granite countertops, an island with matte stone top and prep sink, and a butler’s pantry. Clerestory windows, a breakfast bar and a farmhouse sink are joined by a Wolf range with custom hood and pot-filler, and a built-in Sub-Zero refrigerator. Spanning the width of the residence, the opulent primary suite invites unsurpassed ocean views into a private sanctuary where vaulted open-beam ceilings harmonize with a sitting room, fireplace and balcony. 2 separate baths, each with its own shower, 2 walk-in closets, and a jetted tub ensure the ultimate in personal comfort. Rich details include hand-hewn wood beams, travertine flooring on the first level, hardwood flooring upstairs, crown molding, plantation shutters, solid wood doors and windows, whole-house audio, an attached 3 car garage, exterior stone accents and an authentic clay-tile roof. A mere 100 yards from West Jetty View Park, this lux home is close to high-end shopping, dining, John Wayne Airport, award-winning schools, and Balboa’s famous Fun Zone and pier

Nearby schools

9/10
Newport Elementary School
Public,PK-62.2mi
7/10
Horace Ensign Intermediate School
Public,7-82.5mi
7/10
Newport Harbor High School
Public,9-122.6mi
Condition Rating
Good

This property, built in 2006, falls within the 10-20 year age range for a 'Good' rating. The description and images showcase a high-quality, custom-built home with luxurious finishes such as travertine and hardwood flooring, hand-hewn wood beams, and high-end kitchen appliances (Wolf range, Sub-Zero refrigerator). The kitchen features custom white cabinetry and granite countertops, which are well-maintained and 'timeless in style,' indicating good condition, though not necessarily a cutting-edge modern renovation. The bathrooms are described as opulent with features like jetted tubs, suggesting excellent condition. The property is move-in ready with no immediate renovation required. However, the absence of central air conditioning, a significant amenity for a luxury home of this caliber and age, prevents it from reaching an 'Excellent' rating, which typically implies all components are virtually new and meet current top-tier standards without any missing major systems.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Oceanfront Location & Panoramic Views: Situated directly on the sand in the coveted Balboa Peninsula, the property offers unparalleled, phenomenal Pacific Ocean, whitewater, channel, sunset, Catalina Island, city lights, and distant mountain views from every level, including a magnificent rooftop patio.
Exceptional Privacy & Direct Beach Access: Located beyond the sand dunes and boardwalk, the property provides exceptional privacy on the first floor and direct access to an on-the-sand stone patio, a rare advantage for oceanfront living.
Luxurious Custom Finishes & High-End Amenities: The European-style villa boasts exquisite interior spaces with handcrafted finishes, a chef's kitchen featuring a Wolf range, Sub-Zero refrigerator, and butler's pantry, along with rich details like hand-hewn wood beams, travertine, hardwood flooring, and whole-house audio.
Spacious & Functional Layout: With approximately 4,212 square feet, the home features an open floorplan, 5 ensuite bedrooms plus a loft, 5.5 baths, a main-floor guest suite, formal dining, and a spacious family room, providing ample and versatile living spaces.
Desirable Lifestyle & Proximity to Amenities: Overlooking 'The Wedge' and just steps from Newport Harbor, the property offers a luxurious coastal lifestyle, with close proximity to West Jetty View Park, high-end shopping, dining, John Wayne Airport, award-winning schools, and Balboa's famous Fun Zone and pier.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3480, living area = 4212.
Significant Price Discrepancy: The current list price of $15,500,000 is notably higher than the estimated property value of $14,264,497, which may indicate an aggressive pricing strategy or require justification for the premium.
Absence of Central Air Conditioning: The property description does not mention a cooling system or central air conditioning, which could be a drawback for some buyers, especially during warmer months in Southern California.
High Ongoing Maintenance Costs: As a luxury oceanfront property with extensive custom finishes and direct exposure to salt air and sand, the home is likely to incur significant ongoing maintenance and upkeep costs.

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