
Newport Beach, California 92661
This Newly Rebuilt Oceanfront Masterpiece is listed at $10,495,000, representing a stable valuation aligned with its $10,313,186 Fair Market Value. Featured in Architectural Digest, the 2024 residence maintains an Excellent Condition Rating with elite craftsmanship by Burkhart Brothers. The home features a high-end chef's kitchen with Wolf appliances and Savant smart-home automation, all oriented toward panoramic ocean views from a rare corner lot. Located steps from the sand and the 9/10 rated Newport Elementary, this turnkey sanctuary is the definitive choice for Luxury Homebuyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 E Oceanfront Subject | $10,495,000* List Price | 4 | 4 | 2,650 | $3,892 | - |
A 310 E Oceanfront Sold | $8,425,000 | 4 | 4 | 2,576 | $3,271 | 0.0 mi |
B 1344 W Bay Avenue Sold | $10,500,000 | 4 | 3 | 2,922 | $3,593 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2024 newly rebuilt oceanfront residence featuring ultra-premium finishes and state-of-the-art systems. The property includes a high-end chef's kitchen with Wolf, Sub-Zero, and Cove appliances, Calacatta quartzite waterfall countertops, Richard Marshall hardwood flooring, and Savant smart-home automation. All components are brand new, meeting the highest current quality standards with no physical depreciation.
Elementary School: Newport Elementary School (9/10).
Situated on a rare corner lot directly on the sand, this property offers unparalleled beach access and panoramic views of Catalina Island, the coastline, and Newport Harbor.
Featured in Architectural Digest and completed in 2024, the home showcases elite craftsmanship by Burkhart Brothers with motorized glass doors, Savant smart-home automation, and designer finishes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2650, other record living area = 2577.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2400, living area = 2650.
At approximately 2,650 square feet on a 2,400 square foot lot, the property may feel compact for buyers seeking a more expansive estate footprint at this price point.
As seen in "Architectural Digest", this newly rebuilt oceanfront residence is located on a rare corner lot directly on the sand on Newport Beach’s Balboa Peninsula. Completed in 2024 by Burkhart Brothers Construction, the approximately 2,650 square foot home was designed to capture ocean views from both the main and upper levels. The exterior features a contemporary blend of wood, stone, glass, and standing-seam metal roofing, complemented by professionally designed landscaping and exterior lighting. The interior offers four bedrooms and three and one-half baths with an open and functional layout. The first level opens via a wall of motorized auto-open Awake glass doors to a beachfront patio with built-in BBQ, creating seamless indoor-outdoor living. The main living area includes a great room with fireplace and dining area that flows directly to a kitchen designed for culinary use and gatherings. The kitchen’s large two-tier island is designed for food preparation and serving guests, while polished Calacatta quartzite countertops feature pop-up outlets and waterfall edges. Custom cabinetry provides specialized storage for spices and utensils, with Rev-A-Shelf systems and a roll-out pantry enhancing convenience. Together with its butler’s pantry, the kitchen hosts a full suite of Wolf, Cove, and Sub-Zero appliances. The second level is accessed via a floating three-tier staircase and includes a loft, secondary bedrooms, and a primary suite with vaulted ceilings, fireplace, private ocean-view deck, walk-in closet, and bath with oversized shower and freestanding tub. Richard Marshall hardwood flooring extends throughout the upper level. Additional features include a garage with vehicle lift for a third car, Savant smart-home automation, and designer lighting, plumbing fixtures, and hardware throughout. Conveniently located near the Balboa Pier, Newport Harbor, dining, shopping, and coastal amenities.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,650 | 2,561.5 | 63% |
| Lot Size | 2,400 | 2,614 | 33% |
| Price | $10.49M | $5.17M | 79% |
| Price per sq ft | $4.0K | $2.6K | 88% |
| Built year | 2024 | 1959 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 212 | 8% |
Apr 9, 2026
$10,495,000
$10,995,000
-5% Price Drop
Initial Listing
Feb 1, 2026
$10,995,000
Initial Listing
Jan 9, 2023
$7,600,000
Public Record
Apr 12, 2022
$5,250,000
Public Record
Dec 5, 1997
$789,000
Public Record