2712 W Oceanfront, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath
2712 W Oceanfront
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 2712 W Oceanfront, Newport Beach, California 92663 reveals a property with a current list price of $7,850,000, which is 16% above the estimated $6,765,007 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2712 W Oceanfront Subject | $7,850,000* List Price | 3 | 3 | 1,976 | $3,424 | - |
A 1924 W Oceanfront Sold | $6,000,000 | 4 | 4 | 2,084 | $2,879 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property underwent an extensive high-end remodel in 2014, which falls within the 5 to 15-year window for a 'good' rating. It features premium finishes including Miele appliances, DuChateau European oak flooring, and Crema Marfil marble countertops. While the home is move-in ready and luxury-tier, the renovation age exceeds the 5-year threshold required for an 'excellent' score.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Prime Oceanfront Location
Situated on a highly desirable stretch of Newport Beach with direct beach access and unobstructed panoramic views of the Pacific Ocean and Catalina Island.
- Luxury Modern Remodel
Completely updated in 2014 with premium finishes including Miele appliances, Crema Marfil marble, and DuChateau European oak flooring, offering a turnkey coastal lifestyle.
CONSRISKS & DEFICIENCIES
- 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 = 1875, living area = 1976.
- High Price Per Square Foot
With a listing price of $7.85M for under 2,000 square feet, the property commands a significant premium that may challenge appraisal values or budget-conscious luxury buyers.
- Compact Lot Size
The 1,875-square-foot lot is relatively small, leaving little room for traditional yard space or expansion beyond the existing footprint.
About 2712 W Oceanfront
Enjoy panoramic ocean views and sunsets from 2712 West Oceanfront completely remodeled in 2014, located on one of the most desirable stretches of sand in Southern California. This oceanfront home features an open-concept layout that connects indoor and outdoor living, with whitewater views and Catalina sunsets throughout. DuChateau European oak flooring, a fireplace, and an oceanfront terrace highlight the main living areas. The kitchen is equipped with Miele appliances, Crema Marfil marble countertops, wine refrigeration, and a walk-in pantry. The upstairs primary suite includes vaulted ceilings, shoreline views, a private terrace, and a spa-style bath with steam shower, soaking tub, dual vanities, and walk-in closet. Two additional guest bedrooms offer vaulted ceilings and hardwood flooring, with one currently configured as a home office with custom built-ins. Additional features include a security system, motorized awnings, custom window treatments, outdoor beach shower, whole-house water system, landscaped patios, and an epoxy-finished two-car garage. Located with direct beach access near the dining, shopping, and entertainment of Newport Peninsula
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 1,875 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 0.7 mi
Newport Elementary School
Grades PK-6 • 0.8 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 1,976 | 2,569 | 28% |
| Lot Size | 1,875 | 4,425.5 | 11% |
| Price | $7.85M | $4.47M | 87% |
| Price per sq ft | $4.0K | $1.8K | 96% |
| Built year | 1988 | 1963 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 219 | 6% |
Pricing History
Listed for Sale
Feb 24, 2026
$7,850,000
Initial Listing
Sold
Jan 4, 2022
$6,600,000
Public Record