3407 W Oceanfront, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath
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Newport Beach, California 92663
This Semi-Modern Oceanfront Masterpiece is a Prime Investment Opportunity, listed at $12,750,000—positioned well below the $13,261,873 Fair Market Value by 3%. This valuation gap offers $511,873 in Instant Equity. The residence features a Good Condition Rating with high-end finishes, a custom elevator, and rare three-car parking. Its elevated design provides unobstructed panoramic views of Catalina Island and the coastline. Located within the Newport Elementary School zone, this turnkey sanctuary is ideal for Owner-Occupants or Luxury Lifestyle Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3407 W Oceanfront Subject | $12,500,000* List Price | 3 | 3 | 2,741 | $3,957 | - |
A 118 Via Lido Nord Active | $10,895,000 List Price | 4 | 4 | 2,753 | $3,958 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was extensively renovated to the studs in 2007, placing it within the 10-20 year age bracket for a 'good' rating. It features high-end finishes including a chef's kitchen with Quartz countertops and premium appliances, a spa-inspired primary bath with integrated technology, and upgraded HVAC and plumbing systems, making it fully move-in ready.
Elementary School: Newport Elementary School (9/10).
The property features an elevated first floor situated 3.5 feet above the boardwalk, providing rare unobstructed panoramic views of the Pacific Ocean and Catalina Island while maintaining a degree of privacy from passersby.
Completely remodeled to the studs, the home includes premium upgrades such as a custom elevator, a chef’s kitchen with Quartz countertops, and a spa-inspired primary suite with integrated mirror technology.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2625, living area = 2741.
Direct proximity to the iconic Newport Beach boardwalk can lead to significant foot traffic and noise, potentially impacting the sense of seclusion during peak tourist seasons.
The property lacks a traditional private yard or enclosed garden, with outdoor living restricted to the front porch and balconies, which may not appeal to all luxury buyers.
Experience refined coastal living in this semi-modern oceanfront masterpiece, ideally positioned near the end of the iconic boardwalk of Newport Beach. Taken down to the studs in 2023 and newly constructed, this exceptional residence blends soft contemporary design with thoughtful, high-end upgrades throughout. Offering 3 spacious bedrooms and 3 beautifully appointed baths, the home also includes a private office on the main level that can easily be converted into a 4th bedroom. Designed with convenience in mind, the property features a custom elevator. At the heart of the home is a gorgeous chef’s kitchen, designed to impress both visually and functionally. Showcasing a large center island with, stunning porcelain stoneware countertops, and high-end appliances. The first floor is raised approximately 3.5 feet above the boardwalk, creating one of the closest vantage points available to enjoy unobstructed views of the crashing waves. Full-width sliding glass doors open seamlessly to a large beachside front porch, perfect for soaking in the ocean breeze. From this elevated position, take in panoramic coastline views, glowing sunsets, and even Catalina Island. Upstairs, the primary suite faces straight out to commanding ocean views and opens to a private balcony overlooking the water. The spa-inspired primary bath is truly elaborate, featuring dual under-lit sinks, a spacious walk-in shower, a TV integrated within the mirror, and a custom-designed walk-in closet. Additional features include custom electronic window coverings on nearly every window, upgraded HVAC, upgraded plumbing throughout, and an outdoor shower, perfect after a day of surfing or enjoying the beach. The home is equipped with a security system including exterior cameras for added peace of mind. Practical luxury continues with a spacious two-car garage plus a dedicated parking space behind the garage, an invaluable amenity along the oceanfront. This is a rare opportunity to own a completely reimagined oceanfront home offering contemporary elegance, breathtaking views, convenient access to nearby amenities, and effortless beachfront living in one of Southern California’s most coveted coastal communities.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades PK-6 • 1.1 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 4.0 | 49% |
| Square foot | 2,741 | 2,643 | 51% |
| Lot Size | 2,625 | 4,966 | 16% |
| Price | $12.50M | $4.65M | 90% |
| Price per sq ft | $4.6K | $1.8K | 94% |
| Built year | 2007 | 1964 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 169 | 12% |
Mar 28, 2026
$12,500,000
$12,750,000
-2% Price Drop
Initial Listing
Feb 26, 2026
$12,750,000
Initial Listing
Jun 2, 2021
$6,500,000
Public Record