524 W Oceanfront, Newport Beach, California 92661, Newport Beach, 92661 - 11 bed, 12 bath
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Newport Beach, California 92661
Analysis of 524 W Oceanfront, Newport Beach, California 92661 is currently available with a list price of $15,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
Built in 2016, this luxury beachfront estate is in pristine condition, featuring high-end modern finishes such as a designer kitchen with premium stainless steel appliances, wide-plank hardwood flooring, and custom architectural details like accordion glass doors and vaulted ceilings. The property shows no signs of wear and meets the highest quality standards for a nearly new home.
Elementary School: Newport Elementary School (9/10).
Situated on a rare corner lot on the Newport Peninsula boardwalk, this property offers direct sand access and uninterrupted panoramic views of the Pacific Ocean and Catalina Island.
With 11 spacious bedrooms—each featuring a dedicated private bath—and over 6,200 square feet of living space, this residence is a premier legacy estate designed for multi-generational living or large-scale entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6249, other record living area = 5787. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 11, other record bedroom count = 9.
The prime location directly on the Newport Peninsula boardwalk results in high pedestrian activity, which may impact the sense of privacy for residents using the ground-floor patio and outdoor spaces.
The combination of a massive 11-bedroom floor plan and direct oceanfront exposure necessitates substantial and frequent maintenance to combat salt air corrosion and manage the extensive interior systems.
A rare opportunity to own two homes side by side—purchase this property along with the neighboring residence and create your own expansive coastal retreat! A true legacy estate—never before on the market—set directly on the sand with uninterrupted, panoramic water views. Introducing a once-in-a-lifetime opportunity: an iconic, never-before-offered beachfront family compound with sweeping panoramic ocean views. Seize a rare corner lot on the Newport Peninsula boardwalk offering an unparalleled lifestyle for those with discerning tastes. Step into a realm where luxury seamlessly blends with an idyllic location sited on a prized parcel of land, a scarce find that promises a luxurious family enclave by the ocean. Nestled in a prestigious area renowned for its esteemed community and proximity to the Newport Harbor Yacht Club, this exclusive oceanfront residence offers 11BD, 12BA, approximately 6,249 sq. ft, plus a 4-CAR Attached Garage, 5-CAR uncovered parking spaces, a rooftop deck, a private patio, primary suite expansive balcony, and an elevator! Exuding refined craftsmanship, this home presents a collection of unparalleled upgrades, including accordion panel doors, French doors, wainscoting, custom accented ceilings and built-ins, crown molding, built-in surround sound system, security system, premium hardwood flooring, custom fitted plantation shutters, built-in fireplaces, ceiling fans, & LED recessed lighting! A culinary-grade designer kitchen with butcher block kitchen island, granite countertops, subway tile backsplash, white shaker door glass-fronted cabinetry with soft-close hardwood drawers, walk-in pantry, & equipped with top-of-the-line stainless steel appliances (built-in refrigerator, double oven, cooktop, range, microwave, & dishwasher)! Ensuring comfort for all, all eleven spacious bedrooms feature a dedicated private bath! Live where others vacation—experience Newport Beach lifestyle at its finest— zoned Newport Mesa Unified and within walking distance to Balboa Pier, Balboa Fun Zone, Balboa Island Ferry and just minutes to Newport Beach Pier, Lido Marina Village, Newport Harbor Yacht Club, Newport Beach Country Club, Hoag, Back Bay, Pelican Hill Resort, Fashion Island, South Coast Plaza, & John Wayne Airport!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 11.0 | 3.5 | 96% |
| Baths | 12.0 | 4.0 | 96% |
| Square foot | 6,249 | 2,561.5 | 92% |
| Lot Size | 5,250 | 2,614 | 92% |
| Price | $15.00M | $5.17M | 92% |
| Price per sq ft | $2.4K | $2.5K | 42% |
| Built year | 2016 | 1959 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 212 | 4% |
Apr 14, 2026
$15,000,000
Initial Listing
Apr 17, 2013
$1,900,000
Public Record