916 E Oceanfront, Newport Beach, California 92661, Newport Beach, 92661 - 5 bed, 4 bath

916 E Oceanfront, Newport Beach, California 92661 home-pic-0

916 E Oceanfront

Newport Beach, California 92661

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
4Baths
2,501Sq Ft
2,614Lot Size

Property Price

LIST PRICE$6,600,000

SUMMARY

Analysis of 916 E Oceanfront, Newport Beach, California 92661 is currently available with a list price of $6,600,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property, though built in 1972, has been 'completely remodeled' as stated in the description, which is strongly supported by the images. Both units feature modern white shaker cabinets, granite countertops, new stainless steel appliances, contemporary subway tile backsplashes, and updated fixtures in the kitchens and bathrooms. Flooring is either modern plank (lower unit) or clean tile (upper unit). Recessed lighting, modern ceiling fans, and high-end features like moving glass walls indicate a very recent and extensive renovation, meeting current quality standards with virtually new components and no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Unparalleled Oceanfront Location

    The property is situated directly on the iconic Balboa boardwalk with immediate beach access, offering a coveted coastal lifestyle and prime real estate value.

  • Exceptional Income Potential

    As a duplex with highly sought-after Short Term Lodging Permits (STLP), it presents a significant opportunity for robust rental income in a high-demand area.

CONSRISKS & DEFICIENCIES

  • Premium Price Point & Market Adjustment

    The property carries a high list price of $6.6 million, and a recent price reduction from $6.95 million indicates potential market sensitivity or initial overpricing.

  • Limited Lot Size

    The 2614 sqft lot is relatively compact, which is common for oceanfront properties but offers minimal private outdoor space beyond the patios/balconies.

  • High Foot Traffic & Noise Exposure

    Its direct location on the 'iconic boardwalk' means constant public activity and potential noise, which may not suit buyers seeking a quiet, secluded environment.

About 916 E Oceanfront

Discover the coastal dream at 916 E Oceanfront—a rare and completely remodeled oceanfront duplex perched right on the iconic boardwalk, where the sand, surf, and vibrant Balboa lifestyle beckon. This prime property offers two distinct gem units! The lower unit features a chic 2-bedroom, 2-bath retreat with coveted STLP permits, a sprawling open floor plan with moving glass walls the entire length of the living room opening to the patio with phenomenal boardwalk and ocean views! The upper unit consists of 3-bedrooms, 2-baths, with STLP permits, and offers a private balcony showcasing jaw-dropping, panoramic ocean views that stretch to the horizon. There is also a 3-Car Garage great for hassle-free coastal living. Wake up to the rhythm of the tide, with the beach, the boardwalk, and lush Balboa Park right at your doorstep! This property is also conveniently located just two blocks from the historic Balboa Pier, and the lively Balboa Village, which offers eclectic shops, top-notch dining, bars, and endless seaside adventures. This isn’t just a Duplex, it’s a front-row seat to paradise! Schedule your tour today!

Property Details

Public Facts

Property Type
Duplex
Year Built
1972
Lot Size
2,614 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Elementary School

Grades PK-6 • 1.3 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 1.6 mi

7/10

Newport Harbor High School

Grades 9-12 • 1.8 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.05.0
50%
Baths4.02.0
67%
Square foot2,5012,516
33%
Lot Size2,6144,065
33%
Price$6.60M$6.60M
50%
Price per sq ft$2.6K$2.6K
67%
Built year19721948
67%
HOA$0$0
50%
Days on market205275
33%

Pricing History

Listed for Sale

Jan 8, 2026

$6,600,000

$6,950,000

-5% Price Drop

Initial Listing

Price Change

Aug 14, 2025

$6,950,000

Initial Listing

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