
Newport Beach, California 92661
This Stunning Oceanfront Sanctuary is listed at $9,995,000, offering exceptional value near its $10,186,366 Fair Market Value. Featuring a recently remodeled kitchen, high-end primary suite, and panoramic ocean views, the property boasts an Excellent Condition Rating requiring no immediate work. Situated in the Newport Mesa Unified district with access to top-rated schools like Newport Elementary, this listing combines financial stability with coastal luxury. The inclusion of a transferable short-term rental permit and dual-parcel potential makes this an ideal acquisition for Luxury Homeowners or Strategic Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 E Oceanfront Subject | $9,995,000* List Price | 3 | 3 | 2,640 | $3,858 | - |
A 1516 E Ocean Front Sold | $10,600,000 | 5 | 4 | 3,083 | $3,438 | 0.5 mi |
B 409 E Edgewater Active | $9,480,000 List Price | 4 | 3 | 2,732 | $3,470 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1983, the property has undergone a comprehensive recent renovation. The listing and images confirm a newly remodeled kitchen and a high-end primary bathroom with a freestanding soaking tub and modern walk-in shower. The interior finishes, including flooring and paint, are in mint condition, qualifying it as a recent renovation (<5 years) with no maintenance required.
Elementary School: Newport Elementary School (9/10).
The offering includes two adjacent parcels, providing a rare gated parking area for approximately ten vehicles or the significant potential to develop a second buildable lot.
Positioned on the front row of the Balboa Peninsula boardwalk, the property delivers unobstructed panoramic views of the Pacific Ocean, Catalina Island, and year-round sunsets.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 2303.
The boardwalk-front location experiences high pedestrian traffic, which may impact the sense of privacy for residents, particularly during peak summer months.
Built in 1983, the home’s interior architecture and layout may feel dated to buyers seeking the ultra-modern aesthetic common in newer Newport Beach luxury developments.
Two properties offered together for one price (920 E Oceanfront and 923 E Balboa Blvd). This ultimate beach house is located on the highly coveted Newport Beach peninsula, with charming interior architecture set against a stunning backdrop of fabulous panoramic ocean, Catalina and sunset views. The front row property is an ideal primary residence or vacation home with an extra large patio on the boardwalk. Ready to enjoy and recently updated throughout, the main level features a spacious living room with high ceilings, beautiful brick gas fireplace, elevated dining room, newly remodeled kitchen and full bath. Extra-large primary bedroom with cozy gas fireplace, window seat and corner balcony offer spectacular ocean views at every turn. The ensuite primary bath has dual sinks, freestanding soaking tub and walk-in shower. Two bright guest bedrooms, central guest bath and two additional bonus rooms - ideal for office, exercise room and/or guest spaces, complete the second level. An attached two car garage offers a large mezzanine storage space. The adjacent parcel located directly behind the home currently offers private gated parking for approximately ten vehicles or could be a separate buildable lot. Current short-term rental permit for the home is transferable to the new owner. Close to shops, local dining, the Balboa Ferry, great local schools and recreational opportunities make this the perfect home throughout the year.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 2,640 | 2,715 | 48% |
| Lot Size | 4,792 | 3,058 | 87% |
| Price | $9.99M | $6.42M | 70% |
| Price per sq ft | $3.8K | $2.4K | 91% |
| Built year | 1983 | 1983 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 157 | 4% |
May 28, 2026
$9,995,000
Initial Listing