$7,400,000
$7,599,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
1232 W Oceanfront Newport Beach, CA 92661
2 Beds
2 Baths
1,819 SqFt
Key Details
Sold Price $7,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,819 sqft
Price per Sqft $4,068
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC25011400
Sold Date 05/19/25
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1940
Lot Size 3,733 Sqft
Property Sub-Type Single Family Residence
Property Description
DEVELOPMENT OPPORTUNITY. This is an oversized lot with dimensions 36.5x103'. The beach in front of this house is clear of dunes and plants, making for wide open ocean views on all floors. This lot would allow a ~4,500sqft house with a 3-car garage, the owner is currently in the process of developing the property. The existing home would be livable with cosmetic remodel, but the process for development is being continued by the owner.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 1
Interior
Interior Features Bedroom on Main Level
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Fishing, Park, Storm Drain(s), Street Lights, Suburban, Water Sports
View Y/N Yes
View Ocean
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04724121
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML