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3012 W Oceanfront, Newport Beach, CA 92663

List Price: $7,400,000On Market FlagOn market
Jun 11, 20251,924 sqft4 beds3 baths
Listed by: Tara McNabb
License #: 01871729
Phone #: 949-500-3910
Compass
Source:
CRMLS Logo
MLS #: OC25129292

Property Description

Live in one and rent the other? Lease them both for outstanding income potential? Or transform them into a large private compound? The choice is yours at this front-row oceanfront duplex in Newport Beach. Unobstructed views sweep across the Pacific Ocean and embrace the Newport Pier, romantic sunsets over Catalina Island, and evening lights along the coast as far north as Palos Verdes. Remodeled and upgraded, the duplex presents a total of four bedrooms and three baths in approximately 1,924 square feet and includes an outdoor after-beach shower, two carport spaces and one enclosed garage space. Featuring one bedroom and one bath, the first-level residence is fresh and modern, with a host of desirable appointments, and seamless living areas opening to a large beach-front patio. An updated fireplace surrounded by fashionable tile lends style to the living and dining rooms, while the recently reimagined kitchen shines with quartz countertops, white Shaker cabinetry with glass uppers, a full tile backsplash, and stainless steel appliances. The primary suite features a private ocean-view atrium and a chic ensuite bath with quartz countertop and a sliding glass door to the shower. Three bedrooms, including one with a third-level loft, await in the upper unit, which showcases two luxurious baths, vaulted ceilings, travertine floors, and a large resurfaced ocean-view deck with glass railing. A peninsula bar opens to the dining room from a kitchen with custom wood cabinets and stainless appliances, and the living room displays a handsome fireplace. Custom built-in wardrobes in the primary suite and one secondary bedroom are detailed with translucent glass doors and contemporary wood drawers. Both units offer the advantages of upgraded dual-pane windows and sliding glass doors. Located at the top of the Balboa Peninsula, this turnkey duplex is enviably set near the Balboa Fun Zone, Balboa Island, Fashion Island’s high-end shops and restaurants, Lido Marina Village, beach-front bike paths, and the neighboring communities of Corona del Mar, Newport Coast and Crystal Cove.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$115,530

TurboHome Estimated Value

$7,551,000

$3,925 sqft

High Valuation
$7,928,550
$4121/sqft
Normal Valuation
$7,551,000
$3925/sqft
Low Valuation
$7,173,450
$3728/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3925/sqft$7,551,000

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$4.58M

$4.93M

$5.33M

$7.40M

$8.00M

$10.50M

636 Via Lido Soud, Newport Beach, CA 92663

Sale Price: $4,575,000

Selected Comparable

110 Via Orvieto, Newport Beach, CA 92663

Sale Price: $4,933,227

Selected Comparable

106 33rd St, Newport Beach, CA 92663

Sale Price: $5,325,000

Selected Comparable

3012 W Oceanfront, Newport Beach, CA 92663

List Price: $7,400,000

Subject Property

355 Via Lido Soud, Newport Beach, CA 92663

Sale Price: $8,000,000

Selected Comparable

5405 Seashore Dr, Newport Beach, CA 92663

Sale Price: $10,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3012 W Oceanfront, Newport Beach, CA 92663

3012 W Oceanfront, Newport Beach, CA 92663

List: $7,400,000

Listed: 6/11/2025

Area:1,924 sqft
Price/sqft:$3,846
Beds:4
Baths:3
Year Built:
Lot Size:2,178

Comparable Properties

COMPARABLE
Choose comps
636 Via Lido Soud, Newport Beach, CA 92663

636 Via Lido Soud, Newport Beach, CA 92663

Sale: $4,575,000

6/25/20251.07 mi

Area:2,622 sqft
Price/sqft:$1,745
Beds:4
Baths:3
Year Built:
Weight:20.9%
355 Via Lido Soud, Newport Beach, CA 92663

355 Via Lido Soud, Newport Beach, CA 92663

Sale: $8,000,000

2/18/20250.65 mi

Area:2,038 sqft
Price/sqft:$3,925
Beds:3
Baths:3
Year Built:
Weight:20.7%
106 33rd St, Newport Beach, CA 92663

106 33rd St, Newport Beach, CA 92663

Sale: $5,325,000

7/2/20250.09 mi

Area:2,103 sqft
Price/sqft:$2,532
Beds:3
Baths:4
Year Built:
Weight:20.4%
5405 Seashore Dr, Newport Beach, CA 92663

5405 Seashore Dr, Newport Beach, CA 92663

Sale: $10,500,000

6/26/20250.97 mi

Area:2,456 sqft
Price/sqft:$4,275
Beds:4
Baths:4
Year Built:
Weight:19.2%
110 Via Orvieto, Newport Beach, CA 92663

110 Via Orvieto, Newport Beach, CA 92663

Sale: $4,933,227

7/23/20250.96 mi

Area:2,603 sqft
Price/sqft:$1,895
Beds:4
Baths:4
Year Built:
Weight:18.8%

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