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706 W Oceanfront, Newport Beach, CA 92661

List Price: $18,350,000On Market FlagOn market
Mar 16, 20254,270 sqft4 beds6 baths
Listed by: James Gray
License #: 01065395
Phone #: 949-673-7600
Arbor Real Estate
Source:
CRMLS Logo
MLS #: NP25057409

Property Description

Experience the pinnacle of beachfront luxury in this extraordinary home. One of fewer than twenty properties on the entire Newport Beach oceanfront boasting over 60 feet of prime frontage, this newly built (2023) architectural gem offers an unparalleled coastal living experience. With 4,270 square feet of meticulously designed living space, plus 1,083 square feet of deck space, this four-bedroom, four-bathroom estate (plus two powder baths) blends modern sophistication with breathtaking ocean views. Every inch of this home showcases top-tier craftsmanship and cutting-edge technology. Soaring 9-foot+ ceilings, limestone flooring, and wall-to-wall Fleetwood doors seamlessly connect the indoors with the spectacular beachfront surroundings. The primary suite is a true retreat, featuring a spa-like bath with an infrared sauna, Samsung AirDresser, his-and-her water closets with Kohler Veil commodes, and dual Brown Safes. The chef’s kitchen is equipped with Miele, Wolf, and Sub-Zero appliances and walk-in pantry, while the bonus room includes a sink, fridge/freezer drawers, and an ice maker. A gym with panoramic ocean views makes every workout extraordinary. Designed for effortless luxury, this estate is outfitted with a Lutron smart home system, whole house water filtration system, electronic shades, WiFi, and a cellular booster. A rooftop deck with a full outdoor kitchen (BBQ, refrigerator, ice maker, sink) provides mesmerizing ocean and bay views, making it the ultimate space for relaxation and entertainment. This home is not only stunning but also highly efficient, featuring a 33-panel solar system with two Tesla solar batteries for backup power. The Boutique Luxury elevator, Fleetwood windows and doors, flush baseboards with reglet detail, and custom trestle interior doors with concealed hinges further highlight the precision and quality of this extraordinary residence. With a three-car air conditioned garage, there is ample space for vehicles and storage, ensuring both convenience and security. This one-of-a-kind double-lot estate offers an unrivaled oceanfront location, providing an exclusive opportunity to own a premier property on the Newport Beach Oceanfront.
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

$227,025

TurboHome Estimated Value

$16,742,500

$3,921 sqft

High Valuation
$17,579,625
$4117/sqft
Normal Valuation
$16,742,500
$3921/sqft
Low Valuation
$15,905,375
$3725/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3921/sqft$16,742,500

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$12.50M

$12.85M

$13.50M

$15.05M

$18.10M

$18.35M

9 Beacon Bay, Newport Beach, CA 92660

Sale Price: $12,500,000

Selected Comparable

815 Via Lido Soud, Newport Beach, CA 92663

Sale Price: $12,850,000

Selected Comparable

624 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $13,500,000

Selected Comparable

323 Morning Star Ln, Newport Beach, CA 92660

Sale Price: $15,050,000

Selected Comparable

816 Via Lido Nord, Newport Beach, CA 92663

Sale Price: $18,100,000

Selected Comparable

706 W Oceanfront, Newport Beach, CA 92661

List Price: $18,350,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
706 W Oceanfront, Newport Beach, CA 92661

706 W Oceanfront, Newport Beach, CA 92661

List: $18,350,000

Listed: 3/16/2025

Area:4,270 sqft
Price/sqft:$4,297
Beds:4
Baths:6
Year Built:
Lot Size:4,200

Comparable Properties

COMPARABLE
Choose comps
624 Harbor Island Dr, Newport Beach, CA 92660

624 Harbor Island Dr, Newport Beach, CA 92660

Sale: $13,500,000

6/16/20250.80 mi

Area:4,359 sqft
Price/sqft:$3,097
Beds:5
Baths:6
Year Built:
Weight:21.7%
815 Via Lido Soud, Newport Beach, CA 92663

815 Via Lido Soud, Newport Beach, CA 92663

Sale: $12,850,000

5/15/20250.39 mi

Area:3,809 sqft
Price/sqft:$3,374
Beds:5
Baths:6
Year Built:
Weight:20.4%
816 Via Lido Nord, Newport Beach, CA 92663

816 Via Lido Nord, Newport Beach, CA 92663

Sale: $18,100,000

7/31/20250.49 mi

Area:3,372 sqft
Price/sqft:$5,368
Beds:3
Baths:6
Year Built:
Weight:19.5%
9 Beacon Bay, Newport Beach, CA 92660

9 Beacon Bay, Newport Beach, CA 92660

Sale: $12,500,000

11/14/20240.71 mi

Area:3,821 sqft
Price/sqft:$3,271
Beds:4
Baths:5
Year Built:
Weight:19.3%
323 Morning Star Ln, Newport Beach, CA 92660

323 Morning Star Ln, Newport Beach, CA 92660

Sale: $15,050,000

8/4/20251.43 mi

Area:4,993 sqft
Price/sqft:$3,014
Beds:5
Baths:6
Year Built:
Weight:19.1%

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