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218 E Oceanfront, Newport Beach, CA 92661

List Price: $11,995,000On Market FlagOn market
Mar 5, 20252,650 sqft4 beds4 baths
Listed by: John Stanaland
License #: 01223768
Phone #: 949-689-9047
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Source:
CRMLS Logo
MLS #: LG25047863

Property Description

218 Oceanfront: an exceptional and singularly rare residence. Sited on a scarce corner lot, this beachfront home offers the ultimate refined on-the-sand lifestyle. A rigorous to-the-studs reimagining was recently completed, resulting in coveted contemporary lines and breathtaking ocean vistas from both levels. Expert layering of rich, contrasting elements including wood, stone, and glass throughout creates an ambiance of timeless luxury. The main floor invites the exteriors in through a wall of automated glass doors spanning the length of the front, seamlessly connecting an oceanfront patio with the great room. This ample space with a fireplace encompasses a living area, a dining section, and the home’s remarkable kitchen. Anchored by a grand waterfront edge quartzite-topped island, this culinary haven features a combination of Wolf, Cove, and SubZero appliances, bespoke cabinetry, and a large butler’s pantry, adding further functionality to this elegant space. A sleek, floating wood-and-glass staircase connects the two levels, creating a visual statement. The primary suite is all about coastal opulence, with dramatic vaulted ceilings, an ocean-view deck, and a fireplace. With floating double vanities, a freestanding tub, a large shower, and an impressive closet, the exquisite bathroom creates an atmosphere of indulgence. Three secondary bedrooms and a functional loft complete the upper floor. While offering refinement, this residence lacks no conveniences: from an oversized garage with a lift for a third vehicle to a whole-house Savant smart system that controls the home’s automation. Featuring ease of access to the area’s highlights, 218 E Oceanfront offers a premium location on the Balboa Peninsula. Partial seller financing may be available.
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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

$174,084

TurboHome Estimated Value

$11,800,300

$4,453 sqft

High Valuation
$12,390,315
$4676/sqft
Normal Valuation
$11,800,300
$4453/sqft
Low Valuation
$11,210,285
$4230/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$4453/sqft$11,800,300

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$7.10M

$7.78M

$9.10M

$11.99M

612 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $7,100,000

Selected Comparable

200 E Oceanfront, Newport Beach, CA 92661

Sale Price: $7,200,000

Selected Comparable

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $7,780,000

Selected Comparable

1300 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $8,000,000

Selected Comparable

401 N Bay Front, Newport Beach, CA 92662

Sale Price: $9,100,000

Selected Comparable

218 E Oceanfront, Newport Beach, CA 92661

List Price: $11,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
218 E Oceanfront, Newport Beach, CA 92661

218 E Oceanfront, Newport Beach, CA 92661

List: $11,995,000

Listed: 3/5/2025

Area:2,650 sqft
Price/sqft:$4,526
Beds:4
Baths:4
Year Built:
Lot Size:2,400

Comparable Properties

COMPARABLE
Choose comps
1214 E Balboa Blvd, Newport Beach, CA 92661

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale: $7,780,000

6/6/20250.64 mi

Area:2,672 sqft
Price/sqft:$2,912
Beds:4
Baths:4
Year Built:
Weight:24.3%
200 E Oceanfront, Newport Beach, CA 92661

200 E Oceanfront, Newport Beach, CA 92661

Sale: $7,200,000

3/28/20250.05 mi

Area:2,428 sqft
Price/sqft:$2,965
Beds:5
Baths:4
Year Built:
Weight:19.5%
1300 E Balboa Blvd, Newport Beach, CA 92661

1300 E Balboa Blvd, Newport Beach, CA 92661

Sale: $8,000,000

10/3/20240.68 mi

Area:2,706 sqft
Price/sqft:$2,956
Beds:4
Baths:5
Year Built:
Weight:19.5%
401 N Bay Front, Newport Beach, CA 92662

401 N Bay Front, Newport Beach, CA 92662

Sale: $9,100,000

11/6/20240.56 mi

Area:2,645 sqft
Price/sqft:$3,440
Beds:3
Baths:4
Year Built:
Weight:18.7%
612 Harbor Island Dr, Newport Beach, CA 92660

612 Harbor Island Dr, Newport Beach, CA 92660

Sale: $7,100,000

7/17/20250.65 mi

Area:3,337 sqft
Price/sqft:$2,128
Beds:4
Baths:5
Year Built:
Weight:18.0%

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