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916 E Oceanfront, Newport Beach, CA 92661

List Price: $6,995,000On Market FlagOn market
Apr 11, 20252,501 sqft5 beds4 baths
Listed by: John Jones
License #: 01978786
Phone #: 949.244.9419
Redfin
Source:
CRMLS Logo
MLS #: OC25074181

Property Description

$705K PRICE IMPROVEMENT! - Discover the coastal dream at 916 E Oceanfront—a rare and completely remodeled oceanfront duplex perched right on the iconic boardwalk, where the sand, surf, and vibrant Balboa lifestyle beckon. This prime property offers two distinct gem units! The lower unit features a chic 2-bedroom, 2-bath retreat with coveted STLP permits, a sprawling open floor plan with moving glass walls the entire length of the living room opening to the patio with phenomenal boardwalk and ocean views! The upper unit consists of 3-bedrooms, 2-baths, with STLP permits, and offers a private balcony showcasing jaw-dropping, panoramic ocean views that stretch to the horizon. There is also a 3-Car Garage great for hassle-free coastal living. Wake up to the rhythm of the tide, with the beach, the boardwalk, and lush Balboa Park right at your doorstep! This property is also conveniently located just two blocks from the historic Balboa Pier, and the lively Balboa Village, which offers eclectic shops, top-notch dining, bars, and endless seaside adventures. This isn’t just a Duplex, it’s a front-row seat to paradise! Schedule your tour today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$115,143

TurboHome Estimated Value

$7,335,600

$2,933 sqft

High Valuation
$7,702,380
$3080/sqft
Normal Valuation
$7,335,600
$2933/sqft
Low Valuation
$6,968,820
$2786/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2933/sqft$7,335,600

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$4.44M

$7.00M

$7.78M

$8.70M

$10.00M

205 Garnet Ave, Newport Beach, CA 92662

Sale Price: $4,437,500

Selected Comparable

916 E Oceanfront, Newport Beach, CA 92661

List Price: $6,995,000

Subject Property

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

1411 E Bay Ave, Newport Beach, CA 92661

Sale Price: $8,700,000

Selected Comparable

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $10,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
916 E Oceanfront, Newport Beach, CA 92661

916 E Oceanfront, Newport Beach, CA 92661

List: $6,995,000

Listed: 4/11/2025

Area:2,501 sqft
Price/sqft:$2,797
Beds:5
Baths:4
Year Built:
Lot Size:2,614

Comparable Properties

COMPARABLE
Choose comps
200 E Oceanfront, Newport Beach, CA 92661

200 E Oceanfront, Newport Beach, CA 92661

Sale: $7,200,000

3/28/20250.43 mi

Area:2,428 sqft
Price/sqft:$2,965
Beds:5
Baths:4
Year Built:
Weight:23.5%
1411 E Bay Ave, Newport Beach, CA 92661

1411 E Bay Ave, Newport Beach, CA 92661

Sale: $8,700,000

6/17/20250.41 mi

Area:2,548 sqft
Price/sqft:$3,414
Beds:4
Baths:4
Year Built:
Weight:20.7%
1214 E Balboa Blvd, Newport Beach, CA 92661

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale: $7,780,000

6/6/20250.27 mi

Area:2,672 sqft
Price/sqft:$2,912
Beds:4
Baths:4
Year Built:
Weight:19.9%
1111 E Balboa Blvd, Newport Beach, CA 92661

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale: $10,000,000

1/27/20250.14 mi

Area:2,962 sqft
Price/sqft:$3,376
Beds:5
Baths:5
Year Built:
Weight:18.3%
205 Garnet Ave, Newport Beach, CA 92662

205 Garnet Ave, Newport Beach, CA 92662

Sale: $4,437,500

1/6/20250.47 mi

Area:2,241 sqft
Price/sqft:$1,980
Beds:4
Baths:4
Year Built:
Weight:17.5%

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