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1320 E Oceanfront, Newport Beach, CA 92661

Sale Price: $6,750,000
Apr 18, 20244,076 sqft5 beds4 baths
Listed by: Paige Charnick
License #: 01755588
Phone #: 2134344476
Beach Equities
Source:
CRMLS Logo
MLS #: PW24076990

Property Description

Located directly on the oceanfront sand of Newport Beach’s desirable Balboa Peninsula, beyond where the boardwalk and bike path ends, and Peninsula Point begins, this Mid-Century Modern showplace remains virtually original since its completion in 1960. Panoramic Pacific Ocean and beach views are enjoyed from the custom home, which also offers views of the Balboa Pier and Lifeguard Tower G. With approximately 45' of beach frontage and a homesite of nearly 4,609 square feet, the property is ideal for those who wish to own an architecturally unique residence, restore it while incorporating modern tech and amenities, OR build an entirely new dream home. First impressions are grand at the five-bedroom, four-bath home, thanks to a stunning double-height atrium-style entry with an in-ground pool/spa, vaulted ceiling, large skylight, cork walls, and a floating staircase leading to loft areas above. The kitchen and family room are united in one ocean-view space complete with large windows, illuminated ceiling beams, granite countertops, a breakfast nook and abundant cabinetry. The versatile home is exceptionally open and bright, and it offers the unique opportunity to live on a prime location - Oceanfront. Ample stretches of sandy beaches, Balboa Island, the Balboa Fun Zone, golf, high-end shopping and dining, and award-winning schools are all close by. Trust Sale.
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

$135,276

TurboHome Estimated Value

$8,499,200

$2,085 sqft

High Valuation
$8,924,160
$2189/sqft
Normal Valuation
$8,499,200
$2085/sqft
Low Valuation
$8,074,240
$1981/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2085/sqft$8,499,200

Neighborhood

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Comparative Value

$5.20M

$6.40M

$6.75M

$7.50M

$7.98M

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $5,200,000

Selected Comparable

601 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $6,400,000

Selected Comparable

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale Price: $6,500,000

Selected Comparable

1320 E Oceanfront, Newport Beach, CA 92661

Sale Price: $6,750,000

Selected Comparable

108 Park Ave, Newport Beach, CA 92662

Sale Price: $7,500,000

Selected Comparable

1320 E Oceanfront, Newport Beach, CA 92661

List Price: $7,980,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1320 E Oceanfront, Newport Beach, CA 92661

1320 E Oceanfront, Newport Beach, CA 92661

List: $7,980,000

Listed: 4/18/2024

Area:4,076 sqft
Price/sqft:$1,958
Beds:5
Baths:4
Year Built:
Lot Size:4,609

Comparable Properties

COMPARABLE
Choose comps
1320 E Oceanfront, Newport Beach, CA 92661

1320 E Oceanfront, Newport Beach, CA 92661

Sale: $6,750,000

8/21/20240.00 mi

Area:4,076 sqft
Price/sqft:$1,656
Beds:5
Baths:4
Year Built:
Weight:25.3%
601 Dahlia Ave, Corona Del Mar, CA 92625

601 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $6,400,000

4/21/20251.05 mi

Area:3,840 sqft
Price/sqft:$1,667
Beds:5
Baths:5
Year Built:
Weight:20.6%
1306 Dolphin Ter, Corona Del Mar, CA 92625

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale: $6,500,000

5/12/20250.87 mi

Area:3,850 sqft
Price/sqft:$1,688
Beds:4
Baths:4
Year Built:
Weight:19.8%
407 Dahlia Ave, Corona Del Mar, CA 92625

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $5,200,000

4/14/20250.90 mi

Area:3,383 sqft
Price/sqft:$1,537
Beds:4
Baths:4
Year Built:
Weight:17.5%
108 Park Ave, Newport Beach, CA 92662

108 Park Ave, Newport Beach, CA 92662

Sale: $7,500,000

11/14/20240.76 mi

Area:3,168 sqft
Price/sqft:$2,367
Beds:5
Baths:5
Year Built:
Weight:16.9%

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