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1514 E Oceanfront, Newport Beach, CA 92661

List Price: $29,000On Market FlagOn market
Jan 26, 20234,421 sqft4 beds6 baths
Listed by: Melinda Johnson
License #: 01764472
Phone #: 714-941-9669
Freedom First Properties
Source:
CRMLS Logo
MLS #: PW23014239

Property Description

Explore life in Newport’s coveted Peninsula Point. This single-family estate is located on the sand beyond the busy boardwalks with views of natural sand dunes and the Pacific Ocean. Upstairs, the master suite offers unobstructed ocean views, Catalina Island views, and simply majestic California sunsets. With over 4600 square feet of living space, this exceptionally appointed, professionally designed four-bedroom, 6 bathroom home is a perfect escape. Downstairs features a modern chef’s kitchen with a built-in six-burner Viking Stove, a Sub-Zero refrigerator, a built-in wine fridge, and a marble backsplash. The ocean-facing dining and living rooms are highlighted by coffered ceilings and a used-brick fireplace. Also downstairs is a generous-sized private bar with a kegerator–perfect for hosting your own happy hours! Outside find a private, ocean-facing patio with BBQ and room for dining al fresco with friends and family. Located just down the street from the surf-famous wedge and Jetty View Park.
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

$450,825

TurboHome Estimated Value

$15,042,000

$3,402 sqft

High Valuation
$15,794,100
$3573/sqft
Normal Valuation
$15,042,000
$3402/sqft
Low Valuation
$14,289,900
$3232/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3402/sqft$15,042,000

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$29K

$12.50M

$14.70M

1514 E Oceanfront, Newport Beach, CA 92661

List Price: $29,000

Subject Property

9 Beacon Bay, Newport Beach, CA 92660

Sale Price: $12,500,000

Selected Comparable

2719 Shell St, Corona Del Mar, CA 92625

Sale Price: $12,600,000

Selected Comparable

1927 Bayside Dr, Corona Del Mar, CA 92625

Sale Price: $13,300,000

Selected Comparable

624 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $13,500,000

Selected Comparable

2152 E Oceanfront, Newport Beach, CA 92661

Sale Price: $14,700,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1514 E Oceanfront, Newport Beach, CA 92661

1514 E Oceanfront, Newport Beach, CA 92661

List: $29,000

Listed: 1/26/2023

Area:4,421 sqft
Price/sqft:$7
Beds:4
Baths:6
Year Built:
Lot Size:3,680

Comparable Properties

COMPARABLE
Choose comps
2152 E Oceanfront, Newport Beach, CA 92661

2152 E Oceanfront, Newport Beach, CA 92661

Sale: $14,700,000

10/9/20240.49 mi

Area:4,229 sqft
Price/sqft:$3,476
Beds:4
Baths:6
Year Built:
Weight:22.8%
624 Harbor Island Dr, Newport Beach, CA 92660

624 Harbor Island Dr, Newport Beach, CA 92660

Sale: $13,500,000

6/16/20251.04 mi

Area:4,359 sqft
Price/sqft:$3,097
Beds:5
Baths:6
Year Built:
Weight:20.2%
1927 Bayside Dr, Corona Del Mar, CA 92625

1927 Bayside Dr, Corona Del Mar, CA 92625

Sale: $13,300,000

12/16/20240.59 mi

Area:4,707 sqft
Price/sqft:$2,826
Beds:4
Baths:5
Year Built:
Weight:19.7%
2719 Shell St, Corona Del Mar, CA 92625

2719 Shell St, Corona Del Mar, CA 92625

Sale: $12,600,000

2/23/20250.73 mi

Area:4,040 sqft
Price/sqft:$3,119
Beds:4
Baths:5
Year Built:
Weight:19.6%
9 Beacon Bay, Newport Beach, CA 92660

9 Beacon Bay, Newport Beach, CA 92660

Sale: $12,500,000

11/14/20240.97 mi

Area:3,821 sqft
Price/sqft:$3,271
Beds:4
Baths:5
Year Built:
Weight:17.6%

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