112 43rd St, Newport Beach, CA 92663 - View 1
112 43rd St, Newport Beach, CA 92663 - View 2
112 43rd St, Newport Beach, CA 92663 - View 3

112 43rd St, Newport Beach, CA 92663

Sale Price: $4,905,000
May 30, 20243,100 sqft5 beds6 baths
Listed by: Gordon Henry
License #: 00704984
Phone #: 9496406000
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP24104228

Property Description

A rare find indeed! Located steps to the sand in prime West Newport Beach sits this move-in ready Single-Family Residence on a wide, oversized lot. Originally branded as an “Oceanaire”, these limited-edition homes are still coveted for their beach-close location annd oversized 40’ wide parcels. Rebuilt and converted in 2006 from duplex to SFR, and extensively renovated in May 2024, this 3,100-sf home features 5 bedrooms, 6 baths and 3-car garage. Upstairs, the primary suite enjoys ocean views from its private terrace. Its fireplace, sumptuous bathtub, enclosed shower, double sinks, dressing table, and walk-in closet make this an irresistible retreat. Also upstairs are 3 additional en-suite bedrooms and a comfortable open area ideal for library, office, TV or games. The 5th bedroom and adjacent 5th bathroom with a shower/tub are conveniently located downstairs near the kitchen, laundry room and the access to the 3-car garage. Its gourmet kitchen will please any chef, outfitted with new quartz countertops, Viking Professional gas and electric appliances, large island with secondary sink, walk-in pantry, and generous cabinetry with plenty of storage. The adjacent dining and living rooms spill out on to the large sunny front patio with ocean views and is ideal for entertaining or some sunbathing. A 6th bathroom with shower and a large storage closet, both accessible from the side yard are perfect for rinsing off after the beach and storing the toys. Only steps to the sand, this quintessential beach home is great for both the full time resident and the second-home vacationer. Our re-imagined “Oceanaire” is an easy jaunt by foot, bike or car to nearby restaurants, markets, shops and beaches, all part of the wonderful amenities making West Newport so special. Be advised however, ocean breezes and the sound of waves may prevent one from ever leaving your new home.
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

$83,979

TurboHome Estimated Value

$5,296,800

$1,709 sqft

High Valuation
$5,561,640
$1794/sqft
Normal Valuation
$5,296,800
$1709/sqft
Low Valuation
$5,031,960
$1623/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1709/sqft$5,296,800

Neighborhood: West Newport Beach (WSNB)

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Comparative Value

$3.50M

$4.10M

$4.90M

$6.00M

1607 W Balboa Blvd, Newport Beach, CA 92663

Sale Price: $3,500,000

Selected Comparable

543 San Bernardino Ave, Newport Beach, CA 92663

Sale Price: $4,100,000

Selected Comparable

400 Catalina Dr, Newport Beach, CA 92663

Sale Price: $4,900,000

Selected Comparable

112 43rd St, Newport Beach, CA 92663

Sale Price: $4,905,000

Selected Comparable

112 43rd St, Newport Beach, CA 92663

List Price: $4,995,000

Subject Property

201 Via Cordova, Newport Beach, CA 92663

Sale Price: $6,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
112 43rd St, Newport Beach, CA 92663

112 43rd St, Newport Beach, CA 92663

List: $4,995,000

Listed: 5/30/2024

Area:3,100 sqft
Price/sqft:$1,611
Beds:5
Baths:6
Year Built:
Lot Size:3,206

Comparable Properties

COMPARABLE
Choose comps
112 43rd St, Newport Beach, CA 92663

112 43rd St, Newport Beach, CA 92663

Sale: $4,905,000

11/6/20240.00 mi

Area:3,100 sqft
Price/sqft:$1,582
Beds:5
Baths:6
Year Built:
Weight:25.9%
400 Catalina Dr, Newport Beach, CA 92663

400 Catalina Dr, Newport Beach, CA 92663

Sale: $4,900,000

7/31/20250.83 mi

Area:3,260 sqft
Price/sqft:$1,503
Beds:5
Baths:5
Year Built:
Weight:22.3%
201 Via Cordova, Newport Beach, CA 92663

201 Via Cordova, Newport Beach, CA 92663

Sale: $6,000,000

2/24/20250.96 mi

Area:3,986 sqft
Price/sqft:$1,505
Beds:5
Baths:6
Year Built:
Weight:19.4%
1607 W Balboa Blvd, Newport Beach, CA 92663

1607 W Balboa Blvd, Newport Beach, CA 92663

Sale: $3,500,000

12/13/20241.25 mi

Area:3,327 sqft
Price/sqft:$1,052
Beds:6
Baths:6
Year Built:
Weight:17.5%
543 San Bernardino Ave, Newport Beach, CA 92663

543 San Bernardino Ave, Newport Beach, CA 92663

Sale: $4,100,000

11/29/20241.14 mi

Area:2,880 sqft
Price/sqft:$1,424
Beds:4
Baths:5
Year Built:
Weight:14.9%

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