Sold

1818 W Oceanfront 1 & 2

Newport Beach CA, 92663

$5,175,000


$1,519.82 per sqft

Sold

6 Beds

3.75 Baths

3,405 sqft

Condo

Built in 1986

Listed by Dean O'Dell with Seven Gables Real Estate 714-731-3777

Introducing 1818 West Oceanfront, where beachfront luxury meets savvy investment. Nestled in the heart of Newport Beach Peninsula, this is more than just a home - it's your chance to own the first two floors of an iconic three-story building. Welcome to a world of possibilities and embrace the beachfront lifestyle on one of the world's finest beaches. Step into a realm of coastal elegance with this remarkable 6 bedroom, 4.5 bathroom property spanning an expansive 3,405 square feet. Perched directly on the sand, every corner of this home offers awe-inspiring views of the coastline, Catalina Island, and the Balboa and Npt Piers. It's a view that dreams are made of, and it's yours to savor every day. Invest with confidence, as this is not only a home but also an income-generating asset. With a coveted short-term rental permit, w/$20k a month in rents avg. and a proven history of successful rental income spanning over 11 years, you're not just purchasing a house; you're securing a savvy investment that pays for itself. Ideal for family gatherings or unforgettable beach getaways, this beachfront haven boasts a thoughtfully designed layout spread across two levels. Upstairs, the upper level beckons with 3 bedrooms, 2.5 bathrooms and expansive living and kitchen spaces where you can gaze out through picture windows that frame sweeping ocean vistas, an endless expanse that stretches as far as the eye can see. Each area seamlessly blends dining, entertaining, and relaxation, ensuring you have all the space you need to create enduring memories. Picture yourself hosting gatherings with the sound of waves providing the perfect backdrop to your beachside celebrations. The lower level is a haven of its own, boasting 3 more bedrooms and 2 bathrooms along with a generous living and game room with an entertainer' bar, providing the utmost in comfort and privacy. Slide open the doors and step onto an enclosed patio where you can relish the vibrant boardwalk scene and the sun-kissed coastal lifestyle. Practicality meets luxury with a tandem 2-car garage and a carport, ensuring ample space for vehicles and storage. This is more than a residence; it's your personal beachside sanctuary. Dive into the tranquil waters of Npt. beach explore the nearby Marina Park and Lido Marina Village, and indulge in the vibrant dining, shopping, and entertainment scene around Balboa and Npt Piers. Your dream home and investment await at 1818 West Oceanfront. Don't merely envision it - live it.

PW23170751

MLS ID

August 29, 2023

Listed

March 23, 2024

Updated

Map

1818 W Oceanfront 1 & 2
Newport Beach CA, 92663

Interior Features

Total Stories

2


Bedrooms

6 Beds


Bathrooms

3.75 Baths


Interior Features

Balcony, Living Room Deck Attached, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary


Appliances

6 Burner Stove, Refrigerator


Laundry Description

Inside


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

No Landscaping


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified


High School

Newport Harbor


Elementary School

Newport

Other Property Details

Area Name

N8 - West Newport - Lido


Days on Market

33


Garage

Yes


Garage Spaces

2


Parking

Carport, Garage, Tandem


Parking Total

4


View

Yes


View Description

Catalina, Coastline, Ocean, Panoramic, Pier, Water


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/18/2023

Price Change

$5,175,000

-6%

11/18/2023

Sold

$5,175,000

11/13/2023

Pending

10/19/2023

Under Contract

Listing Contact: 714-731-3777 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:29 AM UTC

 

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