Incredible oceanfront lot with city-ready plans. Oversized, 36’ wide and 103’ parcel in a convenient Peninsula location with iconic Newport Beach attractions just minutes away. The wide, sandy beach in front of the property offers endless enjoyment while the boardwalk ensures easy walking or biking access to the world-famous Wedge, restaurants, and the Pier. The current midcentury modern structure offers a remodel opportunity, while the lot itself presents a blank canvas for those looking to start anew. The existing plans suggest an approximately 4,300 square foot, four-bedroom residence with sit-down ocean and pristine beach views from the home’s main areas. With only a few oversize oceanfront parcels left, this is a truly rare opportunity.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Century Modern
Year Built: 1940
Stories: 2
Living Area: 1,819 SqFt
Listing Office:
Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Office Phone: (949) 689-9047
Listing Agent: John Stanaland
Interior Features
Interior Information:
Interior: Main Level Primary
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access, Ocean Front
View: Island, Ocean, Panoramic, Water
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Direct Access, Garage, Garage Faces Rear
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Newport Harbor High School, Public District Grades 9-12
Horace Ensign Intermediate School, Public District Grades 7-8
Newport Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: West Oceanfront Between 12th and 13th Street
Price Information
Listing Price Info
Price Summary:
List Price: $7,495,000
Price Per SqFt: $4,120/SqFt
Tax Information:
Annual Amount: $3,518
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $4.2M more than the Median Sold Price and $2.7K/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #LG24038912
Listing Office:
Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Office Phone: (949) 689-9047
Listing Agent: John Stanaland
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,518
$180,937
2020
$3,490
$179,082
2019
$3,483
$175,571
2018
$3,483
$172,129
2017
$3,443
$168,754
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.07 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school0.92 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.20 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.07 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.49 miles
Public District Grades KG-6
8
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.96 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school0.92 miles
Public District Grades 7-8
Nearby Schools
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school4.88 miles
Public District Grades 6-8
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school5.42 miles
Public District Grades KG-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.20 miles
Public District Grades 9-12
Nearby Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.99 miles
Public District Grades 7-12
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school3.80 miles
The neighbors living near this home have an average income of $110,552. Typical income of Newport Beach, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1232 W Oceanfront
What is the listing price of this property?
The listing price of 1232 W Oceanfront property is $7,495,000.
What type of property is this?
The property 1232 W Oceanfront is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 1232 W Oceanfront is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1232 W Oceanfront are: Newport Elementary School: GreatSchools Rating 9/10Horace Ensign Intermediate School: GreatSchools Rating 7/10Newport Harbor High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,518 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1232 W Oceanfront has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1232 W Oceanfront is 1,819 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1232 W Oceanfront is 1940.
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This home is located at 1232 W Oceanfront in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 1,819 square foot home, which was built in 1940, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $7,495,000.
Over 23 listings were sold over their listed price in March 2024 in Newport Beach, CA. In the same period over 50 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Newport Beach, CA between February 2024 and March 2024 increased by 8.8%. While the average time on the market in March 2024 was 43 days, the median list price was $3,228,690.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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