13 days on rocket

1320 E Oceanfront, Newport Beach, CA, 92661

$8,600,000

5 Bedrooms
4 Full Baths
4,589 SqFt
$1,874/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1960
HeatingFireplace(s), Other
CoolingNone
WaterfrontBeach
FireplaceBonus Room, See Remarks
ViewIsland, Other, Ocean, Panoramic, Water
Private PoolYes
MLS #PW24076990
Lot Size0.11 Acres
StatusActive

About 1320 E Oceanfront

Located directly on the oceanfront sand of Newport Beach’s desirable Balboa Peninsula, beyond where the bike path ends, and Peninsula Point begins, this immaculate Mid-Century Modern showplace remains virtually original since its completion in 1960. Panoramic Pacific Ocean and beach views are enjoyed from the custom two-story home, which also offers views of the Balboa Pier and Lifeguard Tower G. With 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 create 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 wood 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 white cabinetry. Approximately 4,589 square feet, the versatile home is exceptionally open and bright, and it offers the unique opportunity to live on a prime, and intimate, cul-de-sac portion of Oceanfront Boulevard. Miles 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.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 4,589 SqFt

Listing Office:

  • Office Name: Beach Equities
  • Office Phone: (213) 434-4476
  • Listing Agent: Paige Charnick

Interior Features

Interior Information:

  • Interior: Beamed Ceilings, Built-in Features, Balcony, High Ceilings, Storage, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
  • Fireplace: Bonus Room, See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach
  • View: Island, Other, Ocean, Panoramic, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Other
  • 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: 55south, continue onto W Balboa Blvd to E Balboa, Turn right at F St, right into alleyway

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,600,000
  • Price Per SqFt: $1,874/SqFt

Tax Information:

  • Annual Amount: $3,483
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,364

Avg. Days On Market

51

# of Sold Homes

88

1320 E Oceanfront vs Newport Beach

13 DAYS ON ROCKET

-38 Days

$8,600,000

+$5.2M More

$1,874/SqFt

+$509 More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price and $509/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: #PW24076990

Listing Office:

  • Office Name: Beach Equities
  • Office Phone: (213) 434-4476
  • Listing Agent: Paige Charnick

IDX 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: 5/2/2024, 7:25:18 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

YEARPROP. TAXASSESSMENT
2021$3,483$303,392
2020$3,448$300,282
2019$3,315$294,395
2018$3,315$288,623
2017$3,257$282,964

History based on county public records data.

Payment Calculator

$42.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.8K

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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

school-card-donut-4601739
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.59 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4601740
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.99 miles

  • Public District Grades 7-8

High School

school-card-donut-4601741
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 2.05 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $133,019. Residents of Newport Beach, CA typically earn $200k+ each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1320 E Oceanfront

What is the listing price of this property?

The listing price of 1320 E Oceanfront property is $8,600,000.

What type of property is this?

The property 1320 E Oceanfront is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 1320 E 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 1320 E Oceanfront are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport 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 $3,483 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1320 E Oceanfront has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1320 E Oceanfront is 4,589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1320 E Oceanfront is 1960.
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Rocket HomesCaliforniaOrange CountyNewport Beach926611320 E Oceanfront

This home is located at 1320 E Oceanfront in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 4,589 square foot home, which was built in 1960, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $8,600,000.

In April 2024 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 57 were sold below. Between March 2024 and April 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 11.2%. In April 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $3,356,190.

From Rocket Homes Real Estate and based on county public records data.

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