9 months on rocket

1740 E Ocean Blvd, Newport Beach, CA, 92661

$7,800,000

5 Bedrooms
5 Full Baths, 1 Partial
3,024 SqFt
$2,579/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Attached Garage2 spaces
Year Built1950
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Ocean Access
FireplaceFamily Room
ViewOcean
MLS #OC23072268
Lot Size0.06 Acres
StatusActive

About 1740 E Ocean Blvd

In the highly desirable Peninsula Point neighborhood, this newly remodeled luxury three-story estate has upgraded finishes from the studs to the ceiling. The main floor is truly an entertainer's dream with the foyer leading to the massive great room opening up to the large modern kitchen. The first-floor bedroom has a full bath, and also a powder room for guests. The mudroom and separate laundry room are conveniently located past the kitchen as you move toward the direct access two-car garage. The second floor has four bedrooms as well as a loft area great for an office or study area. Relax in the spacious primary suite featuring a beautiful veranda area with a private balcony, a primary bathroom with a soaking tub, and a stand-alone shower along with a large walk-in closet. Ascend to the third-floor penthouse retreat featuring a bedroom or living area, full bathroom dining area, and substantial belvedere space. Steps to the beach, the bay, and the world-famous Wedge surf spot, this gorgeous home is surrounded by the sand, the sun, and the ocean. Every finish was carefully selected to exude luxury and class. Property under construction, priced for finished product.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modern
  • Year Built: 1950
  • Stories: 3
  • Living Area: 3,024 SqFt

Listing Office:

  • Office Name: Engel & Voelkers Laguna Beach
  • Office Phone: (435) 729-0699
  • Listing Agent: Lindsay Clark

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Self Cleaning Oven, Trash Compactor, Warming Drawer, Water Purifier, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Beamed Ceilings, Built-in Features, Balcony, In-Law Floorplan, Open Floorplan, Pantry, Stone Counters, Bedroom on Main Level, Entrance Foyer, Loft, Main Level Primary, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access
  • View: Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Take 55 South to Newport Blvd, merge onto Balboa Blvd, right on G St, left on Ocean Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,800,000
  • Price Per SqFt: $2,579/SqFt

Tax Information:

  • Annual Amount: $29,279
  • 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

1740 E Ocean Blvd vs Newport Beach

273 DAYS ON ROCKET

+222 Days

$7,800,000

+$4.4M More

$2,579/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $1.2K/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: #OC23072268

Listing Office:

  • Office Name: Engel & Voelkers Laguna Beach
  • Office Phone: (435) 729-0699
  • Listing Agent: Lindsay Clark

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: 5/10/2024, 6:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2014Home Sold
$2,400,000
Aug 24, 2012Home Sold
$1,350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$29,279$2,664,776
2020$29,007$2,637,452
2019$28,002$2,585,738
2018$28,002$2,535,038
2017$27,478$2,485,332

History based on county public records data.

Payment Calculator

$38.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.4K

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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-9947665
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.90 miles

  • Public District Grades KG-6

Middle School

school-card-donut-9947666
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 2.28 miles

  • Public District Grades 7-8

High School

school-card-donut-9947667
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 2.32 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. The majority of Newport Beach, CA residents have income $200k+ annually. Most families are married, no kids. 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 1740 E Ocean Blvd

What is the listing price of this property?

The listing price of 1740 E Ocean Blvd property is $7,800,000.

What type of property is this?

The property 1740 E Ocean Blvd is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 1740 E Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1740 E Ocean Blvd 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 $29,279 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2014 for $2,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1740 E Ocean Blvd has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1740 E Ocean Blvd is 3,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1740 E Ocean Blvd is 1950.
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Rocket HomesCaliforniaOrange CountyNewport Beach926611740 E Ocean Blvd

This home is located at 1740 E Ocean Blvd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 3,024 square foot home, which was built in 1950, sits on a 0.06 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $7,800,000.

Newport Beach, CA housing market in April 2024 saw over 14 listings sold above listed price, more than 17 sold at listed price and over 57 sold below. The number of listings in Newport Beach, CA increased by 11.2% between March 2024 and April 2024. 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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