57
Map
$8,500,000
●
House -
In Contract
3000 W Oceanfront
Newport Beach, CA 92663
4 Beds
4 Baths
2,839 Ft²
$41,737
Est. Monthly
About This Property
An exceptional opportunity to own a prime oceanfront corner
property in Newport Beach, featuring an impressive 40 feet of ocean
frontage. Ideally positioned directly on the sand, this desirable
corner location showcases breathtaking panoramic ocean views and an
incredible setting to experience the best of coastal living. The
residence features four bedrooms, four bathrooms, and approximately
2,839 square feet of living space. Enjoy spectacular sunsets, the
sound of crashing waves, and sweeping views of the Pacific Ocean
from this exceptional beachfront setting. Located near the iconic
Newport Pier, the property offers convenient access to popular
local restaurants, charming coffee shops, beachfront dining, and
the many attractions that make the Balboa Peninsula such a
desirable destination. Whether enjoyed as a primary residence,
coastal retreat, or an opportunity to create your dream beachfront
home, the possibilities are endless. A rare opportunity to own a
remarkable oceanfront property in one of Newport Beach's most
sought-after coastal locations.
Unit Size
2,839 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$2,994
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (CRMLS #OC26226216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2026 | In contract | - | |
| In contract | |||
| Oct 19, 2026 | Listed by Compass | $8,500,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Loft, PrimarySuite
Laundry Features: Inside
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 2839
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1996
Levels: Three Or More
Pool Features: None
Lot Features: Corner Lot
Lot Size Area: 2320
Lot Size Units: Square Feet
Lot Size Acres: 0.0533
Lot Size Square Feet: 2320
Tax Lot: 2
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Newport Beach
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Listed by: Tara McNabb, Compass
Last Updated: 3 days ago
Data Source: CRMLS, MLS# OC26226216
Last Updated: 3 days ago
Data Source: CRMLS, MLS# OC26226216
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