1818 W Oceanfront Unit 1 & 2, Newport Beach, CA 92663

$5,175,000
6
BD
5
BA
3,405
SqFt

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Sold Price
$5,175,000
List Price
$5,495,000
Closing Date
Nov 17, 2023
Status
CLOSED
MLS#
PW23170751
Year Built
1986
Bedrooms
6
Bathrooms
5
Living Sq. Ft
3,405
Lot Size
3,300
Acres
0.08
Lot Location
No Landscaping
Days on Market
32
Property Type
Condo
Property Sub Type
Condominium
Stories
Two Levels
Neighborhood
West Newport Beach (Wsnb)

Property Description

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.

Additional Information

Appliances
6 Burner Stove, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Cooling Description
None
View
Catalina, Coastline, Ocean, Panoramic, Pier, Water
Exterior Construction
NES Insulation Package
Patio
Deck, Open, Patio
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Horace Ensign
High School
Newport Harbor
Interior Features
Balcony, Living Room Deck Attached, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
1

Listing courtesy of Listing Agent: Dean O'Dell (dean@theodellgroup.com) from Listing Office: Seven Gables Real Estate.

Listing sold by Jon Flagg from Coldwell Banker Realty

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.