$5,175,000
$5,495,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1818 W Oceanfront #1 & 2 Newport Beach, CA 92663
6 Beds
5 Baths
3,405 SqFt
Key Details
Sold Price $5,175,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 3,405 sqft
Price per Sqft $1,519
Subdivision West Newport Beach (Wsnb)
MLS Listing ID PW23170751
Sold Date 11/17/23
Bedrooms 6
Full Baths 1
Half Baths 1
Three Quarter Bath 3
HOA Y/N No
Year Built 1986
Lot Size 3,301 Sqft
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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 3
Interior
Interior Features Balcony, Separate/Formal Dining Room, Living Room Deck Attached, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Appliance 6 Burner Stove, Refrigerator
Laundry Inside
Exterior
Garage Carport, Garage, Tandem
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Pool None
Community Features Sidewalks
Waterfront Description Beach Access,Ocean Access,Ocean Front
View Y/N Yes
View Catalina, Coastline, Ocean, Panoramic, Pier, Water
Porch Deck, Open, Patio
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description No Landscaping
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
Elementary Schools Newport
Middle Schools Horace Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 93291096
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jon Flagg • Coldwell Banker Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442