306 E OceanfrontNewport Beach, CA 92661

Single Family · 4 Beds · 4 Full Baths · 1 Half Bath · 2,520 Sq. ft. | 0.06 Acres
$6,850,000 Active

306 E Oceanfront Overview

Time on Site:
55 days
Visits:
0

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep. Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation. The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. The property currently carries an active short term lodging permit, a credential that adds meaningful optionality to a home on the boardwalk. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach. What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line. Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change.

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306 E Oceanfront Facts & Features

  • Type Single Family
  • Sq. ft. 2,520
  • Price/Sq.ft. $2,718
  • Lot 0.06 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle Or Junior School: Ensign
  • High School: Newport Harbor

Green Features

  • Green Energy Efficient: Appliances,HVAC,Water Heater
  • Green Energy Generation: Solar

Building Information

  • New Construction: Yes
  • Year Built: 2027

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: NP - Balboa Peninsula
  • Postal City: NEWPORT BEACH

Community/Development

  • Community Features: Curbs,Storm Drain(s),Street Lights,Suburban,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Disclosures: Accessory Dwelling Unit,City Inspection Required,Coastal Commission Restrictions,Licensed Vacation Rental
  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 04808208
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 5
  • Bedrooms Total: 4

General Information

  • Appliances: Built-In Range,Barbecue,Dishwasher,ENERGY STAR Qualified Water Heater,Electric Oven,Freezer,Microwave,Tankless Water Heater,Vented Exhaust Fan,Water To Refrigerator,Water Heater
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Doors
  • Electric: 220 Volts in Garage
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace: Yes
  • Flooring: Tile,Wood
  • Foundation Details: Slab
  • Interior Features: Ceiling Fan(s),Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Smart Home,Wired for Data,Wired for Sound,All Bedrooms Up,Primary Suite
  • Laundry Features: Laundry Room
  • Levels: Three Or More
  • Living Area: 2520.0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Security Features: Security System,Fire Sprinkler System,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 3
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Garage Faces Rear
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Area: 2400.0
  • Lot Size Dimensions: 30x80
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2400.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Beach Access,Beach Front,Ocean Front,Ocean Side Of Highway

Building Exterior/Construction

  • Architectural Style: Contemporary,Modern
  • Attached Garage: Yes
  • Patio And Porch Features: Patio,Rooftop
  • Property Attached: Yes
  • Structure Type: House

General Information

  • Exterior Features: Rain Gutters,Fire Pit
  • Fencing: Glass,Stucco Wall
  • Number Of Units Total: 2
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Connected,Phone Connected,Sewer Connected,Water Connected

306 E Oceanfront Neighborhood

Community

92661 (Newport Beach) Demographics

41
Median Age
2,003
Population Density (per sq. mile)
62%
College Educated
$171,339
Estimated Median Income
720
Estimated Total Home Owners
1,107
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

306 E Oceanfront Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

306 E Oceanfront Market Data

Based on the last 30 days in this zip code

$7,012,249
Average List Price
$2,459
Average Price per Square Foot
5
Properties Sold
166
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

306 E Oceanfront History

Date Event Value Agent
5/12/2026Source: CRMLS Status Change
Active
5/6/2026Source: CRMLS Added to Database
May 06, 2026
4/19/2024Source: bridgeMLS Status Change
Sold
4/19/2024Source: CRMLS Status Change
Closed
4/1/2024Source: bridgeMLS Price Reduction
$5,095,000 -8.2%
4/1/2024Source: CRMLS Price Reduction
$5,095,000 -8.2%
2/13/2024Source: bridgeMLS Added to Database
February 13, 2024
2/13/2024Source: CRMLS Added to Database
February 13, 2024
1/5/2023Source: CRMLS Status Change
Closed
9/7/2022Source: CRMLS Added to Database
September 07, 2022
Listing provided courtesy of Serhant California, IncTyler Brown- MLS# NP26098260MLS ProviderContact Information: [email protected] - 949-697-2781