116 E Oceanfront, Newport Beach, CA 92661
Single-family home
Sold May 2026
Listing Agent: Charlie Price (DRE #02007776) · Listing Office: Coldwell Banker Realty · Contact: 949-230-8718 · Bought with: Charlie Price · Coldwell Banker Realty · MLS #OC26023458 · Source: CRMLS
How this sale compares
116 E Oceanfront sold for $5,770,000 in May 2026, 6.9% under its $6,200,000 list price, after 51 days on the market. It was first listed at $6,595,000. That works out to $2,875 per square foot on 2,007 square feet. Across 36 closed sales in 92661 over the last 12 months, the median sold price is $5,345,500 and the median is $2,222 per square foot, 23% below this sale's $2,875. 3-bedroom rentals in 92661 currently list at a median of $10,000 a month (11 listings).
| Quarter | Closed sales in 92661 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $5,350,000 |
| Q2 2026 | 15 | $6,700,000 |
| Q3 2026 | 16 | $4,400,000 |
| Q4 2026 | 1 | $4,921,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661
Description
Perfectly positioned along the oceanfront of the iconic Balboa Peninsula, 116 E Oceanfront presents a rare opportunity to enjoy a true front-row coastal lifestyle. Currently configured as a 3-bedroom, 2.5-bath residence spanning approximately 2,007 square feet, the home offers a compelling blend of comfort, character, and flexibility—equally suited as a refined beach residence or a foundation for a thoughtfully reimagined coastal retreat. Set directly on the sand, the property captures sweeping ocean views, golden sunsets, and the ever-changing rhythm of the Pacific just steps from your door. Light-filled living spaces are intentionally oriented toward the water, creating a seamless indoor-outdoor flow and an immersive connection to the beachfront setting. Whether enjoyed as a full-time residence or a weekend escape, the home embodies an elevated yet relaxed coastal lifestyle—perfect for morning walks along the boardwalk, afternoons by the shore, and evenings watching the sun dip below the horizon. Located just moments from the Balboa Pier, world-class dining, boutique shopping, and all that Newport Beach has to offer, 116 E Oceanfront is more than a home—it’s a rare chance to secure an irreplaceable oceanfront position in one of Southern California’s most coveted beach communities.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 116 E Oceanfront
218 E Oceanfront: Sold $9,250,000 · 4 bd · 4 ba · 2,650 sqft · Jul 2026 · 0.1 mi
Douglas Elliman of California - Corona Del Mar | DRE #02006270
Buyer's agent: Bradford Bankenbush, Douglas Elliman of California - Corona Del Mar | DRE #02006270524 W Oceanfront: Sold $13,650,000 · 11 bd · 12 ba · 6,249 sqft · Sep 2026 · 0.1 mi
Berkshire Hathaway HomeService | DRE #01891826
Buyer's agent: Tim Smith, Coldwell Banker Realty | DRE #01346878612 W Balboa Boulevard: Sold $2,200,000 · 3 bd · 2 ba · 1,122 sqft · May 2026 · 0.2 mi
RE/MAX ADVANTAGE | DRE #01441670
Buyer's agent: Elizabeth Thamer, Pacific Sotheby's Int'l Realty | DRE #01169245612 W Balboa Boulevard: Sold $2,200,000 · May 2026 · 0.2 mi
RE/MAX ADVANTAGE | DRE #01441670
Buyer's agent: Elizabeth Thamer, Pacific Sotheby's Int'l Realty | DRE #01169245310 Fernando Street 303: Sold $1,430,000 · 1 bd · 2 ba · 962 sqft · Sep 2026 · 0.2 mi
Pacific Sotheby's Int'l Realty | DRE #02028221
Buyer's agent: Amelie Cunningham, Pacific Sotheby's Int'l Realty | DRE #02028221- 706 W Oceanfront: Sold $14,900,000 · 4 bd · 6 ba · 4,489 sqft · Apr 2026 · 0.2 mi
Pacific Sotheby's Int'l Realty | DRE #01210754
Buyer's agent: Kimberly Bibb, Pacific Sotheby's Int'l Realty | DRE #01210754 600 E Oceanfront 3 B: Sold $2,237,500 · 3 bd · 2 ba · 1,320 sqft · Jun 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01262306
Buyer's agent: Lori Koppel, Coldwell Banker Realty | DRE #01262306805 W Bay: Sold $2,800,000 · 4 bd · 3 ba · 1,943 sqft · Aug 2026 · 0.3 mi
RE/MAX New Dimension | DRE #01408477
Buyer's agent: Jasleen Chhabra, Realty Masters & Associates | DRE #02110056
Closed sales reported in 92661, nearest first, last 12 months. All recent sales in Newport Beach →