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

Condo

1818 W Oceanfront 1 & 2, Newport Beach, CA 92663 Sold November 2023 CRMLS
$5,175,000Sold November 2023

Listing Agent: Dean O'Dell (DRE #01060767) · Listing Office: Seven Gables Real Estate · Contact: 714-731-3777 · Bought with: Jon Flagg · Coldwell Banker Realty · MLS #PW23170751 · Source: CRMLS

6
Bedrooms
5
Bathrooms
3,405
Sq Ft
3,300 sqft
Lot Size
1986
Year Built
Condo
Type
2
Stories
2
Garage
None
Cooling
Catalina, Coastline, Ocean, Panoramic, Pier, Water
View

About this condo

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.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$5,175,000
Sold November 2023 · listed $5,495,000, on market August 2023 · MLS #PW23170751 · Source: CRMLS
Listing Agent: Dean O'Dell · Listing Office: Seven Gables Real Estate · Contact: 714-731-3777 · Bought with: Jon Flagg · Coldwell Banker Realty
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