700 E Oceanfront, Newport Beach, CA 92661
Duplex
For sale now
700 E Oceanfront is on the market at $6,199,000. See the current listing →
Sold November 2022
Listing Agent: Timothy Carr (DRE #01017277) · Listing Office: Villa Real Estate · Contact: 949-717-6000 · Bought with: Dominic Tucci · Villa Real Estate · MLS #NP22145462 · Source: CRMLS
How this sale compares
700 E Oceanfront sold for $5,000,000 in November 2022, 5.7% under its $5,300,000 list price, after 98 days on the market. Across 33 closed sales in 92661 over the last 12 months, the median sold price is $5,770,000 and the median is $2,540 per square foot.
| Quarter | Closed sales in 92661 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $5,350,000 |
| Q2 2026 | 15 | $6,700,000 |
| Q3 2026 | 14 | $4,400,000 |
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
About this duplex
700 E Oceanfront presents a fantastic opportunity to own a duplex in the heart of the Balboa Peninsula. All about the location, this property is near all the desirable attractions the area has to offer. Steps away from the sand and ocean, 700 E Oceanfront is sited along the boardwalk and the Peninsula’s famous bike path. Walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. Featuring two units, this property offers incredible income potential. The lower unit features a bedroom and a bathroom, along with indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with granite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is smartly divided into two separate sections and encompasses a total of three bedrooms and two bathrooms. The front portion features two of the bedrooms as well as a full bath. Smartly upgraded kitchen and a living area offer ample entertaining space. The large front bedroom features a fireplace and breathtaking views of the ocean and Balboa Pier. The back section of the upstairs features bedroom, a bath and a kitchenette as well as living and dining areas. 700 E Oceanfront is a meticulously maintained property, with air conditioning, double-paned windows and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. Incredible income potential with short term rental permits in place.
Listing description from the November 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 700 E Oceanfront
- 600 E Oceanfront 3 B — Sold $2,237,500 · 3 bd · 2 ba · 1,320 sqft · Jun 2026 · 0.0 mi
- 218 E Oceanfront — Sold $9,250,000 · 4 bd · 4 ba · 2,650 sqft · Jul 2026 · 0.2 mi
- 310 Fernando Street 303 — Sold $1,430,000 · 1 bd · 2 ba · 962 sqft · Sep 2026 · 0.2 mi
- 116 E Oceanfront — Sold $5,770,000 · 3 bd · 3 ba · 2,007 sqft · May 2026 · 0.3 mi
- 524 W Oceanfront — Sold $13,650,000 · 11 bd · 12 ba · 6,249 sqft · Sep 2026 · 0.4 mi
- 612 W Balboa Boulevard — Sold $2,200,000 · 3 bd · 2 ba · 1,122 sqft · May 2026 · 0.5 mi
- 612 W Balboa Boulevard — Sold $2,200,000 · May 2026 · 0.5 mi
- 1411 E Bay — Sold $11,700,000 · 4 bd · 4 ba · 2,548 sqft · Jul 2026 · 0.6 mi
MLS-reported closed sales in 92661, nearest first (last 12 months). All recent sales in Newport Beach →
Questions about 700 E Oceanfront
When did 700 E Oceanfront last sell?
700 E Oceanfront last sold in November 2022 for $5,000,000, according to CRMLS-reported closed sales.
What did 700 E Oceanfront sell for?
$5,000,000, 5.7% below the $5,300,000 list price, after 98 days on the market.
How does that compare to other Newport Beach sales?
33 homes closed in ZIP 92661 over the last 12 months at a median of $5,770,000 ($2,540 per square foot).
Is 700 E Oceanfront for sale now?
Yes — 700 E Oceanfront is currently on the market at $6,199,000. Open the current listing on Nalren for photos, details and the listing agent.