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$11,875,000
Listing Price5beds
4baths
3,083sqft
3,720sqft lot
1516 E Oceanfront, Newport Beach, CA 92661
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Situated on a premier, oversized oceanfront lot, this freshly re-imagined Nantucket-style residence combines timeless East Coast charm with the beauty of Newport Beachs most iconic shoreline. Ideally located within the treasured Peninsula Point neighborhood, the home offers both a premier address and a lifestyle defined by surf, sand, and coastal sophistication. Approached through a flowering garden courtyard, the home balances warmth and privacy with the ease of indoor-outdoor living. Generous oceanfront living, dining, and kitchen spaces form the heart of the home, where windows frame whitewater views and French doors open directly to a wide beachfront patiothe perfect setting to delight in al fresco dining or a sunset glass of wine with friends. With a family friendly layout, the home boasts five bedrooms to include a thoughtful first-floor guest accommodation. Upstairs the oceanfront primary retreat enjoys a private office/sitting room, and an expansive oceanfront terrace with a panorama of sunrise to sunset views over the Pacific. There is also a spacious bonus/media room that offers additional flexibility for gatherings, work, or play. An oversized two-car garage, with additional exterior parking for two cars provides a rare convenience on the Peninsula. Life on Peninsula Point is both relaxed and vibrant: mornings at The Wedge, bike rides along the boardwalk, afternoons at the community bay beach or private tennis club, and evenings watching the sun sink into the Pacif
Interior Details
3083
5
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3720
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,870
$123,269
$122,172
--%
$245,441
2019
$2,816
$120,852
$119,777
--%
$240,629
2018
$2,761
$118,482
$117,429
--%
$235,911
2017
$2,954
$116,159
$115,127
--%
$231,286
2016
$2,969
$113,881
$112,870
--%
$226,751
2014
$2,818
$109,972
$108,998
--%
$218,970
2013
$2,815
$109,475
$108,506
--%
$217,981
2012
$2,840
$107,328
$106,379
--%
$213,707
Average Home Price in 92661
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Santa Ana’s real estate market shows substantial growth, with home values reaching $970K in June 2024, up from $799.5K in July 2023. Neighboring cities also display varied market trends. The data indicates a promising market for potential buyers and investors.




