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Sold

1036 W Oceanfront sold on June 16, 2016 for $7,000,000, 7.8% below the $7,595,000 asking price after 54 days on the market. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Jun 16, 2016

1036 W Oceanfront, Newport Beach, CA 92661

  • 4 beds
  • 5 baths
  • 4,138 sq ft
  • 4,095 sq ft lot
  • Built 1995

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$7,000,000

MLS# NP16082627

Subdivision Balboa Peninsula (Residential)

28 single-family homes sold in the past 12 months · median $7,112,500

See homes for sale in Balboa Peninsula

The home

About 1036 W Oceanfront

Ideally located on the highly coveted Peninsula in Newport Beach, this one of a kind property sits on the sand on an oversized corner lot. A simply gorgeous traditional feel throughout, with views from almost every room, this home encompasses 4 bedrooms and 5 bathrooms. Notable features include the large-scale master suite which offers a fireplace, stunning view windows, as well as a spa bath, walk in closet and a private deck. The main level of the residence offers fabulous venues for entertaining. Enjoy a gracious living room facing the ocean to capture the breathtaking views from every window, doors that open to the large front enclosed patio, a formal library gallery with custom built-ins, and an open kitchen. There are two guest bedrooms upstairs and an oversized great room features a pool table and wet bar, offering the perfect room for entertaining. A main level guest suite is ideal for guests. Four incredible patios, one off the master, one off the upstairs game/great room, an enclosed side courtyard and another on the boardwalk boast beautiful whitewater and Catalina Island sunset views. This sophisticated beach elegant residence is truly a historic offering in a landmark location on the sand.

Property details for 1036 W Oceanfront

This 4-bedroom, 5-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 4,138 square feet of living space. The home was built in 1995. The MLS record lists the assessor parcel number as 047-252-24. Highlights include ocean and coastline views, a fireplace, a two-car garage, and traditional architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP16082627
Year Built
1995
Living Area (sq ft)
4,138
Living Area Source
Assessor
Lot Size (sq ft)
4,095
Levels
Two
Bedrooms
4
Full Baths
3
Garage Spaces
2
Parking Spaces
2
View
Catalina, Coastline, Ocean, Panoramic
Parcel Number
04725224
On Market Date
2016-04-20
Listing Terms
Standard

Interior Features

Interior Features
Wet Bar, Built In Features, Separate Formal Dining Room, Eat In Kitchen, Bedroom On Main Level, Jack And Jill Bath, Primary Suite, Walk In Closets
Appliances
Six Burner Stove, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Flooring
Carpet, Stone
Heating
Forced Air, See Remarks
Cooling
See Remarks
Fireplace
Library, Primary Bedroom, Recreation Room
Laundry
Inside, In Kitchen, Laundry Room
Common Walls
No Common Walls

Exterior Features

Architectural Style
Traditional
Exterior Features
Awnings
Roof
Slate
Construction
Brick
Patio and Porch
Brick, Enclosed
Fencing
Brick
Pool Features
None
Spa
None
Water
Public
Utilities
Sewer Available
Units
1

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Curbs

The record

Property History for 1036 W Oceanfront

DateEventPriceNote
Jun 16, 2016 Sold $7,000,000
Apr 20, 2016 Listed for sale $7,595,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1036 W Oceanfront

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 9 of 10 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 10 of 10. Fixed wireless: Verizon, up to 300 Mbps, at 10 of 10.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004023, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.5 miles away (ChargePoint, 2 Level 2 ports). 156 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

1036 W Oceanfront is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 1036 W Oceanfront

Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Balboa Peninsula (Residential) home sales, past 12 months

Homes sold
28
Median price
$7,112,500
Median days on market
36
Median per sq ft
$2,558

Recorded MLS closings of single-family homes, Nov 2, 2025 to Nov 2, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
1123 E Balboa Oct 25, 2026 $10,900,000 2,851 $3,823 36
915 W Bay Avenue Oct 19, 2026 $4,921,000 2,270 $2,168 3
3603 Lake Avenue Oct 5, 2026 $4,550,000 2,200 $2,068 0
1440 W Bay Avenue Sep 9, 2026 $9,125,000 3,264 $2,796 0
3601 Lake Avenue Sep 4, 2026 $4,500,000 2,200 $2,045 7

Schools

School District for 1036 W Oceanfront

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Kimberly Bibb of Villa Real Estate

Listing information updated Apr 30, 2021 at 9:07 AM PT. Source: CRMLS.

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