$6,600,000
3Beds3Baths2,562SqFt
1303 E Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
314 E Oceanfront sold on March 11, 2024 for $6,600,000, 5.6% below the $6,995,000 asking price after 403 days on the market; it was first listed at $7,895,000. The buyer financed the purchase. The details are below for reference.
314 E Oceanfront, Newport Beach, CA 92661
- 3 beds
- 4 baths
- 2,583 sq ft
- 2,400 sq ft lot
- Built 2001
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$6,600,000
Subdivision Balboa Peninsula (Residential)
28 single-family homes sold in the past 12 months · median $7,112,500
The home
About 314 E Oceanfront
The charm of Cape Cod meets the allure of Newport Beach at this elegant oceanfront residence on the Balboa Peninsula. Step onto the sand from your spacious front patio, and enjoy panoramic ocean, beach and sunset views from the primary suite’s balcony. A shingled-cottage exterior creates a welcoming ambiance at the seaside home, which showcases a seamless open-concept main level that opens to the front patio and features a living room with fireplace and built-in cabinetry, a spacious dining room, and a custom kitchen with black stone countertops, a hand-carved island with butcher-block top, white bead-board cabinetry with illuminated glass uppers, a pantry with a custom French door, and a suite of top-of-the-line appliances from Sub-Zero, Wolf and Dacor. Wood flooring graces the entire residence and complements impeccably crafted millwork, including crown molding, wainscoting and custom vanities. Upscale nautical elements complement the beachfront setting, and an elegant staircase, skylights, custom tilework, and premium paint and wall treatments embellish throughout. Three ensuite bedrooms and three- and one-half baths are revealed in a two-level floorplan of approximately 2,583 square feet. All bedrooms are crowned with vaulted ceilings, and the ocean-view primary suite presents a sitting area with fireplace, two walk-in closets with furniture-caliber built-ins, and an opulent bath with separate vanities, a separate shower and a jetted tub. The home’s location is without compare. Not only does it open directly to the beach, it is just a few blocks from the Balboa Fun Zone, the Balboa Island ferry terminal, Peninsula Park and the Balboa Pier. Nationally acclaimed schools serve the community, and Fashion Island, Newport Coast, Crystal Cove, Corona del Mar and Laguna Beach are enviably convenient.
Property details for 314 E Oceanfront
This 3-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,583 square feet of living space on a 2,400-square-foot lot. The home was built in 2001. The MLS record lists the assessor parcel number as 048-082-16. Highlights include ocean and coastline views, ocean frontage, a fireplace, an attached two-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP23004858
- Year Built
- 2001
- Living Area (sq ft)
- 2,583
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,400
- Lot Size (acres)
- 0.0551
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 3
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Coastline, Ocean, Panoramic, Water
- Parcel Number
- 04808216
- On Market Date
- 2023-01-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Built In Features, Balcony, Crown Molding, Separate Formal Dining Room, Eat In Kitchen, Recessed Lighting, Walk In Closets
- Appliances
- Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Warming Drawer
- Flooring
- Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Laundry Room, Upper Level
- Main Level Bathrooms
- 1
- Common Walls
- No Common Walls
- Windows
- Blinds
- Doors
- French Doors
Exterior Features
- Exterior Features
- Lighting
- Lot Features
- Front Yard
- Parking
- Direct Access, Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking
The record
Property History for 314 E Oceanfront
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 11, 2024 | Sold | $6,600,000 | |
| Mar 1, 2024 | Status changed to Pending | From Active Under Contract | |
| Feb 29, 2024 | Status changed to Active Under Contract | From Active | |
| Sep 25, 2023 | Price reduced | $6,995,000 | From $7,495,000 |
| Jul 24, 2023 | Price reduced | $7,495,000 | From $7,895,000 |
| Jan 19, 2023 | Listed for sale | $7,895,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 314 E 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 06059C0382K 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 17 of 19 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 19 of 19. Fixed wireless: T-Mobile, up to 100 Mbps, at 16 of 19.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003033, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.1 miles away (Tesla Destination, 1 Level 2 port). 154 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
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Selling near 314 E Oceanfront
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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, Oct 31, 2025 to Oct 31, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days 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 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
Schools for 314 E Oceanfront
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Horace Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Tim Smith of Coldwell Banker Realty
Listing information updated Mar 11, 2024 at 4:09 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.