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Sold

706 W Oceanfront sold on April 23, 2026 for $14,900,000, 6.8% below the $15,995,000 asking price after 7 days on the market. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Apr 23, 2026

706 W Oceanfront, Newport Beach, CA 92661

  • 4 beds
  • 6 baths
  • 4,489 sq ft
  • 4,200 sq ft lot
  • Built 2023

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$14,900,000

MLS# NP26058917

Subdivision Balboa Peninsula (Residential)

27 single-family homes sold in the past 12 months · median $7,300,000

See homes for sale in Balboa Peninsula

The home

About 706 W Oceanfront

Commanding a rare double-lot along the pristine sands of Newport Beach, this newly completed architectural masterpiece stands as a statement of modern coastal luxury. With over 60 feet of coveted ocean frontage, the residence encompasses 4,500 square feet of meticulously composed interiors, complemented by expansive terraces that capture uninterrupted views of the Pacific Ocean, Newport Harbor, and Catalina Island. Every detail reflects a refined sensibility — soaring ceilings, limestone floors, and walls of glass that dissolve the boundary between inside and out. The primary suite is a sanctuary unto itself, offering a spa-inspired bath with an infrared sauna, two state of the art walk in closets, dual vanities, and your own Air Dresser Steamer. Designed for both relaxation and entertaining, the home features a chef’s kitchen appointed with Miele, Wolf, and Sub-Zero appliances, a bonus lounge with wet bar, a fitness studio overlooking the ocean, and a rooftop retreat with a full outdoor kitchen and panoramic vistas of the ocean and bay. A Boutique Luxury elevator, advanced smart home systems, solar integration with Tesla backup, and a climate-controlled three-car garage further distinguishes this exceptional estate. Poised on one of the most exclusive stretches of the California coastline, 706 W Oceanfront offers an unparalleled opportunity to embrace the quintessential Newport Beach lifestyle at the water’s edge.

Property details for 706 W Oceanfront

This 4-bedroom, 6-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 4,489 square feet of living space on a 4,200-square-foot lot. The home was built in 2023. The MLS record lists the assessor parcel number as 048-023-10. Highlights include ocean and coastline views, ocean frontage, a spa, a fireplace, an attached three-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP26058917
Year Built
2023
Living Area (sq ft)
4,489
Living Area Source
Assessor
Lot Size (sq ft)
4,200
Lot Size (acres)
0.0964
Levels
Three Or More
Bedrooms
4
Full Baths
4
Half Baths
2
Garage Spaces
3
Parking Spaces
3
View
Bay, Catalina, City Lights, Coastline, Ocean, Water
Parcel Number
04802310
On Market Date
2026-03-24
Listing Terms
Standard

Interior Features

Interior Features
Wet Bar, Built In Features, Balcony, Ceiling Fans, Separate Formal Dining Room, Elevator, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Bar, Bedroom On Main Level, Primary Suite, Walk In Pantry, Walk In Closets
Appliances
Built In Range, Barbecue, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Water To Refrigerator, Warming Drawer, Water Purifier
Flooring
Stone
Heating
Fireplaces
Cooling
Central Air
Fireplace
Family Room, Gas, Primary Bedroom
Laundry
Laundry Room, Upper Level
Main Level Bedrooms
1
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Windows
Custom Coverings
Doors
Double Door Entry, Sliding Doors
Accessibility
Safe Emergency Egress From Home, Accessible Elevator Installed, Parking, Accessible Doors
Rooms
Sauna, Living Room, Bathroom, Kitchen, Dining Room, Other, Exercise Room, Primary Bedroom, Entry Foyer, Pantry, Laundry, Bonus Room

Exterior Features

Architectural Style
Custom
Exterior Features
Barbecue
Roof
Flat, Metal
Lot Features
Sprinklers Timer, Sprinkler System, Walkstreet
Patio and Porch
Covered, Deck, Open, Patio, Rooftop
Parking
Direct Access, Garage, Garage Faces Rear
Pool Features
None
Spa
Above Ground, Roof Top
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Condition
Turnkey
Units
1

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Biking, Curbs, Sidewalks, Water Sports
Security
Security System

The record

Property History for 706 W Oceanfront

DateEventPriceNote
Apr 23, 2026 Sold $14,900,000
Mar 24, 2026 Listed for sale $15,995,000
Jul 5, 2019 Sold $7,825,000 Villa Real Estate

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 706 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 22 of 22 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 22 of 22. DSL: AT&T, up to 10 Mbps, at 2 of 22.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004025, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.8 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

706 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 706 W 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
27
Median price
$7,300,000
Median days on market
35
Median per sq ft
$2,501

Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 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 706 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 Pacific Sotheby's Int'l Realty

Listing information updated Sep 30, 2026 at 12:03 PM PT. Source: CRMLS.

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