$8,500,000
4Beds4Baths2,839SqFt
3000 W OceanfrontNewport Beach, CA 92663Balboa Peninsula (Residential)
306 E Oceanfront, Newport Beach, CA 92661
- 4 beds
- 5 baths
- 2,520 sq ft
- 2,400 sq ft lot
- Built 2027
$8,250,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $6,925,000
The home
About 306 E Oceanfront
An exceptional opportunity to own newly constructed oceanfront real estate along Newport Beach's iconic Balboa Peninsula, 306 E Oceanfront is a ground-up residence now well underway, combining striking coastal architecture, thoughtfully curated interiors, and an irreplaceable front-row position on the Pacific. Situated directly along the boardwalk, the property enjoys unobstructed ocean views and a particularly desirable beachfront setting, with an expansive stretch of sand separating the residence from the shoreline, portions of which feature a naturally occurring protective berm.
Designed by Richart Architects, built by Newport Beach-based Marston Builders, and featuring interiors by Jodi Fleming Design, the residence brings together an exceptional team of local talent. The three-story home encompasses approximately 2,520 square feet of habitable space on a 2,400-square-foot oceanfront lot, with three bedrooms, three and a half bathrooms in the primary residence, plus an attached one-bed, one-bath JADU. Expansive living areas open to an extraordinary beachfront patio with expansive depth, a rare luxury along the Peninsula where outdoor space is often limited.
Above, multiple rooftop entertaining areas, including an outdoor kitchen, capture sweeping panoramic views of the Pacific and surrounding coastline. With construction progressing, approved plans, permits, and a comprehensive design program already in place, much of the complexity of bringing an oceanfront development to life has been addressed. Offered at its current stage of construction, the listed price reflects the underlying real estate, improvements completed to date, approved plans, and established project infrastructure. A discerning buyer has the opportunity to continue with the exceptional team already assembled, and potentially personalize finishes to their own vision. Further enhancing the offering, the primary residence holds an active short-term lodging permit.
Direct boardwalk frontage, an exceptionally generous oceanfront patio, an acclaimed design and construction team, and the opportunity to shape the final expression of a remarkable coastal residence. An increasingly rare offering on Newport Beach's oceanfront.
Renderings are conceptual only. Final design, materials, and features are subject to change. Current list price is subject to change with progression of construction, inquire for more information.
Property details for 306 E Oceanfront
This 4-bedroom, 5-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 2,520 square feet of living space and is listed at $8,250,000, about $3,274 per square foot. The home was built in 2027. The MLS record lists the assessor parcel number as 048-082-08. Highlights include ocean and coastline views, ocean frontage, a fireplace, an attached two-car garage, a 2,400-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $8,250,000
- Days On Site
- New Today
- Bedrooms
- 4
- Inside Area (SqFt)
- 2,520 sqft
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Lot Size
- 2,400 SqFt
- Year Built
- 2027
- MLS® Number
- NP26231403
- Status
- Coming Soon
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP26231403
- Year Built
- 2027
- Builder
- Marston Builders
- Living Area (sq ft)
- 2,520
- Lot Size (sq ft)
- 2,400
- Lot Size (acres)
- 0.0551
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Coastline, Mountains, Neighborhood, Ocean, Panoramic, Pier, Water
- Parcel Number
- 04808208
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Separate Formal Dining Room, Eat In Kitchen, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Smart Home, Wired For Data, Wired For Sound, All Bedrooms Up, Primary Suite, Walk In Pantry, Walk In Closets
- Appliances
- Built In Range, Barbecue, Dishwasher, Energy Star Qualified Water Heater, Electric Oven, Freezer, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater
- Flooring
- Tile, Wood
- Heating
- Central, Zoned
- Cooling
- Central Air, Ductless, High Efficiency, Whole House Fan, Zoned
- Fireplace
- Living Room
- Laundry
- Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Double Pane Windows
- Doors
- Sliding Doors
- Rooms
- Other, Bathroom, Kitchen, Dining Room, Pantry, Bedroom, Living Room, Primary Bedroom
Exterior Features
- Architectural Style
- Contemporary, Modern
- Exterior Features
- Rain Gutters
- Roof
- Composition, Other
- Foundation
- Slab
- Lot Features
- Rectangular Lot
- Patio and Porch
- Patio, Rooftop
- Parking
- Garage Faces Rear
- Fencing
- Glass, Stucco Wall
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
- Condition
- Under Construction
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Storm Drains, Street Lights, Suburban, Sidewalks
- Security
- Prewired, Security System, Fire Sprinkler System, Smoke Detectors
The record
Property History for 306 E Oceanfront
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 26, 2026 | Listed for sale | $8,250,000 | |
| Apr 19, 2024 | Sold | $4,950,000 | Pacific Sotheby's Int'l Realty |
| Oct 3, 2022 | Sold | $5,300,000 | Villa Real Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 306 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
Cost of ownership
Estimated monthly payment
7.32% · 30-yr fixed$
$63,930/mo
10% down · 30-year fixed · $825,000 down
Principal & interest$51,005
Mortgage insurance (est., over 80% LTV)$3,094
Property tax (est. 1.08%)$7,425
Home insurance (rough est., varies widely)$2,406
HOANot reported, not included
$55,168/mo
20% down · 30-year fixed · $1,650,000 down
Principal & interest$45,337
Property tax (est. 1.08%)$7,425
Home insurance (rough est., varies widely)$2,406
HOANot reported, not included
$49,501/mo
30% down · 30-year fixed · $2,475,000 down
Principal & interest$39,670
Property tax (est. 1.08%)$7,425
Home insurance (rough est., varies widely)$2,406
HOANot reported, not included
Estimated carrying cost
$9,831/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$7,425
Home insurance (rough est., varies widely)$2,406
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 306 E Oceanfront
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Selling near 306 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
- 27
- Median price
- $6,925,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Oct 19, 2025 to Oct 19, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Balboa Peninsula (Residential) sales
At $3,274 per square foot, this home's asking price is 31% above the Balboa Peninsula (Residential) median of $2,501 for single-family homes that closed in the past 12 months.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 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 |
| 6704 W Oceanfront | Sep 2, 2026 | $8,400,000 | 2,640 | $3,182 | 91 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
Schools for 306 E Oceanfront
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 306 E Oceanfront, Newport Beach
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Listed by Tyler Brown of Serhant California, Inc
Listing information updated Oct 26, 2026 at 10:57 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.