$10,995,000
4Beds6Baths2,851SqFt
1123 E BalboaNewport Beach, CA 92661Balboa Peninsula (Residential)
1228 W Oceanfront, Newport Beach, CA 92661
$11,999,999
190 Days On Site
Est. $77,847/mo with 20% down, 30-year fixed
- Beds
- 3
- Baths
- 4
- Sq Ft
- 3,669
- Per Sq Ft
- $3,271
- Sq Ft Lot
- 3,733
- Built
- 1998
- Garage
- 3-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula (Residential)
31 single-family homes sold in the past 12 months · median $6,925,000
This property is also on the market under MLS NP26194536 (Residential Lease).
About 1228 W Oceanfront
Set on one of the Peninsula’s deeper oceanfront lot segments, with approximately 102.5 feet of depth, this boardwalk-front residence offers roughly 3,669 square feet, sweeping Pacific views, a generous brick patio steps from the sand, and an unusually capable parking package: a three-car garage plus two additional outside spaces.
The professionally decorated interior was comprehensively refreshed in 2018, including the kitchen, flooring, primary bath, and guest bedrooms. Wide ocean-facing doors connect the main living spaces to the patio for everyday coastal living and entertaining. The open kitchen features a custom marble island, Viking range, and Sub-Zero refrigerator. An ocean-view office adjoining the primary suite provides a dedicated work-from-home retreat, while the large flex room—currently arranged for billiards—can serve as a media room, den, studio, or additional gathering space.
Additional features include a tankless water heater and vaulted ceilings in the three-car garage. Positioned along the boardwalk west of Newport Pier and a short walk from Newport Elementary, 1228 W Oceanfront combines deep-lot scale, flexible interiors, broad ocean views, and parking for five vehicles in a package that is difficult to replicate on the Peninsula. Property being advertised as furnished with the sale.
Property details for 1228 W Oceanfront
This 3-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 3,669 square feet of living space and is listed at $11,999,999, about $3,271 per square foot. The home was built in 1998. The MLS record lists the assessor parcel number as 047-241-20. Highlights include ocean views, ocean frontage, a fireplace, an attached three-car garage, a 3,733-square-foot lot, and Spanish architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $11,999,999
- Days On Site
- 190 Days
- Bedrooms
- 3
- Inside Area (SqFt)
- 3,669 sqft
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- N/A
- Lot Size
- 3,733 SqFt
- Year Built
- 1998
- MLS® Number
- PW26061746
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW26061746
- Year Built
- 1998
- Living Area (sq ft)
- 3,669
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,735
- Lot Size (acres)
- 0.0857
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 4
- Garage Spaces
- 3
- Parking Spaces
- 5
- View
- Ocean
- Parcel Number
- 04724120
- On Market Date
- 2026-03-21
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Area, Separate Formal Dining Room, Eat In Kitchen, All Bedrooms Up, Primary Suite
- Appliances
- Gas Range, Tankless Water Heater, Dryer, Washer
- Flooring
- Wood
- Heating
- Central
- Cooling
- Whole House Fan
- Fireplace
- Living Room
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 3
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Primary Bedroom, Kitchen, Dining Room, Bedroom, Primary Bathroom, Game Room
Exterior Features
- Architectural Style
- Spanish
- Exterior Features
- Awnings, Rain Gutters
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Brick
- Parking
- Door Multi, Garage, One Space
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Sewer Connected, Water Connected
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Suburban
Property History for 1228 W Oceanfront
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 21, 2026 | Listed for sale | $13,799,000 | |
| Aug 25, 2017 | Sold | $6,550,000 | Coldwell Banker Res. Brokerage |
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
31Homes sold
$6,925,000Median price
51Median days on market
$2,616Median per sq ft
At $3,271 per square foot, this home's asking price is 25% above the Balboa Peninsula (Residential) median of $2,616 for single-family homes that closed in the past 12 months.
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 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 |
|---|---|---|---|---|---|
| 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 |
| 524 W Oceanfront | Sep 1, 2026 | $13,650,000 | 6,249 | $2,184 | 78 |
| 1589 E Ocean Boulevard | Aug 18, 2026 | $4,000,000 | 3,052 | $1,311 | 11 |
School District for 1228 W Oceanfront
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Estimated monthly payment
6.95% · 30-yr fixed$
$90,290/mo
10% down · 30-year fixed · $1,200,000 down
Principal & interest$71,490
Mortgage insurance (est., over 80% LTV)$4,500
Property tax (est. 1.08%)$10,800
Home insurance (rough est., varies widely)$3,500
HOANot reported, not included
$77,847/mo
20% down · 30-year fixed · $2,400,000 down
Principal & interest$63,547
Property tax (est. 1.08%)$10,800
Home insurance (rough est., varies widely)$3,500
HOANot reported, not included
$69,904/mo
30% down · 30-year fixed · $3,600,000 down
Principal & interest$55,604
Property tax (est. 1.08%)$10,800
Home insurance (rough est., varies widely)$3,500
HOANot reported, not included
Estimated carrying cost
$14,300/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$10,800
Home insurance (rough est., varies widely)$3,500
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 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.
Buying 1228 W Oceanfront
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Location
Virtual tour of 1228 W Oceanfront
Photos of 1228 W Oceanfront, Newport Beach
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Listed by Lucas Kinney of Balboa Island Estates
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.
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