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3000 West Oceanfront, Newport Beach, CA 92663

$8.5M4bd · 4ba · 2,839 sqft
Lot 2,320 sqft•Single Family Residence•
Active
•7d on market•MLS# OC-26226216

Property Description

An exceptional opportunity to own a prime oceanfront corner property in Newport Beach, featuring an impressive 40 feet of ocean frontage. Ideally positioned directly on the sand, this desirable corner location showcases breathtaking panoramic ocean views and an incredible setting to experience the best of coastal living. The residence features four bedrooms, four bathrooms, and approximately 2,839 square feet of living space. Enjoy spectacular sunsets, the sound of crashing waves, and sweeping views of the Pacific Ocean from this exceptional beachfront setting. Located near the iconic Newport Pier, the property offers convenient access to popular local restaurants, charming coffee shops, beachfront dining, and the many attractions that make the Balboa Peninsula such a desirable destination. Whether enjoyed as a primary residence, coastal retreat, or an opportunity to create your dream beachfront home, the possibilities are endless. A rare opportunity to own a remarkable oceanfront property in one of Newport Beach's most sought-after coastal locations.

Features & Amenities

FeeBuilt 1996

Property Details

Land Type
Fee
Year Built
1996
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Ocean
City
Newport Beach
Zip Code
92663
County
Orange
Listed byCompass, Tara McNabb

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$42,980.63
Principal & Interest
Loan Amount
$6,800,000
Total Interest
$8,673,025
Total Payment Over 30 Years
$15,473,025
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

3000 West Oceanfront, Newport Beach, CA 92663

Newport Beach · Single Family Residence

$8.5M
Luxury Tier
Beds
4
Baths
4
Sqft
2,839
Lot
2,320 sqft
Year
1996
$/Sqft
$2994
Pool: No✓
View: water✓
Garage: 2-car✓

Listed 5.6% below the median closed sale of $9,000,000. Price per sqft ($2,994) is a 12% discount to closed comps ($3,419). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $8.50M· $2,994/sqft
Total list price
Closed comps
vs closed median $9.00M
−$500K (−5.6%)
Active comps
vs active median $8.25M
+$250K (+3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,688
+$306 (+11.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
44 BalboaNewport Beach2016573,7734,014$2,384$8.99M9371
4014 Channel PlaceNewport Beach2024352,7353,420$3,254$8.90M7670
306 OceanfrontNewport Beach2027452,5202,400$3,274$8.25M366
409 EdgewaterNewport Beach1917432,7323,237$2,928$8.00M20160
2907 Cliff DriveNewport Beach1989565,0028,892$1,598$8.00M6136
Total: 5 · Average4.25.23,352.44,392.6$2,687.6$8.43M86.8
Median2,735$8.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4103 SeashoreNewport Beach197901/08/2026742,7242,452$10.00M$9.20M$3,3770.926686
5007 SeashoreNewport Beach202504/02/2026341,9321,732$10.00M$9.60M$4,9690.9615378
1414 OceanfrontNewport Beach200805/21/2026453,3073,075$8.99M$8.65M$2,6160.968069
20 Balboa CovesNewport Beach202501/23/2026453,7553,710$9.49M$9.00M$2,3970.9518162
1340 Bay AvenueNewport Beach195211/18/2025432,0533,778$8.49M$7.67M$3,7380.908360
Total: 5 · Average4.44.22,754.22,949.4$8.82M$8.82M$3,419.4—112.6
Median2,724$9.00M$9.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.