1554 E Oceanfront, Newport Beach, California 92661, Newport Beach, - bed, bath

home-pic
ACTIVE$14,200,000
1554 E Oceanfront, Newport Beach, California 92661
5Beds
6Baths
3,649Sqft
3,280Lot
Year Built
2004
Close
-
List price
$14.2M
Original List price
$14.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25108431
Home ConditionGood
Features
Excellent View: Catalina, Ocean, Panoramic
Patio
ViewCatalina, Ocean, Panoramic

About this home

Experience the epitome of luxury beachfront living at 1554 E Oceanfront in Newport Beach, California. This stunning residence, located in the prestigious Balboa Peninsula Point offers a captivating blend of elegance and modern amenities. Boasting five spacious bedrooms and a five-car subterranean garage, this home promises ample space and convenience for both residents and guests. Step in to where the kitchen and living room seamlessly merge to create a harmonious space designed for comfort and elegance. The gourmet kitchen features top-of-the-line appliances, sleek countertops, and ample storage, making it a chef's delight and perfect for both intimate meals and grand entertaining. The adjoining living room is a sanctuary of relaxation, with its open-plan design providing a seamless flow from one area to the next. Expansive sliding glass doors open onto a stunning patio, blurring the lines between indoor and outdoor living and offering uninterrupted views of the majestic ocean. This exquisite setting is perfect for enjoying the tranquility of seaside breezes and breathtaking sunsets, creating a perfect backdrop for both everyday living and memorable Situated on 40 feet of Oceanfront frontage, the residence offers direct access to the beach, making it an ideal retreat for those who cherish the sound of waves and the feel of sand underfoot. The surrounding area is celebrated for its coastal charm and proximity to various amenities, ensuring a lifestyle of comfort and leisure. This exceptional oceanfront home is not just a residence; it's a gateway to a luxurious beachside lifestyle.

Nearby schools

9/10
Newport Elementary School
Public,PK-61.8mi
7/10
Horace Ensign Intermediate School
Public,7-82.1mi
7/10
Newport Harbor High School
Public,9-122.3mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds53
96%
Baths64
92%
Square foot3,6492,600
92%
Lot Size3,2802,660
68%
Price$14.2M$6.55M
92%
Price per square foot$3,891$2,912
80%
Built year20041999
60%
HOA
Days on market174204
40%
Condition Rating
Good

The property was built in 2004, placing it within the 10-20 year range. The kitchen features modern appliances and sleek countertops. The bathrooms appear well-maintained, although some fixtures might be slightly dated. Overall, the property seems move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Prime Oceanfront Location: Located directly on the oceanfront in the desirable Balboa Peninsula Point, offering immediate beach access and stunning views.
Spacious and Luxurious: Features five bedrooms and six bathrooms, providing ample space for family and guests, coupled with luxurious finishes.
Subterranean Garage: A rare five-car subterranean garage offers secure and convenient parking, a significant advantage in this area.
Modern Gourmet Kitchen: The gourmet kitchen is equipped with top-of-the-line appliances, sleek countertops, and ample storage, ideal for cooking and entertaining.
Seamless Indoor/Outdoor Living: Expansive sliding glass doors create a seamless transition to a stunning patio with uninterrupted ocean views, perfect for enjoying the coastal lifestyle.

Cons

High Price Point: The list price of $14,200,000 positions it at the higher end of the market, potentially limiting the pool of buyers.
Limited Lot Size: The lot size of 3,280 sqft is relatively small for a property of this value, potentially limiting outdoor space and privacy.
HOA Fees: HOA fees are not mentioned, and could be a potential drawback.

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