3312 W Oceanfront, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$10,000,000
3312 W Oceanfront, Newport Beach, California 92663
4Beds
5Baths
2,800Sqft
2,250Lot
Year Built
1957
Close
-
List price
$10M
Original List price
$10M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25146526
Home ConditionGood
Features
Excellent View: Bay, Back Bay, Bluff, Canal, Catalina, City Lights, Coastline, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Pier
Deck
Spa
ViewBay,Back Bay,Bluff,Canal,Catalina,City Lights,Coastline,Harbor,Hills,Marina,Mountain(s),Neighborhood,Ocean,Panoramic,Pier

About this home

Discover a rare opportunity to own a modern beachfront home in one of Newport Beach’s most coveted locations. Ideally positioned on the boardwalk at 34th Street, this three-story residence—with a transferable short-term lodging permit—offers sweeping ocean and Catalina Island views, high-end design, and effortless coastal living just steps from the sand. Designed to maximize natural light and capture panoramic vistas, the home features floor-to-ceiling infinity glass doors on all three levels, seamlessly blending indoor and outdoor spaces. The main level showcases an open-concept layout anchored by a chef’s kitchen with stainless steel appliances, Sub-Zero refrigerator, custom cabinetry, and elegant countertops—perfect for both everyday living and entertaining. Upstairs, three spacious bedrooms each offer ensuite baths and walk-in closets. The luxurious primary suite opens to a private ocean-facing deck and includes a spa-style bath with soaking tub, steam shower, separate water closet, and expansive closet space. A third-floor bonus room with a full bath opens to the rooftop deck, where a boardwalk-facing hot tub, lounge seating, and retractable awning create the perfect space to unwind or entertain. Additional amenities include a full-size laundry room with generous storage, smart TVs throughout, USB-integrated outlets, a modern security system with exterior cameras, and a two-car garage with EV charging outlets. Currently operated as one of Newport Beach’s highest-performing short-term vacation rentals, this property delivers strong, consistent income. It has been professionally managed for over a decade, and the current owner has maintained it in pristine condition. Its prime oceanfront location, turnkey condition, and rare transferable permit make it a standout investment for buyers seeking a hybrid of lifestyle and income potential. Whether you're looking for a full-time residence, second home, or income-producing coastal retreat, this exceptional property offers immediate value—and a rare chance to own a proven performer in one of Southern California’s most iconic beachfront communities. (Verified income records available upon request; short-term lodging permit transfers to the buyer.)

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.0mi
9/10
Newport Elementary School
Public,PK-61.1mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (80 Listings)
Beds44
50%
Baths54
68%
Square foot2,8002,643
53%
Lot Size2,2503,600
17%
Price$10M$4.9M
89%
Price per square foot$3,571$1,861
89%
Built year19571960
46%
HOA
Days on market127188
26%
Condition Rating
Good

The property, built in 1957, has been significantly updated. The kitchen features stainless steel appliances and custom cabinetry. The bathrooms appear modern with updated fixtures. The overall condition, based on the images, suggests a well-maintained property that is move-in ready, although not newly built or fully renovated recently.
Pros & Cons

Pros

Prime Oceanfront Location: Located directly on the boardwalk at 34th Street in West Newport Beach, offering immediate beach access and high visibility.
Sweeping Ocean Views: Features panoramic ocean and Catalina Island views from all three levels, maximizing the coastal living experience.
Transferable Short-Term Lodging Permit: Rare and valuable transferable permit allows for immediate operation as a high-performing vacation rental.
Modern Design and High-End Finishes: Boasts a chef's kitchen with stainless steel appliances, Sub-Zero refrigerator, custom cabinetry, and luxurious primary suite with spa-style bath.
Income-Producing Potential: Proven track record as a successful short-term rental with consistent income, making it an attractive investment opportunity.

Cons

Year Built: Built in 1957, the property may require ongoing maintenance and potential upgrades compared to newer constructions.
Lot Size: Relatively small lot size of 2,250 sqft may limit outdoor space and expansion possibilities.
High Price Point: Listed at $10,000,000, the property is positioned at the higher end of the market, potentially limiting the pool of buyers.

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