#NP25084081, Jon Flagg, Listing Office: Pacific Sotheby's Int'l Realty

1232 W Oceanfront Newport Beach, CA 92661
Property details
About 1232 W Oceanfront
DEVELOPMENT OPPORTUNITY. This is an oversized lot with dimensions 36.5x103'. The beach in front of this house is clear of dunes and plants, making for wide open ocean views on all floors. This lot would allow a ~4,500sqft house with a 3-car garage, the owner is currently in the process of developing the property. The existing home would be livable with cosmetic remodel, but the process for development is being continued by the owner.
Highlights
(Active Under Contract)
Summary
- Full Bathrooms: 2
- Interior: Bedroom on Main Level
- Fireplace: Living Room
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- View: Ocean
- Cooling: None
- List Price: $7,599,000
- Price/SqFt: $4,177
- Annual Tax Amount: $65,615
- Tax Year: 2024
- Lot: Front Yard
- Directions: Down Newport Blvd, right on 13th street and left into the alley
- Year Built: 1940
- Stories: 2
- Living Area: 1,819 SqFt
- Lot Size: 0.0857 Acres
- MLS Number: OC25011400
- MLS Name: CRMLS
- Office Name: Cefalia Real Estate
- Office Phone: (949) 697-1955
- Listing Agent: Jeff Cefalia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,599,000
1232 W Oceanfront
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 22, 2021 | Home Sold | $5,900,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $6,138,360 | $65,615 |
2023 | $6,018,000 | $64,537 |
2022 | $5,900,000 | $63,351 |
2021 | $180,937 | $3,444 |
2020 | $179,082 | $3,490 |
2019 | $175,571 | $3,483 |
2018 | $172,129 | $3,483 |
2017 | $168,754 | $3,442 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.1 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.5 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
1.9 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,552. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1232 W Oceanfront
The listing price of 1232 W Oceanfront property is $7,599,000.
The property 1232 W Oceanfront is a house located in Newport Beach, California, 92661.
Accepting Backup Offers: 1232 W Oceanfront is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1232 W Oceanfront are: Newport Elementary School (GreatSchools Rating 8/10), Newport Heights Elementary School (GreatSchools Rating 7/10), Mariners Elementary School (GreatSchools Rating 7/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $65,615 (source: MLS/based on county public records data).
The last sale was on November 22, 2021 for $5,900,000 (source: MLS/tax record).
The property at 1232 W Oceanfront has 2 bedrooms and 2 bathrooms.
The property 1232 W Oceanfront is 1,819 SqFt (source: MLS/tax record).
The year of construction for 1232 W Oceanfront is 1940.
This home is located at 1232 W Oceanfront in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 1,819 square foot home, which was built in 1940, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $7,599,000.
Newport Beach, CA housing market in April 2025 saw over 8 listings sold above listed price, more than 16 sold at listed price and over 64 sold below. In April 2025 in Newport Beach, CA there were 6.9% more homes for sale than in March. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $3,600,000.