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#LG25064052, Richard Dewey, Listing Office: Pacific Sotheby’s International Realty
#NP25057409·
Listing office: Arbor Real Estate·
Listing agent: James Gray·
Listing office phone: 949-375-2428
$18,350,000 List price
706 W Oceanfront Newport Beach, CA 92661
4 beds
4 full, 2 partial
4,270 sqft
0.10 acres
$4,297 / sqft
House
Property details
About 706 W Oceanfront
Experience the pinnacle of beachfront luxury in this extraordinary home. One of fewer than twenty properties on the entire Newport Beach oceanfront boasting over 60 feet of prime frontage, this newly built (2023) architectural gem offers an unparalleled coastal living experience. With 4,270 square feet of meticulously designed living space, plus 1,083 square feet of deck space, this four-bedroom, four-bathroom estate (plus two powder baths) blends modern sophistication with breathtaking ocean views. Every inch of this home showcases top-tier craftsmanship and cutting-edge technology. Soaring 9-foot+ ceilings, limestone flooring, and wall-to-wall Fleetwood doors seamlessly connect the indoors with the spectacular beachfront surroundings. The primary suite is a true retreat, featuring a spa-like bath with an infrared sauna, Samsung AirDresser, his-and-her water closets with Kohler Veil commodes, and dual Brown Safes. The chef’s kitchen is equipped with Miele, Wolf, and Sub-Zero appliances and walk-in pantry, while the bonus room includes a sink, fridge/freezer drawers, and an ice maker. A gym with panoramic ocean views makes every workout extraordinary. Designed for effortless luxury, this estate is outfitted with a Lutron smart home system, whole house water filtration system, electronic shades, WiFi, and a cellular booster. A rooftop deck with a full outdoor kitchen (BBQ, refrigerator, ice maker, sink) provides mesmerizing ocean and bay views, making it the ultimate space for relaxation and entertainment. This home is not only stunning but also highly efficient, featuring a 33-panel solar system with two Tesla solar batteries for backup power. The Boutique Luxury elevator, Fleetwood windows and doors, flush baseboards with reglet detail, and custom trestle interior doors with concealed hinges further highlight the precision and quality of this extraordinary residence. With a three-car air conditioned garage, there is ample space for vehicles and storage, ensuring both convenience and security. This one-of-a-kind double-lot estate offers an unrivaled oceanfront location, providing an exclusive opportunity to own a premier property on the Newport Beach Oceanfront.
Highlights
Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size4,270 sqft
Lot size0.0964 Acres
Year built2023
MLS #NP25057409
Attached garage3 spaces
FireplaceFamily Room, Primary Bedroom
ViewBay, Ocean
Summary
- MLS Number: NP25057409
- MLS Name: CRMLS
- Office Name: Arbor Real Estate
- Office Phone: (949) 375-2428
- Listing Agent: James Gray
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: 4/15/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$18,350,000
706 W Oceanfront
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 21, 2019 | Home Sold | $8,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $9,749,111 | $103,691 |
| 2023 | $9,405,931 | $100,197 |
| 2022 | $8,391,097 | $89,677 |
| 2021 | $7,768,909 | $83,515 |
| 2020 | $8,160,000 | $87,679 |
| 2019 | $647,123 | $8,611 |
| 2018 | $634,435 | $8,611 |
| 2017 | $621,996 | $8,519 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.5 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.8 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 $105,357. Most Newport Beach, CA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
20%
<35k
28%
35k-100k
38%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
4%
Single, with Kids
25%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 706 W Oceanfront
This home is located at 706 W Oceanfront in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 4,270 square foot home, which was built in 2023, sits on a 0.10 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 16, 2025 and is currently priced at $18,350,000.
While more than 14 listings in Newport Beach, CA in March 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Newport Beach, CA increased by 3.8% between February and March 2025. While the average time on the market in March 2025 was 43 days, the median list price was $3,578,461.
From Rocket Homes Real Estate and based on county public records data.