916 East Oceanfront, Newport Beach, CA 92661
916 East Oceanfront, Newport Beach, CA 92661
Property Description
$705K PRICE IMPROVEMENT! - Discover the coastal dream at 916 E Oceanfront--a rare and completely remodeled oceanfront duplex perched right on the iconic boardwalk, where the sand, surf, and vibrant Balboa lifestyle beckon. This prime property offers two distinct gem units! The lower unit features a chic 2-bedroom, 2-bath retreat with coveted STLP permits, a sprawling open floor plan with moving glass walls the entire length of the living room opening to the patio with phenomenal boardwalk and ocean views! The upper unit consists of 3-bedrooms, 2-baths, with STLP permits, and offers a private balcony showcasing jaw-dropping, panoramic ocean views that stretch to the horizon. There is also a 3-Car Garage great for hassle-free coastal living. Wake up to the rhythm of the tide, with the beach, the boardwalk, and lush Balboa Park right at your doorstep! This property is also conveniently located just two blocks from the historic Balboa Pier, and the lively Balboa Village, which offers eclectic shops, top-notch dining, bars, and endless seaside adventures. This isn't just a Duplex, it's a front-row seat to paradise! Schedule your tour today!
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About Balboa Peninsula Point
This property is located in Balboa Peninsula Point, a community in Newport Beach. Explore more listings in this neighborhood to compare options and pricing.
View Balboa Peninsula Point ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Balboa Peninsula Point · Newport Beach · Duplex
Listed 86.5% above the median closed sale of $3,750,000. Price per sqft ($2,797) is a 61% premium to closed comps ($1,740). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 423 Via Lido Soud | Newport Beach | 1979 | 5 | 3 | 2,691 | 3,267 | $3,268 | $8.79M | 51 | 66 |
| 1527 Balboa | Newport Beach | 1946 | 5 | 3 | 2,000 | 2,561 | $1,998 | $4.00M | 58 | 66 |
| 2212 Oceanfront | Newport Beach | 1965 | 5 | 5 | 3,002 | 3,049 | $1,930 | $5.79M | 131 | 65 |
| 126 45th Street | Newport Beach | 1965 | 5 | 4 | 2,320 | 2,614 | $1,808 | $4.20M | 10 | 60 |
| 1311 Bay Avenue | Newport Beach | 1947 | 5 | 4 | 2,335 | 2,614 | $2,139 | $5.00M | 151 | 58 |
| Total: 5 · Average | 5.0 | 3.8 | 2,469.6 | 2,821 | $2,228.6 | $5.55M | 80.2 | |||
| Median | 2,335 | $5.00M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 137 Topaz | Newport Beach | 1946 | 06/04/2026 | 5 | 4 | 2,545 | 2,614 | $3.79M | $3.83M | $1,507 | 1.01 | 35 | 59 |
| 216 Amethyst | Newport Beach | 1960 | 07/30/2026 | 5 | 5 | 2,363 | 2,614 | $3.50M | $3.18M | $1,346 | 0.91 | 188 | 58 |
| 224 Amethyst | Newport Beach | 1967 | 09/29/2026 | 5 | 5 | 2,805 | 2,614 | $4.15M | $3.74M | $1,332 | 0.90 | 169 | 58 |
| 210 Opal | Newport Beach | 1935 | 09/25/2026 | 5 | 3 | 2,024 | 2,614 | $3.75M | $3.75M | $1,853 | 1.00 | 31 | 54 |
| 1403 N Bayfront | Newport Beach | 1939 | 08/03/2026 | 5 | 3 | 2,105 | 2,550 | $5.70M | $5.60M | $2,660 | 0.98 | 40 | 54 |
| Total: 5 · Average | 5.0 | 4.0 | 2,368.4 | 2,601.2 | $4.02M | $4.02M | $1,739.6 | — | 92.6 | ||||
| Median | 2,363 | $3.75M | $3.75M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.