306 E Oceanfront , Newport Beach, CA 92661
$6,850,000
Est. Payment: $34,590.49/mo
4 Bed
5 Bath
2520 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep. Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation. The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. The property currently carries an active short term lodging permit, a credential that adds meaningful optionality to a home on the boardwalk. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach. What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line. Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change. Current list price is reflective of current stage of construction, inquire for more information.

Highlights

Listed by Tyler Brown , 949-220-4409 Serhant California, Inc , 404-713-8008. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.06

Year Built

2027

County

Orange

Area

NP - Balboa Peninsula

School District

Newport Mesa Unified

Listing ID

NP26098260

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Built-In Range, Barbecue, Dishwasher, ENERGY STAR Qualified Water Heater, Electric Oven, Freezer, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Air Cond:Central Air,Whole House Fan,Zoned
Fireplaces:
Floor:Tile,Wood
Other:Ceiling Fan(s),Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Smart Home,Wired for Data,Wired for Sound,All Bedrooms Up,Primary Suite
Other:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Lot Dimensions:30x80
Garage Capacity:2
Others:Rain Gutters,Fire Pit,Under Construction,2+ Total Units
Sewer:Public Sewer
Parking Features:Garage Faces Rear
Principal Interest
$34,590
Taxes
$4,367

Home Price

$6,850,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$1,370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$34,590.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $34,590.49 $4,366.88 $0.00 $38,957.36
Yearly $415,085.88 $52,402.50 $0.00 $467,488.38
Total $12,452,576.38 $1,572,075.00 $0.00 $14,024,651.38

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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