2212 W Oceanfront, Newport Beach, CA, 92663
About This Home
Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. With amazing Catalina Island, Ocean, and Pier views, along with Coastal breezes and a highly walkable location, the property provides convenient access to nearby Lido Village, the Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions. This area is positioned among the closest residential neighborhoods to the ocean on the Peninsula. The property also presents potential future upside with zoning allowing for a third level and/or mixed-use configuration, subject to city approval and Buyer verification. Also appealing to investors seeking short-term lodging opportunities, subject to required permits, and currently represents one of the most attractive price-per-square-foot opportunities among oceanfront residential income properties on the Peninsula. Recently remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and rear patio, featuring 2 bedrooms and 3 bathrooms. Each unit includes an attached garage, additional parking space, indoor laundry, and storage. Nearby amenities include surfing, paddleboarding, boating, yacht charters, biking paths, Fashion Island, Crystal Cove State Park, and the vibrant Newport Harbor lifestyle. Whether used as a second home, income property, or long-term investment, this duplex offers a rare opportunity in one of the Peninsula’s most desirable oceanfront locations. Rear Patio furniture and third-level addition shown are renderings for illustration purposes only.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Inside
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
Features
- Balcony,Open Floorplan,Recessed Lighting,Storage
- Window features: Blinds
- Flooring: Laminate
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Central
Interior Area
- Total structure area: 3,002
- Total interior livable area: 3,002 sqft
Property
Details
- Parcel number: 04714327
- Special condition: Standard
- Exclusions: Furniture and personal belongings
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Coastline,Ocean,Panoramic,Pier,Water
- Has water view: Yes
- Water view: Coastline,Ocean,Pier,Water
- Waterfront features: Across the Road Water Frontage,Beach Access,Ocean Side Of Freeway,Ocean Side Of Highway
Lot
- Lot size: 3,049 sqft
- Features: Street Level
Parking
- Total spaces: 4
- Parking features: Covered,Door-Multi,Direct Access,Driveway,Garage,Paved,Garage Faces Rear,One Space
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $29,302 | $351,624 |
| Home Insurance * | $460 | $5,520 |
| Property Taxes | $5,153 | $61,836 |
| Electricity | $643 | $7,724 |
| Total | $35,558 | $426,696 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Listed for sale | $5,795,000 |
| 2026-05-03 | Listing removed | -- |
| 2026-02-26 | Listed for sale | $5,555,000 |
| 2026-01-07 | Listing removed | $15,000 |
| 2025-11-20 | Listed for rent | $15,000 |
| 2021-01-15 | Listing removed | -- |
| 2021-01-07 | Pending sale | $3,998,000 |
| 2020-10-03 | Price change | $3,998,000 |
| 2020-09-09 | Price change | $3,950,000 |
| 2020-08-15 | Price change | $3,999,000 |
| 2020-07-29 | Price change | $4,399,000 |
| 2020-07-24 | Listed for sale | $4,799,000 |
| 2019-10-28 | Listing removed | $4,395,000 |
| 2019-07-15 | Listed for sale | $4,395,000 |
| 2018-10-15 | Sold | $2,800,000 |
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