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1228 W Oceanfront, Newport Beach, CA, 92661

3beds
4baths
3,669sqft
$12,999,999
$3,543price/sqft
$78,813/moest. monthly cost
$3,152,520/yrincome needed

About This Home

Welcome to the beach, the sand, and the surf. This ocean front property is everything living in Newport should be and quite a bit more. Recently remodeled throughout the entire home we have a splash of Spanish on the exterior blended into a fully furnished modern California coastal interior. Walk right off the sand into your home's large brick patio featuring multiple seating areas, grill, space heaters, and outdoor dining table. Welcoming you inside is the fully open sliding panel glass doors where you can glide over to the living room. The mainstay of every home is a beautiful, inviting, and social kitchen. The kitchen hub is a custom marble island with easy lines for friends and family to eat, drink, and play across the open concept adjacent dining room. Echoing the clean and crisp precision of the space is all stainless steel appliances including a Viking range and Subzero refrigerator. Just down the hall is a full sized billiards room all prepped for your first game of the summer. For the full appreciation of this view there's a gorgeous set of brass binoculars framing the ocean to the back drop of the master bedroom. The master bedroom also features a built in office/library so working from home is as convenient as possible while also maximizing your time in front of the water and appreciating the Pacific. The home has 8 additional beds all ready to go so feel free to have friends and family over without worrying about where to crash. The 3 car garage helps with parking during prime time when everyone is down during the summer.

Getting Around

66
WalkingSomewhat Walkable
27
TransitSome Transit
67
BikeBikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1998

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Inside,Laundry Room

Bedroom

  • Features: All Bedrooms Up

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Breakfast Area,Separate/Formal Dining Room,Eat-in Kitchen,All Bedrooms Up,Bedroom on Main Level,Main Level Primary,Primary Suite
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Whole House Fan

Interior Area

  • Total interior livable area: 3,669 sqft

Kitchen

  • Features: Stone Counters,Walk-In Pantry

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 04724120
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 3,735 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $65,735$788,820
Home Insurance *$864$10,368
Property Taxes $11,428$137,136
Electricity $786$9,441
Total$78,813$945,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,702,160/yr
40% on housing$2,364,390/yr
45% on housing$2,101,680/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,543This listing

vs Other Active Listings

Avg $/sqft

ZIP 92661$2,298
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92661$2,780
Orange County$707

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

DateEventPrice
2026-05-01Price change$13,349,000
2026-03-21Listed for sale$13,799,000
2026-03-17Price change$35,000
2025-08-04Price change$45,000
2025-06-01Price change$48,000
2025-04-01Listed for rent$50,000
2017-08-25Sold$6,550,000
2017-07-06Pending sale$6,750,000
2017-05-01Listed for sale$6,750,000
1997-04-25Sold$855,000

For Sale by Agent

AgentLucas Kinney
BrokerageBalboa Island Estates

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