Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond.
Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”.
The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach.
This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing.
Unapologetically Bold - Welcome to 70663 Oroville Circle, nestled in the prestigious and guard-gated Thunderbird Heights. This 6 bedroom, 5 bath estate sits on a secluded cul-de-sac with 1.29 acres converting to over 56,000 square feet of privacy, is reminiscent of the curated creativity found in a Kip’s Bay Designer Show House. With versatile living spaces, it’s designed for both grand entertaining and intimate retreats. At its heart, the open concept chef’s kitchen features custom Terrazzo flooring, designer appliances, floor-to-ceiling cabinetry, and an oversized pass-through window connecting seamlessly to the upper balcony perfect for al fresco dining or sunset cocktails. The Studio 54 inspired living area boasts a sunken fireplace and wet bar, serving both the lounge and formal dining space, creating a retro-chic setting for entertaining. Themed guest rooms include the Tiki Room, with its exotic charm, private veranda, and en-suite bath. The Green and Red Rooms are dynamic spaces that celebrate the beauty of the unconventional, each making a distinct statement. Both feature private outdoor access and share a convenient Jack-and-Jill bathroom. The Jungle Room, illuminated by an atrium with retractable sunshade and wrapped in Versace wallpaper, offers a serene escape perfect for morning coffee or afternoon tea. The primary suite is a private sanctuary has two outdoor access points. One leading to an upper balcony with expansive views. The en-suite bath delivers a spa-like experience with a steam shower, soaking tub, sauna, dual vanities, and two separate toilet rooms. A walk-through closet ties it all together. The lower-level rumpus room offers flexible space, kitchenette, and sliding glass doors opening directly to the resort style oasis ideal for casual gatherings. Nearby, the pool lounge features tiled flooring, an adjacent washroom, and a shower room, providing a smooth transition from poolside relaxation to indoor comfort. The resort style backyard is a lush private oasis, with a large pool featuring a tanning shelf, hot tub, and private tennis court. Towering palm trees, sculptural ficus trees, and vibrant tropical vegetation create a serene escape, where every detail invites you to unwind and savor the desert landscape. Welcome to 70663 Oroville Circle—Live Boldly.
Welcome to 402 38th Street, a premier waterfront residence nestled in the exclusive Newport Island community, within the Newport Peninsula. This home epitomizes indoor-outdoor coastal living, featuring a private boat dock accommodating up to two 30-foot vessels, perfect for boating and water enthusiasts. Upon entering, you are greeted by 9-foot high ceilings and crown molding that enhance the spacious feel of the home. The open-concept living area features floor-to-ceiling accordion doors off the living room that seamlessly blend indoor and outdoor spaces, leading to a deck right on the bay. Enjoy cozy evenings with fireplaces in both the living room and the primary bedroom. The chef’s kitchen is a dream, equipped with a six-burner stove, newer refrigerator and dishwasher, elegant granite countertops, with walk-in pantry. Recent upgrades include fresh exterior paint and new windows, ensuring a modern and energy-efficient living experience with the added benefit of solar panels. This 3-bedroom, 3-bathroom home offers generous bay views and a luxury retreat atmosphere year-round. The spacious master suite includes a fireplace and custom built-ins, creating a warm and inviting space to unwind. Live in one of Orange County’s most exclusive areas with the convenience of quick access to the beach, boardwalk, Lido Marina Village, with an array of cafes, restaurants and grocery nearby. Experience island living at its finest, welcome to 402 38th St!
Welcome to your dream coastal retreat, where every day begins with a spectacular sunrise over the Newport Beach Harbor. This beautifully appointed 1 bedroom, 2 bath condo offers the perfect blend of luxury and simplicity, designed for those who crave a modern, airy living space with unparalleled views. As you enter, you are greeted by an open-concept living area bathed in natural light. Recently updated with high-end touches, motorized blinds, and new porcelain tile flooring, the space seamlessly connects to a private balcony, offering sweeping views that never cease to impress. In close proximity the vibrant waterfront dining scene offers an array of restaurants and cafes, perfect for enjoying fresh seafood or a coffee with a view. As a resident of Newport Bay Towers, you’ll enjoy an array of exceptional amenities. Take advantage of the community pool or head up to the rooftop deck to soak in breathtaking 360-degree views overlooking Newport Harbor, Fashion Island, to Catalina Island. Homeowners also receive priority access to boat slips, making it easy to embrace the waterfront lifestyle. Whether you're looking for a serene escape or an active coastal lifestyle, this exclusive community and turn-key home offers the best of both worlds. Newport Beach living at its finest!
Nicolai Glazer Real Estate Group
1200 Newport Center Drive, Newport Beach, California 92660, United States