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REDUCED * LOCATION, LOCATION, LOCATION! This ocean front home sits on a over-sized 4185 sf. lot with 45' of frontage at the finest location on prestigious Peninsula Point where there are no boardwalks! The home features panoramic views of the Pacific Ocean, Catalina Island, Corona Del Mar beach and caves, the majestic rock jetty at The Wedge, plus the Newport Harbor entrance with breathtaking bay views! The true value of this prime ocean front property is in the land! This is a once in a lifetime opportunity to seize what is arguably one of the finest ocean front locations in all of Newport Beach! Take advantage of this rare and amazing location to custom build your very own Dream Home! Rebuild utilizing the entire lot such as the driveway and the entire courtyard and porch to maximize your Dream Home's square footage! "Why live someone else's dream, when you can build your own?"
Listing agent: JEFFREY FISHER DRE #01290877 Jeff4Houses@aol.com, Listing office: PACIFIC REALTY CENTER
MLS data updated 10/19/2026, 5:39:55 AM PT
Source: CRMLS, MLS #: CV18050495
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 27, 2018
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.