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Set on the most westerly waterfront position of Channel Reef, this exceptional offering presents two penthouse units, 6B and 6C, to be sold together and reimagined as one spacious waterfront residence. Never before offered as a single combined home, the property enjoys a remarkable 98 feet of view frontage, capturing an awe-inspiring panorama of Newport Harbor, the channel entrance, city lights, the sparkling Pacific Ocean, Catalina Island, and the scenic surf line at Peninsula Point. The property is being sold with approved plans by renowned architect and designer, Michael Fullen, for a thoughtfully designed three-bedroom, three-and-one-half-bath waterfront home. Each unit was previously fashioned with two bedrooms and two baths, with 6B offering approximately 1,371 square feet and 6C offering approximately 1,232 square feet, creating a combined footprint of approximately 2,603 square feet. Currently taken down to the studs, this is a rare blank canvas for an investor, developer, or end-user to create a fully customized coastal retreat in one of Newport Beach’s most treasured waterfront settings. A continuum of floor-to-ceiling glass frames the splendor of the harbor, ocean horizon, and ever-changing coastal scenery. One of just a few gated waterfront buildings in coastal Orange County, Channel Reef offers an exceptional lifestyle with unique harbor access, available on-property boat slips, elevators servicing all levels, on-site management during staffed hours, private gated parking for residents and guests, two designated covered vehicle spaces on the same floor as the units, and a saltwater pool and spa set along the tranquil waterway. This is an extraordinary opportunity to create your ideal living environment while enjoying the inimitable lifestyle benefits of this idyllic waterfront enclave moments from Balboa Island, Corona del Mar Village, Fashion Island, Newport Harbor, and Newport Beach’s coveted coastal dining, shopping, and recreation.
Listing agent: Tim Smith DRE #01346878 tim@timsmithgroup.com, Listing office: Coldwell Banker Realty
MLS data updated 11/3/2026, 7:05:04 AM PT
Source: CRMLS, MLS #: NP26113622
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 8, 2026
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
$5,600,000Closed sale · Oct 8, 2026ZIP 92625 · 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.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.