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Closed
- Listed price
- $5,095,000
- Listed Feb 13, 2024 · $6,369/sq ft
- Sold price
- $4,950,000
- Sold Apr 19, 2024
3 beds|2 ba|800 sqft|2,400 sqft lot|1922 Built|62 days listed
306 E Oceanfront, Newport Beach, CA 92661
Property Description
Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!
Listing agent: Kimberly BibbDRE #01210754kbibb10@gmail.com, Listing office: Pacific Sotheby's Int'l Realty
MLS data updated 10/19/2026, 11:08:43 PM PT
Source: CRMLSMLS #: NP24028668
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$4,950,000
Apr 19, 2024
Available records32024
From MLS recordsActual listing and closing events
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
$4,950,000Closed sale · Apr 19, 2024ZIP 92661 · Apr 2024
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.This home · 3 price recordsFeb 13, 2024 – Apr 19, 2024
ZIP 92661 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
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.
View listing & sale records
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.