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PRICE REDUCTION! Welcome to 418 E 16th Street! This extraordinary home is an absolute vibe! Completely rebuilt in 2024, 16th Street offers a perfect blend of modern luxury and functional design. The reimagined floor plan features four spacious bedrooms and three full bathrooms, along with a convenient powder room on the main floor that was added. Step inside to be greeted by stunning white oak floors, setting the tone for the open, elegant layout that flows seamlessly from room to room. The floating staircase was reengineered leading to the heart of the home which is the breathtaking kitchen, designed for both everyday living and entertaining. Boasting top-of-the-line appliances, a Carrara marble island with a waterfall finish, custom solid oak cabinetry, signature hardware, this space is truly a chef's dream! French Custom Steel bi-fold doors open from the kitchen to a newly landscaped backyard. The spacious dining room and living areas are framed by high-end Milgard Trinsic windows and stylish steel French and Dutch doors, allowing natural light to pour in and capturing the essence of California's indoor-outdoor lifestyle. No expense was spared, with upgrades including a zoned heating and air conditioning system, surround sound speakers both inside and outside, a new roof, new plumbing, new electrical, and fresh new stucco. Situated in a prime location, this home is just minutes from the highly regarded Newport Harbor HS, as well as charming coffee shops, boutiques, and some of the finest dining experiences along 17th Street. The nearby beaches of Newport are a quick bike ride away, making this location ideal for those who love to enjoy the Southern California coastal lifestyle. Nestled in the award-winning Newport Mesa school district and bordering Newport from the street line. Don't miss the rare opportunity to own this one-of-a-kind gem in an unbeatable location!
Listing agent: Adam Warnick DRE #01937612 adamwarnick.re@gmail.com, Listing office: Douglas Elliman of California
MLS data updated 10/23/2026, 5:23:29 AM PT
Source: CRMLS, MLS #: OC24194819
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 30, 2024
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
$2,550,000Closed sale · Dec 30, 2024ZIP 92627 · Dec 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.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.