Millman Team Real Estate

$6,850,000
4 Bed
5 Bath
2,520 Sqft
0.06 Acre Lot

306 E Oceanfront, Newport Beach, California 92661

  • Residential Property Type
  • 2,520 Sqft Square Footage
  • Garage Faces Rear Cars Garage
  • 2027 Year Built
Property Description

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep.

Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation.

The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. The property currently carries an active short term lodging permit, a credential that adds meaningful optionality to a home on the boardwalk. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach.

What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line.

Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion 2027.

Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change.

Basic Details
Residential
For Sale
NP26098260
$6,850,000
City Lights,Mountain(s),Neighborhood,Ocean,Panoramic,Pier,Water
4
5
1
2,520 Sqft
2027
0.06 Acre
Active
4
1
1
Single Family Residence
Features
: None
: Central, Zoned
: Zoned, Central Air, Whole House Fan
: Stucco Wall, Glass
: Patio, Rooftop
: Garage Faces Rear
: Modern, Contemporary
: Rain Gutters, Fire Pit
: Tile, Wood
: Primary Suite, All Bedrooms Up, Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, Eat-in Kitchen, Living Room Deck Attached, Smart Home, Wired for Data, Wired for Sound
: Laundry Room
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected, Cable Connected, Phone Connected
: Ocean Front, Beach Access, Beach Front, Ocean Side Of Highway
: Double Pane Windows
$0
Appliances
: Dishwasher, Microwave, Water To Refrigerator, Water Heater, Electric Oven, ENERGY STAR Qualified Water Heater, Vented Exhaust Fan, Barbecue, Freezer, Built-In Range, Tankless Water Heater
Address Map
CA
Orange
Newport Beach
92661
Oceanfront
306
W118° 5' 47.3''
N33° 36' 10.1''
E Balboa blvd to Coronado
NP - Balboa Peninsula
E
Neighborhood
Newport
Newport Harbor
Newport Mesa Unified
Ensign
Additional Information
$0
$0
$0
$0
$0
1
: Sidewalks, Street Lights, Curbs, Suburban, Storm Drain(s)
220 Volts in Garage
1
: Slab
2.0
: Three Or More
: Rectangular Lot
30x80
2
2026-05-12
3
: Public
Broker/Agent Information
Serhant California, Inc
Tyler Brown
Listing Information
NP60807
np5309
Cash,Cash to New Loan
Active
2026-05-23T19:07:13Z
CRMLS
: Standard
2026-05-12T16:55:15Z
Agent info
Ray Millman
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