7304 W Oceanfront, Newport Beach, CA | Pacaso
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$969,0001/8 Ownership


Whole home list price

$6,500,000

Attributes
4 Beds4 Baths2,558 sq ft

About this home
This stylish Eastern Seaboard oceanfront home, on the picturesque sandy beaches of West Newport, is steeped in Cape Cod character and charm and brimming with all of the most desired amenities for modern beach living. With spectacular views of the ocean, crashing waves, Catalina Island and sunsets, the home is privately located near the popular River Jetties surfing, volleyball and swimming beach. The lower level of the home features an open floor plan with an oceanside wall of floor to ceiling bi-folding doors, large living room with a wetbar, built-ins, and fireplace, an island kitchen with marble countertops, gleaming white cabinetry, Viking stainless steel appliances, Sub-Zero refrigerators, freezer, and drink drawers, a wine refrigerator, full limestone downstairs bath, a waterside patio and a two-car attached garage. The second level of the home features a luxurious oceanfront master suite with fireplace, built-ins, and a limestone bath with a Jacuzzi tub, Steam shower, and marble countertops; there are 3 additional bedrooms, one with an ensuite bath and two that share a Jack-n-Jill bath. The third level of the home features a huge rooftop deck with stainless steel appliances and more. The palette of finish materials includes limestone, marble, granite, stainless steel, oak hardwood floors, and walls of glass. Technology includes an elevator servicing all 3 levels, Reverse Osmosis water filtration system, Lutron Electronic system, Surround sound, and home security....show more

How we estimated this 1/8 share price

We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.

Purchase PriceWhole home: $6,500,000$812,500
Home Upgrades & ClosingInterior design, furnishings, inspection & title$53,000
Pacaso Service FeeBuyer aggregation, legal & financing$103,500

Estimated 1/8 Ownership44+ nights per year$969,000

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blue pillows on couch with ocean view

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Listing Agent

Courtesy of - Steve High, Villa Real Estate

Whole home list price: $6,500,000