luxury apartments / penthouses with panoramic view for sale Newport Beach, United States

Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”. The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation. 1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.

Perched at the pinnacle of Crystal Cove on a rare, single-loaded cul-de-sac with neighbors on only one side, this 20,133 square foot legacy estate stands as one of the largest and most spectacular custom builds ever commissioned for a private owner. Defined by a magnificent glass-domed entry and soaring ceiling heights that create a monumental sense of volume, the residence captures an uninterrupted panorama of the Pacific Ocean, Catalina Island, and the glittering Newport Harbor lights through seamless floor-to-ceiling glass. Behind private gates, a massive motor court leads to a 10-car subterranean show garage, providing a 20-car sanctuary for the ultimate collector. The palatial floor plan features a primary retreat of unparalleled scale complete with dual baths, a private salon, and an oversized dressing room alongside six additional bedroom suites and two executive offices. The lower level reveals a resort-style sanctuary, anchored by a spectacular open-air courtyard that flows into multiple gaming rooms, a professional bar, a large-scale theater, and a glass-walled gym. From the bespoke artisan finishes to its vast interior proportions, every element of this architectural marvel was designed to maximize light and grandeur, offering a living experience that is as private as it is spectacular. The best Newport Beach has to offer and all of the coast Crystal Cove is an exclusive community with resort-like amenities. The private Canyon Club serves as the heart of Crystal Cove, featuring a stylish clubhouse with a state-of-the-art fitness center, social rooms, and a Junior Olympic-size pool. For athletes, the community offers three professional tennis courts, two dedicated pickleball courts, and a half-basketball court. Residents also enjoy exclusive access to private parks, miles of hiking trails within the adjacent State Park, and a dedicated pedestrian tunnel providing direct, secure access to the beach and Historic District. Walk down the hill to Crytal Cove Shopping Center with restaurants, coffee shops and boutiques just outside the gate or hop over to world renowned shopping minutes to Fashion Island or Lido Marina Village.