MLS® ID: NP19126224
1516 W Oceanfront
Newport Beach, California, 92663 $3,199,000
**MAJOR PRICE REDUCTION** Fabulous oceanfront location in the highly yearned Peninsula in Newport Beach. Lower Unit A is for sale. Enjoy espectacular Catalina Island, ocean and sunset views from the private balcony off the great room and dining room. This entertainers dream private residence, spans approx, 1,795 S.F. of living space. Interior features 3 bedrooms: a spacious master suite, dressing area, and walk-in closet, a 2nd bedroom also includes a walk-in-closet, and a 3rd bedroom boasts mirror wardrobe doors. There is plenty of storage space and a separate laundry room. Enjoy the soothing ocean view from the well-equipped kitchen which offers an extended counter with room for seating and a rare-to-find walk-in-pantry. The covered side patio makes for an excellent spot for the BBQ and eating area. The 1st level common areas include beachfront patio and seating areas, full bathroom, ample storage room for beach toys, exercise equipment and bikes, elevator and 6-car garage (3 spaces per unit). This residence is ideal for full time living, as a second home or as an opportunity to own a beachfront investment property. Walk to the bay, shopping and amazing nearby restaurants.