1242 W Oceanfront Newport Beach, CA $ 18,800,000
1242 W Oceanfront
$ 18,800,000
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1242 W Oceanfront

Newport Beach, CA, 92661
$ 18,800,000
Bedrooms4 Baths4.0 Sq 2,741

Monthly Estimate*

$ 129,847

Listed by Todd Bousman, bouHAUS Properties, todd@bouHAUS.com
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Single Family Home for sale in Newport Beach, CA

for $18,800,000 with 4 bedrooms and 4 full baths. This 2,741 square foot home was built in 1926 on a lot size of 0.0857.

The Philip and Leah Lovell Beach House, R.M. Schindler (1926). One of the defining masterpieces of early California modernism, offered for the first time on the centenary of its completion. Widely recognized as “Schindler's second most important work” (Steele, 2005), the Lovell Beach House has served for the last 100 years as the Lovell family’s personal oceanfront retreat. Now it seeks a steward who can enjoy and enrich the “playful mood of beach life” that Schindler sought to conjure up. When client and architect met in the early 1920s, Dr. Philip Lovell was a prominent naturopath; Schindler, born in Vienna, had come to Southern California to supervise Frank Lloyd Wright’s projects in the region. For the young architect, Lovell’s corner lot on Balboa Peninsula would become a laboratory of radical innovation. Inspired by the “pile structure indigenous to all beaches,” Schindler lifted the house above the shore on five reinforced-concrete frames, each cast in the shape of a squared figure eight. The idea was “to assure an unobstructed outlook to the ocean,” he wrote, with enough privacy for “an informal life behind open windows.” Both windows and walls hang on steel rods from Schindler’s concrete skeleton. From street level — with its garage, its enclosed studio and its garden facing the surf — two stairways rise toward the heart of the house: a double-height living and dining room fronted by floor-to-ceiling glass, its volume bisected by a cantilevered balcony running the length of the space. Four bedrooms open off the suspended balcony, boasting views of sea and sand. Throughout, expansive window bays echo the stepped rhythm of the concrete frames — larger panes bordered by smaller ones — so that structure and glazing read as a single composition. Schindler’s intricate built-in furniture has been preserved; one central form blends sofa and storage to divide the living and dining spaces. Published in Popular Mechanics (1927) and Architectural Record (1929) — and listed since 1974 on the National Register of Historic Places — the Lovell Beach House is a spatial and structural achievement that “deserves a place,” according to architectural historian David Gebhard, with Walter “Gropius’s Bauhaus at Dessau (1929-30), Le Corbusier’s Villa Savoye (1929-30) and Mies van der Rohe’s German Pavilion at Barcelona (1929) as a key work of twentieth-century architecture.” Today, the Lovell Beach House remains as inviting as it is impressive — a landmark and a home.

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Single Family Active

Price

$ 18,800,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.0857

Year Built

1926

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP26242697

Days on Market

2

Features
General
Living Area 2741
Sewer Public Sewer
Heating Central Natural Gas
Cooling None
Utilities Electricity Available Natural Gas Connected Phone Available Sewer Connected Water Connected
Possession Close Plus 3 Days Close Of Escrow
Roof Membrane Rolled/Hot Mop
Appliances Built-In Range Electric Oven Disposal
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Concrete Deck Enclosed Rooftop
Architectural Style Modern
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Drywall Concrete Plaster Stucco
Year Built 1926
Electric Electricity - On Property 220 Volts in Garage
View Bay Catalina City Lights Coastline Harbor Hills Mountain(s) Neighborhood Ocean Water
Levels Three Or More
Property Subtype Single Family Residence
Waterfront Features Beach Front Ocean Front
Community Features Biking Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks Water Sports
Accessibility See Remarks
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Balboa Peninsula (Residential) (BALP)
Facing Direction South
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Balboa to 13th Street head Southwest to the Oceanfront
High School Harbor
City Newport Beach
Disclosures Coastal Commission Restrictions Historical Private Transfer Taxes
Entry Location 2
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 3734
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Elementary School Newport
Property Attached Y/N false
Land Lease Y/N false
Current Financing Other
Middle/Junior High School Ensign
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://youtu.be/56IshxZzvv8?si=r_6xYDVs-s2T8UJK https://youtu.be/56IshxZzvv8?si=r_6xYDVs-s2T8UJK
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 11
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-11-12
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Interior
Interior Amenities Beamed Ceilings Balcony Breakfast Area Dry Bar Separate/Formal Dining Room Eat-in Kitchen High Ceilings Living Room Deck Attached Open Floorplan Storage Trash Chute Tile Counters All Bedrooms Up
Flooring Carpet Concrete Laminate Wood
Fireplace Features Bonus Room Gas Great Room Living Room Wood Burning
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Inside
Total Bedrooms 4
Entry Level 2
Main Level Bedrooms 0
Main Level Bathrooms 1
Total Baths 4
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Exterior
Exterior Amenities Rain Gutters
Fencing Block Stucco Wall Wood
Parking Features Direct Access Door-Single Garage Garage Faces Rear
Lot Features 0-1 Unit/Acre Corner Lot Drip Irrigation/Bubblers Landscaped Rectangular Lot Street Level Yard
Water Source Public
Total Parking 2
Lot Size Area 3734
Foundation Details Combination Pillar/Post/Pier Slab
Spa false
Lot Size Acres 0.0857
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded Features
List By
Todd Bousman

Listing Agent

Bouhaus Properties

Broker

todd@bouHAUS.com

Email

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$129,847
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$129,847
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Harbor High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2026$18,800,000 Listed Price

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1242 W Oceanfront, Newport Beach, CA, 92661 is a Single Family Home for sale at $18,800,000 with 2,741 sqft and a lot size of 0.0857. 1242 W Oceanfront has 4 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 92661 which is in Newport Beach, CA