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4311 Jamboree Road

Updated Aug 24, 2026

Shea Homes Acquires Development Site At 4311 Jamboree Road From Shopoff Realty Investments
SOLDDevelopment Site

Shea Homes Acquires Development Site At 4311 Jamboree Road From Shopoff Realty Investments

4311 Jamboree Road

Units

458

Asset Type

Development Site

Closing

Aug 18, 2026

About this deal

AI

The development site at 4311 Jamboree Road, located in Newport Beach, CA, has been sold as a shovel-ready asset. The site is fully entitled for the construction of 23 townhomes and is part of the larger 25-acre Uptown Newport Village project. Construction on this site is expected to commence in 2027, with completion anticipated between 2028 and 2029.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Undisclosed
  • Address: 4311 Jamboree Road
  • Market: Newport Beach, CA
  • Seller: William Shopoff - Shopoff Realty Investments
  • Buyer: Shea Homes
  • Entitlements: 23 townhomes
  • Overall Project: Part of the Uptown Newport Village, entitled for 1,244 residential units and commercial space
  • Additional Components: Includes One Uptown Newport with 458 units, Parkhouse Residences with 30 units, and Uptown Newport Park

William Shopoff of Shopoff Realty Investments represented the seller in this transaction, bringing the site to Shea Homes for future development. The acquisition symbolizes the concluding element of the first phase of the broader development plan for Uptown Newport Village.

On the Map

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Development Site

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Players

William Shopoff

Shopoff Realty Investments

Seller

$355.7M

vol

10 deals

Seller
Bilt advertisement

Newport Beach Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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