1516 E Oceanfront Newport Beach, CA 92661 Open 10/19 1PM-3PM

UPDATED: 10/19/2025 10:20 PM ON MARKET: 45 days on market

$11,875,000

5 Beds4 Baths3,083 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,083 sqft

Price per Sqft $3,851

Subdivision Balboa Peninsula Point (Blpp)

MLS Listing ID NP25199245

Bedrooms 5

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1963

Lot Size 3,720 Sqft

Property Sub-Type Single Family Residence

Property Description

Situated on a premier, oversized oceanfront lot, this freshly re-imagined Nantucket-style residence combines timeless East Coast charm with the beauty of Newport Beach's most iconic shoreline. Ideally located within the treasured Peninsula Point neighborhood, the home offers both a premier address and a lifestyle defined by surf, sand, and coastal sophistication. Approached through a flowering garden courtyard, the home balances warmth and privacy with the ease of indoor-outdoor living. Generous oceanfront living, dining, and kitchen spaces form the heart of the home, where windows frame whitewater views and French doors open directly to a wide beachfront patio—the perfect setting to delight in al fresco dining or a sunset glass of wine with friends. With a family friendly layout, the home boasts five bedrooms to include a thoughtful first-floor guest accommodation. Upstairs the oceanfront primary retreat enjoys a private office/sitting room, and an expansive oceanfront terrace with a panorama of sunrise to sunset views over the Pacific. There is also a spacious bonus/media room that offers additional flexibility for gatherings, work, or play. An oversized two-car garage, with additional exterior parking for two cars provides a rare convenience on the Peninsula. Life on Peninsula Point is both relaxed and vibrant: mornings at The Wedge, bike rides along the boardwalk, afternoons at the community bay beach or private tennis club, and evenings watching the sun sink into the Pacific from your own patio. With its rare oversized lot, turnkey remodel, and enduring Nantucket character, this home is a move-in ready oceanfront offering in one of Newport Beach's most exclusive seaside communities.


Listed by Tara Foster Shapiro Coldwell Banker Realty 949-478-7781