1589 E Ocean Newport Beach, CA 92661 New

UPDATED: 04/03/2026 06:05 PM ON MARKET: 2 days on market

$4,150,000

4 Beds5 Baths3,049 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,049 sqft

Price per Sqft $1,361

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID PW26071219

Bedrooms 4

Full Baths 4

Construction Status Fixer,Repairs Major

HOA Y/N No

Year Built 1968

Lot Size 2,448 Sqft

Lot Dimensions Assessor

Property Sub-Type Single Family Residence

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Balcony,Block Walls,Ceiling Fan(s),Crown Molding,Cathedral Ceiling(s),Separate/Formal Dining Room,Elevator,High Ceilings,Pantry,Recessed Lighting,All Bedrooms Up,Instant Hot Water

Heating Forced Air,Fireplace(s)

Cooling Central Air

Flooring Carpet,Tile,Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance 6 Burner Stove,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Disposal,Gas Range,Ice Maker,Microwave,Refrigerator,Water Heater

Laundry In Garage

Exterior

Parking Features Door-Multi,Direct Access,Garage,Garage Faces Rear,On Street

Garage Spaces 2.0

Garage Description 2.0

Fence Fair Condition,Privacy,Stone

Pool None

Community Features Biking,Curbs,Dog Park,Gutter(s),Hiking,Park,Storm Drain(s),Street Lights,Suburban,Sidewalks,Water Sports,Fishing

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

Waterfront Description Beach Access,Ocean Access,Ocean Side Of Highway

View Y/N Yes

View Ocean

Roof Type Clay

Accessibility Adaptable For Elevator,None,Accessible Doors

Porch Rear Porch,Wrap Around

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre,Cul-De-Sac,Front Yard,Sprinklers In Front,Street Level,Value In Land

Dwelling Type House

Story 2

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Cape Cod,Custom

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Major

Schools

Elementary Schools Newport

High Schools Newport

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04820241

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash,Submit

Listing Terms Cash,Submit

Special Listing Condition Standard

Property Description

A rare, shovel-ready opportunity on the coveted Newport Beach Peninsula. This property is being offered with approved, full architectural plans for a custom coastal residence—allowing the next owner to bypass years of design, entitlement, and permitting and move straight into construction.
Situated on a 36×70 lot just steps from the sand, this property is positioned in one of the Peninsula's most desirable enclaves, surrounded by newly built luxury homes and timeless beach architecture. The included plans envision a refined, modern coastal home with thoughtful indoor-outdoor living, generous natural light, and an elevated design language tailored to the neighborhood's premium aesthetic.
With utilities, surveys, and planning work complete, this is a true turn-key development opportunity: build immediately, customize finishes to your taste, and deliver a brand-new residence in a market where new construction consistently commands top-tier values. The plans call for a prestigious, three story, custom coastal masterpiece with a roof-top deck, an elevator, 4 bedrooms, an office/den and 4 bathrooms with a direct access garage and high-end finishes. You can work with the designers to choose your colors, finishes, flooring, paint and more.
Whether you're an end-user seeking a streamlined path to your dream beach home or an investor looking for a high-demand coastal build, 1589 E Ocean Blvd offers unmatched efficiency, location, and long-term value.