1589 E Ocean Blvd, Newport Beach, CA 92661 (MLS # PW26071219)

Price $4,150,000
Status Active
Beds 4
Baths 4.25 Baths
Home size 3,049 sqft
Lot Size 2,449 sqft
Days on Market 62
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.
Property Type(s): Single Family
Last Updated 4/2/2026 Tract Balboa Peninsula (Residential) (BALP)
Year Built 1968 Community NP - Balboa Peninsula
Garage Spaces 2.0 County Orange

SCHOOLS

Elementary School Newport
High School Newport Harbor

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Water Heater
AREA NP - Balboa Peninsula
CONSTRUCTION Blown-In Insulation, Board & Batten Siding, Brick Veneer, Stucco
EXTERIOR Balcony
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Fireplace(s), Forced Air
INTERIOR Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, Pantry, Recessed Lighting, Walk-In Closet(s)
LOT 2448 sq ft
LOT DESCRIPTION Cul-De-Sac, Front Yard, Sprinklers In Front
LOT DIMENSIONS 36 x 70
PARKING Attached, Direct Access, Garage, Garage Faces Rear, On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE CapeCod, Custom
SUBDIVISION Balboa Peninsula (Residential) (BALP)
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Ocean
WATER Public
WATERFRONT DESCRIPTION Beach Access, Ocean Access

Location

 

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Listed with zRE Group

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/26 8:03 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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