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1516 E Ocean FrontNewport Beach, CA 92661

For Sale

$11,199,000

Smart Buyer Rebate $111,990

Oceanfront living on the Peninsula Point—set on a rare oversized lot—this reimagined Nantucket-style beach home captures the spirit of Newport Beach coastal luxury with front-row whitewater views and effortless indoor-outdoor flow. With the beach at your doorstep, the residence offers a premier oceanfront address paired with a lifestyle defined by surf, sunsets, and seaside ease. A charming garden courtyard entry creates a sense of arrival, opening to expansive ocean-view living, dining, and kitchen spaces where walls of glass frame the Pacific and French doors lead to a wide beachfront patio—ideal for al fresco dining, weekend brunches, and sunset entertaining. The flexible five-bedroom layout includes a main-level guest suite, while the upstairs oceanfront primary retreat features a private sitting room or office and an expansive terrace with panoramic sunrise-to-sunset coastline views. A spacious bonus/media room adds versatility for gatherings, work-from-home, or game nights after a day at the beach. Four-car parking—anchored by an oversized two-car garage—provides an exceptional Peninsula amenity. From early mornings at The Wedge and bike rides along the Newport Beach boardwalk to paddle boarding on the bay and evenings on your own oceanfront patio, this home delivers the full Peninsula Point lifestyle. Turnkey, oceanfront, and set on an oversized parcel, this Nantucket-inspired residence is a rare Newport Beach opportunity for those seeking a move-in-ready beachfront home in one of the coast’s most sought-after communities.

Listed by Tara Foster Shapiro

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License #01892201

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Coldwell Banker Realty

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949-478-7781

Last updated March 05, 2026

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Source: CRMLS #NP26043115

Listing Facts

  • TypeSingle-family
  • NeighborhoodBalboa Peninsula Point
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu18
  • Size3,083 sqft
  • Price per sqft$3,633

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

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Listing History

02/26/2026
Listed by Coldwell Banker Realty
$11,199,000

Property Details for 1516 E Ocean Front

Association

Amenities

  • Community Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports

Exterior

Construction

  • Number Of Units Total: 1
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Year Built: 1963
  • Architectural Style: Cape Cod
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front Door

Features

  • Direction Faces: South
  • Patio And Porch Features: Brick, Deck, Open, Patio
  • Road Frontage Type: City Street
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
  • Waterfront Features: Beach Access, Beach Front, Navigable Water, Ocean Front, Ocean Side Of Highway

Measurements

  • Lot Features: Garden, Landscaped, Sprinkler System
  • Lot Size Acres: 0.08
  • Lot Size Area: 3,720
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,720
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04820233

Interior

Features

  • Appliances: Built-In Range, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
  • Fireplace Features: Gas Starter, Library, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Features: Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Crown Molding, Separate/Formal Dining Room, Granite Counters, Quartz Counters, Recessed Lighting, Bedroom On Main Level, Primary Suite, Walk-In Closet(s)

Measurements

  • Living Area: 3,083
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Tax Block: B
  • Tax Lot: 5

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 1
  • Parking Features: Direct Access, Door-Single, Garage, Garage Door Opener, Other, Private, Storage
  • Parking Total: 3

Schools

High School

  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 4 bathrooms in this single-family home at 1516 E Ocean Front.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 1516 E Ocean Front.

How does 1516 E Ocean Front compare to other single-family homes in Balboa Peninsula Point?

This single-family home is listed 23% above the average price for single-family homes in Balboa Peninsula Point and has been on the market for 103 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,083 sqft.

1516 E Ocean Front is a 5-bedroom, 4-bath single-family home for sale in Newport Beach CA 92661. Listed on Prevu for 18 days at $11,199,000. This property features 3,083 square feet of living space, located in Balboa Peninsula Point. The median listing price for single-family homes in this area is $6,595,000. Additional amenities include private outdoor space, dishwasher, parking, and washer/dryer. Browse more single-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.