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
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License #01892201
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Coldwell Banker Realty
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949-478-7781
Last updated September 05, 2025
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Source: CRMLS #NP25199245
Listing Facts
TypeSingle-family
NeighborhoodBalboa Peninsula Point
Bedrooms5
Bathrooms4
Days on Prevu1
Size3,083 sqft
Price per sqft$3,852
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
09/04/2025
Listed by Coldwell Banker Realty
$11,875,000
Property Details for 1516 E Oceanfront
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
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.
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