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1516 E OceanfrontNewport Beach, CA 92661

For Sale

$11,875,000

Smart Buyer Rebate $118,750

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

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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.

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.