Prevu by reAlpha
BuySellBlogBrowse Listings
1589 E Ocean Blvd, Newport Beach CA 92661
1589 E Ocean Blvd, Newport Beach CA 92661
California>Orange County>Balboa Peninsula Point

1589 E Ocean BlvdNewport Beach, CA 92661

For Sale

$4,150,000

Smart Buyer Rebate $41,500

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.

Listed by Carly Zamani

·

License #02030224

·

zRE Group

·

949-232-8211

Last updated April 10, 2026

·

Source: CRMLS #PW26071219

Listing Facts

  • TypeSingle-family
  • NeighborhoodBalboa Peninsula Point
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu121
  • Size3,049 sqft
  • Price per sqft$1,361

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/21/2026
Status changed to Active
$4,150,000
06/03/2026
Status changed to Expired
$4,150,000
04/02/2026
Listed by zRE Group
$4,150,000

Property Details for 1589 E Ocean Blvd

Association

Amenities

  • Association Amenities: Dog Park
  • Community Features: Curbs, Park, Street Lights, Suburban, Sidewalks, Fishing

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 1
  • Property Condition: Fixer, New Construction
  • Roof: Tile
  • Stories: 1
  • Stories Total: 2
  • Structure Type: House
  • Window Features: Blinds, Screens, Skylight(s)
  • Year Built: 1968
  • Architectural Style: Cape Cod, Custom
  • Common Walls: No Common Walls
  • Construction Materials: Blown-In Insulation, Brick Veneer, Stucco, Board & Batten Siding
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Balcony

Features

  • Fencing: Privacy, Stone
  • Patio And Porch Features: Rear Porch, Wrap Around
  • Road Frontage Type: City Street
  • View: Ocean
  • Waterfront Features: Beach Access, Ocean Access

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Features: Cul-De-Sac, Front Yard, Sprinklers In Front
  • Lot Size Acres: 0.05
  • Lot Size Area: 2,450
  • Lot Size Dimensions: 3,670
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,450
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04820241

Interior

Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Instant Hot Water
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Features: Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Elevator, High Ceilings, Pantry, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 3,049
  • Living Area Units: Square Feet

Rooms

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

Other

Features

  • Accessibility Features: Adaptable For Elevator, Accessible Doors

Location

  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Tax Block: B
  • Tax Lot: 23

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Direct Access, Garage, Garage Faces Rear, On Street
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Newport

High School

  • High School: Newport Harbor
  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: 220 Volts In Garage, 220 Volts In Laundry
  • Heating: Forced Air, Fireplace(s)
  • Has Heating: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 4 bedrooms and 4 bathrooms in this single-family home at 1589 E Ocean Blvd.

What schools are nearby to 1589 E Ocean Blvd?

Nearby schools include the Newport Elementary School and Newport Harbor High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 1589 E Ocean Blvd.

How does 1589 E Ocean Blvd compare to other single-family homes in Balboa Peninsula Point?

This single-family home is listed 52% below the average price for single-family homes in Balboa Peninsula Point and has been on the market for 35 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 3,049 sqft.

1589 E Ocean Blvd is a 4-bedroom, 4-bath single-family home for sale in Newport Beach CA 92661. On Prevu for 121 days at $4,150,000. This residence features 3,049 square feet of living space, located in Balboa Peninsula Point. The median listing price for single-family homes in this area is $6,600,000. Nearby schools include Newport Elementary School and Newport Harbor High School. Property amenities include private outdoor space, dishwasher, elevator, air conditioning, parking, and swimming pool. View other 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.