714-914-4996

1585 E Ocean ,
Newport Beach, CA 92661

$7,300,000

Rare double-lot opportunity on the Newport Beach Peninsula offering 4,084 square feet of living space with incredible potential for remodel or rebuild. This Spanish Colonial style residence with a partially raised foundation showcases a large enclosed front courtyard with patio, built-in BBQ, fireplace, fountain, and landscape lighting. Inside, the home features wooden ceilings, crown molding, and a blend of wood and tile flooring throughout. The spacious primary suite includes two walk-in closets, vaulted wooden ceilings, an oversized bathroom, fireplace, an attached office, and a private balcony overlooking the courtyard, along with a slight peek-a-boo ocean view. A full bathroom with shower is conveniently located downstairs for coming off the beach, and an outdoor shower adds to the coastal lifestyle. The kitchen is designed with a built-in refrigerator, large island, oversized gas range, and walk-in pantry. Additional highlights include leased solar, multiple fireplaces, and generous lot size allowing for expanded outdoor living and design flexibility. Situated in the heart of the Peninsula, this property is just steps from the sand, surf, and Newport’s vibrant coastal amenities. Welcome Home Indeed.

Basic Information

MLS #:
PW25264664

Price:
$7,300,000

Price
(per sq ft):
$1,787.00

Address:
1585 E Ocean ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Single Family Residence

Days on Market:
10

Status:
Active

Bedrooms:
5

Bathrooms:
5

Full Baths:
3

Size (sq ft):
4,084 sq ft

Lot Size:
4,900 sq ft

Year Built:
1931

Sale Type:
Standard

Rooms in Home

Rooms:
Den, Entry, Guest/Maid's Quarters, Kitchen, Living Room, Primary Suite, Office, Retreat, Two Primaries, Walk-In Closet, Walk-In Pantry

Eating Area:
Dining Room

Laundry:
Electric Dryer Hookup, In Garage, Washer Hookup

Entry Location:
1

Interior Features

Fireplace:
Living Room, Primary Bedroom, Outside, Wood Burning, Decorative, Free Standing

Cooling:
None

Heating:
Central, Fireplace(s)

Floor:
Carpet, Tile, Wood

Appliances:
6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater

Interior Features:
Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Deck Attached, Pantry, Recessed Lighting, Stone Counters, Track Lighting, Wainscoting

Security:
Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System

Accessibility:
None

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Direct Garage Access, Electric Vehicle Charging Station(s), Garage Faces Rear, Public, Street

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
None

Spa:
None

Patio:
Brick, Enclosed, Front Porch, Terrace, Tile

View:
Neighborhood, Peek-A-Boo

Construction:
Stucco, Wood Siding

Foundation:
Combination, Raised, Slab

Roof:
Shingle, Spanish Tile

Windows:
Blinds, Double Pane Windows, French/Mullioned, Screens, Shutters, Skylight(s), Stained Glass, Wood Frames

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
0-1 Unit/Acre, Front Yard, Landscaped, Level with Street, Rectangular Lot, Level, Patio Home, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Value In Land

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Curbs, Fishing, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Other Structures:

Structure Condition:
Repairs Cosmetic

Direction Faces:
East

Listed by:
Carly Zamani, Broker , Carly Zamani , 02030224

Co-Listed:

Last
Updated:
12/5/2025 6:03 AM

1585 E Ocean ,
Newport Beach, CA 92661