714-914-4996

1589 E Ocean ,
Newport Beach, CA 92661

$4,150,000

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.

Basic Information

MLS #:
PW26071219

Price:
$4,150,000

Price
(per sq ft):
$1,361.00

Address:
1589 E Ocean ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Single Family Residence

Days on Market:
5

Status:
Active

Bedrooms:
4

Bathrooms:
5

Full Baths:
4

Size (sq ft):
3,049 sq ft

Lot Size:
2,450 sq ft

Year Built:
1968

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Up, Kitchen, Living Room

Eating Area:
Dining Room

Laundry:
In Garage

Entry Location:
1

Interior Features

Fireplace:
Living Room

Cooling:
Central Air

Heating:
Fireplace(s), Forced Air

Floor:
Tile, Vinyl, Carpet

Appliances:
Electric Oven, Electric Water Heater, Ice Maker, Instant Hot Water, Gas & Electric Range, Refrigerator, Disposal, 6 Burner Stove, Dishwasher, Microwave, Water Heater

Interior Features:
Crown Molding, Balcony, Block Walls, Elevator, High Ceilings, Ceiling Fan(s), Pantry, Recessed Lighting, Cathedral Ceiling(s)

Security:
Carbon Monoxide Detector(s), Smoke Detector(s)

Accessibility:
None, Doors - Swing In, Adaptable For Elevator

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Direct Garage Access, Garage Faces Rear, Garage - Two Door, Street

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

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

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:

High:
NEWPOR

Exterior Features

Pool:
None

Spa:
None

Patio:
Rear Porch, Wrap Around

View:
Ocean

Construction:
Board & Batten Siding, Stucco, Brick Veneer, Blown-In Insulation

Foundation:
Slab

Roof:
Clay

Windows:
Skylight(s), Blinds, Screens

Common Walls:
No Common Walls

Levels:
One

Lot Features:
Sprinklers In Front, Cul-De-Sac, Level with Street, 0-1 Unit/Acre, Front Yard, Value In Land

Additional Information

County:
Orange

Senior Community:
No

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

Other Structures:

Structure Condition:
Repairs Major, Fixer

Direction Faces:

Listed by:
zRE Group , Carly Zamani , 02030224

Co-Listed:

Last
Updated:
4/7/2026 4:34 PM

1589 E Ocean ,
Newport Beach, CA 92661