714-914-4996

2004 E Ocean Boulevard,
Newport Beach, CA 92661

$4,195,000

Known as the “Happy House” by neighbors who have long admired its unmistakable charm, 2004 E Ocean Boulevard is a true piece of Peninsula Point history. Designed by Don Phillips, the local legend credited with bringing the frozen banana to Newport Beach, this beloved cottage has a place in the story of the Peninsula that goes well beyond its impossibly charming facade. Phillips’ frozen-banana legacy became part of Newport folklore—and ultimately helped inspire the fictional banana-stand world of Arrested Development. Today, that history lives beautifully alongside a remarkably thoughtful designer renovation. The home’s original soul was carefully preserved—from its distinctive diamond windows to its whimsical cupola—while every other detail was elevated with intricate millwork, natural stone, custom cabinetry, Warren Christopher wide-plank flooring, a Wolf range, Sub-Zero refrigerator, Shade Store window coverings, beautifully appointed baths, and a new roof. The result is a two-bedroom, two bath, single-level beach cottage that feels both polished and wonderfully personal. Every inch has been considered, and every square foot is exceptionally livable—proof that a smaller home can have an extraordinary presence. Positioned on the sunny side of Ocean Boulevard, just two homes from the sand and iconic L Street beach, the location is prime Peninsula Point. The Wedge is steps away, and the legendary swells can be heard year round. Residents also have the option to join the Peninsula Point HOA’s bayfront lounge, barbecue area, vessel launch, and optional security patrol. A little piece of Newport history, lovingly preserved and impeccably reimagined, the “Happy House” is as rare as it is charming—and perhaps one of the sweetest beach cottages anywhere on the Peninsula. Grab a frozen banana and welcome yourself home to 2004 E Ocean Boulevard.

Basic Information

MLS #:
NP26204802

Price:
$4,195,000

Price
(per sq ft):
$3,534.00

Address:
2004 E Ocean Boulevard ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula Point (BLPP)

Property
Type:
Single Family Residence

Days on Market:
1

Status:
Active

Bedrooms:
2

Bathrooms:
2

Full Baths:
2

Size (sq ft):
1,187 sq ft

Lot Size:
2,625 sq ft

Listing Agent:
Compass , Jessica Bailey , 01990301

Year Built:
1952

Sale Type:
Standard

Rooms in Home

Rooms:
Primary Bedroom, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Suite

Eating Area:
Breakfast Counter / Bar, Dining Room

Laundry:
Inside, In Garage, Washer Included, Dryer Included

Entry Location:
1

Interior Features

Fireplace:
Gas, Living Room

Cooling:
Central Air

Heating:
Central

Floor:
Wood

Appliances:
Disposal, Refrigerator, Tankless Water Heater, Range Hood, Water Purifier, Gas Range, Water Line to Refrigerator, Freezer, Dishwasher

Interior Features:
Dry Bar, Built-in Features, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Stone Counters

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

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Garage - Two Door, Oversized

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

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

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
None

Spa:
None

Patio:
Front Porch, Deck

View:
Neighborhood

Construction:
Wood Siding, Stucco

Foundation:
Raised

Roof:
Composition, Shingle

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
Rectangular Lot

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Curbs, Street Lights

Other Structures:

Structure Condition:
Turnkey, Updated/Remodeled

Direction Faces:

Last
Updated:
9/23/2026 6:12 PM

2004 E Ocean Boulevard,
Newport Beach, CA 92661