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$10,600,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 3,083 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Oceanfront living on the Peninsula Point-set on a rare oversized lot-this reimagined Nantucket-style beach home captures the spirit of Newport Beach coastal luxury with front-row whitewater views and effortless indoor-outdoor flow. With the beach at your doorstep, the residence offers a premier oceanfront address paired with a lifestyle defined by surf, sunsets, and seaside ease. A charming garden courtyard entry creates a sense of arrival, opening to expansive ocean-view living, dining, and kitchen spaces where walls of glass frame the Pacific and French doors lead to a wide beachfront patio-ideal for al fresco dining, weekend brunches, and sunset entertaining. The flexible five-bedroom layout includes a main-level guest suite, while the upstairs oceanfront primary retreat features a private sitting room or office and an expansive terrace with panoramic sunrise-to-sunset coastline views. A spacious bonus/media room adds versatility for gatherings, work-from-home, or game nights after a day at the beach. Four-car parking-anchored by an oversized two-car garage-provides an exceptional Peninsula amenity. From early mornings at The Wedge and bike rides along the Newport Beach boardwalk to paddle boarding on the bay and evenings on your own oceanfront patio, this home delivers the full Peninsula Point lifestyle. Turnkey, oceanfront, and set on an oversized parcel, this Nantucket-inspired residence is a rare Newport Beach opportunity for those seeking a move-in-ready beachfront home in one of the coast's most sought-after communities.

Full Property Details for 1516 E Oceanfront

General

  • Sold For: $10,600,000
  • Status: Closed
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: NP26043115
  • Added to Site: 50 day(s) ago

Interior

  • Rooms/Areas: Formal Entry, Walk-In Closet, Library, See Remarks, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Media Room
  • Interior Features: Beamed Ceilings, Crown Molding, Balcony, Quartz Counters, Built-in Features, Recessed Lighting, Granite Counters
  • Fireplace: Yes
  • Fireplace(s): Library, Gas Starter, Living Room
  • Eating Areas: Breakfast Counter/Bar, Dining Room
  • Appliances: Electric Oven, Gas Cooktop, Range Hood, Built-In Range, Self Cleaning Oven, Refrigerator, Freezer, Disposal, Dishwasher, Microwave, Water Heater
  • Flooring: Carpet, Stone, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Garage, Washer Included, Dryer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Brick, Open Patio, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Garage (Direct Access), Garage (Single Door), Other, Built-In Storage, Private, Garage Door Opener

Location

  • County: Orange
  • Subdivision: Balboa Peninsula Point (BLPP)
  • Driving Directions: G Street to East Oceanfront...Left to 1516
  • Direction Faces: South

School Information

  • School District: Newport Mesa Unified

Community

  • Community Features: Curbs, Watersports, Biking, Street Lights, Urban, Storm Drains, Sidewalks

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Cape Cod
  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Entry Location: Front Door
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,083
  • Sq. Ft. Source: Assessor
  • Year Built: 1963
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Coastline, Ocean, Catalina, White Water, City Lights, Neighborhood, See Remarks, Water, Panoramic
  • Lot Size (Acres): 0.0854
  • Lot Size Source: Assessor
  • Irrigation System: Sprinkler System
  • Lot Description: Landscaped, Garden, Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $3,438.21

Disclosures and Reports

  • Special Conditions: Standard

Meet the listing and selling agent

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— 1516 E Oceanfront —

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NMLS#: 1598647

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Schools serving 1516 E Oceanfront

School District:Newport-Mesa Unified School District
NameGradesDistance
Newport Elementary School
1327 West Balboa Boulevard, Newport Beach, CA 92661
K-61.7 mi
Horace Ensign Intermediate School
2000 Cliff Drive, Newport Beach, CA 92663
7-82 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 E Oceanfront

Date
Details
Price
Change
Source
4/13/2026
Sold
$10,600,000
-5.35%
MLS
2/26/2026
Listed
$11,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1516 E Ocean Front, Newport Beach, CA 92661 (MLS# NP26043115) is a Single Family property that was sold at $10,600,000 on April 13, 2026. This property was listed by Tara Foster-Shapiro from our Newport Beach Office.Want to learn more about 1516 E Ocean Front? Do you have questions about finding other Single Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.