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$3,200,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,664 Sq. Ft.
  • 2 Car Garage
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Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California's most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport's legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot-it's a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

Full Property Details for 1589 E Ocean Blvd

General

  • Sold For: $3,200,000
  • Status: Closed
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PW25176224
  • Added to Site: 122 day(s) ago

Interior

  • Rooms/Areas: Den, Entry, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Office
  • Interior Features: Balcony, Ceiling Fan(s), High Ceilings, Sunken Living Room, Tile Counters
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas, Wood Burning
  • Eating Areas: Separated
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
  • Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Garage

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: None

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage (Direct Access), Garage Faces Rear, Garage (Two Doors), Street

Location

  • County: Orange
  • Subdivision: Balboa Peninsula (Residential) (BALP)
  • Driving Directions: PCH; HWY 1 to W Balboa Blvd, follow until E Balboa Blvd to I St; end of Peninsula...Ocean Blvd, second home from the corner
  • Direction Faces: West

School Information

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

Community

  • Community Features: Biking, Curbs, Fishing, Watersports, Preserve/Public Land, Storm Drains, Street Lights

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Fireplace(s), Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Mid Century Modern
  • Structure Type: Single Family Residence
  • Construction: Block, Stone, Stucco, Synthetic Stucco
  • Foundation: Slab
  • Roof: Clay, Flat, Spanish Tile
  • Common Walls: No Common Walls
  • Windows: Bay Window(s)
  • Doors: Sliding Doors
  • Disability Access: None
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,664
  • Sq. Ft. Source: Assessor
  • Year Built: 1968
  • Year Built Source: Assessor
  • Property Condition: Fixer, Repairs (Major)

Lot Features

  • Property View: Coastline, Ocean, See Remarks
  • Lot Size (Acres): 0.0562
  • Lot Size Source: Assessor
  • Lot Dimensions: 36 x 70
  • Zoning: R1
  • Lot Description: 0-1 Unit/Acre, Lawn, Level with Street, Rectangular Lot, Tear-Down, Value In Land
  • Fencing (Description): Poor Condition, Stone, Wood

Financial Considerations

  • Price Per Sq. Ft.: $1,923.08

Disclosures and Reports

  • Special Conditions: Third Party Approval, Trust

Listed and Sold by Compass, Carly Zamani

Listing agent

— 1589 E Ocean Blvd —

  • Carly Zamani

    Compass

949-232-8211

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1589 E Ocean Blvd

School District:Newport-Mesa Unified School District
NameGradesDistance
Newport Elementary School
1327 West Balboa Boulevard, Newport Beach, CA 92661
K-61.8 mi
Horace Ensign Intermediate School
2000 Cliff Drive, Newport Beach, CA 92663
7-82.1 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1589 E Ocean Blvd

Date
Details
Price
Change
Source
10/14/2025
Sold
$3,200,000
—
MLS
10/02/2025
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Compass, Carly Zamani

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1589 E Ocean Boulevard, Newport Beach, CA 92661 (MLS# PW25176224) is a Single Family property that was sold at $3,200,000 on October 14, 2025. Want to learn more about 1589 E Ocean Boulevard? 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.