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$4,150,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1589 E Ocean
General
- Price: $4,150,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PW26071219
- Updated: Today (4/2/2026)
- Added to Site: Today
Interior
- Rooms/Areas: All Bedrooms Up, Kitchen, Living Room
- Interior Features: Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Dining Room
- Appliances: Water Heater, Disposal, Refrigerator, Electric Range, Electric Oven
- Flooring: Tile, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Rear Porch
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 to E Balboa Blvd, stay right at the fork in the road home is second from the corner
School Information
- School District: Newport Mesa Unified
- Elementary School: NEWPOR
- High School: NEWPOR
Community
- Community Features: Gutters, Curbs, Watersports, Biking, Dog Park, Hiking, Fishing, Street Lights, Storm Drains, Sidewalks, Suburban, Park
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: Stucco
- Foundation: Slab
- Roof: Clay
- Common Walls: No Common Walls
- Windows: Skylight(s), Blinds, Screens
- Doors: Sliding Doors
- Disability Access: None
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,664
- Sq. Ft. Source: Assessor
- Year Built: 1968
- Year Built Source: Assessor
- Property Condition: Repairs (Major), Fixer
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.0562
- Lot Size (Sq. Ft.): 2,450
- Lot Size Source: Assessor
- Lot Dimensions: 36 x 70
- Irrigation System: Sprinkler System
- Lot Description: Sprinklers in Front, Cul-de-Sac, Level with Street, 0-1 Unit/Acre, Front Yard, Value In Land
- Fencing (Description): Fair Condition
Financial Considerations
- Price Per Sq. Ft.: $2,493.99
Disclosures and Reports
- Special Conditions: Standard
Listed by zRE Group, Carly Zamani
Get Pre-Approved Today
Schools
Schools serving 1589 E Ocean
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 1.8 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 2.1 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 2.3 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 1589 E Ocean
Date
Details
Price
Change
Source
4/02/2026
Listed
$4,150,000
29.69%
MLS
10/06/2025
Sold
$3,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1589 E Ocean
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,934
2%
$152,809
2%
2024
$1,896
3%
$149,813
2%
2023
$1,846
2%
$146,876
2%
2022
$1,810
2%
$143,997
2%
2021
$1,776
1%
$141,174
1%
2020
$1,758
2%
$139,727
2%
2019
$1,727
2%
$136,988
2%
2018
$1,694
2%
$134,302
2%
2017
$1,664
2%
$131,669
2%
2016
$1,629
1%
$129,088
2%
2015
$1,610
2%
$127,149
2%
2014
$1,572
1%
$124,659
—
2013
$1,557
—
$124,096
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1589 E Ocean
1589 E Ocean, Newport Beach, CA 92661 (MLS# PW26071219) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1589 E Ocean is currently listed for $4,150,000 and was received on April 02, 2026. Want to learn more about 1589 E Ocean? 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.

