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1589 E Ocean BLVD Newport Beach, CA 92661
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Key Details
Sold Price $3,200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $1,923
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID PW25176224
Bedrooms 3
Full Baths 2
Year Built 1968
Lot Size 2,448 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Zoning R1
Interior
Heating Forced Air, Fireplace(s)
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type Gas, Living Room, Wood Burning
Laundry In Garage
Exterior
Parking Features Door-Multi, Direct Access, Garage, Garage Faces Rear, On Street
Garage Spaces 2.0
Garage Description 2.0
Fence Stone, Wood
Pool None
Community Features Biking, Curbs, Fishing, Preserve/Public Land, Storm Drain(s), Street Lights, Water Sports, Marina
Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access,Ocean Side Of Highway,Seawall
View Y/N Yes
View Coastline, Ocean
Roof Type Clay,Flat,Spanish Tile
Building
Lot Description 0-1 Unit/Acre, Lawn, Rectangular Lot, Street Level, Tear Down, Value In Land
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Newport
School District Newport Mesa Unified
Others
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Third Party Approval, Trust
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Bought with Carly Zamani Compass
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