Listing Agent: Carly Zamani      Broker/Office: zRE Group
1589 Ocean E Newport Beach CA 92661
$ 4,150,000
  3   |    3   |    1664 Sq Feet

Listing ID

#PW26071219

Status

Active

Property Type

Single Family Residence

Property Style

Mid-Century Modern

County

Orange

Neighborhood

Balboa Peninsula (Residential) (BALP)

Year Built

1968

Days on website

2

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.
Location
Financial Information
List Price:  $ 4150000
Property Features
Appliances:  Disposal, Refrigerator
Community Features:  Biking, Curbs, Fishing, Hiking, Park, Sidewalks, Suburban
Construction Materials:  Stucco
Elementary School:  Newport
Flooring:  Carpet, Tile, Vinyl
Foundation Details:  Slab
High School:  Newport
High School District:  Newport Mesa Unified
Interior Features:  Balcony
Levels:  One
Parking Features:  Garage
Property Condition:  Fixer
Road Surface Type:  Paved
Roof:  Clay
Senior Community YN:  false
Structure Type:  House
View:  Ocean
Water Source:  Public
Window Features:  Blinds, Screens
Elementary School:  Newport
High School:  Newport
High School District:  Newport Mesa Unified
MLS Area Major:  NP - Balboa Peninsula
City:  Newport Beach
Senior Community YN:  false
Listed By:   Carly Zamani   zRE Group 
CA Lic#