$26,995,000
5Beds7Baths7,724SqFt
4521 OrringtonNewport Beach, CA 92625Cameo Shores
1504 W Oceanfront 5, Newport Beach, CA 92663
$27,950,000
247 Days On Site
Est. $181,319/mo with 20% down, 30-year fixed
- Beds
- 6
- Baths
- 6
- Sq Ft
- 7,609
- Per Sq Ft
- $3,673
- Built
- 1962
- Garage
- 4-car
Call Clark Smith (949) 494-8830
About 1504 W Oceanfront 5
Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond.
Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”.
The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach.
This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing.
A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation.
1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.
Property details for 1504 W Oceanfront 5
This 6-bedroom, 6-bath triplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 7,609 square feet of living space and is listed at $27,950,000, about $3,673 per square foot. The home was built in 1962. The MLS record lists the assessor parcel number as 047-211-28. Highlights include ocean and coastline views, a spa, a fireplace, an attached four-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $27,950,000
- Days On Site
- 247 Days
- Bedrooms
- 6
- Inside Area (SqFt)
- 7,609 sqft
- Total Baths
- 6
- Full Baths
- 6
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1962
- MLS® Number
- NP26015959
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Estimated
General Features
- Property Type
- Triplex
- MLS Number
- NP26015959
- Year Built
- 1962
- Living Area (sq ft)
- 7,609
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 5,000
- Lot Size (acres)
- 0.1148
- Levels
- Multi Split
- Bedrooms
- 6
- Full Baths
- 6
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- Bay, City Lights, Coastline, Courtyard, Marina, Ocean, Panoramic, Pier
- Parcel Number
- 04721128
- On Market Date
- 2026-01-23
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Built In Features, Balcony, Cathedral Ceilings, Multiple Staircases, Bar, Bedroom On Main Level
- Cooling
- Central Air, Dual, Zoned
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Common Area, Electric Dryer Hookup, Gas Dryer Hookup
- Entry Level
- 1
- Common Walls
- One Common Wall
- Rooms
- Entry Foyer, Bonus Room, Bedroom, Family Room
Exterior Features
- Lot Features
- Zero To One Unit Acre, Corner Lot
- Patio and Porch
- Deck, Rooftop
- Parking
- Garage
- Pool Features
- None
- Spa
- Roof Top
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Sewer Connected, Water Connected
- Units
- 5
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks, Water Sports
Property History for 1504 W Oceanfront 5
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 23, 2026 | Listed for sale | $27,950,000 |
No prior MLS sales on record for this home since 2012.
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
School District for 1504 W Oceanfront 5
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Estimated monthly payment
6.95% · 30-yr fixed$
$210,301/mo
10% down · 30-year fixed · $2,795,000 down
Principal & interest$166,513
Mortgage insurance (est., over 80% LTV)$10,481
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
$181,319/mo
20% down · 30-year fixed · $5,590,000 down
Principal & interest$148,012
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
$162,817/mo
30% down · 30-year fixed · $8,385,000 down
Principal & interest$129,510
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
Estimated carrying cost
$33,307/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Buying 1504 W Oceanfront 5
Want to see 1504 W Oceanfront 5 in person? We have guided buyers through Balboa Peninsula (Residential) and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 1504 W Oceanfront 5
Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
Location
Virtual tour of 1504 W Oceanfront 5
Photos of 1504 W Oceanfront 5, Newport Beach
Similar Homes for Sale in Newport Beach
$25,950,000
5Beds6Baths3,821SqFt
1114 E Balboa BoulevardNewport Beach, CA 92661
$24,995,000
5Beds6Baths5,453SqFt
1324 E Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula Point
$24,950,000
5Beds4Baths3,745SqFt
2572 Bayshore DriveNewport Beach, CA 92663Bayshores
$22,995,000
3Beds4Baths4,684SqFt
12 Harbor IslandNewport Beach, CA 92660Harbor Island
$21,500,000
7Beds9Baths8,433SqFt
2258 Channel RoadNewport Beach, CA 92661Balboa Peninsula Point
$20,500,000
5Beds6Baths4,305SqFt
809 Via Lido SoudNewport Beach, CA 92663Lido Island
Newest Newport Beach Homes for Sale
Explore Newport Beach Real Estate
See every home for sale in Newport Beach, or search the full Orange County MLS on our live homes search. Questions about 1504 W Oceanfront 5? Talk to Realatrends.
Listed by Amelie Mason of Pacific Sotheby's Int'l Realty
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Explore Orange County
Browse Homes by City
Listing alerts
Be first to see new Newport Beach listings
What criteria are you looking for?
New Newport Beach homes by email, often before they reach the big portals.
You are all set.