$8,980,000
5Beds6Baths3,349SqFt
1416 E Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula Point
Sold
1516 E Ocean Front sold on April 13, 2026 for $10,600,000, 5.3% below the $11,199,000 asking price after 18 days on the market. The buyer paid cash. The details are below for reference.
1516 E Ocean Front, Newport Beach, CA 92661
$10,600,000
- Beds
- 5
- Baths
- 4
- Sq Ft
- 3,083
- Per Sq Ft
- $3,438
- Sq Ft Lot
- 3,720
- Built
- 1963
- Garage
- 2-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula Point
25 single-family homes sold in the past 12 months · median $4,650,000
About 1516 E Ocean Front
Oceanfront living on the Peninsula Point—set on a rare oversized lot—this reimagined Nantucket-style beach home captures the spirit of Newport Beach coastal luxury with front-row whitewater views and effortless indoor-outdoor flow. With the beach at your doorstep, the residence offers a premier oceanfront address paired with a lifestyle defined by surf, sunsets, and seaside ease. A charming garden courtyard entry creates a sense of arrival, opening to expansive ocean-view living, dining, and kitchen spaces where walls of glass frame the Pacific and French doors lead to a wide beachfront patio—ideal for al fresco dining, weekend brunches, and sunset entertaining. The flexible five-bedroom layout includes a main-level guest suite, while the upstairs oceanfront primary retreat features a private sitting room or office and an expansive terrace with panoramic sunrise-to-sunset coastline views. A spacious bonus/media room adds versatility for gatherings, work-from-home, or game nights after a day at the beach. Four-car parking—anchored by an oversized two-car garage—provides an exceptional Peninsula amenity. From early mornings at The Wedge and bike rides along the Newport Beach boardwalk to paddle boarding on the bay and evenings on your own oceanfront patio, this home delivers the full Peninsula Point lifestyle. Turnkey, oceanfront, and set on an oversized parcel, this Nantucket-inspired residence is a rare Newport Beach opportunity for those seeking a move-in-ready beachfront home in one of the coast’s most sought-after communities.
Property details for 1516 E Ocean Front
This 5-bedroom, 4-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It offers 3,083 square feet of living space. The home was built in 1963. The MLS record lists the assessor parcel number as 048-202-33. Highlights include ocean and coastline views, ocean frontage, a fireplace, an attached two-car garage, a 3,720-square-foot lot, and an updated home. 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
- $10,600,000
- Days On Site
- N/A
- Bedrooms
- 5
- Inside Area (SqFt)
- 3,083 sqft
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- N/A
- Lot Size
- 3,720 SqFt
- Year Built
- 1963
- MLS® Number
- NP26043115
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP26043115
- Year Built
- 1963
- Living Area (sq ft)
- 3,083
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,720
- Lot Size (acres)
- 0.0854
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 4
- Garage Spaces
- 2
- Parking Spaces
- 3
- View
- Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
- Parcel Number
- 04820233
- On Market Date
- 2026-02-26
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Breakfast Bar, Built In Features, Balcony, Crown Molding, Separate Formal Dining Room, Granite Counters, Quartz Counters, Recessed Lighting, Bedroom On Main Level, Primary Suite, Walk In Closets
- Appliances
- Built In Range, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
- Flooring
- Carpet, Stone, Wood
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Fireplace
- Gas Starter, Library, Living Room
- Laundry
- In Garage
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Cape Cod
- Lot Features
- Garden, Landscaped, Sprinkler System
- Patio and Porch
- Brick, Deck, Open, Patio
- Parking
- Direct Access, Door Single, Garage, Garage Door Opener, Other, Private, Storage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled
- Faces
- South
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula Point (BLPP)
- Community Features
- Biking, Curbs, Storm Drains, Street Lights, Sidewalks, Urban, Water Sports
- Security
- Carbon Monoxide Detectors, Smoke Detectors
Property History for 1516 E Ocean Front
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 13, 2026 | Sold | $10,600,000 | |
| Feb 26, 2026 | Listed for sale | $11,199,000 |
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.
Balboa Peninsula Point home sales, past 12 months
25Homes sold
$4,650,000Median price
15Median days on market
$3,079Median per sq ft
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula Point sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1730 E Ocean Boulevard | Sep 18, 2026 | $4,200,000 | 2,100 | $2,000 | 110 |
| 1722 E Oceanfront | Sep 15, 2026 | $12,200,000 | 3,962 | $3,079 | 0 |
| 2116 E Balboa Boulevard | Aug 31, 2026 | $26,800,000 | 5,624 | $4,765 | 65 |
| 2156 E Ocean | Aug 25, 2026 | $3,800,000 | 1,069 | $3,555 | 10 |
| 1411 E Bay | Jul 8, 2026 | $11,700,000 | 2,548 | $4,592 | 0 |
School District for 1516 E Ocean Front
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.
Looking for something similar
1516 E Ocean Front is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
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Selling near 1516 E Ocean Front
Thinking of selling nearby? We bring current Balboa Peninsula Point 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.
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Listed by Tara Foster Shapiro of Coldwell Banker 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.
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