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2004 E Ocean Boulevard, Newport Beach
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$4,195,000
New Listing

2004 E Ocean Boulevard
Newport Beach, CA 92661

For Sale|Single Family Residence|Active
2
Beds
2
Total Baths
2
Full Baths
1,187
SqFt
$3,534
/SqFt
1952
Built
Subdivision:
Balboa Peninsula Point (BLPP)
County:
Orange
Listed by Jessica Bailey of Compass jessie.bailey@compass.com
Call Now: (949) 494-8830
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(949) 494-8830
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Sun, Sep 27, 1:00 PM - 4:00 PM
2004 E Ocean Boulevard2004 E Ocean Boulevard2004 E Ocean Boulevard2004 E Ocean Boulevard
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Known as the “Happy House” by neighbors who have long admired its unmistakable charm, 2004 E Ocean Boulevard is a true piece of Peninsula Point history. Designed by Don Phillips, the local legend credited with bringing the frozen banana to Newport Beach, this beloved cottage has a place in the story of the Peninsula that goes well beyond its impossibly charming facade. Phillips’ frozen-banana legacy became part of Newport folklore—and ultimately helped inspire the fictional banana-stand world of Arrested Development. Today, that history lives beautifully alongside a remarkably thoughtful designer renovation. The home’s original soul was carefully preserved—from its distinctive diamond windows to its whimsical cupola—while every other detail was elevated with intricate millwork, natural stone, custom cabinetry, Warren Christopher wide-plank flooring, a Wolf range, Sub-Zero refrigerator, Shade Store window coverings, beautifully appointed baths, and a new roof. The result is a two-bedroom, two bath, single-level beach cottage that feels both polished and wonderfully personal. Every inch has been considered, and every square foot is exceptionally livable—proof that a smaller home can have an extraordinary presence. Positioned on the sunny side of Ocean Boulevard, just two homes from the sand and iconic L Street beach, the location is prime Peninsula Point. The Wedge is steps away, and the legendary swells can be heard year round. Residents also have the option to join the Peninsula Point HOA’s bayfront lounge, barbecue area, vessel launch, and optional security patrol. A little piece of Newport history, lovingly preserved and impeccably reimagined, the “Happy House” is as rare as it is charming—and perhaps one of the sweetest beach cottages anywhere on the Peninsula. Grab a frozen banana and welcome yourself home to 2004 E Ocean Boulevard.

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Listing Snapshot
Price 
$4,195,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,187 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.0603 Acres
Year Built 
1952
MLS® Number 
NP26204802
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
3 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.0603
Attached Garage 
Yes
Disclosures 
FamilialRelationPrincipalIsRealEstateLicensed
Foundation 
Raised
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
AttachedGarageOversized
Parking Spaces 
2
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherFreezerDisposalGas RangeRefrigeratorRange HoodTankless Water HeaterWater PurifierDryerWasher
Cooling 
Central Air
Electric 
220 Volts in Garage
Fireplace 
Yes
Fireplace Features 
GasLiving Room
Flooring 
Wood
Heating 
Central
Interior 
Breakfast BarBuilt-in FeaturesCeiling Fan(s)Dry BarOpen FloorplanStone CountersRecessed LightingMaster Downstairs
Laundry Features 
InsideIn Garage
Main Level Bedrooms 
2
Bathroom 
Features - Stone Counters
Bedroom 
Dining Room 
Kitchen 
Living Room 
Master Bedroom 
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Exterior Features
Construction Details 
StuccoWood Siding
Fencing 
BlockVinyl
Lot Features 
Rectangular Lot
Patio And Porch 
DeckFront Porch
Pool Features 
None
Road Frontage 
City Street
Roof 
CompositionShingle
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Community Features 
CurbsStreet Lights
MLS Area 
NP - Balboa Peninsula
School District 
Newport Mesa Unified
Financing Terms Available 
Cash
Building Access 
1
Roads 
Paved
Schools
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor
CRMLS logo

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.

Neighborhood & Commute
Source: Walkscore
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Property Details for 2004 E Ocean Boulevard

This 2-bedroom, 2-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It offers 1,187 square feet of living space and is listed at $4,195,000, about $3,534 per square foot. The home was built in 1952. Highlights include a fireplace, single-story living, an attached two-car garage, a 2,627-square-foot lot, central air, 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.

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.

In Balboa Peninsula Point, 8 single-family homes have closed in the last 90 days at a median of $11,950,000, based on recorded MLS closings. The median was 11 days on market before going under contract.

Estimated monthly payment

6.76% · 30-yr fixed
$
$31,086/mo
10% down · 30-year fixed · $419,500 down
Principal & interest$24,513
Mortgage insurance (est., over 80% LTV)$1,573
Property tax (est. 1.08%)$3,776
Home insurance (rough est., varies widely)$1,224
HOANot reported, not included
$26,789/mo
20% down · 30-year fixed · $839,000 down
Principal & interest$21,789
Property tax (est. 1.08%)$3,776
Home insurance (rough est., varies widely)$1,224
HOANot reported, not included
$24,066/mo
30% down · 30-year fixed · $1,258,500 down
Principal & interest$19,066
Property tax (est. 1.08%)$3,776
Home insurance (rough est., varies widely)$1,224
HOANot reported, not included
Estimated carrying cost
$5,000/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$3,776
Home insurance (rough est., varies widely)$1,224
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.76% (week of Sep 10, 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 2004 E Ocean Boulevard

Want to see 2004 E Ocean Boulevard in person? We have guided buyers through Balboa Peninsula Point and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up the same day.

Call (949) 494-8830

Selling near 2004 E Ocean Boulevard

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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Location

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 2004 E Ocean Boulevard? Talk to Realatrends.

Also for sale in Newport Beach: 1735 E Ocean, 1730 E Ocean Boulevard, 1717 E Ocean Boulevard, 1706 E Ocean Boulevard.

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