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For Sale|Single Family ResidenceActive

1517 Miramar Drive, Newport Beach, CA 92661

  • 4 beds
  • 4 baths
  • 2,554 sq ft
  • 2,448 sq ft lot
  • Built 2026

MLS# NP26210684 · Listed Sep 30, 2026 · New Today

Subdivision Balboa Peninsula Point

26 single-family homes sold in the past 12 months · median $5,600,000

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The home

About 1517 Miramar Drive

Rich in authentic coastal character, this exceptional newly rebuilt four-bedroom, three-and-one-half-bath Peninsula Point residence offers a sophisticated interpretation of the classic Newport Beach cottage. Timeless architecture and beautifully considered interiors are elevated by bespoke craftsmanship, fine European fixtures and finishes, and a warm, layered palette of natural materials. Beyond its classic shingled façade and welcoming Dutch door, the interiors unfold with an understated sense of luxury. European oak floors flow throughout, complemented by extensive custom cabinetry and millwork and a curated collection of designer lighting. Generous windows and doors invite abundant natural light, while European limestone, handmade tile-work, honed marble, soapstone, and polished nickel fixtures lend depth, texture, and an artisanal quality to the home. A reclaimed brick fireplace, framed by custom cabinetry and built-in bookcases, gives the great room its distinctive sense of warmth and character. Expansive sliding doors open to the front terrace overlooking the park, where a fire pit creates an inviting outdoor gathering space and a natural extension of the interiors. At the heart of the home, the spacious kitchen is both beautifully appointed and highly functional, with custom cabinetry, a walk-in pantry, honed stone surfaces, an Italian-made ILVE range, and premier Sub-Zero, Wolf, and Cove appliances. A dedicated bar with beverage center complements the entertaining spaces, while the dining room is distinguished by a custom built-in hutch crafted as an integral part of the home’s millwork. The thoughtfully conceived four-bedroom plan includes a primary suite, junior primary suite, and two additional guest bedrooms. The primary offers a serene retreat with a spa-like bath featuring a steam shower, heated floors, European limestone, handcrafted tile, and polished nickel Waterworks fixtures. A second-floor deck provides another inviting outdoor setting for enjoying the coastal surroundings. A large two-car garage and full-size carport provide exceptional parking for the neighborhood, while a vintage-inspired outdoor beach shower awaits sandy feet after a day at the beach. Refined yet relaxed, 1517 Miramar captures the enduring appeal of Peninsula Point—the warmth and authenticity of a quintessential Newport Beach cottage, elevated by exceptional craftsmanship, sophisticated materials, and an effortless connection to its coastal setting.

Property details for 1517 Miramar Drive

This 4-bedroom, 4-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It offers 2,554 square feet of living space and is listed at $6,250,000, about $2,447 per square foot. The home was built in 2026. The MLS record lists the assessor parcel number as 048-201-03. Highlights include a fireplace, an attached two-car garage, a 2,448-square-foot lot, central air, new construction, and Cape Cod architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$6,250,000
Days On Site
New Today
Bedrooms
4
Inside Area (SqFt)
2,554 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
2,448 SqFt
Year Built
2026
MLS® Number
NP26210684
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Plans

General Features

Property Type
Single Family Residence
MLS Number
NP26210684
Year Built
2026
Living Area (sq ft)
2,554
Living Area Source
Plans
Lot Size (sq ft)
2,450
Lot Size (acres)
0.0562
Levels
Two
Bedrooms
4
Full Baths
3
Half Baths
1
Garage Spaces
2
Parking Spaces
3
View
Park Greenbelt, Neighborhood
Parcel Number
04820103
On Market Date
2026-09-30
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Wet Bar, Built In Features, Chair Rail, Crown Molding, Separate Formal Dining Room, Eat In Kitchen, Pantry, Paneling Wainscoting, Stone Counters, Recessed Lighting, See Remarks, Wired For Sound, Multiple Primary Suites, Primary Suite, Walk In Pantry
Appliances
Six Burner Stove, Built In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
Flooring
Stone, Wood
Heating
Forced Air, Natural Gas
Cooling
Central Air, Zoned
Fireplace
Great Room, Outside
Laundry
Inside, Laundry Room, Upper Level
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls
Rooms
Pantry, Bathroom, Kitchen, Dining Room, Laundry, Primary Bedroom, Other, Great Room

Exterior Features

Architectural Style
Cape Cod
Exterior Features
Lighting
Lot Features
Landscaped, Level, Rectangular Lot
Patio and Porch
Deck, Open, Patio, See Remarks
Parking
Attached Carport, Direct Access, Electric Vehicle Charging Stations, Garage, Garage Door Opener, Garage Faces Rear, See Remarks
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Turnkey
Units
1

Community Features

Subdivision
Balboa Peninsula Point (BLPP)
Community Features
Biking, Curbs, Fishing, Park, Storm Drains, Street Lights, Sidewalks, Urban, Water Sports
Security
Carbon Monoxide Detectors, Fire Sprinkler System, Smoke Detectors

The record

Property History for 1517 Miramar Drive

DateEventPriceNote
Sep 30, 2026 Listed for sale $6,250,000
Jul 28, 2025 Sold $3,200,000 Pacific Sotheby's Int'l Realty

Cost of ownership

Estimated monthly payment

6.95% · 30-yr fixed
$
$47,027/mo
10% down · 30-year fixed · $625,000 down
Principal & interest$37,235
Mortgage insurance (est., over 80% LTV)$2,344
Property tax (est. 1.08%)$5,625
Home insurance (rough est., varies widely)$1,823
HOANot reported, not included
$40,545/mo
20% down · 30-year fixed · $1,250,000 down
Principal & interest$33,097
Property tax (est. 1.08%)$5,625
Home insurance (rough est., varies widely)$1,823
HOANot reported, not included
$36,408/mo
30% down · 30-year fixed · $1,875,000 down
Principal & interest$28,960
Property tax (est. 1.08%)$5,625
Home insurance (rough est., varies widely)$1,823
HOANot reported, not included
Estimated carrying cost
$7,448/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$5,625
Home insurance (rough est., varies widely)$1,823
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.

Next steps

Buying 1517 Miramar Drive

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Selling near 1517 Miramar Drive

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The neighborhood

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

Homes sold
26
Median price
$5,600,000
Median days on market
17
Median per sq ft
$3,064

Recorded MLS closings of single-family homes, Sep 23, 2025 to Sep 23, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Balboa Peninsula Point sales

This home, asking 12-month median Recent sales, listed below

At $2,447 per square foot, this home's asking price is 20% below the Balboa Peninsula Point median of $3,064 for single-family homes that closed in the past 12 months.

Recent Balboa Peninsula Point sales

AddressClosedPriceSq ftPer sq ftDays on market
503 L Street Sep 22, 2026 $6,600,000 3,148 $2,097 93
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

Schools

School District for 1517 Miramar Drive

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.

Location

Location

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Listed by Tara Foster Shapiro of Coldwell Banker Realty

Listing information updated Sep 30, 2026 at 12:23 PM PT. Source: CRMLS.

Call (949) 494-8830