$3,999,800
7Beds5Baths2,371SqFt
1320 W Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
1589 E Ocean Boulevard sold on October 14, 2025 for $3,200,000, at the asking price on its first day on the market. The buyer paid cash. The details are below for reference.
1589 E Ocean Boulevard, Newport Beach, CA 92661
$3,200,000
- Beds
- 3
- Baths
- 2
- Sq Ft
- 1,664
- Per Sq Ft
- $1,923
- Sq Ft Lot
- 2,448
- Built
- 1968
- Garage
- 2-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula (Residential)
31 single-family homes sold in the past 12 months · median $6,925,000
About 1589 E Ocean Boulevard
Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California’s most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood.
Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport’s legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living.
Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot—it’s a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.
Property details for 1589 E Ocean Boulevard
This 3-bedroom, 2-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 1,664 square feet of living space. The home was built in 1968. The MLS record lists the assessor parcel number as 048-202-41. Highlights include ocean and coastline views, a fireplace, an attached two-car garage, a 2,448-square-foot lot, and mid-century modern architecture. 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
- $3,200,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,664 sqft
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- N/A
- Lot Size
- 2,448 SqFt
- Year Built
- 1968
- MLS® Number
- PW25176224
- 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
- PW25176224
- Year Built
- 1968
- Living Area (sq ft)
- 1,664
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,450
- Lot Size (acres)
- 0.0562
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Coastline, Ocean
- Parcel Number
- 04820241
- On Market Date
- 2025-10-02
- Zoning
- R1
- Listing Terms
- Third Party Approval, Trust
Interior Features
- Interior Features
- Balcony, Ceiling Fans, High Ceilings, Sunken Living Room, Tile Counters, Bedroom On Main Level
- Appliances
- Built In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
- Flooring
- Carpet, Laminate, Tile
- Heating
- Forced Air, Fireplaces
- Cooling
- None
- Fireplace
- Gas, Living Room, Wood Burning
- Laundry
- In Garage
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Bay Windows
- Doors
- Sliding Doors
- Accessibility
- None
Exterior Features
- Architectural Style
- Mid Century Modern
- Roof
- Clay, Flat, Spanish Tile
- Construction
- Block, Stone, Stucco, Synthetic Stucco
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre, Lawn, Rectangular Lot, Street Level, Tear Down, Value In Land
- Patio and Porch
- None
- Parking
- Door Multi, Direct Access, Garage, Garage Faces Rear, On Street
- Fencing
- Stone, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Phone Available, Sewer Connected, Water Connected
- Condition
- Fixer, Repairs Major
- Faces
- West
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Curbs, Fishing, Preserve Public Land, Storm Drains, Street Lights, Water Sports, Marina
Property History for 1589 E Ocean Boulevard
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 14, 2025 | Sold | $3,200,000 | |
| Oct 2, 2025 | Listed for sale | $3,200,000 |
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 (Residential) home sales, past 12 months
31Homes sold
$6,925,000Median price
51Median days on market
$2,616Median 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 (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
| 6704 W Oceanfront | Sep 2, 2026 | $8,400,000 | 2,640 | $3,182 | 91 |
| 524 W Oceanfront | Sep 1, 2026 | $13,650,000 | 6,249 | $2,184 | 78 |
| 1589 E Ocean Boulevard | Aug 18, 2026 | $4,000,000 | 3,052 | $1,311 | 11 |
Schools for 1589 E Ocean Boulevard
As listed in the MLS record. Confirm attendance boundaries with the school district.
- High
- Newport
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
Looking for something similar
1589 E Ocean Boulevard 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 1589 E Ocean Boulevard
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.
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Listed by Carly Zamani of Compass
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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