A rare, shovel-ready opportunity on the coveted Newport Beach

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Home For Sale

1589 E Ocean

Newport Beach, California 92661

Orange County Ocean View: Yes

Community: Balboa Peninsula (Residential) (BALP)

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$4,150,000 4 br, 5.0 bath 3049 sq. ft. 0.056 acres

A rare, shovel-ready opportunity on the coveted Newport Beach Peninsula. This property is being offered with approved, full architectural plans for a custom coastal residence--allowing the next owner to bypass years of design, entitlement, and permitting and move straight into construction.
Situated on a 36x70 lot just steps from the sand, this property is positioned in one of the Peninsula's most desirable enclaves, surrounded by newly built luxury homes and timeless beach architecture. The included plans envision a refined, modern coastal home with thoughtful indoor-outdoor living, generous natural light, and an elevated design language tailored to the neighborhood's premium aesthetic.
With utilities, surveys, and planning work complete, this is a true turn-key development opportunity: build immediately, customize finishes to your taste, and deliver a brand-new residence in a market where new construction consistently commands top-tier values.
Whether you're an end-user seeking a streamlined path to your dream beach home or an investor looking for a high-demand coastal build, 1589 E Ocean Blvd offers unmatched efficiency, location, and long-term value.

Interior:
  • Bedrooms: 4
  • Baths: 5.0
  • Sq Ft: 3049
  • Year Built: 1968
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Fireplace(s), Forced Air
  • Garage: Garage
Exterior:
  • Lot Size: 0.056 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: Blown-In Insulation, Board & Batten Siding, Brick, Brick Veneer, Stucco
  • Roof: 
  • MLS #: PW26071219
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Contact Information:
Beach Home For Sale in Newport Beach, California
Listing Agent: Carly Zamani, zRE Group, 949-232-8211, 949-232-8211 Listing Site, Listing Status: Active
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7514167
Viewed 35 times.
Updated: Apr 02, 2026

This property is a Home located at 1589 E Ocean, Newport Beach, California 92661, and is currently For Sale at $4,150,000. This Home has 4 bedrooms, 5.0 baths, 3049 sq ft.