1515 E Ocean Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated payment $40,254/month
Highlights
- Ocean View
- Property has ocean access
- Rooftop Deck
- Newport Elementary School Rated A
- Fishing
- Primary Bedroom Suite
About This Home
Effortlessly blending elevated style with coastal ease, this artfully designed Peninsula Point residence embodies the cool, laid-back spirit of Southern California living while offering bespoke interiors and ocean views. Positioned in an enviable setting just steps from the shore every detail of the home has been thoughtfully curated, from custom wood ceiling treatments and dramatic high-volume spaces to refined finishes that create a timeless, coastal-modern aesthetic. Enjoy the great room’s inviting atmosphere, with an open-concept design and effortless connection to the outdoors. Here expansive glass walls retract to reveal a sunlit patio, creating a natural extension of the space for indoor-outdoor living and entertaining. A sleek, contemporary fireplace anchors the room with warmth and style, while custom finishes—wood flooring, soft neutral tones, and refined textures—enhance the polished yet approachable coastal style. Designed for both intimate evenings and lively gatherings, the professional-grade kitchen is anchored by a striking marble waterfall island and complemented by custom cabinetry in a refined mix of white and rich natural wood tones. Premium appliances offer function and beauty, and a high-style wet bar with wine refrigeration makes for effortless entertaining. Upstairs the serene primary suite is designed with comfort in mind. Dramatic ceiling detail, custom wall paneling, and rich wood floors set the tone, while expansive windows frame treetop views and bathe the room in soft natural light. The spa-style bath invites relaxation with its deep soaking tub, dual-sink marble vanity, and rejuvenating steam shower. Two additional guest suites, and an ocean view office with custom Murphy Bed wall system complete the second floor. The home’s ultimate coastal vantage point is the ocean-view roof deck, with the sound of the waves and a panorama of water and city light views from sunrise to sunset. The interior lounge elevates rooftop entertaining, as it is fully appointed with refrigeration and abundant cabinet and counter space. Practical luxuries include a spacious two-car garage with EV charging and a dedicated beach shower area with storage for boards and bikes. Delight in the Peninsula Point lifestyle from this toes-in-the-sand coastal retreat where timeless design and the beauty of the ocean converge.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 09/11/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,521
Year Built
- Built in 2015
Lot Details
- 2,450 Sq Ft Lot
- Rectangular Lot
- Drip System Landscaping
- Sprinkler System
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Property Views
- Ocean
- Coastline
- City Lights
- Neighborhood
Home Design
- Custom Home
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 3,016 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Wired For Sound
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Recessed Lighting
- Awning
- Entrance Foyer
- Great Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
- Storage
Kitchen
- Eat-In Kitchen
- Double Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Quartz Bathroom Countertops
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Steam Shower
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
- Rooftop Deck
- Patio
- Outdoor Fireplace
- Terrace
- Exterior Lighting
- Outdoor Storage
- Front Porch
Location
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 42 / B
- Tax Tract Number 518
- Assessor Parcel Number 04820204
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
- Electric Vehicle Charging Station
Recreation
- Fishing
- Water Sports
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $45,521 | $4,374,583 | $3,645,607 | $728,976 |
2024 | $45,521 | $4,288,807 | $3,574,124 | $714,683 |
2023 | $44,458 | $4,204,713 | $3,504,043 | $700,670 |
2022 | $43,725 | $4,122,268 | $3,435,336 | $686,932 |
2021 | $42,885 | $4,041,440 | $3,367,977 | $673,463 |
2020 | $43,376 | $4,085,650 | $3,467,438 | $618,212 |
2019 | $42,471 | $4,005,540 | $3,399,449 | $606,091 |
2018 | $41,622 | $3,927,000 | $3,332,793 | $594,207 |
2017 | $38,850 | $3,656,700 | $3,054,743 | $601,957 |
2016 | $37,974 | $3,585,000 | $2,994,846 | $590,154 |
2015 | $16,861 | $1,564,820 | $1,462,424 | $102,396 |
2014 | $1,194 | $81,787 | $60,005 | $21,782 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
09/26/2025 09/26/25 | Pending | -- | -- | -- | |
09/11/2025 09/11/25 | For Sale | $6,850,000 | +71.3% | $2,271 / Sq Ft | |
05/29/2020 05/29/20 | Sold | $4,000,000 | -11.0% | $1,351 / Sq Ft | View Prior Sale |
05/22/2020 05/22/20 | Pending | -- | -- | -- | |
04/14/2020 04/14/20 | For Sale | $4,495,000 | +12.4% | $1,519 / Sq Ft | |
03/24/2020 03/24/20 | Off Market | $4,000,000 | -- | -- | |
11/07/2019 11/07/19 | For Sale | $4,495,000 | +16.8% | $1,519 / Sq Ft | |
06/05/2017 06/05/17 | Sold | $3,850,000 | -3.6% | $1,132 / Sq Ft | View Prior Sale |
05/10/2017 05/10/17 | Pending | -- | -- | -- | |
04/19/2017 04/19/17 | For Sale | $3,995,000 | +14.1% | $1,175 / Sq Ft | |
12/01/2015 12/01/15 | Sold | $3,500,000 | 0.0% | $1,198 / Sq Ft | View Prior Sale |
12/01/2015 12/01/15 | For Sale | $3,500,000 | -- | $1,198 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $4,000,000 | California Title Company | |
Grant Deed | $3,850,000 | First American Title | |
Interfamily Deed Transfer | -- | First American Title Company | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $3,585,000 | First American Title Company | |
Interfamily Deed Transfer | -- | First American Title Company | |
Grant Deed | $1,500,000 | First American Title Company | |
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,400,000 | New Conventional | |
Previous Owner | $2,000,000 | New Conventional | |
Previous Owner | $750,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25214046

APN: 048-202-04
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