1589 E Ocean Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated payment $22,114/month
Highlights
- Water Views
- Fishing
- Fireplace
- Newport Elementary School Rated A
- No HOA
- 2 Car Attached Garage
About This Home
A rare opportunity to create a brand-new coastal-inspired luxury residence in one of Newport Beach's most desirable neighborhoods. Being delivered with fully approved plans, this premier homesite offering - located one door from the sand - allows the next owner to immediately begin construction, eliminating the time and uncertainty often associated with the planning and entitlement process. The approved plans showcase a thoughtfully designed four-bedroom, four-and-one-half-bath residence that blends timeless coastal architecture with sophisticated modern living. Conceived to maximize natural light, comfort, and seamless indoor-outdoor flow, the proposed home offers expansive living and entertaining spaces on three levels. The design is highlighted by a versatile third-floor bonus room and spectacular covered and uncovered rooftop terraces that create an extraordinary setting for sunset gatherings, coastal breezes, and year-round outdoor enjoyment. Additional features include an elevator, a two-car garage, dedicated golf cart parking, and carefully curated spaces that reflect the relaxed yet elevated lifestyle synonymous with Newport Beach. Whether envisioned as a primary residence or coastal retreat, this offering represents a unique opportunity to build a distinctive new construction home with a fully vetted design already in place—allowing the buyer to focus on the excitement of creating an exceptional customized residence in one of Newport Beach's most coveted beachside communities.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 07/09/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2026
Lot Details
- 2,450 Sq Ft Lot
- Rectangular Lot
- Level Lot
Parking
- 2 Car Attached Garage
Property Views
- Water
- City Lights
- Peek-A-Boo
- Neighborhood
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,052 Sq Ft Home
- 3-Story Property
- Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Exterior Lighting
- Urban Location
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 23 / B
- Tax Tract Number 518
- Assessor Parcel Number 04820241
- $407 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Water Sports
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,934 | $152,809 | $73,559 | $79,250 |
| 2024 | $1,896 | $149,813 | $72,116 | $77,697 |
| 2023 | $1,846 | $146,876 | $70,702 | $76,174 |
| 2022 | $1,810 | $143,997 | $69,316 | $74,681 |
| 2021 | $1,776 | $141,174 | $67,957 | $73,217 |
| 2020 | $1,758 | $139,727 | $67,260 | $72,467 |
| 2019 | $1,727 | $136,988 | $65,941 | $71,047 |
| 2018 | $1,694 | $134,302 | $64,648 | $69,654 |
| 2017 | $1,664 | $131,669 | $63,380 | $68,289 |
| 2016 | $1,629 | $129,088 | $62,138 | $66,950 |
| 2015 | $1,610 | $127,149 | $61,204 | $65,945 |
| 2014 | $1,572 | $124,659 | $60,005 | $64,654 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $3,998,000 | +24.9% | $1,310 / Sq Ft | |
| 10/14/2025 10/14/25 | Sold | $3,200,000 | 0.0% | $1,923 / Sq Ft | View Prior Sale |
| 10/02/2025 10/02/25 | Pending | -- | -- | -- | |
| 10/02/2025 10/02/25 | For Sale | $3,200,000 | -- | $1,923 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Ticor Title Company | |
| Grant Deed | $3,200,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26149960
APN: 048-202-41
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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