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.
Sold for $3,200,000 on 10/14/25
Listing Provided by:
Carly Zamani DRE #02030224 949-232-8211,
Compass
Bought with: Compass
$3,200,000
1589 E Ocean Blvd, Newport Beach, CA 92661
3beds
1,664sqft
Single Family Residence
Built in 1968
2,450 Square Feet Lot
$3,199,600 Zestimate®
$1,923/sqft
$7,354 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2025 at 10:49am
Listing Provided by:
Carly Zamani DRE #02030224 949-232-8211,
Compass
Bought with:
Carly Zamani, DRE #02030224
Compass
Source: CRMLS,MLS#: PW25176224
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Full Bath on Main Level, Tub Shower
Kitchen
- Features: Tile Counters
Heating
- Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
- Laundry: In Garage
Features
- Balcony, Ceiling Fan(s), High Ceilings, Sunken Living Room, Tile Counters, Bedroom on Main Level
- Flooring: Carpet, Laminate, Tile
- Doors: Sliding Doors
- Windows: Bay Window(s)
- Has fireplace: Yes
- Fireplace features: Gas, Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,664 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Direct Access, Garage, Garage Faces Rear, On Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: None
- Pool features: None
- Spa features: None
- Fencing: Stone,Wood
- Has view: Yes
- View description: Coastline, Ocean
- Has water view: Yes
- Water view: Coastline,Ocean
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Highway, Seawall
Lot
- Size: 2,450 sqft
- Dimensions: 36 x 70
- Features: 0-1 Unit/Acre, Lawn, Rectangular Lot, Street Level, Tear Down, Value In Land
Details
- Parcel number: 04820241
- Zoning: R1
- Special conditions: Third Party Approval,Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern
- Property subtype: Single Family Residence
Materials
- Block, Stone, Stucco, Synthetic Stucco
- Foundation: Slab
- Roof: Clay,Flat,Spanish Tile
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Curbs, Fishing, Preserve/Public Land, Storm Drain(s), Street Lights, Water Sports, Marina
Location
- Region: Newport Beach
- Subdivision: Balboa Peninsula (Residential) (Balp)
Other
Other facts
- Listing terms: Cash,Submit
- Road surface type: Alley Paved, Paved
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Estimated market value
$3,199,600