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Mike Chiesl

hello@chieslmarelly.com +1(760) 473-0000

$ 3,200,000

Est. payment -/mo

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Pending

1589 E Ocean Boulevard Newport Beach, CA 92661

3 Beds

2 Baths

1,664 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,664 sqft

Price per Sqft $1,923

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID PW25176224

Bedrooms 3

Full Baths 2

Year Built 1968

Lot Size 2,450 Sqft

Lot Dimensions 36x70

Property Sub-Type Detached

Property Description

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 Californias 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, Newports 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 lotits a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

Location

State CA

County Orange

Zoning R1

Direction PCH; HWY 1 to W Balboa Blvd, follow until E Balboa Blvd to I St; end of Peninsula...Ocean Blvd, second home from the corner

Interior

Interior Features Balcony, Sunken Living Room, Tile Counters

Heating Fireplace, Forced Air Unit

Flooring Carpet, Laminate, Tile

Fireplaces Type FP in Living Room, Gas

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator

Exterior

Parking Features Direct Garage Access, Garage - Two Door

Garage Spaces 2.0

Fence Poor Condition, Wood

Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Coastline, Ocean, Other/Remarks

Roof Type Flat,Spanish Tile,Tile/Clay

Accessibility None

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 04820241

Special Listing Condition Third Party Approval

Listed by Carly Zamani Compass

Mike Chiesl

Broker | License ID: 01783300

+1(760) 473-0000

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