1516 E Oceanfront Newport Beach, CA $ 11,875,000
1516 E Oceanfront
$ 11,875,000
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1516 E Oceanfront

Newport Beach, CA, 92661
$ 11,875,000
Bedrooms5 Baths4.0 Sq 3,083

Monthly Estimate*

$ 74,085

Listed by Coldwell Banker Realty
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Single Family Home for sale in Newport Beach, CA

for $11,875,000 with 5 bedrooms and 4 full baths. This 3,083 square foot home was built in 1963 on a lot size of 0.0854.

Situated on a premier, oversized oceanfront lot, this freshly re-imagined Nantucket-style residence combines timeless East Coast charm with the beauty of Newport Beach’s most iconic shoreline. Ideally located within the treasured Peninsula Point neighborhood, the home offers both a premier address and a lifestyle defined by surf, sand, and coastal sophistication. Approached through a flowering garden courtyard, the home balances warmth and privacy with the ease of indoor-outdoor living. Generous oceanfront living, dining, and kitchen spaces form the heart of the home, where windows frame whitewater views and French doors open directly to a wide beachfront patio—the perfect setting to delight in al fresco dining or a sunset glass of wine with friends. With a family friendly layout, the home boasts five bedrooms to include a thoughtful first-floor guest accommodation. Upstairs the oceanfront primary retreat enjoys a private office/sitting room, and an expansive oceanfront terrace with a panorama of sunrise to sunset views over the Pacific. There is also a spacious bonus/media room that offers additional flexibility for gatherings, work, or play. An oversized two-car garage, with additional exterior parking for two cars provides a rare convenience on the Peninsula. Life on Peninsula Point is both relaxed and vibrant: mornings at The Wedge, bike rides along the boardwalk, afternoons at the community bay beach or private tennis club, and evenings watching the sun sink into the Pacific from your own patio. With its rare oversized lot, turnkey remodel, and enduring Nantucket character, this home is a move-in ready oceanfront offering in one of Newport Beach’s most exclusive seaside communities.

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Single Family Active

Price

$ 11,875,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.0854

Year Built

1963

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP25199245

Days on Market

107

Features
General
Living Area 3083
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Built-In Range Dishwasher Electric Oven Freezer Gas Cooktop Disposal Microwave Refrigerator Range Hood Self Cleaning Oven Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Brick Deck Open Patio
Architectural Style Cape Cod
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1963
View Catalina City Lights Coastline Neighborhood Ocean Panoramic Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Waterfront Features Beach Access Beach Front Navigable Water Ocean Front Ocean Side Of Highway
Community Features Biking Curbs Storm Drain(s) Street Lights Sidewalks Urban Water Sports
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Balboa Peninsula Point (BLPP)
Facing Direction South
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions G Street to East Oceanfront...Left to 1516
City Newport Beach
Disclosures Coastal Commission Restrictions Coastal Zone
Entry Location Front Door
Senior Community Y/N false
High School District Newport Mesa Unified
Open Parking Spaces 1
Number Of Units Total 1
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 3720
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Tax Lot 5
Virtual Tour https://vimeo.com/1115978840
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Beamed Ceilings Breakfast Bar Built-in Features Balcony Crown Molding Separate/Formal Dining Room Granite Counters Quartz Counters Recessed Lighting Bedroom on Main Level Primary Suite Walk-In Closet(s)
Flooring Carpet Stone Wood
Fireplace Features Gas Starter Library Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features In Garage
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 4
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Exterior
Parking Features Direct Access Door-Single Garage Garage Door Opener Other Private Storage
Lot Features Garden Landscaped Sprinkler System
Water Source Public
Total Parking 3
Lot Size Area 3720
Spa false
Lot Size Acres 0.0854
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

tshapiro@homgroup.com

Email

Affordability Calculator

$74,085
Per Month
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Monthly Principal & Interest
$74,085
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$11,875,000 Listed Price

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1516 E Oceanfront, Newport Beach, CA, 92661 is a Single Family Home for sale at $11,875,000 with 3,083 sqft and a lot size of 0.0854. 1516 E Oceanfront has 5 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 92661 which is in Newport Beach, CA