1589 E Ocean Boulevard , Newport Beach, CA 92661
$3,998,000
Est. Payment: $20,188.73/mo
4 Bed
5 Bath
3052 Sqft
Status: pending | Days on site: 11
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Tara Foster Shapiro , 949-478-7781 Coldwell Banker Realty , 949-644-1600. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.06

Year Built

2026

County

Orange

Area

NP - Balboa Peninsula

Neighborhood

Balboa Peninsula (Residential) (BALP)

School District

Newport Mesa Unified

Listing ID

NP26149960

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Air Cond:See Remarks
Fireplaces:See Remarks
Other:Public

Exterior Features

Lot:Level,Rectangular Lot,No Land Lease
Garage Capacity:2
Sewer:Public Sewer
Principal Interest
$20,189
Taxes
$2,549

Home Price

$3,998,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$799,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,188.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,188.73 $2,548.73 $0.00 $22,737.45
Yearly $242,264.72 $30,584.70 $0.00 $272,849.42
Total $7,267,941.66 $917,541.00 $0.00 $8,185,482.66

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-11T00:38:43.000Z

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