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A rare, shovel-ready opportunity on the coveted Newport Beach Peninsula. This property is being offered with approved, full architectural plans for a custom coastal residence"”allowing the next owner to bypass years of design, entitlement, and permitting and move straight into construction. Situated on a 36×70 lot just steps from the sand, this property is positioned in one of the Peninsula's most desirable enclaves, surrounded by newly built luxury homes and timeless beach architecture. The included plans envision a refined, modern coastal home with thoughtful indoor-outdoor living, generous natural light, and an elevated design language tailored to the neighborhood's premium aesthetic. With utilities, surveys, and planning work complete, this is a true turn-key development opportunity: build immediately, customize finishes to your taste, and deliver a brand-new residence in a market where new construction consistently commands top-tier values. The plans call for a prestigious, three story, custom coastal masterpiece with a roof-top deck, an elevator, 4 bedrooms, an office/den and 4 bathrooms with a direct access garage and high-end finishes. You can work with the designers to choose your colors, finishes, flooring, paint and more. Whether you're an end-user seeking a streamlined path to your dream beach home or an investor looking for a high-demand coastal build, 1589 E Ocean Blvd offers unmatched efficiency, location, and long-term value.
Property Type(s):
Single Family
| Last Updated | 4/2/2026 | Tract | Balboa Peninsula (Residential) (BALP) |
|---|---|---|---|
| Year Built | 1968 | Community | NP - Balboa Peninsula |
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| Elementary School | Newport |
|---|---|
| High School | Newport |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Electric Oven, Electric Range, Refrigerator, Water Heater |
| AREA | NP - Balboa Peninsula |
| CONSTRUCTION | Stucco |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Fireplace(s), Forced Air |
| INTERIOR | Cathedral Ceiling(s), Ceiling Fan(s) |
| LOT | 2448 sq ft |
| LOT DESCRIPTION | Cul-De-Sac, Front Yard, Sprinklers In Front |
| LOT DIMENSIONS | 36 x 70 |
| PARKING | Attached, Direct Access, Garage, Garage Faces Rear, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | MidCenturyModern |
| SUBDIVISION | Balboa Peninsula (Residential) (BALP) |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access, Ocean Access |
Location
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Listed with zRE Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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