1516 E Oceanfront, Newport Beach, CA 92661
SOLD
APR 13, 2026
Listed by Tara Foster Shapiro, Coldwell Banker Realty, (949) 644-1600 . Bought with Coldwell Banker Realty

1516 E Oceanfront
Newport Beach, CA 92661

  • 5 Beds
  • 4 Baths
  • 3,083 sqft

$10,600,000

Last Sold: Apr 13, 2026
5% below list $11.2M
$3,438/sqft
Est. Refi. Payment $62,592/mo*
Refinance Your Home

$10,600,000

Last Sold: Apr 13, 2026
5% below list $11.2M
$3,438/sqft
Est. Refi. Payment $62,592/mo*
Refinance Your Home
5 Beds
4 Baths
3,083 sqft

Local Information

  • Map ViewExplore the area around 1516 E Oceanfront.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Oceanfront living on the Peninsula Point—set on a rare oversized lot—this reimagined Nantucket-style beach home captures the spirit of Newport Beach coastal luxury with front-row whitewater views and effortless indoor-outdoor flow. With the beach at your doorstep, the residence offers a premier oceanfront address paired with a lifestyle defined by surf, sunsets, and seaside ease. A charming garden courtyard entry creates a sense of arrival, opening to expansive ocean-view living, dining, and kitchen spaces where walls of glass frame the Pacific and French doors lead to a wide beachfront patio—ideal for al fresco dining, weekend brunches, and sunset entertaining. The flexible five-bedroom layout includes a main-level guest suite, while the upstairs oceanfront primary retreat features a private sitting room or office and an expansive terrace with panoramic sunrise-to-sunset coastline views. A spacious bonus/media room adds versatility for gatherings, work-from-home, or game nights after a day at the beach. Four-car parking—anchored by an oversized two-car garage—provides an exceptional Peninsula amenity. From early mornings at The Wedge and bike rides along the Newport Beach boardwalk to paddle boarding on the bay and evenings on your own oceanfront patio, this home delivers the full Peninsula Point lifestyle. Turnkey, oceanfront, and set on an oversized parcel, this Nantucket-inspired residence is a rare Newport Beach opportunity for those seeking a move-in-ready beachfront home in one of the coast’s most sought-after communities.
1516 E Oceanfront, Newport Beach, CA 92661 is a 5 bedroom, 4 bathroom, 3,083 sqft single-family home built in 1963. It last sold for $10,600,000 on Apr 13, 2026 (5% below the $11,199,000 asking price). More recently, it was listed as a rental in March 2022 with an asking price of $22,500 per month. That rental listing was removed on July 16, 2022. It is currently off market. The Trulia Estimate is $10,590,500, with a rent estimate of $7,832/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
$3,438/sqft
Listed
116 days ago

Home Details for 1516 E Oceanfront

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Entry Foyer, Kitchen, Library, Living Room, Media Room, Other
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3083 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Built-In Range, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, WasherDishwasherDisposalDryerLaundry: In GarageMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Gas Starter, Library, Living RoomSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Stone, WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: Front DoorFloors: Carpet, Stone, Wood
View
Has a ViewView: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Brick, Deck, Open, PatioNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 3Parking: Direct Access,Door-Single,Garage,Garage Door Opener,Other,Private,Storage
Pool
Pool: None
Frontage
WaterfrontWaterfront: Beach Access, Beach Front, Navigable Water, Ocean Front, Ocean Side Of HighwayRoad Frontage: City StreetOn Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 18

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Cape Cod
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 04820233

Price & Status

Price
List Price: $11,199,000Price Per Sqft: $3,438/sqft
Status Change & Dates
Off Market Date: Mon Mar 16 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Newport BeachCommunity: Balboa Peninsula Point (Blpp)
School Information
High School District: Newport Mesa Unified

Community

Community Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Water SportsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 3720 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional

Miscellaneous

Mls Number: NP26043115Living Area Range Units: Square FeetWater ViewWater View: Coastline, Ocean, WaterAttribution Contact: 949-478-7781Common Interest: NoneUniversal Property Id: US-06059-N-04820233-R-N

Additional Information

BikingCurbsStorm Drain(s)Street LightsSidewalksUrbanWater SportsSource Internet Entire Listing Display
Last check for updates: about 3 hours ago
Listed by Tara Foster Shapiro DRE #01892201, (949) 478-7781
Coldwell Banker Realty
Bought with: Tara Foster Shapiro DRE #01892201, Coldwell Banker Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#NP26043115

Price History for 1516 E Oceanfront

DatePriceEventSource
04/13/2026$10,600,000Sold
CRMLS #NP26043115
03/27/2026$11,199,000PendingCRMLS #NP26043115
03/16/2026$11,199,000ContingentCRMLS #NP26043115
02/27/2026$11,199,000Listed For SaleCRMLS #NP26043115
07/16/2022ListingRemovedZillow Rental Manager
04/15/2022$19,750PriceChange
Zillow Rental Manager
03/14/2022$22,500Listed For RentZillow Rental Manager
03/18/2021$8,275,000Sold
N/A

Market trends in Newport Beach

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$3.02M
$106KMoM
Sale-to-List Price
97.9%
Price per sq ft
$1.41K
$34MoM
Available listings
379
3MoM
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Property Tax and Assessment

Year2025
Tax$94,252
Assessment$8,957,125
Home facts updated by county records

Comparable Sales for 1516 E Oceanfront

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1515 E Ocean Blvd, Newport Beach, CA
0.03
Single-Family Home
$6,750,000
10/07/25
4
3.5
3,016
1703 E Ocean Blvd, Newport Beach, CA
0.14
Single-Family Home
$10,200,000
09/19/25
4
4.5
3,452
1411 E Bay Ave, Newport Beach, CA
0.13
Single-Family Home
$11,700,000
07/08/26
4
4
2,548
1585 E Ocean Blvd, Newport Beach, CA
0.10
Single-Family Home
$7,300,000
01/30/26
5
4
4,084
1701 E Balboa Blvd, Newport Beach, CA
0.17
Single-Family Home
$6,700,000
05/14/26
5
5.5
3,963
1909 E Bay Ave, Newport Beach, CA
0.29
Single-Family Home
$14,400,000
01/30/26
4
3.5
3,558
1577 Miramar Dr, Newport Beach, CA
0.11
Single-Family Home
$4,650,000
02/13/26
4
4
2,558
1305 E Balboa Blvd, Newport Beach, CA
0.16
Single-Family Home
$6,925,000
11/10/25
3
3.5
2,634
2132 E Oceanfront, Newport Beach, CA
0.45
Single-Family Home
$11,360,000
09/29/25
3
3.5
3,307

Nearby homes

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Assigned Schools

These are the assigned schools for 1516 E Oceanfront.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Newport Beach

At least 641 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 83 % Say car is needed

  • 81 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 75 % Say it's walkable to restaurants

  • 67 % Say it's walkable to grocery stores

  • 67 % Say streets are well-lit

  • 63 % Say yards are well-kept

  • 62 % Say parking is easy

  • 60 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 44 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s a beautiful place to walk, but lots of kids are on electric bikes and scooters on the sidewalks and it makes for some scary moments"
    0
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  • Msgeekgal
    "The Christmas boat parade,concerts in the park, pickleball, picnics at beach for neighbors, trick or treating at Harbor View"
    0
    Flag
  • Csgskstmsq
    "I work from home so commuting is not an issue for me. This location requires a car but is very near to freeway access "
    0
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  • Coryday
    "Not many kids in my neighborhood, the peninsula. A lot of kids visit the beach but only one neighbor on my street has kids"
    0
    Flag
  • Sam Morar
    "My commute is very peaceful and it just makes me so proud to live in New Port Beach. Seriously me and my wife love living here "
    0
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  • Gprince
    "I work from home - but commuting is relatively easy compared to other areas in Southern California. "
    0
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  • Morag Webb
    "Safe, family friendly, eclectic, small town feel where you know your neighbors and kids play together after school. Good libraries. Good schools. A great place to grow up!"
    0
    Flag
  • Trulia User
    "Easy to commute to Irvine and San Diego. LA is always going to be challenging. Lots of people work from home I believe"
    0
    Flag
  • Sabrina Skelly
    "I don’t have a commute since I work from home. However, the mornings and after work evenings can be very busy and congested because of the commute on and off the island in peak hours. "
    0
    Flag
  • Cnatashya
    "I don’t know. Just moved here. But the park near me always busy with sports, family’s, and pets with their humans."
    0
    Flag
  • Csgskstmsq
    "A great area for families and singles. There are a lot of activities with year round nice weather to enjoy. "
    0
    Flag
  • Channing ONeill
    "safe and private, clean everyone takes care of their yard and common land. All the dogs are loved and walking with their owner. "
    0
    Flag
  • Simran Brara
    "Short drive to the airport and I’m able to get to San Diego or south oc easily Very good dog town. Great for restaurants "
    0
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  • michael simon
    "christmas halloween labor day summer all our restaurants all our social activities etc we love it here on Balboa Iskand"
    0
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  • Sabrina Skelly
    "Everyone is usually very dog friendly to your dog. However, there are not many places to take them potty if you don’t have your own grass/yard. Sometimes people complain about dogs going potty on the beach. Some owners let their dogs just go on the sidewalk. Overall, everyone is pretty good, I’ve just naturally had some interactions over the 7 years here. "
    0
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  • Jeremy Pascale
    "They wouldn’t like the main highway pacific coast highway being the front yard. It’s very hectic and noisy for dogs . "
    0
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  • Htaylor708
    "beach proximity. Wonderful restaurants tons of things to do. Fantastic weather almost all year long."
    0
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  • Flybyman
    "Great views and access to lots of good restaurants and shopping as well as parks and the beach community."
    0
    Flag
  • Cindy irvin
    "Dog owners love walking here, beautiful waterfront. Poop bags everywhere & tons of other dogs to play with. "
    1
    Flag
  • Lisa129
    "Too many entitled dog owners with off-leash dogs. My dog has been attacked twice each by two neighbors' dogs, and honestly don't care at all. Got angry at me for reporting to animal control and blamed my dog despite the fact that we were just walking on the sidewalk."
    1
    Flag
  • Jennifer Campbell
    "Lots of dog walking companies with many many dogs on walking paths. Many mobile groomers in the neighborhood."
    0
    Flag
  • Trulia User
    "Surrounded by water and boats everywhere....and only one way on or off the island means it is safe..."
    0
    Flag
  • Trulia User
    "Like walking their dogs on sidewalks and beautiful scenery. Don’t like that there is no grassy areas for dogs. There’s no dog park. "
    2
    Flag
  • Trulia User
    "Clean and quiet. Neighborly. Kids are well behaved. Trails and parks nearby as well as beach. Extremely nice area. "
    1
    Flag
  • Adrian.salas1737
    "Best food and weather hot spot to enjoy any activity and enjoy the night life put with friends. Highly recommend Newport Beach to anyone, hands down."
    1
    Flag
  • Mpadgett74
    "I’ve lived all over the US. I would highly recommend Newport Beach because of the safety ALONE! I would also recommend it to families with young kids. Safety & great schools are essential:)"
    1
    Flag
  • Norahs750li
    "very nice, private friendly no yearly taxes nice houses dog friendly near the water near restaurants "
    2
    Flag
  • Jen.mcgilloway
    "Stunning sunset views , clean quiet neighborhood , adorable cottages , friendly people for the most part "
    4
    Flag
  • Chase.jaramillo
    "My neighbors are supper friendly and welcoming we do have little block party’s and more all together. We are pretty much a giant family ."
    1
    Flag
  • Karbear82
    "This is a great school district. There are lots of local parks and good views. Neighbors all engage in dog walking and bike riding."
    0
    Flag
  • Erngbrh50
    "The beaches and walking to restaurants is the best. People are super friendly and happy. It’s expensive to live here. "
    0
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  • Shauna W.
    "It has been a life long dream to move to SoCal, and when the opportunity arose I researched the perfect place....Newporr Coast no doubt! I’ve lived here for a year now and absolutely love everything the hidden secret has to offer! A healthy, safe, paradise to say the least! A dream come true! "
    3
    Flag
  • Kyle
    "Not a lot of young families in this neighborhood but there are some. There are a few small but well equipped parks. Yards are small at most houses so, in most cases, there is not a lot of space for kids to play unless they go to a park. "
    9
    Flag
  • Dan D.
    "That if they move their kids this neighborhood be prepared to buy them the newest and nicest things for them to keep up with all the rich kids that may not be something you’re into but it’s definitely something that goes on here."
    0
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  • Nate B.
    "It’s a beautiful place with amazing views and friendly people. I love amenities and the sunsets especially."
    0
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  • Ean K.
    "Excellent schools, excellent area, anyone who knows Newport Coast already knows what it is and why it’s so prestigious."
    0
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  • Cnash77
    "It’s super quiet and quaint. For a beach town it’s a bit sleepy. Everything closes fairly early, even on the weekend. "
    0
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  • new neighbor
    "parts of this neighborhood are fine, but a little further up towards Costa Mesa on placentia street there's a few gang related instances have occurred "
    0
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  • Philip O.
    "We really enjoy attending the Newport Shores Holiday Boutique at the community center. Lots of great gift shopping. "
    0
    Flag
  • Katherine V.
    "CDM is a great community with lots off things to do and everything is in walking distance. Neighbors are friendly and if you can live through the constant construction it is a wonderful place to live"
    0
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Homes for sale near 1516 E Oceanfront

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Off Market Homes Near 1516 E Oceanfront

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-20 12:17:58 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information