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1516 E Oceanfront
Newport Beach, CA 92661
Balboa Peninsula Area
Price:$11,875,000
$3,851.77 / Sq.Ft.
Bedroom:5Bathroom:4
Sq. Ft.:3,083Year Built:1963
Type:Single Family Residence, Detached
MLS #:NP25199245Status:Active
Listed:9/3/2025Modified:11/23/2025
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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.
Rooms Amenities
  • 5 Bedrooms
  • 4 Full Baths
  • Bedrooms: Formal Entry, Library, Living Room, Main Floor Bedroom, Master Suite, Media, See Remarks
  • Dining: Breakfast Counter / Bar, Formal Dining Room
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, See Remarks, Water, White Water
 
  • Parking: Built-In Storage, Direct Garage Access, Garage, Garage - Single Door, Garage Door Opener, Other, Private
  • # of Garages: 2
  • Pool: None
  • Spa: None
  • Appliances: Built In Range, Dishwasher, Electric Oven, Freezer, Garbage Disposal, Gas Stove, Microwave, Range/Stove Hood, Refrigerator, Self Cleaning Oven, Water Heater Unit
Interior Exterior/Structural
  • Heating: Forced Air, Natural Gas
  • Cooling: None
 
  • Style: Cape Cod
  • Patio: Brick, Deck, Patio Open
Lot Description Community/Association
  • Lot Sq. Ft.: 3,720
  • Acres: 0.085
 
  • Orange County
  • Area: Balboa Peninsula
  • School District: Newport-Mesa Unified
  • HOA: $0 +
  • Builder Tract: Balboa Peninsula Point (BLPP)
Price Information Listing Information
  • Current Price: $11,875,000
  • Original Price: $11,875,000
  • Price/Sq. Ft.: $3,851.77
 
  • List Type: Standard
  • Listed Date: 9/3/2025
  • Modified Date: 11/23/2025
Listing Agent Listing Office
Tara Foster Shapiro
949-478-7781
 Coldwell Banker Realty
 
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Joyce Min
Joyce Min
DRE# 01322816
Call 714-713-9191
to refer to MLS # NP25199245
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The information above, though secured from sources believed to be reliable, cannot be guaranteed. The buyer should independently verify this information to his/her satisfaction. Coldwell Banker Best Realty may or may not be the listing broker of this property. In either case, where allowed by law, Coldwell Banker Best Realty can represent you in the purchase of this property.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/23/2025. 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.

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