1508 E Ocean Blvd, Newport Beach, CA 92661
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1508 E Ocean Blvd Newport Beach, CA 92661

$7,300,000 Sold Price as of 07/20/2023
  • 5 Beds
  • 2.5 Baths
  • 3,789 Sq.Ft.
Sold
$7,300,000 Sold Price as of 07/20/2023 Refinance Your Mortgage

Map preview of 1508 E Ocean Blvd, Newport Beach, CA 92661

Property Overview: 1508 E Ocean Blvd Newport Beach, CA has 5 bedrooms, 2.5 bathrooms, 3,789 living square feet and 2,964 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This stunning, newly-constructed, custom home embodies the epitome of the Newport Beach lifestyle, where lazy days are spent soaking up the sun with warm sand and pounding surf just steps away as passionate surfers navigate The Wedge or experiencing ocean sunsets and city lights from your private roof top deck. Whether you're a passionate surfer, or simply someone who appreciates the finer things in life, this property offers the indescribable experience of living beachside. Step into this stunning 3,789 s.f. +/- home, with 5 bedrooms & 5.5 bathrooms, and be transported to a world of next-level comfort and style. Salt air breezes flow into an open living room with 11’ ceilings, with La Cantina bi-fold doors linking to an outdoor living space with a fire pit, and a private patio with water feature. Custom home audio creates the soundtrack for a social space, and luxe touches include wide-plank European oak floors, custom cabinets, and a Control 4 System that manages everything from lights to AC. Dramatic stone surfaces create a striking kitchen, and a waterfall quartz-topped island is a place to unwind with a premium vintage from the 106-bottle temperature controlled wine room. Thermador appliances include a 6-burner range with grill & dual ovens, a wine chiller, and a paneled refrigerator. The main floor is completed by a guest powder room, elevator, and mudroom linked to the 2-car garage & carport. The second floor is a blissful retreat, where three gorgeous guest rooms feature ensuite baths appointed with on-trend custom tile, and laundry room. A stunning master bedroom is accentuated with a wood slat wall, 11’ backlit tray ceiling, and a walk-in closet with glass doors that are just waiting to showcase luxury labels. The impressive ensuite is indulgent, with a steam shower, soaking tub, and high-end stone surfaces. The 3rd floor has the feel of a luxury treehouse, with a full bathroom creating the option for a 5th bedroom. A wet bar with a wine cooler and refrigerator makes entertaining a breeze, while two private decks offer panoramic views that stretch across city lights and bays that drift out to the ocean. Step out to the BBQ kitchen and grill while the sun sets or cozy up next to the outdoor fireplace. Additional features include solar panels, a car-charger-ready garage, outdoor shower, and a location that offers a wide alley for an easy trip to spectacular dining & shopping on the Balboa Peninsula, Balboa Island, and greater Newport Beach.

Listed by John Cain | BRE #01467294 | Pacific Sotheby's Int'l Realty
Last checked: 34 seconds ago | Last updated: July 21st, 2023 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
2,964
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC23024431
City
Newport Beach
County
Orange
Time on Site
428 days

Property Details for 1508 E Ocean Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Solar
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Gas, Fire Pit
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Flooring: Wood
  • Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Gas Oven, Gas Range
  • Butler's Pantry, Kitchen Island, Quartz Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (3/4): 3
Interior Features
  • Elevator, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Wet Bar, Wired for Sound
  • Levels: Three Or More
  • Window Features: Drapes
  • Door Features: Panel Doors, Sliding Doors
Exterior Features
Exterior Information
  • Barbecue Private
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Deck, Front Porch, Roof Top
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Direct Garage Access, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, City Lights, Neighborhood, Ocean, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04820141
  • Year Built Source: Builder
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Head south on the Balboa Peninsula, turn right on E. Oceanfront, then left on E. Ocean
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 1508 E Ocean Blvd

Last sold for $7,300,000 on July 20th, 2023
  • July, 2023

  • Jul 20, 2023

    Date

    Sold

    CRMLS: OC23024431

    $7,300,000

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: OC23024431

    $7,995,000

    Price

  • March, 2021

  • Mar 19, 2021

    Date

    Sold

    CRMLS: PW20233370

    $2,500,000

    Price

  • Feb 5, 2021

    Date

    Pending

    CRMLS: PW20233370

    $2,500,000

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: PW20233370

    $2,500,000

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: PW20233370

    $2,700,000

    Price

  • Jan 4, 2021

    Date

    Pending

    CRMLS: PW20233370

    $2,700,000

    Price

  • Nov 6, 2020

    Date

    Active

    CRMLS: PW20233370

    $2,700,000

    Price

  • Listing provided courtesy of CRMLS

    This contemporary style home, is located in the community of Balboa peninsula, one parcel away from the sand, 2 spacious bedrooms,a large 2 car garage,cozy living room, front porch,Warm, charming, and full of light, makes a great primary residence that you will enjoy every moment! Within steps of your door to enjoy a private beach,and walk to the Wedge' at sunset. this property is the perfect beach retreat. Enjoy beach living at its finest!

  • September, 2005

  • Sep 8, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1508 E Ocean Blvd

Assessed Value (2020): $107,165
Year Land Value Improved Value Assessed Value
2020 $67,262 $39,903 $107,165

Home Value Compared to the Market

This property vs the competition

1508 E Ocean Blvd sold on July 20, 2023 for 204.46% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $2110.06 per/sqft which puts the price per square foot 96.65% higher than the current median sale per square foot for the city of Newport Beach.

About 1508 E Ocean Blvd

Detailed summary of property

1508 E Ocean Blvd is a single family home that recently sold in Newport Beach, CA 92661. This house offered 5 bedrooms, 2.5 bathrooms, roughly 3,789 living square feet, and sits on an approximately 2,964 square foot lot. 1508 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on February 23, 2023. The homeowner sold the property for $7,300,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 204.46% higher than the current median priced home. Local homes that are currently for sale include 421 E Edgewater, 417 E Balboa Blvd and 211 E Edgewater Ave. While the average home in Newport Beach, CA is selling in 75 days, 1508 E Ocean Blvd has a days on market of 119 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 1508 E Ocean Blvd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1508 E Ocean Blvd

Public county record property details
Beds
2
Baths
1
Year built
1954
Sq. Ft.
1,264
Lot Size
2,975
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
048-201-41

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1508 E Ocean Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.