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1585 E Ocean Blvd, Newport Beach, CA 92661

List Price: $8,999,900On Market FlagOn market
May 29, 20254,084 sqft5 beds3 baths
Listed by: LAURA MCKINNEY
License #: 02046962
Phone #: 951-776-5700
KELLER WILLIAMS RIVERSIDE CENT
Source:
CRMLS Logo
MLS #: IV25096637

Property Description

Not your average beach bungalow! Set on a rare double lot just one street from the sand, on the coveted Balboa Peninsula, this one-of-a-kind Spanish Colonial Revival estate, channels the charm of a Caribbean-style fortress with arched windows, soaring wood beam ceilings, and wrought iron detailing. Enjoy peek-a-boo ocean views and unmatched curb appeal in a home that’s as iconic as it is inviting. Offering 3+ bedrooms, and 3 full bathrooms, including a private guest/maid’s quarters with separate entrance and staircase, this layout is as flexible as it is functional. The gated front patio is an entertainer’s dream, with authentic Saltillo tile, a built-in fireplace, BBQ/bar, and an ornate fountain anchoring the courtyard. Inside, modern updates seamlessly blend with old-world character: a gourmet kitchen with custom wood cabinetry, granite counters, and Sub-Zero/Viking appliances; a dreamy primary suite with walk-in closet, hardwood floors, and balcony access; and a spa-inspired bath featuring heated marble floors, dual vanities, marble slab shower, and soaking tub. Private alley access to an attached 2-car garage, just steps from the beach and minutes from world-renowned dining, shopping, and entertainment. Gated, private, and dripping with storybook character—this is coastal living with soul.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$120,587

TurboHome Estimated Value

$8,519,500

$2,086 sqft

High Valuation
$8,945,475
$2190/sqft
Normal Valuation
$8,519,500
$2086/sqft
Low Valuation
$8,093,525
$1982/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2086/sqft$8,519,500

Neighborhood

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Comparative Value

$5.20M

$6.50M

$6.75M

$9.00M

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $5,200,000

Selected Comparable

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale Price: $6,500,000

Selected Comparable

1320 E Oceanfront, Newport Beach, CA 92661

Sale Price: $6,750,000

Selected Comparable

1585 E Ocean Blvd, Newport Beach, CA 92661

List Price: $8,999,900

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1585 E Ocean Blvd, Newport Beach, CA 92661

1585 E Ocean Blvd, Newport Beach, CA 92661

List: $8,999,900

Listed: 5/29/2025

Area:4,084 sqft
Price/sqft:$2,204
Beds:5
Baths:3
Year Built:
Lot Size:4,900

Comparable Properties

COMPARABLE
Choose comps
1320 E Oceanfront, Newport Beach, CA 92661

1320 E Oceanfront, Newport Beach, CA 92661

Sale: $6,750,000

8/21/20240.21 mi

Area:4,076 sqft
Price/sqft:$1,656
Beds:5
Baths:4
Year Built:
Weight:40.8%
1306 Dolphin Ter, Corona Del Mar, CA 92625

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale: $6,500,000

5/12/20250.91 mi

Area:3,850 sqft
Price/sqft:$1,688
Beds:4
Baths:4
Year Built:
Weight:31.5%
407 Dahlia Ave, Corona Del Mar, CA 92625

407 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $5,200,000

4/14/20250.73 mi

Area:3,383 sqft
Price/sqft:$1,537
Beds:4
Baths:4
Year Built:
Weight:27.8%

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