1516 E Ocean Front, Newport Beach, CA 92661
Single-family home
Sold April 2026
Listing Agent: Tara Foster Shapiro (DRE #01892201) · Listing Office: Coldwell Banker Realty · Contact: 949-478-7781 · Bought with: Tara Foster Shapiro · Coldwell Banker Realty · MLS #NP26043115 · Source: CRMLS
How this sale compares
1516 E Ocean Front sold for $10,600,000 in April 2026, 5.3% under its $11,199,000 list price, after 18 days on the market. That works out to $3,438 per square foot on 3,083 square feet. Across 36 closed sales in 92661 over the last 12 months, the median sold price is $5,345,500 and the median is $2,222 per square foot, 35% below this sale's $3,438.
| Quarter | Closed sales in 92661 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $5,350,000 |
| Q2 2026 | 15 | $6,700,000 |
| Q3 2026 | 16 | $4,400,000 |
| Q4 2026 | 1 | $4,921,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661
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.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1516 E Ocean Front
1510 E Oceanfront: Sold $24,500,000 · 7 bd · 11 ba · 7,083 sqft · Jun 2026 · 0.0 mi
Coldwell Banker Realty | DRE #01346878
Buyer's agent: Tara Foster Shapiro, Coldwell Banker Realty | DRE #018922011537 E Ocean Boulevard: Sold $3,400,000 · 4 bd · 3 ba · 1,757 sqft · Jan 2026 · 0.0 mi
Pacific Sotheby's Int'l Realty | DRE #01210754
Buyer's agent: Roy Nguyen, Beeyond Realty | DRE #020962801574 E Ocean: Sold $3,400,000 · 2 bd · 2 ba · 1,031 sqft · Apr 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01892201
Buyer's agent: Tara Foster Shapiro, Coldwell Banker Realty | DRE #018922011585 E Ocean: Sold $7,300,000 · 5 bd · 5 ba · 4,084 sqft · Jan 2026 · 0.1 mi
zRE Group | DRE #02030224
Buyer's agent: Kimberly Bibb, Pacific Sotheby's Int'l Realty | DRE #012107541589 E Ocean Boulevard: Sold $4,000,000 · 4 bd · 5 ba · 3,052 sqft · Aug 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01892201
Buyer's agent: Ron Millar, Arbor Real Estate | DRE #011917481585 Miramar: Sold $4,050,000 · 4 bd · 3 ba · 2,630 sqft · May 2026 · 0.1 mi
Douglas Elliman of California | DRE #01827197
Buyer's agent: Nura Motal, Douglas Elliman of California | DRE #018271971411 E Bay: Sold $11,700,000 · 4 bd · 4 ba · 2,548 sqft · Jul 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01892201
Buyer's agent: Kimberly Bibb, Pacific Sotheby's Int'l Realty | DRE #012107541519 E Bay: Sold $19,000,000 · 4 bd · 6 ba · 3,191 sqft · Jun 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01892201
Buyer's agent: Steve High, Pacific Sotheby’s International Realty | DRE #00936421
Closed sales reported in 92661, nearest first, last 12 months. All recent sales in Newport Beach →