Peninsula Point oceanfront retreat with breathtaking sunsets with unparalleled ocean vistas stretching from the Newport and Balboa Piers all the way to the jetty. A prime non-boardwalk location creates a serene, secluded paradise to enjoy all the amenities the Peninsula lifestyle has to offer. This home has three bedrooms, two of which with direct beach access, a private terrace on the sand, and an attached two car garage. Eight month lease. The unit comes unfurnished.
Eight month lease, all utilities included in the rent.
Sold for $15,432,500
$15,432,500
1572 E Oceanfront, Newport Beach, CA 92661
3beds
3baths
2,405sqft
SingleFamily
Built in 1951
3,201 Square Feet Lot
$16,801,100 Zestimate®
$6,417/sqft
$7,521 Estimated rent
Home value
$16,801,100
$14.28M - $19.66M
$7,521/mo
Zestimate® history
Owner options
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$7,521/mo
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$7,521/mo
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$96,614/mo
Est. payment
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$96,614/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced air
Cooling
- None
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,405 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, Off-street
Lot
- Size: 3,201 Square Feet
Details
- Parcel number: 04820221
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1951
Community & HOA
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $6,417/sqft
- Tax assessed value: $15,740,096
- Annual tax amount: $165,320
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2023 | Sold | $15,432,500+128.6%$6,417/sqft |
Source: Public Record Report a problem | ||
| 2/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/20/2021 | Listed for rent | $12,000$5/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source:  CRMLS Report a problem | ||
| 1/6/2021 | Listed for rent | $12,000$5/sqft |
Source: CRMLS #NP21001227 Report a problem | ||
| 12/28/2020 | Sold | $6,750,000-4.9%$2,807/sqft |
Source: CRMLS #NP20214468 Report a problem | ||
| 12/24/2020 | Contingent | $7,095,000$2,950/sqft |
Source:  Compass via MLS #NP20214468 Report a problem | ||
| 12/11/2020 | Pending sale | $7,095,000$2,950/sqft |
Source: Compass #NP20214468 Report a problem | ||
| 12/3/2020 | Listed for sale | $7,095,000$2,950/sqft |
Source: Compass #NP20214468 Report a problem | ||
| 11/9/2020 | Pending sale | $7,095,000$2,950/sqft |
Source: Compass #NP20214468 Report a problem | ||
| 10/9/2020 | Price change | $7,095,000-3.5%$2,950/sqft |
Source: Compass #NP20101224 Report a problem | ||
| 5/28/2020 | Listed for sale | $7,350,000+38.7%$3,056/sqft |
Source: Compass #NP20101224 Report a problem | ||
| 7/28/2014 | Sold | $5,300,000-5.3%$2,204/sqft |
Source: Public Record Report a problem | ||
| 7/10/2014 | Pending sale | $5,595,000$2,326/sqft |
Source: Villa Real Estate #NP13228851 Report a problem | ||
| 4/15/2014 | Listed for sale | $5,595,000$2,326/sqft |
Source: Villa Real Estate #NP13228851 Report a problem | ||
| 2/4/2014 | Listing removed | $5,595,000$2,326/sqft |
Source: Villa Real Estate #NP13228851 Report a problem | ||
| 11/12/2013 | Listed for sale | $5,595,000+74.8%$2,326/sqft |
Source: Villa Real Estate #NP13228851 Report a problem | ||
| 6/30/2003 | Sold | $3,200,000$1,331/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $165,320 +1.2% | $15,740,096 +2% |
| 2024 | $163,285 +108.1% | $15,431,467 +107.2% |
| 2023 | $78,458 +9.2% | $7,448,035 +9.6% |
| 2022 | $71,836 -5.8% | $6,795,000 +0.7% |
| 2021 | $76,256 +23.6% | $6,750,000 +15.9% |
| 2020 | $61,682 | $5,824,376 +2% |
| 2019 | $61,682 +2.1% | $5,710,173 +2% |
| 2018 | $60,392 +3.9% | $5,598,209 +2% |
| 2017 | $58,135 | $5,488,441 +2% |
| 2016 | $58,135 +2.3% | $5,380,825 +1.5% |
| 2015 | $56,822 +41.8% | $5,300,000 +40.2% |
| 2014 | $40,083 | $3,780,755 +0.5% |
| 2013 | -- | $3,763,668 +2% |
| 2012 | -- | $3,689,871 +2% |
| 2011 | -- | $3,617,521 +0.8% |
| 2010 | -- | $3,590,485 -0.2% |
| 2009 | -- | $3,599,016 +2% |
| 2008 | -- | $3,528,448 +2% |
| 2007 | -- | $3,459,263 +2% |
| 2006 | -- | $3,391,435 +2% |
| 2005 | -- | $3,324,937 +2% |
| 2004 | -- | $3,259,743 +240.4% |
| 2003 | -- | $957,622 +2% |
| 2002 | -- | $938,846 +2% |
| 2001 | $9,432 +6.7% | $920,438 +6.2% |
| 2000 | $8,838 | $867,000 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 1.8 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2.2 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Newport Mesa Unified
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$16,801,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$16,801,100
- California
- Orange County
- Newport Beach
- 92661
- 1572 E Oceanfront
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