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1735 E Ocean Blvd, Newport Beach, CA, 92661

3beds
2baths
1,569sqft
$5,400,000
$3,442price/sqft
$32,815/moest. monthly cost
$1,312,600/yrincome needed

About This Home

Experience timeless coastal living in one of Newport Beach's most coveted locations. Situated on the highly desirable Peninsula Point, this beautifully maintained 3-bedroom, 2-bathroom Mid-Century Modern residence offers the perfect blend of classic architecture, spacious indoor-outdoor living, and an unbeatable lifestyle just moments from both the sand and the harbor. Inside, the living spaces are filled with natural light and showcase clean architectural lines, open-beam ceilings, and sliding glass doors that create a seamless connection between the indoors and the private outdoor patio. The generous floor plan offers three well-appointed bedrooms and two bathrooms, creating comfortable accommodations for both everyday living and entertaining. The spacious great room flows effortlessly into the dining area and kitchen, featuring granite countertops, stainless steel appliances, abundant cabinetry, and a breakfast bar ideal for casual meals or gathering with family and friends.Designed for entertaining, the home features multiple inviting living spaces, a game room complete with a billiards table, and thoughtfully curated Mid-Century-inspired details throughout. Located just moments from the Pacific Ocean, Newport Harbor, the Balboa Pier, The Wedge, waterfront dining, boutique shopping, and world-class recreation, this exceptional property offers the opportunity to enjoy one of Newport Beach's most sought-after coastal communities. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, this home embodies the quintessential Newport Beach lifestyle.

Getting Around

20
WalkingCar-Dependent
12
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1947

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 1,569 sqft

Property

Details

  • Parcel number: 04821209
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 3,675 sqft
  • Features: Back Yard,Front Yard

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $27,305$327,660
Home Insurance *$358$4,296
Property Taxes $4,754$57,048
Electricity $398$4,786
Total$32,815$393,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,125,085/yr
40% on housing$984,450/yr
45% on housing$875,066/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,442This listing

vs Other Active Listings

Avg $/sqft

ZIP 92661$2,321
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92661$2,780
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$5,400,000
2007-05-15Sold$1,940,000

For Sale by Agent

AgentTaylor Thorne
BrokerageCoast Realty Services

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