1510 E Oceanfront, Newport Beach, California 92661, Newport Beach, 92661 - 7 bed, 11 bath

1510 E Oceanfront, Newport Beach, California 92661 home-pic-0

1510 E Oceanfront

Newport Beach, California 92661

ACTIVE
CONDITION: EXCELLENT
7Beds
11Baths
7,083Sq Ft
7,560Lot Size

Property Price

LIST PRICE$24,995,000
EST. MARKET VALUE
$24,995,000

SUMMARY

Analysis of 1510 E Oceanfront, Newport Beach, California 92661 reveals a Fairly Priced Property with a current list price of $24,995,000  aligned with the estimated $24,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$24,995,000
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1510 E Oceanfront
Subject
$24,995,000*
List Price
7117,083$3,529-
A
2258 Channel Road
Active
$22,500,000
List Price
798,433$2,6680.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2001, this property has clearly undergone extensive and high-quality recent renovations. The description highlights a 'remodeled kitchen' with top-tier appliances (Wolf, Dacor, Sub-Zero), sleek white cabinetry, and stone countertops, which is visually confirmed in the images as being modern and pristine. All visible bathrooms also showcase contemporary designs, luxurious finishes, and excellent condition. The overall aesthetic, including flooring, lighting, and general upkeep, suggests that all components are virtually new and meet current quality standards, aligning perfectly with the 'excellent' criteria for a recently renovated property.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Unrivaled Beachfront Location

    Directly on the sand in Newport Beach's prized Peninsula Point, offering 80 feet of private beach frontage without a boardwalk, ensuring exclusivity and direct ocean access.

  • Architectural Masterpiece & Recognition

    Designed by architect Michael Kollin, this phenomenal architectural showplace has been featured in print and on TV, underscoring its unique design and prestige.

CONSRISKS & DEFICIENCIES

  • Ultra-Luxury Price Point

    With a list price of nearly $25 million, even after a recent reduction, the property targets an extremely limited and exclusive buyer demographic.

  • High Ongoing Maintenance & Operating Costs

    A property of this size and with such extensive luxury features, including a pool, spa, and large aquarium, will incur significant ongoing maintenance, utility, and operational expenses.

  • Niche Market Appeal

    The distinctive architectural style and extensive custom features, while luxurious, may appeal to a very specific taste, potentially leading to a longer market time compared to more broadly appealing luxury homes.

About 1510 E Oceanfront

Directly on the sand in Newport Beach’s prized Peninsula Point enclave, this phenomenal architectural showplace offers panoramic views, enviable privacy, and a virtually endless list of luxurious amenities. From the artistic mind of architect Michael Kollin, a main home and detached guest house with a total of 7 bedrooms and 10.5 baths in approximately 7,083 square feet occupy a rare double lot with 80 feet of beach frontage and no boardwalk infringing on privacy. A magnificent double-height foyer with a floating circular staircase and a domed skylight welcomes you into the residence, which has been featured in print and on TV. Emphasizing the home’s upscale modern aesthetic, a remodeled kitchen showcases a large island and separate peninsula bar, stone countertops with a full tile backsplash, a walk-in pantry, sleek white cabinetry, and stainless steel appliances, including a five-burner Wolf gas cooktop, Dacor double wall oven, Bosch dishwasher, and built-in Sub-Zero refrigerator. The kitchen flows seamlessly to a spacious dining room and family room, where sliding glass pocket doors open to the beachfront patio. Impressive entertaining is easy in the lower level’s bar and media lounge, which is highlighted by a massive 12-foot by 4-foot saltwater aquarium that offers underwater views of the pool. Comprising the entire oceanfront side of the second level, the primary suite is a sanctuary unto itself, complete with a view-enhanced sitting room with fireplace, a private view balcony, lofty barrel ceiling, and walk-in closet. The primary bath is illuminated by a large skylight and hosts a jetted tub with a glass waterfall-style filler and a glass-enclosed shower. Guests will feel right at home in a separate residence with ocean views, full kitchen, living room, 2 bedrooms, 3 baths, and a deck with stairs leading to the pool below. The private pool and spa terrace is primed for memorable entertaining and features an outdoor shower and fully appointed walk-in bar.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
7,560 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
11 (11 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Elementary School

Grades PK-6 • 1.7 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 2.0 mi

7/10

Newport Harbor High School

Grades 9-12 • 2.2 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.03.0
94%
Baths11.04.0
97%
Square foot7,0832,315
97%
Lot Size7,5602,614
94%
Price$25.00M$4.50M
97%
Price per sq ft$3.5K$2.5K
81%
Built year20011990
61%
HOA$0$0
50%
Days on market249178
74%

Pricing History

Listed for Sale

Feb 1, 2026

$24,995,000

$26,995,000

-7% Price Drop

Initial Listing

Price Change

Jul 1, 2025

$26,995,000

Initial Listing

Browse Properties by State Browse housing market trends by state