1537 E Ocean Boulevard, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 3 bath
ACTIVE$3,875,000
1537 E Ocean Boulevard, Newport Beach, California 92661
4Beds
3Baths
1,757Sqft
2,450Lot
Price Vs. Estimate
The estimated value ($3,439,405.72) is $435,594.28 (11%) lower than the list price ($3,875,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2450, living area = 1757.
Compared to the nearby listings
Price:$3.88M vs avg $4.00M ($-125,000)46%
Size:1,757 sqft vs avg 1,927 sqft42%
Price/sqft:$2.2K vs avg $2.7K31%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this home is meticulously maintained with beautiful hardwood floors throughout and a charming exterior. However, the kitchen features dated granite countertops and a green/white tiled backsplash, while the bathrooms, though clean and functional, also show older tile choices (e.g., patterned accent tile). While move-in ready, the aesthetic styles in these key areas are outdated and would likely require updates for a buyer seeking modern finishes, aligning with a 'Fair' condition.
Year Built
1949
Close
-
List price
$3.88M
Original List price
$4.6M
Price/Sqft
$2,205
HOA
-
Days on market
-
Sold On
-
MLS number
NP25206989
Home ConditionFair
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo
About this home
Experience the best of beachside living in this meticulously maintained 4-bedroom, 3-bath coastal home. 1537 E Ocean Boulevard is just steps from the sand, this residence welcomes you with a charming front patio and flows into a spacious living room highlighted by a cozy brick fireplace and beautiful hardwood floors. The thoughtfully designed layout includes inviting indoor and outdoor spaces, with a private brick patio ideal for relaxing in the ocean breeze. Upstairs, the full primary suite offers a true retreat with a generous layout, abundant natural light, and a peek-a-boo view of the Pacific. With timeless character, modern comfort, and an attached garage, this home captures the essence of coastal charm and everyday convenience.
Nearby schools
9/10
Newport Elementary School
Public,•PK-6•1.8mi
7/10
Horace Ensign Intermediate School
Public,•7-8•2.1mi
7/10
Newport Harbor High School
Public,•9-12•2.2mi
Condition Rating
Fair
Built in 1949, this home is meticulously maintained with beautiful hardwood floors throughout and a charming exterior. However, the kitchen features dated granite countertops and a green/white tiled backsplash, while the bathrooms, though clean and functional, also show older tile choices (e.g., patterned accent tile). While move-in ready, the aesthetic styles in these key areas are outdated and would likely require updates for a buyer seeking modern finishes, aligning with a 'Fair' condition.
Pros & Cons
Pros
Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Beachfront Proximity: Located 'just steps from the sand' on E Ocean Boulevard in the highly desirable Balboa Peninsula Point, offering unparalleled access to beachside living.
Desirable Coastal Character & Maintenance: The home is 'meticulously maintained' and features 'timeless character' with 'beautiful hardwood floors' and a 'cozy brick fireplace', blending classic charm with modern comfort.
Excellent Indoor/Outdoor Living: Thoughtfully designed with inviting indoor and outdoor spaces, including a 'charming front patio' and a 'private brick patio ideal for relaxing in the ocean breeze'.
Spacious Primary Suite with Ocean Glimpse: The 'full primary suite' offers a 'generous layout' with 'abundant natural light' and a 'peek-a-boo view of the Pacific', providing a true retreat.
Convenience & Strong School District: Includes the practical benefit of an 'attached garage' and is situated within the highly-rated Newport Mesa Unified School District, with top-rated elementary schools nearby.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2450, living area = 1757.
Significant Price Adjustments: The property has undergone multiple substantial price reductions from its original list price, indicating potential overpricing or market resistance at previous valuations.
Older Construction & Potential System Updates: Built in 1949, despite being 'meticulously maintained', the age of the home may imply older underlying systems (e.g., plumbing, electrical) that could require future updates or may not meet all contemporary standards.
Limited Ocean View: The description specifies a 'peek-a-boo view of the Pacific', which, while a positive, is not a full or panoramic ocean view, potentially falling short of expectations for some buyers in this premium coastal location.