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Exceptional development opportunity on the highly coveted Balboa Peninsula at 2156 East Ocean Boulevard. Ideally positioned just moments from the sand and harbor, this premier 3,060 sq.ft. parcel offers the rare chance to design and build a custom dream residence with potential harbor entry and ocean views from an elevated second and third level. The current 3 bedroom 2 bathroom residence offers classic beach-house character, flexible living space, and exceptional potential in a premier Newport Beach setting. Surrounded by luxury new construction and multimillion-dollar waterfront properties, the lot presents an incredible canvas for a sophisticated coastal retreat. Envision a stunning contemporary or warm coastal-modern home featuring expansive view decks, indoor-outdoor living, rooftop entertaining space, and panoramic sunset vistas overlooking Newport Harbor’s iconic harbor entrance. Whether you are a developer, investor, or end user seeking to create a legacy property, this is an outstanding opportunity to secure a prime location with exceptional upside potential. Buyer to verify all development possibilities, square footage, height limits, view potential, and zoning requirements with the City of Newport Beach. Rare opportunity. Premier location. Unlimited potential.
Listing agent: Taylor Thorne DRE #02098573 taylorthorne2.0@gmail.com, Listing office: Coast Realty Services
MLS data updated 10/19/2026, 5:11:20 PM PT
Source: CRMLS, MLS #: NP26163312
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 25, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,800,000Closed sale · Aug 25, 2026ZIP 92661 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.