Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern Californias most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newports legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lotits a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.