Open House Fri, Sep 25th 11:00 AM - 02:00 PM - Views - Primary on Main
Listed By:
Jessica Bailey with Compass; 949-315-1529
Address
2004 E Ocean Boulevard, Newport Beach, CA
Price
$ 4,195,000
Property Attributes
  • MLS#NP26204802
  • TypeSingle Family
  • Listing Status Active
  • CountyOrange
  • CityNewport Beach
  • Area Balboa Peninsula
  • NeighborhoodBalboa Peninsula Point (BLPP)
  • Zip92661
  • Style
  • Year Built1952
  • Price$ 4,195,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1187
  • Lot Size0.0603 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Known as the “Happy House” by neighbors who have long admired its unmistakable charm, 2004 E Ocean Boulevard is a true piece of Peninsula Point history. Designed by Don Phillips, the local legend credited with bringing the frozen banana to Newport Beach, this beloved cottage has a place in the story of the Peninsula that goes well beyond its impossibly charming facade. Phillips’ frozen-banana legacy became part of Newport folklore—and ultimately helped inspire the fictional banana-stand world of Arrested Development. Today, that history lives beautifully alongside a remarkably thoughtful designer renovation. The home’s original soul was carefully preserved—from its distinctive diamond windows to its whimsical cupola—while every other detail was elevated with intricate millwork, natural stone, custom cabinetry, Warren Christopher wide-plank flooring, a Wolf range, Sub-Zero refrigerator, Shade Store window coverings, beautifully appointed baths, and a new roof. The result is a two-bedroom, two bath, single-level beach cottage that feels both polished and wonderfully personal. Every inch has been considered, and every square foot is exceptionally livable—proof that a smaller home can have an extraordinary presence. Positioned on the sunny side of Ocean Boulevard, just two homes from the sand and iconic L Street beach, the location is prime Peninsula Point. The Wedge is steps away, and the legendary swells can be heard year round. Residents also have the option to join the Peninsula Point HOA’s bayfront lounge, barbecue area, vessel launch, and optional security patrol. A little piece of Newport history, lovingly preserved and impeccably reimagined, the “Happy House” is as rare as it is charming—and perhaps one of the sweetest beach cottages anywhere on the Peninsula. Grab a frozen banana and welcome yourself home to 2004 E Ocean Boulevard.

Elementary School Middle School High School
Newport Elementary School Ensign Middle School Newport Harbor High School
Price History
9/23/2026 Listed $4,195,000

General Features

Living Area 1187
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Possession See Remarks
Roof Composition,Shingle
Appliances Dishwasher,Freezer,Disposal,Gas Range,Refrigerator,Range Hood,Tankless Water Heater,Water To Refrigerator,Water Purifier,Dryer,Washer
Garage Spaces 2
Patio/Porch Features Deck,Front Porch
Pool Features None
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Stucco,Wood Siding
Year Built 1952
Electric 220 Volts in Garage,220 Volts
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Waterfront Features Ocean Side Of Highway
Community Features Curbs,Street Lights
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Balboa Peninsula Point (BLPP)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Near the corner of Ocean Boulevard and L Street.
High School Newport Harbor
City Newport Beach
Disclosures Familial Relation,Principal is Real Estate Licensed
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 2625
Listing Terms Cash,Cash to New Loan
Spa Features None
Elementary School Newport
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Ensign
Property Condition Updated/Remodeled,Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.youtube.com/watch?v=yvaoiN-fgwA
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-09-23
PostalCity NEWPORT BEACH

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Ceiling Fan(s),Dry Bar,Separate/Formal Dining Room,Open Floorplan,Stone Counters,Recessed Lighting,All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Primary Suite
Flooring Wood
Fireplace Features Gas,Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside,In Garage
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 2
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Fencing Block,Vinyl
Parking Features Door-Multi,Garage,Oversized
Lot Features Rectangular Lot
Water Source Public
Total Parking 2
Lot Size Area 2625
Foundation Details Raised
Spa false
Lot Size Acres 0.0603
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92661

Price
AVG $11.41M
$4.2M
Year Built
AVG 1983
1952

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