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2004 E Ocean BoulevardNewport Beach, CA 92661

Balboa Peninsula Point (BLPP) · Orange County

$4,195,000List price
2Beds
2Baths
1,187Sq Ft
1952Year built
0.06Acre lot
2Garage
1Stories
11 days agoOn market

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.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Structure type
House
Year built
1952
Stories
1
Living area
1,187 Sq Ft
Lot size
0.06 acres
Garage spaces
2
Parking spaces
2
Days on market
11
MLS® Listing#
NP26204802

Property Features

Interior
Breakfast Bar · Built-in Features · Ceiling Fan(s) · Dry Bar · Open Floorplan · Stone Counters · Recessed Lighting · Master Downstairs
Appliances
Dishwasher · Freezer · Disposal · Gas Range · Refrigerator · Range Hood · Tankless Water Heater · Water Purifier · Dryer · Washer
Cooling
Central Air
Heating
Central
Flooring
Wood
Fireplace
Gas · Living Room
Pool
None
Parking
Attached · Garage · Oversized
Laundry
Inside · In Garage
Patio
Deck · Front Porch
Fencing
Block · Vinyl
Lot features
Rectangular Lot
Construction
Stucco · Wood Siding
Foundation
Raised
Roof
Composition · Shingle
Security
Carbon Monoxide Detector(s) · Smoke Detector(s)
Community
Curbs · Street Lights
Utilities
Cable Available · Electricity Connected · Natural Gas Connected · Phone Available · Sewer Connected · Water Connected
Sewer
Public Sewer
Water source
Public

Rooms

  • Bathroom
  • Bedroom
  • Dining Room
  • Kitchen
  • Living Room
  • Master Bedroom

Schools

Elementary
Newport
Middle
Ensign
High
Newport Harbor

Financial Details

HOA
None
Parcel number
04826129

Directions

Near the corner of Ocean Boulevard and L Street.

Listing Courtesy: Compass - 949-315-1529

Presented by: Jessica Bailey and Summer Perry

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-18T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Documents & links

Provided by Jessica Bailey

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  • Krissy Allen

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    EXIT Alliance Realty

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