
Newport Beach, California 92662
This Newly Completed Waterfront Residence is a Luxury Lifestyle Acquisition, listed at $10,995,000. While priced slightly above the $10,676,457 Fair Market Value, the premium reflects its Mint Condition Rating and bespoke 2026 construction. Featuring a Professional-Grade Kitchen, Panoramic Harbor Views, and a Private Rooftop Deck, this home offers an uncompromising coastal experience. With its sophisticated infrastructure and prime Balboa Island location, this property is the ultimate sanctuary for High-Net-Worth Individuals or Discerning Owner-Occupants seeking a turnkey, architectural masterpiece in Newport Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 113 Grand Canal Subject | $10,995,000* List Price | 4 | 6 | 2,501 | $4,269 | - |
A 225 Diamond Active | $8,250,000 List Price | 4 | 5 | 2,312 | $3,568 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Newly completed 2026 construction in mint condition. Features ultra-luxury finishes, professional-grade kitchen with quartzite surfaces, marble ensuite baths, and state-of-the-art systems including an elevator, tankless water heating, and integrated smart home controls.
Situated on the highly coveted Grand Canal of Balboa Island, this property offers rare, unobstructed views of the water and harbor, representing some of the most prestigious real estate in Newport Beach.
Completed in 2026, the residence showcases uncompromising craftsmanship with high-end finishes including quartzite surfaces, white oak cabinetry, and a sculptural staircase, ensuring a modern, turnkey luxury experience.
The expansive rooftop deck features a full Hestan outdoor kitchen, a California room with heaters, and panoramic views, providing an exceptional year-round entertaining space that maximizes the coastal lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2501, other record living area = 2541. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2501.
Listed at nearly $4,400 per square foot, the property is positioned at the extreme upper tier of the market, which may limit the pool of qualified buyers and challenge traditional appraisal metrics.
Set along one of Balboa Island's most coveted stretches of waterfront, this newly completed Grand Canal residence is defined by an unwavering commitment to craftsmanship. Every finish was selected with intention, and every material was thoughtfully carried throughout. From the principal living spaces to the mechanical room, the same level of precision is evident at every turn. Walls of disappearing glass open the home to the waterfront, where a firepit terrace becomes an extension of the living room. A dramatic fluted stone fireplace serves as the room's architectural centerpiece, while uninterrupted views of the Grand Canal provide a stunning backdrop. A soaring two-story wall of glass frames the sculptural staircase and fills the home with natural light and reflects the tranquil water feature beyond. The kitchen features artful white oak cabinetry, sculptural geometric detailing, expansive quartzite surfaces with full-height slab backsplashes, an oversized waterfall island, and an eight-burner professional range with dual ovens, plus an adjacent dining room with a custom serving bar and temperature-controlled wine tower. A main-level ensuite offers the same caliber of design found throughout the residence, reinforcing that no space was considered secondary. Overlooking the Grand Canal and Newport Harbor, the primary suite opens onto a private waterfront terrace and features a dual-sided marble fireplace connecting the bedroom to its luxe bath, with large-format limestone floors, dramatic Calacatta marble, a soaking tub, an oversized walk-in shower, and a custom dressing room. Each additional ensuite bedroom was designed with equal care, appointed with custom stone vanities, beautifully finished baths, and Toto bidet toilets. With panoramic harbor and canal views, the rooftop deck provides covered loggias, a California room with a dual-sided fireplace and overhead heaters, a full Hestan outdoor kitchen with dual refrigerators, generous prep space, and open-air lounge areas that create year-round spaces. Modern infrastructure matches the quality of the finishes with an elevator servicing all levels, CAT6 wiring, integrated lighting controls, whole-house water filtration, tankless water heating, and built-in audio throughout. The consistency of execution is a testament to the thoughtful collaboration between Dana Leigh Design, Jeheber Planning, and Robinson Reese, whose shared vision & uncompromising craftsmanship brought this exceptional residence to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 3.8 |
| Square foot | 2,501 | 2,729.518 |
| Lot Size | 2,550 | 6,677.813 |
| Price | $10.99M | $4.20M |
| Price per sq ft | $4.4K | $1.6K |
| Built year | 2026 | 1972 |
| HOA | $0 | $414 |
| Days on market | 27 | 63 |
Aug 13, 2026
$10,995,000
Initial Listing
Apr 15, 2015
$2,700,000
Public Record