1520 Abalone, Newport Beach, California 92662, Newport Beach, 92662 - 4 bed, 5 bath

1520 Abalone, Newport Beach, California 92662 home-pic-0

1520 Abalone

Newport Beach, California 92662

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
2,450Sq Ft
2,542Lot Size

Property Price

LIST PRICE$4,995,000
EST. MARKET VALUE
$4,995,000

SUMMARY

Analysis of 1520 Abalone, Newport Beach, California 92662 reveals a Fairly Priced Property with a current list price of $4,995,000  aligned with the estimated $4,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,995,000
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1520 Abalone
Subject
$4,995,000*
List Price
452,450$2,039-
A
112 Ruby Avenue
Sold
$4,875,000432,766$1,7620.4 mi
B
126 Ruby Avenue
Sold
$5,500,000352,429$2,2640.4 mi
C
121 Garnet
Sold
$6,000,000342,317$2,5900.6 mi
D
126 Collins
Sold
$3,790,000331,990$1,9050.4 mi
E
116 Emerald
Sold
$6,350,000332,416$2,6280.6 mi
F
210 Collins Avenue
Sold
$3,550,000431,760$2,0170.4 mi
G
214 Abalone Avenue
Active
$6,199,000
List Price
452,760$2,2460.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a comprehensive, high-end remodel that reimagined the home from top to bottom. It features premium white oak flooring, a chef's kitchen equipped with top-tier Wolf and Fisher & Paykel appliances, quartz countertops, and modern bifold windows. The bathrooms are described as spa-like and luxurious, and the overall finish reflects a turnkey, like-new condition that meets current high-quality standards despite the original 1972 build date.

PROSSTRENGTHS & OPPORTUNITIES

  • Premier Island Location

    Situated on a coveted corner lot on Little Balboa Island, the property offers unparalleled proximity to both the bayfront and the boutique shops and dining of Marine Avenue.

  • Turnkey Modern Remodel

    Recently reimagined with high-end finishes including white oak flooring, a chef’s kitchen with Wolf appliances, and a versatile dual-level layout featuring two kitchens for effortless entertaining.

  • Seamless Coastal Lifestyle

    The home features bifold windows and sliding doors that blur the line between indoors and out, complemented by a private jacuzzi and an included golf cart for the ultimate island experience.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2090. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2542, living area = 2450.

  • Compact Lot Size

    The 2,542 square foot lot is characteristic of the high-density island environment, offering limited private yard space compared to mainland luxury estates at this price point.

About 1520 Abalone

Set on a storybook corner of coveted Little Balboa Island, recently remodeled 1520 Abalone Place captures the rare magic that makes this enclave so deeply cherished. Just steps from both the shimmering bay and the heart of Balboa Island, the charming Marine Avenue, lined with darling shops, cafes and restaurants, the location is nothing short of enchanting. Reimagined from top to bottom for effortless island living, the home unfolds across two thoughtfully designed levels, unified by white oak flooring and refined coastal finishes throughout. The lower level is designed for seamless indoor–outdoor living, featuring a secondary kitchen, two bedrooms, and one and a half bathrooms. Sliding doors open to inviting outdoor seating areas and a private jacuzzi, creating a relaxed extension of the living space perfect for hosting guests or unwinding after a day on the water. Upstairs, the home opens into a light-filled great room anchored by a cozy stone fireplace. A grand chef’s kitchen with quartz countertops and Wolf and Fisher Paschal appliances offers bar seating, perfect for entertaining and an effortless connection to the living and dining areas. Bifold windows fold away to invite ocean breezes and blur the line between indoors and out. Two additional bedrooms and bathrooms complete the level, including a serene primary suite with a beautifully appointed, spa-like bath that feels both luxurious and restorative. An attached garage with a golf cart makes island living effortless whether cruising the village, heading to the ferry, or taking in sunset Bay walks just steps from the front door. This is a rare opportunity to own a truly special home in one of Newport Beach’s most charming and tightly held enclaves, where the Bay sparkles, the pace slows, and every day feels like a getaway.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
2,542 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths5.03.0
82%
Square foot2,4502,197.5
68%
Lot Size2,5422,550
9%
Price$5.00M$4.46M
59%
Price per sq ft$2.0K$2.3K
36%
Built year19721959
64%
HOA$0$0
50%
Days on market80195
14%

Pricing History

Listed for Sale

Jan 22, 2026

$4,995,000

$5,095,000

-2% Price Drop

Initial Listing

Price Change

Dec 17, 2025

$5,095,000

Initial Listing

Sold

Apr 6, 2021

$2,425,000

Public Record

Sold

Jun 20, 2018

$2,535,000

Public Record

Sold

Mar 5, 2003

$1,325,000

Public Record

Sold

Mar 1, 2001

$1,250,000

Public Record

Sold

Aug 29, 2000

$1,060,000

Public Record

Browse Properties by State Browse housing market trends by state