
Newport Beach, California 92662
This Reimagined Coastal Sanctuary on Little Balboa Island is listed at $4,995,000, reflecting price stability near its $4,952,158 Fair Market Value. Boasting an Excellent Condition Rating after a comprehensive high-end renovation, the residence features white oak flooring, a chef’s kitchen with Wolf appliances, and a private jacuzzi. Situated in the coveted Newport Mesa Unified district, the home offers unparalleled access to Marine Avenue and the bay. This turnkey property is the ideal fit for Luxury Homeowners or Lifestyle-Driven Buyers seeking a sophisticated, move-in-ready island retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1520 Abalone Subject | $4,995,000* List Price | 4 | 5 | 2,450 | $2,021 | - |
A 112 Ruby Avenue Sold | $4,875,000 | 4 | 3 | 2,766 | $1,762 | 0.4 mi |
B 126 Ruby Avenue Sold | $5,500,000 | 3 | 5 | 2,429 | $2,264 | 0.4 mi |
C 121 Garnet Sold | $6,000,000 | 3 | 4 | 2,317 | $2,590 | 0.6 mi |
D 126 Collins Sold | $3,790,000 | 3 | 3 | 1,990 | $1,905 | 0.4 mi |
E 316 Diamond Avenue Sold | $4,225,000 | 3 | 4 | 2,078 | $2,033 | 0.3 mi |
F 214 Abalone Avenue Active | $5,995,000 List Price | 4 | 5 | 2,760 | $2,172 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, effectively reimagining the 1972 structure. It features premium white oak flooring, a chef's kitchen with top-tier Wolf and Fisher & Paykel appliances, and modern, spa-like bathrooms with designer tiling and fixtures. All visible components, including the electrical fixtures and interior finishes, meet current luxury standards with no signs of deferred maintenance.
Situated on a coveted corner lot of Little Balboa Island, the property offers unparalleled proximity to both the bay and the boutique shops and dining of Marine Avenue.
The home has been comprehensively reimagined with premium finishes, including white oak flooring, quartz countertops, and professional-grade Wolf and Fisher & Paykel appliances.
The dual-level design features a secondary kitchen and private jacuzzi area on the lower floor, making it ideal for hosting guests or multi-generational living.
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.
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.
Typical of Balboa Island, the 2,542 square foot lot offers very little private yard or garden space, which may be a drawback for buyers seeking more land.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 76% |
| Square foot | 2,450 | 2,317 | 59% |
| Lot Size | 2,542 | 2,550 | 12% |
| Price | $5.00M | $4.88M | 53% |
| Price per sq ft | $2.0K | $2.3K | 29% |
| Built year | 1972 | 1953 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 208 | 29% |
Jan 22, 2026
$4,995,000
$5,095,000
-2% Price Drop
Initial Listing
Dec 17, 2025
$5,095,000
Initial Listing
Apr 6, 2021
$2,425,000
Public Record
Jun 20, 2018
$2,535,000
Public Record
Mar 5, 2003
$1,325,000
Public Record
Mar 1, 2001
$1,250,000
Public Record
Aug 29, 2000
$1,060,000
Public Record