1708 Park Avenue, Newport Beach, California 92662, Newport Beach, 92662 - 3 bed, 3 bath
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Newport Beach, California 92662
This Preserved Coastal Cottage on Little Balboa Island is listed at $3,625,000, commanding a premium relative to its $3,367,863 Fair Market Value due to its rare, first-time-to-market status. The residence maintains a Vintage Condition Rating, showcasing original character, landscaped brick patios, and a peek-a-boo view of the harbor. Located within the Newport Mesa Unified district, the home offers a tranquil lifestyle just moments from Marine Avenue. This property is a premier choice for Heritage Home Collectors or Owner-Occupants seeking an iconic coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1708 Park Avenue Subject | $3,625,000* List Price | 3 | 3 | 1,593 | $2,079 | - |
A 220 Apolena Avenue Sold | $3,550,000 | 4 | 4 | 2,021 | $1,757 | 0.3 mi |
B 1610 Park Avenue Active | $2,850,000 List Price | 3 | 2 | 1,008 | $2,827 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942 and described as 'lovingly preserved,' this cottage retains its original character and vintage charm. While the interior appears well-maintained and clean, the property is over 80 years old with no mention of major modern renovations to the kitchen, bathrooms, or core systems (HVAC/Electric), making it dated by current standards.
Situated on the highly coveted Little Balboa Island, this property offers a more exclusive and tranquil residential experience while maintaining immediate proximity to Marine Avenue’s upscale dining, shopping, and public docks.
Offered for the first time on the market, this 1942 quintessential cottage has been lovingly preserved, featuring original character and a timeless aesthetic that is increasingly rare in the Newport Beach luxury market.
The home features both front and rear landscaped brick patios, providing exceptional private outdoor space for entertaining and relaxation, which is a significant premium for Balboa Island lot sizes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Given the 1942 construction and 'preserved' status, the property likely requires substantial investment in modernizing core systems such as electrical, plumbing, and HVAC to meet current luxury standards.
At a multi-million dollar price point, the 'peek-a-boo' view may be considered a drawback for buyers specifically seeking expansive harbor or ocean vistas common in high-end Newport Beach listings.
Charming quintessential cottage on LITTLE BALBOA ISLAND, offered for the first time on the market. This bright and inviting residence has been lovingly preserved, showcasing timeless character throughout. The home features three bedrooms and three bathrooms, abundant storage, and a cozy living room with an original fireplace. Enjoy beautifully landscaped brick patios in both the front and rear—ideal for relaxing or entertaining. Located just moments from the Marine Avenue shops, restaurants and groceries, Newport Harbor, sandy beaches and public dock, this home captures the essence of classic island living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 1,593 | 2,381 | 14% |
| Lot Size | 2,700 | 2,550 | 79% |
| Price | $3.62M | $5.70M | 29% |
| Price per sq ft | $2.3K | $2.4K | 43% |
| Built year | 1942 | 1956 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 133 | 14% |
Apr 29, 2026
$3,625,000
Initial Listing
May 15, 1995
$360,000
Public Record