
Newport Beach, California 92661
This Premier Coastal Duplex is listed at $3,695,000, positioned near its $3,476,165 Fair Market Value within the prestigious Balboa Peninsula. Boasting a Condition Rating of 3, the property is move-in ready, featuring a remodeled kitchen and a private rooftop deck with sweeping ocean and harbor views. The location offers elite walkability and access to the 9/10 rated Newport Elementary School, ensuring long-term desirability. This turnkey asset provides a sophisticated lifestyle with significant rental offset, making it a perfect match for Owner-Occupants or Coastal Investors seeking a high-demand beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 8th Subject | $3,695,000* List Price | 0 | 0 | 2,446 | $1,421 | - |
A 820 W Balboa Boulevard Active Under Contract | $2,750,000 List Price | 0 | 0 | 2,376 | $1,157 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1965 duplex is in move-in ready condition with notable interior updates. The upstairs unit features a remodeled kitchen with modern cabinetry, stone countertops, and stainless steel appliances. The living areas utilize durable tile flooring, while bedrooms contain well-maintained carpet. Although the structure is vintage, the property has been well-maintained with functional systems and updated aesthetic features like the stone fireplace and rooftop deck, requiring no immediate renovation.
Elementary School: Newport Elementary School (9/10).
Situated on the Balboa Peninsula just steps from both the beach and Newport Harbor, the property offers exceptional walkability to world-class dining, shopping, and the Newport Harbor Yacht Club.
This duplex configuration provides significant flexibility for owners to live in one unit while generating rental income from the other, or to operate the entire property as a high-demand coastal investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2396.
With only two garage spaces shared between a three-bedroom and a two-bedroom unit, parking may be constrained for residents with multiple vehicles or visiting guests in this high-density area.
Originally built in 1965, the property may require more frequent maintenance or future capital improvements to systems and infrastructure compared to newer coastal developments.
Perfectly positioned just steps from the sand and the sparkling waters of Newport Harbor, 203 8th Street presents a rare Peninsula duplex opportunity combining ocean and bay views, flexible living, and exceptional coastal walkability. Whether as an owner-occupied retreat with income potential or a prime investment, this property captures the very essence of beachside living. The upstairs residence features 3 bedrooms and 2 baths, a remodeled kitchen, inviting fireplace, and a private rooftop deck showcasing sweeping ocean and harbor views. The primary suite offers an ensuite bath and its own private exterior entrance. Tile flooring anchors the main living areas, with carpeted bedrooms and a hall bath complete with dual vanity and tub/shower combination. The downstairs unit offers 2 bedrooms and 1 bath, a cozy fireplace, and a private patio extending the living space outdoors. An oversized garage provides two parking spaces (one per unit) plus shared laundry. Located just moments from Newport Harbor Yacht Club, world-class beaches, the bay, and the Peninsula’s celebrated dining and shopping, this is a rare opportunity to secure a premier address in one of Newport Beach’s most coveted coastal enclaves.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.5 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 2,446 | 2,473.5 | 50% |
| Lot Size | 2,178 | 3,049 | 17% |
| Price | $3.69M | $3.45M | 50% |
| Price per sq ft | $1.5K | $1.3K | 50% |
| Built year | 1965 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 164 | 17% |
Mar 10, 2026
$3,695,000
Initial Listing
Mar 28, 2022
$3,650,000
Public Record