209 Diamond, Newport Beach, California 92662, Newport Beach, 92662 - 3 bed, 3 bath

209 Diamond, Newport Beach, California 92662 home-pic-0
ACTIVE$4,500,000
209 Diamond, Newport Beach, California 92662
3Beds
3Baths
1,550Sqft
2,550Lot
Year Built
1944
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$2,903
HOA
-
Days on market
-
Sold On
-
MLS number
NP25267871
Home ConditionExcellent
Features
Deck
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $4.50M(55th), sqft - 1550(35th), beds - 3(50th), baths - 3(50th).

One-of-a-kind three-bedroom Balboa Island cottage offering one of the most exceptional front yards on the Island. The brick-lined garden includes mature landscaping, outdoor dining, a fireplace, barbecue, multiple seating areas, and a storybook tree with a hanging swing, creating a rare extension of everyday living and an ideal setting for relaxing or entertaining. Inside, the first level provides vaulted ceilings, warm living area with fireplace, separate dining space, bathroom, and a beautifully updated kitchen with high-end appliances and walk-in pantry, along with a garage that includes a sauna and private office or den. The second level offers a generous primary bedroom with fireplace, two guest rooms, two bathrooms including one with walk-in shower and freestanding tub, complete with access to an expansive private deck. Fully remodeled with a standing seam roof and thoughtful finishes throughout, this cottage is one of the Island’s most charming homes with outdoor space that is hard to match.

Price History

Date
Event
Price
12/01/25
Listing
$4,500,000
05/02/22
Sold
$3,175,000
08/31/94
Sold
$405,000
Condition Rating
Excellent

Despite being built in 1944, the property has undergone a 'fully remodeled' and 'extensive high-quality remodel' as stated in the description and supported by the images. The kitchen is 'beautifully updated with high-end appliances' and features modern white cabinetry, a farmhouse sink, and subway tile backsplash. Bathrooms are described with a 'walk-in shower and freestanding tub,' indicating modern, high-end finishes. The interior boasts vaulted ceilings, modern light fixtures, and consistent light wood-look flooring, all appearing virtually new and meeting current quality standards. While the absence of a cooling system is noted as a weakness, it is a functional omission rather than a defect in the condition of the existing, extensively renovated components.
Pros & Cons

Pros

Exceptional Outdoor Living: The property features one of the most exceptional front yards on Balboa Island, including a brick-lined garden with mature landscaping, outdoor dining, a fireplace, barbecue, multiple seating areas, and a storybook tree with a swing, creating an unparalleled space for relaxation and entertaining.
Prime Balboa Island Location: Located on the highly desirable Balboa Island in Newport Beach, offering an exclusive and sought-after coastal lifestyle in a prestigious subdivision.
Extensive High-Quality Remodel: Fully remodeled with a standing seam roof and thoughtful, high-end finishes throughout, including a beautifully updated kitchen with high-end appliances and modern bathrooms, ensuring a move-in ready and luxurious living experience.
Unique Luxury Amenities: The property boasts distinctive features such as a garage converted to include a sauna and private office/den, vaulted ceilings, multiple fireplaces (living area and primary bedroom), and a primary suite with a walk-in shower, freestanding tub, and an expansive private deck.
Charming & Distinctive Character: Described as a 'one-of-a-kind' and 'charming' cottage, it offers unique aesthetic appeal and character that stands out among other properties on the Island.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1486.
Absence of Cooling System: The property description does not mention any cooling system (e.g., air conditioning), which could be a significant drawback and discomfort during warmer months in Southern California.
No Water View: Despite its prime island location, the property explicitly states 'view: None,' indicating a lack of the highly coveted bay or ocean views often expected and valued in this exclusive coastal area.
High Price Point for Square Footage: With a list price of $4.5 million for 1550 sqft, the property commands a very high price per square foot, which may limit the pool of prospective buyers compared to properties with more expansive living space.

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