212 Opal, Newport Beach, California 92662, Newport Beach, 92662 - 3 bed, 3 bath
ACTIVE$3,295,000
212 Opal, Newport Beach, California 92662
3Beds
3Baths
1,950Sqft
2,614Lot
Year Built
1952
Close
-
List price
$3.29M
Original List price
$3.29M
Price/Sqft
$1,690
HOA
-
Days on market
-
Sold On
-
MLS number
NP25265141
Home ConditionPoor
Features
Deck
ViewNeighborhood
About this home
We found 4 Cons,5 Pros. Rank: price - $3.29M(33th), sqft - 1950(50th), beds - 3(33th), baths - 3(33th).
Charming Mid-Century Balboa Island Duplex centrally located between North and South Bayfronts. The 2-bedroom Main Unit on the lower level features a spacious, brick lined, sunny front patio, Dutch entry door, large living room with fireplace, kitchen with dining space, and a shaded interior courtyard. The 2nd Level Rear Unit offers a comfortable living and dining area, cozy bedroom and bath, wood floors, and a bright enclosed deck. Additional features include a 2-car garage with shower and laundry. Enjoy serene living on Balboa Island with supplemental income from the Rear Unit!
Price History
Date
Event
Price
12/02/25
Listing
$3,295,000
Condition Rating
Poor
Built in 1952, this property features significantly outdated kitchens and bathrooms. The kitchen has original-style wood cabinets, laminate countertops, a mix of older appliances (black range, white microwave), and dated linoleum flooring. The bathroom also shows its age with a basic vanity, older fixtures, and a dated shower enclosure. While the property appears maintained on the surface, the MLS listing itself notes a 'weakness' regarding 'Property Age & Potential Updates,' stating it 'may require substantial investment for system upgrades (e.g., electrical, plumbing, HVAC) and modernization.' This indicates a need for substantial repairs and rehabilitation beyond cosmetic updates, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Exceptional Location: Situated on highly desirable Balboa Island in Newport Beach, offering a prestigious address and central proximity to both North and South Bayfronts.
Income-Generating Duplex: The property functions as a duplex, providing a valuable opportunity for supplemental rental income from the rear unit.
Charming Architectural Details: Features like a Dutch entry door, fireplace, spacious brick-lined front patio, and a shaded interior courtyard contribute to its unique Mid-Century charm.
Premium Parking & Utility: Includes a rare 2-car garage with a shower and laundry facilities, a significant advantage in a densely populated area like Balboa Island.
Versatile Living Arrangement: Offers two distinct living units, appealing to owner-occupants seeking income, multi-generational families, or investors.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 2550. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1950, other record living area = 469. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Property Age & Potential Updates: Built in 1952, the property may require substantial investment for system upgrades (e.g., electrical, plumbing, HVAC) and modernization to meet contemporary standards.
Lack of Direct Water View: Despite its prime island location, the property offers a 'Neighborhood' view rather than a direct bayfront or water view, which is often a premium expectation in this market.
Significant Investment Threshold: The list price of $3.295 million represents a high entry point, potentially narrowing the buyer pool to those with substantial financial capacity.