222 Marine, Newport Beach, California 92662, Newport Beach, 92662 - 0 bed, 0 bath
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Newport Beach, California 92662
This Prime Balboa Island Mixed-Use Asset is listed at $4,200,000, representing a stable acquisition aligned with its $4,192,963 Fair Market Value. Boasting a Good Condition Rating, the property features a renovated upper residence with a gourmet Wolf-range kitchen and a rare oversized private deck, complemented by two ground-floor retail storefronts. The inclusion of a 2-car garage provides a significant premium in this high-demand coastal hub. This versatile property is a strategic choice for Portfolio Investors or Owner-Occupants seeking a prestigious, income-generating coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 Marine Subject | $4,200,000* List Price | 0 | 0 | 2,500 | $1,677 | - |
A 215 Marine Active Under Contract | $5,145,500 List Price | 0 | 0 | 3,080 | $1,671 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with high-end finishes, including a gourmet kitchen featuring a Wolf range and Samsung appliances. While the building dates to 1941, it has been extensively renovated with polished wood flooring and updated retail spaces. The bathroom and kitchen styles suggest the renovations are well-maintained but likely occurred within the 5-15 year window, placing it firmly in the 'good' category.
Situated on the coveted 200 block of Marine Avenue, this property offers exceptional foot traffic for the retail storefronts and high visibility in the heart of Balboa Island's commercial hub.
The upper-level residence is thoughtfully updated with a gourmet kitchen featuring a 6-burner Wolf range, wood flooring, and a rare oversized private deck for seamless indoor-outdoor coastal living.
The inclusion of a 2-car garage is a significant premium on Balboa Island, where parking is extremely limited, adding substantial value and convenience for both residents and business owners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1811.
With an original build date of 1941, the property may require ongoing maintenance or infrastructure updates typical of older coastal buildings, despite the modern interior renovations.
The central location on Marine Avenue means the property is subject to significant pedestrian and vehicular noise, which may impact the tranquility of the residential unit during peak tourist seasons.
Prime Balboa Island mixed-use opportunity on the coveted 200 block of Marine Avenue. This versatile property features two updated retail storefronts with a shared bath and ample storage on the ground level with a spacious 2-bedroom, 2-bath residence above. Wood flooring runs throughout the building. The light-filled upper unit offers a large living room, French doors opening to a private oversized deck, and a gourmet kitchen with 6-burner Wolf range. Primary suite includes a walk-in closet and ensuite bath. Additional highlights include a separate laundry room and 2-car garage. Ideally located near shops, restaurants, the bay, and beaches. A rare blend of income potential and coastal charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1941 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 23, 2026
$4,200,000
Initial Listing