
Newport Beach, California 92662
This Stunning New Construction on Balboa Island is listed at $8,250,000, reflecting a premium valuation relative to its $7,221,422 Fair Market Value. Featuring a Condition Rating of 2, this home offers a turnkey lifestyle with high-end Wolf and Sub-Zero appliances, wide plank oak flooring, and a massive 1,200-square-foot rooftop lounge with panoramic bay views. While the lot is compact, the sophisticated design maximizes indoor-outdoor living. This property is an ideal sanctuary for Luxury Homebuyers or Discerning Professionals seeking a modern, move-in ready coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 225 Diamond Subject | $7,950,000* List Price | 4 | 5 | 2,312 | $3,065 | - |
A 206 Apolena Avenue Sold | $6,300,000 | 3 | 5 | 2,333 | $2,700 | 0.2 mi |
B 121 Garnet Sold | $6,000,000 | 3 | 4 | 2,317 | $2,590 | 0.3 mi |
C 204 Pearl Avenue Sold | $5,850,000 | 3 | 4 | 2,428 | $2,409 | 0.2 mi |
D 300 S Bay Front Active | $8,750,000 List Price | 3 | 5 | 2,429 | $3,602 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction in mint condition. Features high-end Wolf and Sub-Zero appliances, custom cabinetry, spa-style bathrooms with heated floors, and modern systems including Lutron lighting and integrated surround sound.
The property features a rare 1,200-square-foot rooftop level spanning the full length of the home, complete with a covered lounge, wet bar, full bath, and panoramic views of the bay and Fashion Island.
As a 2026 build, this home offers rare new construction on Balboa Island with high-end specifications including Wolf and Sub-Zero appliances, Lutron lighting controls, and Waterworks fixtures.
The design maximizes island living with pocket doors opening to a front patio with a fire pit, a primary suite balcony, and wide plank oak flooring that seamlessly connects the sophisticated interior to the coastal environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2312, other record living area = 1044. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2312.
With a list price of $8.25 million for 2,312 square feet, the property is positioned at a significant premium, which may limit the pool of qualified buyers even within the luxury market.
Brand new construction on Balboa Island crowned by a stunning rooftop entertaining level that spans the full length of the home. Offering over 1,200 square feet of additional outdoor living, the covered rooftop lounge showcases vaulted beamed ceilings, a wet bar with sink and beverage refrigeration, a built in TV, and a full bath, all opening to expansive view decks at both ends with panoramic views of the bay and Fashion Island. On the main level, the great room with fireplace opens through pocket doors to the front patio and fire pit, blending indoor and outdoor living the way island life is meant to be enjoyed. The beautifully appointed kitchen features custom sage green cabinetry, a Wolf range, Sub-Zero refrigeration, and a large center island, complemented by a stylish built in wine bar with a Sub-Zero wine refrigerator and display rack. This four bedroom home offers a serene primary suite with a fireplace, a covered front balcony, and a spa style bath with heated floors, a freestanding soaking tub, dual vanity, and a walk in closet with custom built ins. Wide plank oak flooring, Waterworks fixtures, Restoration Hardware lighting, Lutron lighting control, surround sound, an outdoor shower, golf cart parking, a two car garage, and so much more. Perfectly located in the heart of the island, this is a rare opportunity to own new construction in one of Newport Harbor's most beloved communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.8 |
| Square foot | 2,312 | 2,729.518 |
| Lot Size | 2,550 | 6,677.813 |
| Price | $7.95M | $4.20M |
| Price per sq ft | $3.4K | $1.6K |
| Built year | 2026 | 1972 |
| HOA | $0 | $414 |
| Days on market | 36 | 63 |
Aug 19, 2026
$7,950,000
$8,250,000
-4% Price Drop
Initial Listing
Aug 4, 2026
$8,250,000
Initial Listing
Apr 25, 2022
$2,670,000
Public Record
Jul 3, 2007
$1,082,000
Public Record