
Newport Beach, California 92661
This Stunning Move-In Ready Home is listed at $2,845,000, reflecting a stable price point aligned with its $2,825,686 Fair Market Value. Following a comprehensive 2019 remodel, the property maintains an Excellent Condition Rating, featuring a high-end chef’s kitchen with Wolf and Sub-Zero appliances. Located in the prestigious Balboa Peninsula, this residence offers a premium coastal lifestyle with Bay Views and a private backyard featuring a newer spa. Situated within the top-tier Newport Mesa Unified district, this home is the perfect fit for lifestyle-focused professionals or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 306 Alvarado Subject | $2,795,000* List Price | 3 | 2 | 1,033 | $2,638 | - |
A 122 E Bay Avenue Active | $2,350,000 List Price | 2 | 1 | 928 | $2,532 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a complete down-to-the-studs remodel in 2019, which is 7 years prior to the 2026 listing date, placing it in the 5-15 year renovation bracket. All major systems (HVAC, plumbing, electrical) were replaced at that time. The home features a high-end chef's kitchen with Wolf and Sub-Zero appliances and modern bathrooms, remaining in mint, move-in ready condition.
Elementary School: Newport Elementary School (9/10).
The property underwent a complete top-to-bottom renovation in 2019, including all-new plumbing, electrical, windows, and HVAC, paired with high-end finishes like Wolf and Sub-Zero appliances.
Situated in a highly sought-after Balboa Peninsula setting, the home offers an elite lifestyle just steps from the bay and a few blocks from the beach, surf, and the iconic Balboa Pier.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1033, other record living area = 902.
At just 1,033 square feet on a 1,742 square foot lot, the property carries a very high price-per-square-foot and may feel undersized for buyers seeking a full-time family residence.
The property lacks a traditional garage, instead utilizing a portion of the back patio for vehicle accommodation, which is a significant drawback in a high-density beach community where parking is at a premium.
Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe. Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence. The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area. The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout. The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer. Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach. There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,033 | 2,868 |
| Lot Size | 1,742 | 6,914 |
| Price | $2.79M | $4.44M |
| Price per sq ft | $2.7K | $1.6K |
| Built year | 1912 | 1970 |
| HOA | $0 | $430 |
| Days on market | 138 | 59 |
Jun 23, 2026
$2,795,000
$2,845,000
-2% Price Drop
Initial Listing
Apr 9, 2026
$2,845,000
$2,895,000
-2% Price Drop
Initial Listing
Mar 6, 2026
$2,895,000
Initial Listing
Oct 7, 2024
$2,660,000
Public Record
Sep 5, 2019
$1,700,000
Public Record
Jul 15, 2015
$1,100,000
Public Record