
Newport Beach, California 92661
This Custom Remodeled Beach Home is a Stunning Move-In Ready Home listed at $2,895,000—positioned well below the $2,915,022 Fair Market Value by 1%. This valuation provides $20,022 in Instant Equity for a property boasting a Luxury Condition Rating following a comprehensive 2019 renovation. The interior features a Chef’s Kitchen with Wolf and Sub-Zero appliances, while the exterior offers Bay views and a private spa. Located near the 9/10 rated Newport Elementary School, this lifestyle sanctuary is ideal for luxury-seeking families or second-home buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 306 Alvarado Subject | $2,845,000* List Price | 3 | 2 | 1,033 | $2,745 | - |
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 new construction or fully renovated.
Although originally built in 1912, the property underwent a comprehensive, high-end renovation in 2019, including all-new plumbing, electrical, windows, and HVAC systems. The interior features a designer chef's kitchen with premium Wolf and Sub-Zero appliances and polished limestone waterfall-edge countertops. With vaulted ceilings, modern whitewashed flooring, and stylishly updated bathrooms, the home meets current luxury standards with no deferred maintenance.
Elementary School: Newport Elementary School (9/10).
The property underwent a complete high-end renovation in 2019, including updated plumbing, electrical, windows, and HVAC, ensuring modern reliability within a charming 1912 structure.
Situated in a highly sought-after Newport Beach setting, the home is steps from the bay and just blocks from the beach, Balboa Fun Zone, 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 1,033 square feet for a three-bedroom home, the interior living spaces may feel compact for buyers seeking more expansive room proportions.
The 1,742 square foot lot is relatively small, which limits outdoor yard space and results in high density and close proximity to neighboring properties.
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 and retractable gate. 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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 4.0 | 29% |
| Square foot | 1,033 | 2,436.5 | 8% |
| Lot Size | 1,742 | 2,614 | 4% |
| Price | $2.85M | $4.58M | 13% |
| Price per sq ft | $2.8K | $2.6K | 54% |
| Built year | 1912 | 1954 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 212 | 4% |
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