307 34th Street B, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath

307 34th Street B, Newport Beach, California 92663 home-pic-0
ACTIVE$2,500,000
307 34th Street B, Newport Beach, California 92663
3Beds
3Baths
1,301Sqft
2,379Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unbeatable Coastal Location: Situated in the heart of the Balboa Peninsula, just steps from the sand and surf, and walking distance to Newport Beach's best restaurants, coffee shops, and local hotspots.
Top Cons:
Condominium Ownership: As a condominium, it involves HOA fees, shared walls, and potential community rules, which may not appeal to all buyers seeking detached single-family homes.

Compared to the nearby listings

Price:$2.50M vs avg $1.56M (+$937,500)79%
Size:1,301 sqft vs avg 1,315 sqft48%
Price/sqft:$1.9K vs avg $90095%

More Insights

Built in 1993 (32 years old).
Condition: Despite being built in 1993, this property has undergone a beautiful and extensive update, as stated in the description and clearly visible in the images. The kitchen features modern white shaker-style cabinets, light stone countertops, a large stainless steel farmhouse sink, and contemporary stainless steel appliances, including a modern LG refrigerator. The bathrooms are equally updated with modern vanities, stone countertops, and clean tile work. The consistent wood-look laminate flooring throughout and recessed lighting contribute to a cohesive, bright, and contemporary aesthetic. All visible components appear virtually new and meet current quality standards, making it move-in ready with no deferred maintenance in key areas.
Year Built
1993
Close
-
List price
$2.5M
Original List price
$2.55M
Price/Sqft
$1,922
HOA
-
Days on market
-
Sold On
-
MLS number
LG25172269
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Deck
ViewPeek-A-Boo

About this home

Welcome to this beautiful updated second floor, 2-story condo nestled in the heart of the Balboa Peninsula. Offering 3 spacious bedrooms and 3 bathrooms, an oversized rooftop deck, this coastal retreat combines comfort, style, and an unbeatable location; with one bedroom and bathroom conveniently on the first level. Enjoy open concept living with a balcony right off the living room to soak up the ocean breeze and peak-a-boo ocean view. Extras include a one car garage with a carport and in unit washer and dryer for convenience. Just steps from the sand and surf and walking distance to the areas best restaurants, coffee shops, and local hotspots; this home perfectly captures the essence of coastal living.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.9mi
9/10
Newport Elementary School
Public,PK-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-81.0mi
7/10
Newport Harbor High School
Public,9-121.2mi
Condition Rating
Excellent

Despite being built in 1993, this property has undergone a beautiful and extensive update, as stated in the description and clearly visible in the images. The kitchen features modern white shaker-style cabinets, light stone countertops, a large stainless steel farmhouse sink, and contemporary stainless steel appliances, including a modern LG refrigerator. The bathrooms are equally updated with modern vanities, stone countertops, and clean tile work. The consistent wood-look laminate flooring throughout and recessed lighting contribute to a cohesive, bright, and contemporary aesthetic. All visible components appear virtually new and meet current quality standards, making it move-in ready with no deferred maintenance in key areas.
Pros & Cons

Pros

Unbeatable Coastal Location: Situated in the heart of the Balboa Peninsula, just steps from the sand and surf, and walking distance to Newport Beach's best restaurants, coffee shops, and local hotspots.
Excellent Condition & Modern Updates: The property is beautifully updated throughout, as evidenced by its 'Excellent' condition score, offering a move-in ready coastal retreat with contemporary finishes.
Expansive Outdoor Living Spaces: Features an oversized rooftop deck and a private balcony off the living room, providing ample space for relaxation and enjoying the coastal environment.
Valuable Ocean View: Offers a desirable 'peek-a-boo' ocean view from the living area, enhancing the property's appeal and coastal ambiance.
Practical & Flexible Layout: Boasts 3 spacious bedrooms and 3 bathrooms, including a convenient first-level bedroom and bath, open concept living, and dedicated parking (one-car garage plus carport).

Cons

Condominium Ownership: As a condominium, it involves HOA fees, shared walls, and potential community rules, which may not appeal to all buyers seeking detached single-family homes.
Partial Ocean View: While an ocean view is present, its 'peek-a-boo' nature indicates a limited or partial vista, which might not meet expectations for buyers desiring full, unobstructed ocean views at this price point.
High Price Point for Square Footage: Commanding a list price of $2.5 million for 1301 sqft, the property represents a significant investment per square foot, potentially limiting the pool of prospective buyers.

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