307 Fernando, Newport Beach, California 92661, Newport Beach, 92661 - 3 bed, 3 bath

307 Fernando, Newport Beach, California 92661 home-pic-0

307 Fernando

Newport Beach, California 92661

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,464Sq Ft
1,742Lot Size

Property Price

LIST PRICE$3,099,900
EST. MARKET VALUE
$3,280,744
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$3,280,744 +$180,844 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
307 Fernando
Subject
$3,099,900*
List Price
331,464$2,241-
A
122 E Bay Avenue
Active
$2,495,000
List Price
21928$2,6890.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has been fully remodeled with high-end finishes, new appliances, and designer tile, giving it a like-new feel. The kitchen and bathrooms appear modern and well-appointed based on the description and images. Despite the original build year of 1915, the extensive renovation within the last 5 years (implied by 'fully remodeled' and 'like-new feel') aligns with the 'excellent' criteria. The flooring appears to be new hardwood, and the lighting fixtures are modern. The description mentions 'brand-newer appliances' and 'designer tile', which are strong indicators of a high-quality renovation. While AC is not explicitly mentioned, the overall presentation suggests a property in top condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Newport Elementary School (9/10).

  • Prime Location

    Situated just steps from the sand on the highly desirable Balboa Peninsula, offering unparalleled beach access and coastal living.

  • Fully Remodeled

    The property has undergone a comprehensive renovation with high-end finishes, new appliances, and designer tile, presenting a like-new condition.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1464, other record living area = 976.

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1742, living area = 1464.

  • Original Year Built

    Built in 1915, while charming, older construction may present potential maintenance considerations compared to newer builds.

About 307 Fernando

Charming Balboa Peninsula beach house just steps from the sand. Ideally located in the heart of Newport Beach, this fully remodeled coastal retreat offers everything you could want in a vacation home. No expense was spared in the renovation, featuring brand-newer appliances, designer tile, and high-end finishes throughout, giving the home a fresh, like-new feel. Property highlights include a spacious primary suite with a massive bedroom and walk-in closet, three generously sized bedrooms, and three full bathrooms. Additional features include a large laundry room, a versatile bonus room currently set up as an office, and a sunny deck perfect for relaxing or entertaining. The home also boasts a charming fireplace and abundant windows that flood the space with natural light. This property presents an exceptional opportunity for both personal enjoyment and investment potential.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1915
Lot Size
1,742 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Newport Beach Unified Schools

Newport Elementary School

Grades PK-6 • 0.9 mi

9/10

Horace Ensign Intermediate School

Grades 7-8 • 1.2 mi

7/10

Newport Harbor High School

Grades 9-12 • 1.5 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.04.0
45%
Square foot1,4642,053
29%
Lot Size1,7422,614
3%
Price$3.10M$4.50M
13%
Price per sq ft$2.1K$2.5K
39%
Built year19151980
10%
HOA$0$0
50%
Days on market40177
3%

Pricing History

Listed for Sale

Jan 26, 2026

$3,099,900

Initial Listing

Sold

Nov 12, 2021

$1,825,000

Public Record

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