
Newport Beach, California 92662
This Modern Coastal Residence represents a Strong Value Opportunity, listed at $8,680,000—positioned well below the $9,344,058 Fair Market Value by 7%. This valuation gap offers $664,058 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating, this 2023 build includes a private elevator, solar power, and a three-car garage. With its expansive rooftop deck and premium finishes, this property is an ideal sanctuary for Luxury Homeowners or High-Net-Worth Investors seeking a turnkey coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 Onyx Avenue Subject | $8,680,000* List Price | 4 | 6 | 3,492 | $2,602 | - |
A 333 Apolena Sold | $9,400,000 | 4 | 6 | 3,294 | $2,854 | 0.1 mi |
B 206 Apolena Avenue Sold | $6,300,000 | 3 | 5 | 2,333 | $2,700 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this nearly new home is in mint condition. It features a gourmet kitchen with premium appliances, modern en suite bathrooms, high-end systems including solar power and an elevator, and requires no maintenance.
Built in 2023, this nearly new residence features high-end finishes, solar power, and a private elevator servicing all three levels, offering a sophisticated, turnkey living experience.
The inclusion of a three-car garage is an exceptional rarity for Balboa Island, providing significant added value and convenience in a high-density coastal neighborhood.
An oversized premium lot allows for expansive outdoor spaces, including a large rooftop deck with a fireplace and BBQ, plus a private interior courtyard for seamless indoor-outdoor entertaining.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3397, living area = 3492.
At a list price of $8.68 million, the property represents a significant investment that may limit the buyer pool to a very specific luxury demographic.
While the lot is oversized for the area, the property is located in a dense neighborhood where close proximity to neighboring homes may impact overall privacy.
This nearly new home on an oversized premium lot on Balboa Island redefines modern coastal living. Designed to seamlessly blend indoor and outdoor spaces, the residence offers four spacious en suite bedrooms, two additional half baths, and an abundance of natural light throughout. Expansive walls of glass frame island views, creating a bright, airy atmosphere that elevates every room. A spacious rooftop deck with fireplace, built-in BBQ, and outdoor TV creates the perfect space for entertaining. The gourmet kitchen offers premium appliances and refined finishes, while a rare three-car garage adds exceptional convenience. High-end amenities include solar power, a private elevator servicing all three levels, and an inviting interior courtyard off the kitchen. The luxurious primary suite boasts high ceilings and an expansive walk-in closet. Ideally located just off Marine Blvd., you are moments from Newport’s famous beaches, Lido Island, Fashion Island, and John Wayne Airport—offering easy access to water sports, top-tier shopping, dining, and travel. This is a rare opportunity to experience elevated living in one of Newport Beach’s most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 6.0 | 4.0 | 85% |
| Square foot | 3,492 | 2,429 | 92% |
| Lot Size | 3,397.68 | 2,550 | 85% |
| Price | $8.68M | $6.00M | 85% |
| Price per sq ft | $2.5K | $2.5K | 50% |
| Built year | 2023 | 1958 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 123 | 15% |
May 6, 2026
$8,680,000
Initial Listing
Feb 21, 2024
$6,505,000
Public Record
Jul 7, 2021
$2,450,000
Public Record
Dec 18, 2019
$1,950,000
Public Record
Sep 2, 2011
$1,024,000
Public Record