
Newport Beach, California 92662
This Modern Coastal Residence is a Strong Value Opportunity, listed at $8,300,000—positioned slightly above the $8,226,948 Fair Market Value. Built in 2023, this home maintains a Mint Condition Rating, featuring a private elevator, solar power, and a three-car garage. The expansive rooftop deck provides stunning Bay and City Light views, offering a premier lifestyle experience. With its high-end finishes and proximity to top-tier amenities, this property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a turnkey asset in Newport Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 Onyx Avenue Subject 4 bd · 6 ba · 3,300 sqft · $2,318 | $7,990,000* List Price | 4 | 6 | 3,300 | $2,318 | - |
A 303 Ruby Sold 4 bd · 5 ba · 2,478 sqft · $2,381 · 0.3 mi | $5,900,000 | 4 | 5 | 2,478 | $2,381 | 0.3 mi |
B 206 Apolena Avenue Sold 3 bd · 5 ba · 2,333 sqft · $2,700 · 0.2 mi | $6,300,000 | 3 | 5 | 2,333 | $2,700 | 0.2 mi |
C 204 Pearl Avenue Sold 3 bd · 4 ba · 2,428 sqft · $2,409 · 0.4 mi | $5,850,000 | 3 | 4 | 2,428 | $2,409 | 0.4 mi |
D 221 Abalone Active Under Contract 4 bd · 5 ba · 2,972 sqft · $2,017 · 0.2 mi | $5,995,000 List Price | 4 | 5 | 2,972 | $2,017 | 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, and high-end systems including solar power and a private elevator.
Built in 2023, this nearly new residence features high-end coastal finishes, solar power, and a private elevator servicing all three levels, ensuring long-term value and accessibility.
The inclusion of a three-car garage is an exceptional rarity for Balboa Island, providing significant convenience and a competitive edge in a high-density neighborhood.
The property boasts an expansive rooftop deck with a fireplace and BBQ, plus a private interior courtyard, maximizing the usable square footage for 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.
With 82 days on the market and a recent price reduction from $8.68M to $8.3M, the property is facing some resistance in the current luxury market.
Despite the oversized lot, the home is located in a densely populated area where close proximity to neighbors may limit the sense of privacy for some buyers.
Rare Opportunity on Balboa Island - Just off Marine Avenue, this nearly new residence sits on an oversized, premium lot and redefines modern coastal living. Large windows frame island views throughout, filling the home with natural light and blurring the line between indoor and outdoor space. The residence offers four en suite bedrooms, two additional powder rooms, and a layout built for both everyday living and effortless entertaining. The gourmet kitchen pairs premium appliances with refined finishes and opens to an inviting interior courtyard — a rare architectural touch that brings even more light and air into the home's center. Upstairs, the rooftop deck delivers island and water views alongside a fireplace, built-in BBQ, and outdoor TV — an entertainer's dream setting for sunset gatherings. The primary suite is a true retreat, with soaring ceilings and an expensive walk-in closet. Thoughtful details set this home apart: solar power, a private elevator servicing all three levels, an outdoor shower, EV charger, and a rare three-car garage — a coveted convenience on the island. Moments from Newport's famous beaches, Lido Island, Fashion Island, and John Wayne Airport, this is a rare chance to own one of Balboa Island's finest residences, with easy access to water sports, world-class shopping, and fine dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 3.5 |
| Square foot | 3,300 | 2,652.074 |
| Lot Size | 3,397.68 | 6,056.485 |
| Price | $7.99M | $4.19M |
| Price per sq ft | $2.4K | $1.6K |
| Built year | 2023 | 1972 |
| HOA | $0 | $463 |
| Days on market | 172 | 70 |
Sep 23, 2026
$7,990,000
$8,300,000
-4% Price Drop
Initial Listing
Jul 27, 2026
$8,300,000
$8,680,000
-4% Price Drop
Initial Listing
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