$3,245,000
$230K PRICE DROP

201 Diamond Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated payment $20,534/month

Total Views 19,175
4 Beds
2.5 Baths
1,843 Sq Ft
$1,761 Price per Sq Ft

Highlights

  • Bay View
  • Deck
  • Corner Lot
  • Abraham Lincoln Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Balboa Island Park

About This Home

This desirable corner lot duplex on Balboa Island offers a rare opportunity for luxurious living or a savvy investment. Perfect for builders, investors, and developers seeking a prime coastal property.

The spacious main unit features 3 bedrooms, 1.5 bathrooms, with direct garage access. The back unit above the garage has 1 bedroom and 1 full bath, offering comfort and charm. Complete with two garages for a total of three parking spaces.

Enjoy peek-a-boo bay views and spectacular sunsets with a courtyard deck between the units and a 2nd-level attached deck to the main unit. Centrally located just seconds away from the ferry, Marine Avenue and the waterfront—this property is overflowing with possibilities.

Don’t miss the chance to make a piece of Balboa Island yours in one of Orange County’s most sought-after locations!

Listing Agent

Brandon McTeer

Realty One Group West Brokerage Phone: 714-875-2303 License #02147048 Listed on: 01/09/2025

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Corner Lot
  • Rectangular Lot

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Bay
  • Harbor
  • Peek-A-Boo

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,843 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 10
  • Tax Tract Number 100
  • Assessor Parcel Number 05009215
  • $3,086 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05009215
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1843.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: Park Ave Gate
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1760.72
  • Room Type: All Bedrooms Up, Kitchen

Exterior Features

  • Patio: Yes
  • View: Bay, Harbor, Peek-A-Boo
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 630.06
  • Tax Lot: 1
  • Tax Tract Number: 100
  • TaxOtherAnnualAssessmentAmount: 3086.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $3,245,000 -1.5% $1,761 / Sq Ft
05/21/2025 05/21/25 Price Changed $3,295,000 -2.9% $1,788 / Sq Ft
04/10/2025 04/10/25 Price Changed $3,395,000 -2.3% $1,842 / Sq Ft
01/09/2025 01/09/25 For Sale $3,475,000 0.0% $1,886 / Sq Ft
11/09/2018 11/09/18 Rented $3,500 -2.8% --
09/01/2018 09/01/18 For Rent $3,600 +28.6% --
11/21/2013 11/21/13 Rented $2,800 -5.9% --
10/22/2013 10/22/13 Under Contract -- -- --
10/14/2013 10/14/13 For Rent $2,975 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25004489

California Regional Multiple Listing Service (CRMLS)

APN: 050-092-15

California Orange County Newport Beach 92662 Balboa Island

201 Diamond Ave, Newport Beach, CA

This home is located at 201 Diamond Ave, Newport Beach, CA 92662 and is currently priced at $3,245,000, approximately $1,760 per square foot. This property was built in 1929. 201 Diamond Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Brandon McTeer
Listing Agent
Brandon McTeer
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Realty One Group West
(949) 676-1433