
316 Diamond Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated payment $25,392/month
Highlights
- Fishing
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Abraham Lincoln Elementary School Rated A
- Peek-A-Boo Views
- Deck
About This Home
The charm of yesteryear with the conveniences of today awaits at enchanted 316 Diamond Avenue on Balboa Island, just steps to the North Bayfront and Ruby Beach. The home is approached through the sunny Bay-view front patio with vibrant landscaping and French doors or via the formal Dutch door. The first level of this beautiful 3 bedroom, 3.5 bath home has oak floors, living room with fireplace, upgraded kitchen with eat-in dining, plus a separate formal dining room. The second level presents a deluxe primary suite with fireplace and spa-quality bath, balcony with view of the Harbor, and beamed ceilings. The two guest bedrooms are both large, and the rear guest bedroom is a wonderful retreat with an en-suite bath and private staircase. The 2-car garage is complemented by a substantial additional parking space behind the garage. Brand NEW synthetic shake roof in 2024. Don’t miss this outstanding home!
Listing Agent
Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 01/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,716
Year Built
- Built in 1988
Lot Details
- 2,550 Sq Ft Lot
- Garden
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- 1 Open Parking Space
- Parking Available
- Two Garage Doors
- Parking Lot
- Off-Street Parking
Home Design
- Tudor Architecture
- Entry on the 1st floor
- Turnkey
- Shake Roof
- Synthetic Roof
- Stucco
Interior Spaces
- 2,078 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- Brick Wall or Ceiling
- Cathedral Ceiling
- Living Room with Fireplace
- Dining Room
- Peek-A-Boo Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- In-Law or Guest Suite
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 9 / 14
- Tax Tract Number 101
- Assessor Parcel Number 05008306
- $380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $23,716 | $4,200,000 | $3,960,906 | $239,094 |
2024 | $23,716 | $2,216,567 | $2,004,386 | $212,181 |
2023 | $23,161 | $2,173,105 | $1,965,084 | $208,021 |
2022 | $22,777 | $2,130,496 | $1,926,553 | $203,943 |
2021 | $22,340 | $2,088,722 | $1,888,777 | $199,945 |
2020 | $22,126 | $2,067,305 | $1,869,410 | $197,895 |
2019 | $21,668 | $2,026,770 | $1,832,755 | $194,015 |
2018 | $21,237 | $1,987,030 | $1,796,819 | $190,211 |
2017 | $20,861 | $1,948,069 | $1,761,587 | $186,482 |
2016 | $20,392 | $1,909,872 | $1,727,046 | $182,826 |
2015 | $20,201 | $1,881,184 | $1,701,104 | $180,080 |
2014 | $19,725 | $1,844,335 | $1,667,782 | $176,553 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/28/2025 08/28/25 | Price Changed | $4,395,000 | -2.2% | $2,115 / Sq Ft |
01/28/2025 01/28/25 | For Sale | $4,495,000 | +149.7% | $2,163 / Sq Ft |
02/22/2012 02/22/12 | Sold | $1,800,000 | -5.0% | $715 / Sq Ft |
02/17/2012 02/17/12 | Pending | -- | -- | -- |
11/01/2011 11/01/11 | Price Changed | $1,895,000 | -5.0% | $752 / Sq Ft |
05/11/2011 05/11/11 | For Sale | $1,995,000 | -- | $792 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Listed On Document | |
Grant Deed | -- | None Listed On Document | |
Grant Deed | $1,800,000 | Orange Coast Title Company | |
Grant Deed | $1,682,500 | Equity Title |
About the Listing Agent

Broker Don Abrams has been the #1 selling realtor in Newport Beach for two of the last three years and has sold more than 50% of the homes on Balboa Island since 1998. After careers as Assistant U.S. Attorney with the U.S. Justice Department and as CEO of a national retail Company, Don purchased a small real estate firm and transformed it into Abrams Coastal Properties, one of Coastal Orange County’s most successful independent brokerages. Don is passionate about people and houses, and his
Don's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25016172

APN: 050-083-06
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