$4,395,000
$100K PRICE DROP

Estimated payment $25,392/month

Total Views 674,021
3 Beds
3.5 Baths
2,078 Sq Ft
$2,115 Price per Sq Ft

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

Don Abrams

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,716

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Tudor
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05008306
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2078.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Granite Counters, High Ceilings, In-Law Floorplan, Stone Counters, Tile Counters
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2115.01
  • Room Type: All Bedrooms Up, Primary Bathroom, Primary Bedroom, Primary Suite, Two Primaries
  • Bathroom Features: Double Sinks In Primary Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Shake, Synthetic
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Off Street, Parking Space
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven, Gas Cooktop
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 630.06
  • Tax Lot: 9
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 380.00

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

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

About the Listing Agent

Don Abrams

Abrams Coastal Properties

(949) 775-2963

Section Image

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

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    • 2,794 Sq Ft
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25016172

California Regional Multiple Listing Service (CRMLS)

APN: 050-083-06