$6,450,000

Estimated payment $39,476/month

Total Views 4,645
3 Beds
2.5 Baths
1,701 Sq Ft
$3,792 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Home fronts a canal
  • 4-minute walk to 38th Street Park

About This Home

Discover the epitome of coastal elegance with this exquisite bayfront residence on Newport Island, a hidden gem within Newport Beach. This meticulously crafted three-bedroom, three-bathroom home seamlessly blends luxury with the tranquil allure of waterfront living. Ideal for boating enthusiasts, the property features a private dock offering direct access to the bay for sailing or paddleboarding adventures. The expansive open floor plan is enhanced by wall-to-wall windows that frame mesmerizing waterfront vistas, bathing the interior in natural light. The gourmet kitchen boasts stone countertops, premium appliances, and a butcher block peninsula, all overlooking the serene bay waters. The warm and inviting family room, complete with a cozy brick fireplace and panoramic bay views, is perfect for intimate gatherings. An additional first-floor area provides versatile living space, suitable as a children's playroom, home office, or entertainment space. The romantic primary suite serves as a tranquil retreat, featuring a fireplace, vaulted wood-beam ceilings, and breathtaking bay views. Two generously sized secondary bedrooms share access to a spacious covered patio, ideal for enjoying the coastal breeze. Outside, the enchanting bayside patio offers an idyllic setting for sunset soirees, barbecues, or morning coffee with loved ones. Nestled adjacent to the Balboa Peninsula, Newport Island is a serene enclave known for its charming streets and close-knit community. Residents enjoy unparalleled access to some of Southern California's finest surfing beaches and a pedestrian-friendly environment, with boutique shops and restaurants just a leisurely stroll away. This property not only offers a luxurious living experience but also immerses you in the quintessential Newport Beach lifestyle, where every day feels like a retreat.

Listing Agent

Jon Flagg

Pacific Sotheby's Int'l Realty Brokerage Email: jon@flaggrealestate.com License #01316048 Listed on: 07/15/2025

Pacific Sotheby's Int'l Realty

Co-Listing Agent

Kyle Flagg

Pacific Sotheby's Int'l Realty Brokerage Email: jon@flaggrealestate.com License #02095991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,793

Year Built

  • Built in 1940

Lot Details

  • 3,600 Sq Ft Lot
  • Home fronts a canal
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,701 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laminate Flooring
  • Canal Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 638
  • Tax Tract Number 164
  • Assessor Parcel Number 42306204
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Newport Island Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,793

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Card/Code Access
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42306204
  • Year Built: 1940
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1701.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3791.89
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Suite
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Canal, Water
  • Patio And Porch Features: Brick, Patio Open
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Freezer, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front

Tax Info

  • Tax Block: 638
  • Tax Census Tract: 635.00
  • Tax Lot: 6
  • Tax Tract Number: 164
  • 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 $52,793 $5,079,600 $4,965,385 $114,215
2024 $52,793 $4,980,000 $4,868,024 $111,976
2023 $12,955 $1,199,583 $1,061,604 $137,979
2022 $12,738 $1,176,062 $1,040,788 $135,274
2021 $12,495 $1,153,002 $1,020,380 $132,622
2020 $12,375 $1,141,180 $1,009,917 $131,263
2019 $12,122 $1,118,804 $990,114 $128,690
2018 $11,882 $1,096,867 $970,700 $126,167
2017 $11,673 $1,075,360 $951,666 $123,694
2016 $11,412 $1,054,275 $933,006 $121,269
2015 $11,304 $1,038,439 $918,991 $119,448
2014 $11,038 $1,018,098 $900,989 $117,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $6,450,000 0.0% $3,792 / Sq Ft
07/15/2025 07/15/25 For Rent $19,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $954,225 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25157146

California Regional Multiple Listing Service (CRMLS)

APN: 423-062-04