$6,995,000
OPEN SUN 1PM - 4PM $205K PRICE DROP

Estimated payment $44,263/month

Total Views 8,527
5 Beds
4 Baths
2,861 Sq Ft
$2,445 Price per Sq Ft

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Wood Flooring
  • Newport Elementary School Rated A
  • Canal View
  • 5-minute walk to 38th Street Park

About This Home

Completely reimagined and remodeled waterfront duplex offers modern luxury, breathtaking views, 45 feet of frontage, a new dock, and an unbeatable location on Newport Island. This post-modern, contemporary home has been thoughtfully redesigned to seamlessly integrate its stunning bayfront setting with high-end finishes, an open-concept living space, and a seamless indoor-outdoor flow. The property is currently configured as an upper and lower duplex, with the potential to live as a single-family home.

The upper unit is a showstopper, featuring vaulted ceilings and floor-to-ceiling windows that frame the panoramic views of the channel. The dramatic high ceilings and open-concept design create an expansive, light-filled space where the living and dining areas blend effortlessly with the gourmet kitchen. With two bedrooms, two bathrooms, and a versatile bonus room ideal for an office or gym, this residence is as functional as it is beautiful. A private waterfront patio extends the living space outdoors, offering the perfect place to unwind and take in the serene views.

The lower unit is designed for seamless indoor-outdoor living, complete with an expansive waterfront patio that boasts 45 feet of frontage and a brand-new dock. The spacious interior has been thoughtfully designed to maximize comfort and style. With three bedrooms and two bathrooms, this unit is ideal for guests, extended family, or rental income.

Newport Island is one of Newport Beach’s best-kept secrets, a small and exclusive waterfront community with fewer than 200 homes. Uniquely positioned on the bay while being just two blocks from the ocean, this home offers the best of both worlds—boating and paddleboarding right from your dock, with the beach, shopping, and dining just a short stroll away. The neighborhood features a waterfront park and a charming baby beach in a tranquil, tucked-away setting.

This exceptional duplex presents an incredible opportunity for an owner-user, investor, or anyone seeking the ultimate waterfront lifestyle in one of Newport Beach’s most desirable locations.

Listing Agent

Brad Hinman

Compass License #01186277 Listed on: 04/30/2025

Compass

Co-Listing Agent

Jennifer Stock

Compass License #01427320

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 3,409 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts a canal
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Canal Views

Kitchen

  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Dock Site
  • Docks
  • Living Room Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 340
  • Tax Tract Number 164
  • Assessor Parcel Number 42305302
  • $27 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Newport Island Subdivision

Recreation

  • Community Playground
  • Park
  • Water Sports

Building Details

  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Co-Agent Cell
  • Other Phone Number: 949-290-0227
  • Price Per Unit: 3497500
  • Property Attached: No
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42305302
  • Year Built: 1964
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Living Room Balcony, Pantry
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 2444.95
  • Room Type: Main Floor Primary Bedroom, Office

Exterior Features

  • Exterior Features: Dock Private
  • View: Canal, Water
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Playground
  • Senior Community: No
  • Community Features: Curbs, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 3409.00
  • Lot Size Acres: 0.0783

Multi Family

  • Lot Size Area: 3409.0000 Square Feet
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Canal Front, Includes Dock, Seawall

Tax Info

  • Tax Block: 340
  • Tax Census Tract: 635.00
  • Tax Lot: 8
  • Tax Tract Number: 164
  • TaxOtherAnnualAssessmentAmount: 27.00

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
09/03/2025 09/03/25 Price Changed $6,995,000 -2.8% $2,445 / Sq Ft
04/30/2025 04/30/25 For Sale $7,200,000 +188.0% $2,517 / Sq Ft
05/11/2020 05/11/20 Sold $2,500,000 -2.0% $874 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $2,550,000 -- $891 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25090089

California Regional Multiple Listing Service (CRMLS)