$5,295,000

Estimated payment $32,952/month

Total Views 15,501
3 Beds
5 Baths
3,324 Sq Ft
$1,593 Price per Sq Ft

Highlights

  • Ocean View
  • Open Floorplan
  • Wood Flooring
  • Newport Elementary School Rated A
  • Two Story Ceilings
  • Modern Architecture

About This Home

A rare offering in the heart of Newport Beach’s coveted Cannery Village, this exceptional Live/work mixed-use property presents a unique opportunity to own a sophisticated coastal residence paired with a detached commercial space—an increasingly scarce asset in one of Southern California’s most desirable waterfront communities.
Designed by acclaimed Stearns Architecture for investors and owner-users alike, the property offers significant flexibility, with separate access, utilities, and climate control for both the residential and commercial spaces, allowing each to function independently. Designed with flexibility in mind, the property may be enjoyed as a single 3,324-square-foot live-work environment or configured to maximize income potential through two distinct spaces: a nearly 2,400-square-foot residential loft and a separate approx 1,000-square-foot commercial/mixed-use suite. Whether utilized as a private office, showroom, studio, wellness space, or income-producing asset, the commercial component offers a level of versatility rarely found in Newport Beach.
The residential loft-style home showcases striking industrial-modern architecture, highlighted by soaring double-height ceilings, expansive open-concept living spaces, and abundant natural light. Thoughtfully designed interiors feature two luxurious primary suites with walk-in closets, a dramatic loft retreat, and a welcoming great room centered around a fully rebuilt fireplace backlit by LED lights for a cozy evening ambiance.
Elevated finishes and custom craftsmanship are evident throughout, complemented by a remodeled kitchen with new Thermador and Viking professional-grade appliances, fully integrated Lighting/audio/video Savant Home system with separate systems on lower and upper unit, brand new zoned Air conditioning system, a private elevator servicing the residence and parking accommodations for multiple vehicles—an exceptional amenity in this highly sought-after neighborhood.

Ideally positioned at the gateway to the Balboa Peninsula, residents enjoy immediate access to Newport Harbor, world-class beaches, and the vibrant dining, shopping, and waterfront experiences of Lido Marina Village.

Listing Agent

Jeremy Noel

Wind Water, Inc Brokerage Phone: 949-423-9800 License #01946342 Listed on: 06/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 3,389 Sq Ft Lot
  • Lot Dimensions are 35x93
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Parking Lot
  • Assigned Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Modern Architecture
  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Mixed Use
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Two Story Ceilings
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Loft
  • Game Room

Kitchen

  • Electric Oven
  • Six Burner Stove
  • Gas and Electric Range
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Electric Water Heater
  • Water Softener
  • Cable TV Available

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 230
  • Tax Tract Number 421
  • Assessor Parcel Number 04704324
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

3,389 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 04704324
  • Year Built: 2005
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3324.00 Square Feet
  • Interior Amenities: Balcony, Unfurnished, Elevator, High Ceilings, Home Automation System, Living Room Deck Attached, Recessed Lighting, Two Story Ceilings, Open Floorplan, Wired for Sound, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood, Concrete
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Fire Pit, Living Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1592.96
  • Room Type: Primary Bedroom, Kitchen, Living Room, Family Room, Loft, Primary Bathroom, Game Room
  • Window Features: Double Pane Windows, Blinds
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Separate Tub And Shower, Double Sinks In Bath(s), Bathtub, Shower, Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • View: Ocean, Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Covered, Concrete, Slab
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Metal Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, On Site, Garage - Single Door, Garage Faces Rear, Private, Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Electric Water Heater, Refrigerator, Water Softener, Electric Oven, Freezer, Dishwasher, Gas & Electric Range
  • Electric: Standard, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Closet, Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size: 35x93
  • Lot Size Sq Ft: 3389.00
  • Lot Size Acres: 0.0778

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3389.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 230
  • Tax Lot: 6
  • Tax Tract Number: 421

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $44,838 $4,265,640 $3,359,603 $906,037
2025 $44,838 $4,182,000 $3,293,728 $888,272
2024 $27,068 $2,478,607 $1,607,752 $870,855
2023 $26,427 $2,430,007 $1,576,227 $853,780
2022 $25,982 $2,382,360 $1,545,320 $837,040
2021 $25,488 $2,335,648 $1,515,020 $820,628
2020 $25,242 $2,311,699 $1,499,485 $812,214
2019 $24,730 $2,266,372 $1,470,083 $796,289
2018 $24,242 $2,221,934 $1,441,258 $780,676
2017 $23,817 $2,178,367 $1,412,998 $765,369
2016 $23,287 $2,135,654 $1,385,292 $750,362
2015 $23,065 $2,103,575 $1,364,484 $739,091
2014 $22,525 $2,062,369 $1,337,755 $724,614
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 For Sale $5,295,000 0.0% $1,593 / Sq Ft
10/03/2022 10/03/22 Rented $10,000 0.0% --
09/02/2022 09/02/22 For Rent $10,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $4,100,000 First American Title
Grant Deed -- First American Title Co
Grant Deed -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $391,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $134,850 Credit Line Revolving
Previous Owner $1,890,750 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,465,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26130304

California Regional Multiple Listing Service (CRMLS)

APN: 047-043-24

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