$4,350,000
SOLD DEC 16, 2025
4 Beds
4 Baths
1,750 Sq Ft
3,036 Sq Ft Lot

Recently Sold

$2,486 Per Sq Ft

6 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Fishing
  • Newport Elementary School Rated A
  • Boat Slip
  • 1-minute walk to Channel Place Park

About This Home

As of December 2025

Endless Coastal Possibilities! Nestled directly on the bay front, this unique two unit home offers the ultimate waterfront lifestyle with its own private dock and panoramic views across the harbor. Brimming with coastal charm, the property has been lovingly maintained and thoughtfully updated while preserving the character of its original beach-house roots. Currently enjoyed as a four bedroom, four bath, single multi-generational home, the flexible two-unit layout provides endless options — live in one and host family or guests in the other, create an income opportunity, or reimagine the space into your dream waterfront retreat. Both levels capture the sparkle of the bay, with inviting living areas that open to patios ideal for lounging, dining, and taking in the gentle harbor breeze. Parking is a breeze with an attached two car garage. Clean, bright, and move-in ready, this is a rare chance to own a piece of classic Newport waterfront where you can step off your dock and onto your boat, paddle board, or kayak in seconds. Whether kept as a cherished family getaway or transformed into something new, this bay front gem celebrates the timeless spirit of coastal living.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 10/24/2025

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 10/24/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 3,036 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Harbor
  • City Lights
  • Canal
  • Neighborhood

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Open Patio

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 5 / 242
  • Tax Tract Number 164
  • Assessor Parcel Number 42329302
  • $2,033 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 42329302
  • Year Built: 1956
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1750.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Granite Counters, Living Room Deck Attached
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2485.71
  • Room Type: Kitchen, Main Floor Bedroom
  • Bathroom Features: Shower In Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Canal, City Lights, Harbor, Neighborhood, Water
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports, Sidewalks, Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3036.00
  • Lot Size Acres: 0.0697
  • Latitude Manual: 33.62053700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3036.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Canal Front, Navigable Water, Seawall

Tax Info

  • Tax Block: 242
  • Tax Lot: 5
  • Tax Tract Number: 164
  • TaxOtherAnnualAssessmentAmount: 2033.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 Sold $4,350,000 0.0% $2,486 / Sq Ft
10/30/2025 10/30/25 Pending -- -- --
10/24/2025 10/24/25 For Sale $4,350,000 +97.7% $2,486 / Sq Ft
10/21/2014 10/21/14 Sold $2,200,000 +10.0% $1,375 / Sq Ft View Prior Sale
10/02/2014 10/02/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $2,000,000 -- $1,250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $29,309 $2,644,068 $2,546,043 $98,025
2024 $29,309 $2,592,224 $2,496,121 $96,103
2023 $28,672 $2,541,397 $2,447,178 $94,219
2022 $28,158 $2,491,566 $2,399,194 $92,372
2021 $27,657 $2,442,712 $2,352,151 $90,561
2020 $27,423 $2,417,665 $2,328,032 $89,633
2019 $26,904 $2,370,260 $2,282,384 $87,876
2018 $24,945 $2,323,785 $2,237,632 $86,153
2017 $24,502 $2,278,221 $2,193,757 $84,464
2016 $23,954 $2,233,550 $2,150,742 $82,808
2015 $23,725 $2,200,000 $2,118,435 $81,565
2014 $20,289 $1,883,512 $1,806,163 $77,349
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25247026

California Regional Multiple Listing Service (CRMLS)