$7,350,000
SOLD FEB 26, 2025
4 Beds
4 Baths
2,178 Sq Ft
2,633 Sq Ft Lot

Recently Sold

$3,375 Per Sq Ft

8% Below List Price

109 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Fishing
  • Abraham Lincoln Elementary School Rated A
  • Marina View
  • Property is near a park

About This Home

As of February 2025

Introducing an incredible opportunity to purchase one of the most sought after bayfront locations on all of Balboa Island. Not only is this a rare corner location with panoramic views, abounding natural light and peaceful breezes; it also has a private dock! Its orientation allows for viewing the sun and moon rising and setting with incredible golden hour moments year round. Additionally, you’ll enjoy spectacular views of the harbor, boat parades and fireworks! As you come over the bridge onto the island, you take a quick right turn down the N Bay Front Alley to get to Coral. Positioned 4 blocks from Marine Ave, it offers ideal proximity to shopping and dining as well as Ruby beach, without being directly in the mix of traffic and parking. Getting off the island is just as easy. On Coral and NBF you also have a nicely built up beach area for relaxing and fun. Owning a corner location with a private dock on one of the best streets could very well be a once in a 20 year or more opportunity. Don’t hesitate! This is the first time this cherished property has been on the market in over 75+ years!

Last Agent to Sell the Property

Steve Roose

Luxury Real Estate Brokerage Phone: 949-375-4430 License #01871043 Listed on: 09/11/2024

Last Buyer's Agent

Steve Roose

Luxury Real Estate Brokerage Phone: 949-375-4430 License #01871043 Listed on: 09/11/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,633 Sq Ft Lot
  • Lot Dimensions are 30.49 x 86.38
  • Beach Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • Corner Lot
  • Value in Land

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Off-Street Parking

Property Views

  • Marina
  • Bay
  • Harbor
  • Panoramic
  • Bridge
  • City Lights

Home Design

  • Duplex

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Dock Site
  • Docks
  • Patio

Location

  • Property is near a park

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 20 / 15
  • Tax Tract Number 101
  • Assessor Parcel Number 05013201
  • $33,000 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R-BI
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05013201
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2178.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3374.66
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Bay, Bridge(s), City Lights, Harbor, Marina, Panoramic, Water
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby, Value In Land
  • Lot Size: 30.49 x 86.38
  • Lot Size Sq Ft: 2633.00
  • Lot Size Acres: 0.0604

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2633.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Fishing in Community, Includes Dock, Navigable Water

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 630.06
  • Tax Lot: 20
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 33000.00

Similar Homes in the area

  • 916 E Oceanfront, Newport Beach, CA 92661

    $7,395,000

    • 5 Beds
    • 4 Baths
    • 2,501 Sq Ft
    • 916 E Oceanfront
    • Newport Beach, CA

    $305K PRICE IMPROVEMENT! - Discover the coastal dream at 916 E Oceanfront—a rare and completely remodeled oceanfront duplex perched right on the iconic boardwalk, where the sand, surf, and vibrant Balboa lifestyle beckon. This prime property offers two distinct gem units! The lower unit features a chic 2-bedroom, 2-bath retreat with coveted STLP permits, a sprawling open floor plan with moving

    John Jones Redfin

    Section Image
  • 700 E Oceanfront, Newport Beach, CA 92661

    $6,890,000

    • 4 Beds
    • 3 Baths
    • 2,310 Sq Ft
    • 700 E Oceanfront
    • Newport Beach, CA

    Fabulous remodeled oceanfront getaway, turnkey vacation rental business or BOTH? The choice is yours at 700 E Oceanfront The property presents a fantastic opportunity to own an updated duplex in the heart of the Balboa Peninsula. LOCATION LOCATION LOCATION, this property is near all of the attractions that you and/or your vacation rental guests desire. Steps away from the sand and ocean, the

    Dominic Tucci Pacific Sotheby's Int'l Realty

    Section Image
  • 207 Knox St, Costa Mesa, CA 92627

    $5,985,000

    • 5 Beds
    • 6 Baths
    • 8,169 Sq Ft
    • 207 Knox St
    • Costa Mesa, CA

    207 Knox Street is a generational asset located in Costa Mesa, CA, just over one mile from the shoreline of Newport Beach. Featuring a unique condo-style construction, 207 Knox Street offers a highly desirable mix of two and three-bedroom townhome units, averaging over 1,600 square feet. The property recently underwent renovations that were completed in 2022, with unit interiors featuring

    Christian Tait Marcus & Millichap RE Invest

    Section Image
  • 312 35th St, Newport Beach, CA 92663

    $7,995,000

    • 6 Beds
    • 6 Baths
    • 2,735 Sq Ft
    • 312 35th St
    • Newport Beach, CA

    Just moments from the tranquil Rivo Alto Channel and two blocks from Newport Beach’s golden shores, this stunning duplex seamlessly blends elegance, coastal living, and a rare investment opportunity—each unit holds a coveted short-term rental permit. Thoughtfully designed with high-end finishes, it offers incredible flexibility for homeowners and investors alike.Live in one unit and rent

    Tim Smith Coldwell Banker Realty

    Section Image
  • 128 39th St, Newport Beach, CA 92663

    $7,100,000

    • 5 Beds
    • 6 Baths
    • 2,580 Sq Ft
    • 128 39th St
    • Newport Beach, CA

    New construction and just steps to the sand, this Newport Beach duplex is not only a testament to modern construction but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a

    Jodi DiTolla DiTolla Real Estate

    Section Image
  • 4017 Channel Place, Newport Beach, CA 92663

    $7,200,000

    • 5 Beds
    • 4 Baths
    • 2,861 Sq Ft
    • 4017 Channel Place
    • Newport Beach, CA

    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

    Brad Hinman Compass

    Section Image
  • 204 44th St, Newport Beach, CA 92663

    $6,299,000

    • 6 Beds
    • 5.5 Baths
    • 4,000 Sq Ft
    • 204 44th St
    • Newport Beach, CA

    INVESTOR ALERT**TWO SIDE BY SIDE STAND-ALONE Modern Cape Cod homes with 2 Highly Coveted TRANSFERABLE SHORT TERM RENTAL PERMITS* The wait list on these permits are long. Currently there are over 600 applicants on the list and people have waited for years and may not even get one. We have TWO. There are some areas that are not zoned for short term rentals so if you own in those areas, you will

    Khan Varnishung Compass

    Section Image
  • 204 44th St, Newport Beach, CA 92663

    $6,299,000

    • 6 Beds
    • 6 Baths
    • 4,000 Sq Ft
    • 204 44th St
    • Newport Beach, CA

    INVESTOR ALERT**TWO SIDE BY SIDE STAND-ALONE Modern Cape Cod homes with 2 Highly Coveted TRANSFERABLE SHORT TERM RENTAL PERMITS* Welcome to 204 44th Street, CASA SURF with TWO fully furnished extraordinary Modern Cape Cods located in the heart of Newport Beach’s Peninsula. This unique property spans an impressive 4,000 square feet and features two standalone homes seamlessly connected by stairs

    Khan Varnishung Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Change Sq Ft Price
02/26/2025 02/26/25 Sold $7,350,000 -5.8% $3,375 / Sq Ft
12/29/2024 12/29/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $7,800,000 -2.5% $3,581 / Sq Ft
09/11/2024 09/11/24 For Sale $8,000,000 -- $3,673 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24188841

California Regional Multiple Listing Service (CRMLS)

APN: 050-132-01