218 Diamond Ave, Newport Beach, CA 92662
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218 Diamond Ave Newport Beach, CA 92662

$4,800,000 Sold Price as of 01/05/2023
  • 4 Beds
  • 1.5 Baths
  • 2,409 Sq.Ft.
Sold
$4,800,000 Sold Price as of 01/05/2023 Refinance Your Mortgage

Map preview of 218 Diamond Ave, Newport Beach, CA 92662

Property Overview: 218 Diamond Ave Newport Beach, CA has 4 bedrooms, 1.5 bathrooms, 2,409 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Coastal elegance meets charm and luxury in this stunning custom home situated on one of the most coveted streets on Balboa Island. Designed for the quintessential Southern California lifestyle every buyer dreams of! The property was crafted to meet the needs of today’s homeowner by seamlessly blending smart modern amenities with an ideal floorplan that effortlessly flows from one room to the next. The oversized square footage is comprised of 4 en-suite bedrooms, 4.5 bathrooms, and an elevator servicing all three levels. Lending to the indoor-outdoor lifestyle, sliding glass doors expand merging the expansive front veranda with the spacious interior of the home’s main level. French white oak flooring flows throughout, accenting the entertaining space, temperature-controlled wine cellar and exquisite chef’s kitchen, where no detail was spared. Additional features include interior staircase lighting, electric blinds in all rooms, built in overhead heat lamps on veranda, highly designed finishes and fixtures around every corner, fire sprinklers throughout, and a cooling outdoor shower to follow a long beach day. Three of the bedrooms are located on the second level and the fourth bedroom is found on the third level. The primary suite features soaring vaulted ceilings, beautiful natural light, a large walk-in closet, spa-inspired bathroom and a private balcony for intimate evenings or a morning cup of coffee. Entertain among sunsets and panoramic views on the rooftop deck spanning the entirety of the home. Perfectly designed for small gatherings or frequent barbeques, hosting is made easy with the convenient outdoor wet bar, built-in fridge, and exterior TV mount. Positioned in the heart of the island, the home location sits on an extra wide street and makes for an easy stroll to the quaint village on Marine Avenue and the ferry to Balboa Peninsula. Experience true coastal living at its finest - swimming, surfing, boating, paddle boarding, biking, access to premium restaurants & shopping, and just a short walk to breathtaking California beaches. An unmatched property you’ll have to see to believe!

Listed by Mary Giacchino | BRE #00933852 | Seven Gables Real Estate
Last checked: 2 minutes ago | Last updated: January 6th, 2023 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
2020
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC22115728
City
Newport Beach
County
Orange
Time on Site
639 days

Virtual Tour

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Property Details for 218 Diamond Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Inside, Upper Level, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Gas Starter
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Flooring: Tile, Wood
  • All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Built-in Trash/Recycling, Kitchen Island, Pots & Pan Drawers, Quartz Counters, Self-closing drawers, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (3/4): 3
Interior Features
  • Balcony, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, Elevator, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Levels: Three Or More
  • Window Features: Blinds, Screens
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio, Patio Open, Front Porch, Roof Top
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage Door Opener, No Driveway
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05009305
  • Year Built Source: Builder
  • Architectural Style: Custom Built, Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: Accessible Elevator Installed
  • Offered With Property: Washer/Dryer and Fridge
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Property located on the Island , Make a right on Balboa and left on Diamond Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Biking, Sidewalks, Street Lights
View more facts & features

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Sale History for 218 Diamond Ave

Last sold for $4,800,000 on January 5th, 2023
  • January, 2023

  • Jan 5, 2023

    Date

    Sold

    CRMLS: OC22115728

    $4,800,000

    Price

  • Jul 22, 2022

    Date

    Active

    CRMLS: OC22115728

    $5,195,000

    Price

  • January, 2021

  • Jan 20, 2021

    Date

    Sold

    CRMLS: NP20165895

    $3,815,000

    Price

  • Dec 18, 2020

    Date

    Pending

    CRMLS: NP20165895

    $3,995,000

    Price

  • Dec 5, 2020

    Date

    Active Under Contract

    CRMLS: NP20165895

    $3,995,000

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: NP20165895

    $3,995,000

    Price

  • Aug 17, 2020

    Date

    Coming Soon

    CRMLS: NP20165895

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    This stunning new custom construction is designed for Island living at its best. Renowned architect Mark Teale along with Montgomery Design seamlessly blend traditional beach house charm with smart modern amenities. The pair were able to create a dream home with oversized square footage comprised of 4 en-suite bedrooms, 4.5 baths, and ELEVATOR that services all 3 levels. Lending to the open-concept layout, sliding doors merge the oversized front veranda with the spacious interiors of the home’s main level. Here, French white oak wood floors accent the entertaining space including a chef’s kitchen, temperature-controlled wine cellar, and powder room. Three bedrooms grace the second floor including the master suite with its spa-inspired bath, large walk-in closet and private balcony. The 4th bedroom is on third floor along with a rooftop deck spanning the entire footprint of the home, panoramic views, and covered outdoor logia with bar, sink and refrigerator. Additional highlights include a second floor laundry room, outdoor shower, state of the art smart-home technology, and over 1,100 SF of patios, decks, and loggia space. Perched proudly in the middle and highest part of the Island, the home’s location on an extra wide street is an easy stroll to both the quaint village on Marine Avenue and the ferry to Balboa Peninsula.

  • December, 2018

  • Dec 3, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

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Tax History for 218 Diamond Ave

Assessed Value (2020): $2,010,302
Year Land Value Improved Value Assessed Value
2020 $1,750,818 $259,484 $2,010,302

Home Value Compared to the Market

This property vs the competition

218 Diamond Ave sold on January 5, 2023 for 90.4% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $2075.51 per/sqft which puts the price per square foot 93.43% higher than the current median sale per square foot for the city of Newport Beach.

About 218 Diamond Ave

Detailed summary of property

218 Diamond Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 4 bedrooms, 1.5 bathrooms, roughly 2,409 living square feet, and sits on an approximately 2,550 square foot lot. 218 Diamond Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $4,800,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 90.4% higher than the current median priced home. Local homes that are currently for sale include 1027 W Bay Ave #B, 119 Via San Remo and 1237 W Balboa Blvd. While the average home in Newport Beach, CA is selling in 75 days, 218 Diamond Ave has a days on market of 119 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 218 Diamond Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 218 Diamond Ave

Public county record property details
Beds
2
Baths
1
Year built
1928
Sq. Ft.
864
Lot Size
2,550
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
19
APN
050-093-05

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,949,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.