300 Coral Ave, Newport Beach, CA 92662
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300 Coral Ave Newport Beach, CA 92662

$4,450,000 Sold Price as of 04/04/2024
  • 5 Beds
  • 3.25 Baths
  • 2,244 Sq.Ft.
Sold
$4,450,000 Sold Price as of 04/04/2024 Refinance Your Mortgage

Map preview of 300 Coral Ave, Newport Beach, CA 92662

Property Overview: 300 Coral Ave Newport Beach, CA has 5 bedrooms, 3.25 bathrooms, 2,244 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Outstanding Balboa Island corner duplex at an excellent location a few blocks from the village center. Extensively remodeled in 2021 and infused with light, this beautiful property offers 3 bedrooms and 3 baths in the main home and 2 bedrooms and a bath in the rear unit. The first level of the main home provides a large great room with fireplace; chefs' kitchen with quartz counters, Bertazzoni range, Dacor ovens, dishwasher & refrigerator, and a bedroom suite. There is also a spacious front patio and a side patio with substantial dining space; both patios open with smooth bi-fold door systems. The second level of the main home showcases 2 more bedrooms with vaulted ceilings including a deluxe primary suite and a guest bedroom with its own balcony. The rear unit includes a living/dining space, separate kitchen, two bedrooms, 3/4 bath, and its own balcony. Both units have oak floors, AC, and their own laundry rooms. The two-car garage provides the opportunity to park a third car in front of the garage. Explore the best of Balboa Island in this wonderful home!

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 13 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1946
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP24030175
City
Newport Beach
County
Orange
Time on Site
84 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $12,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 300 Coral Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Outside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Jack & Jill, Main Floor Bedroom, Primary Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Gas Oven, Gas Cooktop
Interior Features
  • 2 Staircases
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle, Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05013121
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine to right on Balboa Ave to Coral Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Watersports
View more facts & features

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Sale History for 300 Coral Ave

Last sold for $4,450,000 on April 4th, 2024
  • April, 2024

  • Apr 4, 2024

    Date

    Sold

    CRMLS: NP24030175

    $4,450,000

    Price

  • Feb 12, 2024

    Date

    Active

    CRMLS: NP24030175

    $4,695,000

    Price

  • April, 2024

  • Apr 4, 2024

    Date

    Sold

    CRMLS: NP24030117

    $4,450,000

    Price

  • Feb 12, 2024

    Date

    Active

    CRMLS: NP24030117

    $4,695,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2024

  • Feb 12, 2024

    Date

    Canceled

    CRMLS: NP24030150

    $4,695,000

    Price

  • Feb 12, 2024

    Date

    Active

    CRMLS: NP24030150

    $4,695,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 31, 2024

    Date

    Canceled

    CRMLS: NP23205242

    $4,850,000

    Price

  • Nov 14, 2023

    Date

    Active

    CRMLS: NP23205242

    $4,850,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 31, 2024

    Date

    Canceled

    CRMLS: NP23217485

    $4,850,000

    Price

  • Nov 28, 2023

    Date

    Active

    CRMLS: NP23217485

    $4,850,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2022

  • Aug 10, 2022

    Date

    Sold

    CRMLS: NP22145499

    $4,395,000

    Price

  • Jul 17, 2022

    Date

    Active

    CRMLS: NP22145499

    $4,295,000

    Price

  • Listing provided courtesy of CRMLS

    The perfect sun-filled Balboa Island duplex located on a sunny corner lot. Great for an owner/user or investor. The home has the classic lines of a quintessential Balboa Island cottage, but has been extensively renovated with modern amenities, functional and flowing floor plan and a stylish beach-chic vibe. The front home features exceptional outdoor spaces, and the lower patios are accessed through expansive bi-fold door systems. The front patio is a great space to greet your neighbors, and the large interior courtyard off the kitchen gives a large intimate space to entertain family and friends. The home also has a nice-sized second floor balcony. With three bedrooms and three bathrooms, the front home has ample space for you and your guests to enjoy Balboa Island comfortably. The great room is bordered by both the front patio and interior courtyard. It opens to a well-appointed kitchen with custom cabinetry, Dacor appliances, a free-standing Bertazzoni range, and beautiful quartz counters. Wood flooring is throughout the living areas and bedrooms. The back house is two bedrooms and one bathroom. It is equally impressive and has a great balcony space for outdoor dining and living. Both units have air conditioning and each have their own laundry room. The two-car garage faces Balboa Avenue and allows the occupants to have a third parking space on the street in front of the garage. This is a unique and special opportunity to acquire an amazing renovated corner duplex in an excellent location on Balboa Island.

  • October, 2019

  • Oct 27, 2019

    Date

    Sold

    CRMLS: NP19164702

    $2,000,000

    Price

  • Aug 22, 2019

    Date

    Pending

    CRMLS: NP19164702

    $2,150,000

    Price

  • Jul 30, 2019

    Date

    Active Under Contract

    CRMLS: NP19164702

    $2,150,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: NP19164702

    $2,150,000

    Price

  • Jul 19, 2019

    Date

    Active Under Contract

    CRMLS: NP19164702

    $2,150,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: NP19164702

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous Balboa Island duplex ready for its next owners to enjoy. The main home consists of three or possibly four bedrooms, a large living and dining room, enclosed sunroom off of the kitchen and a spacious second floor deck. The rear one-bedroom unit has wood floors throughout, a charming kitchen and walk in closet. The home is situated on a corner lot providing wonderful sun exposure, with some newer windows and sliding doors, it also has a new furnace and hot water heater in the main home. Located within a few blocks of Balboa Island’s main street with charming shops and restaurants and also close to the the Balboa ferry. This is an ideal location on Balboa’s Island.

  • October, 2019

  • Oct 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,000,000

    Price

  • May, 1999

  • May 12, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 300 Coral Ave

Assessed Value (2020): $2,098,860
Year Land Value Improved Value Assessed Value
2020 $1,993,917 $104,943 $2,098,860

Home Value Compared to the Market

This property vs the competition

300 Coral Ave sold on April 4, 2024 for 26.89% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $2092.25 per/sqft which puts the price per square foot 53.84% higher than the current median sale per square foot for the city of Newport Beach.

About 300 Coral Ave

Detailed summary of property

300 Coral Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 5 bedrooms, 3.25 bathrooms, roughly 2,244 living square feet, and sits on an approximately 2,614 square foot lot. 300 Coral Ave was first listed on ArdentRealEstateGroup.com on February 12, 2024. The homeowner sold the property for $4,450,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 26.89% higher than the current median priced home. Local homes that are currently for sale include 210 Grant St, 1012 & 1018 Mission Dr and 284 Chiquita St. While the average home in Newport Beach, CA is selling in 73 days, 300 Coral Ave has a days on market of 19 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 300 Coral 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 300 Coral Ave

Public county record property details
Beds
--
Baths
--
Year built
1946
Sq. Ft.
2,224
Lot Size
2,354
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
050-131-21

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
$4,850,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 300 Coral Ave

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.