308 Grand Canal, Newport Beach, CA 92662
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308 Grand Canal Newport Beach, CA 92662

$7,650,000 Sold Price as of 04/15/2022
  • 3 Beds
  • 4.5 Baths
  • 2,181 Sq.Ft.
Sold
$7,650,000 Sold Price as of 04/15/2022 Refinance Your Mortgage

Map preview of 308 Grand Canal, Newport Beach, CA 92662

Property Overview: 308 Grand Canal Newport Beach, CA has 3 bedrooms, 4.5 bathrooms, 2,181 living square feet and 2,175 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as hand-carved fireplace mantels, bespoke draperies, custom window treatments, wall coverings, and designer faucets/fixtures throughout. Anchored by a custom fireplace, the open-plan living area is accoutered with beamed ceilings, accordion glass doors, stone flooring, built-in shelving, and electric Lutron shades that open to reveal a soothing backdrop of the bay. Outside, entertain and dine al fresco in the heated covered patio made for year-round enjoyment. Tailored to modern tastes, the chef’s kitchen is dressed in stone countertops, subway tile backsplash, white shaker cabinetry, heated floors, and built-in Wolf and Sub-Zero appliances. Rounding out the main level is a breakfast nook, half bath, and 84-bottle wine room with storage racks. A curved wooden staircase rises to the second level where all three generously proportioned en suite bedrooms reside including the opulent fireplace-warmed primary suite equipped with two large walk-in California Closets, spa-like bath outfitted in marble, heated floors, discrete built-in refrigerator, and accordion glass doors that lead to a private wrap-around balcony with heated flooring. Crowning the home on the third floor is an exercise room with an en suite bath and an executive office featuring wood flooring and lighted, built-in display cases and cabinets. Beyond, the view roof deck is the idyllic entertainment venue with covered and uncovered spaces serviced by a kitchenette for easy hosting. Additional highlights include an ELEVATOR servicing all three levels, Control4 AV and lighting system, Hikvision security camera system, Electrolux washer/dryer, TOTO toilet/bidet, and two-car garage with built-in cabinets/storage. Set near picturesque beaches, shopping, dining, Lido House Hotel, and championship golf courses, in an exclusive waterfront community, the dream comes alive at 308 Grand Canal.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Co-listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 42 seconds ago | Last updated: December 2nd, 2023 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
2,175
HOA Dues
$0/mo
Year built
2017
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP22032556
City
Newport Beach
County
Orange
Time on Site
788 days

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Property Details for 308 Grand Canal

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Nook, In Kitchen
  • Flooring: Stone, Wood
  • Exercise Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Double Oven, Freezer, Refrigerator, Warming Drawer
  • Kitchen Island, Kitchen Open to Family Room, Stone Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Built-in Features, Elevator, Pantry, Recessed Lighting
  • Levels: Three Or More
  • Window Features: Blinds, Custom Covering
  • Security Features: Closed Circuit Camera(s), Security System
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05020209
  • Year Built Source: See Remarks
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Little Island (BALL)
  • Directions: Marine Avenue to Balboa turn Left onto Little Island
Neighborhood Information
  • Community Features: Watersports
View more facts & features

Local Newport Beach Agent

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Sale History for 308 Grand Canal

Last sold for $7,650,000 on April 15th, 2022
  • December, 2023

  • Dec 2, 2023

    Date

    Expired

    CRMLS: NP23096571

    $8,395,000

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: NP23096571

    $8,395,000

    Price

  • Listing provided courtesy of CRMLS

    An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as hand-carved fireplace mantels, bespoke draperies, custom window treatments, wall coverings, and designer faucets/fixtures throughout. Anchored by a custom fireplace, the open-plan living area is accoutered with beamed ceilings, accordion glass doors, stone flooring, built-in shelving, and electric Lutron shades that open to reveal a soothing backdrop of the bay. Outside, entertain and dine al fresco in the heated covered patio made for year-round enjoyment. Tailored to modern tastes, the chef’s kitchen is dressed in stone countertops, subway tile backsplash, white shaker cabinetry, heated floors, and built-in Wolf and Sub-Zero appliances. Rounding out the main level is a breakfast nook, half bath, and 84-bottle wine room with storage racks. A curved wooden staircase rises to the second level where all three generously proportioned en suite bedrooms reside including the opulent fireplace-warmed primary suite equipped with two large walk-in California Closets, spa-like bath outfitted in marble, heated floors, discrete built-in refrigerator, and accordion glass doors that lead to a private wrap-around balcony with heated flooring. Crowning the home on the third floor is an exercise room with an en suite bath and an executive office featuring wood flooring and lighted, built-in display cases and cabinets. Beyond, the view roof deck is the idyllic entertainment venue with covered and uncovered spaces serviced by a kitchenette for easy hosting. Additional highlights include an ELEVATOR servicing all three levels, Control4 AV and lighting system, Hikvision security camera system, Electrolux washer/dryer, TOTO toilet/bidet, electric-powered blinds in living room and primary bedroom, and two-car garage with built-in cabinets/storage. Set near picturesque beaches, shopping, dining, Lido House Hotel, and championship golf courses, in an exclusive waterfront community, the dream comes alive at 308 Grand Canal.

  • February, 2022

  • Feb 20, 2022

    Date

    Active

    CRMLS: NP22032556

    $8,495,000

    Price

  • August, 2017

  • Aug 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $4,625,000

    Price

  • May, 2015

  • May 12, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

Show More

Tax History for 308 Grand Canal

Assessed Value (2020): $4,699,917
Year Land Value Improved Value Assessed Value
2020 $3,900,931 $798,986 $4,699,917

Home Value Compared to the Market

This property vs the competition

308 Grand Canal sold on April 15, 2022 for 204.46% 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 $3665.75 per/sqft which puts the price per square foot 241.64% higher than the current median sale per square foot for the city of Newport Beach.

About 308 Grand Canal

Detailed summary of property

308 Grand Canal is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 4.5 bathrooms, roughly 2,181 living square feet, and sits on an approximately 2,175 square foot lot. 308 Grand Canal was first listed on ArdentRealEstateGroup.com on February 20, 2022. The homeowner sold the property for $7,650,000. 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 204.46% higher than the current median priced home. Local homes that are currently for sale include 421 E Edgewater, 421 E Edgewater and 417 E Balboa Blvd. While the average home in Newport Beach, CA is selling in 76 days, 308 Grand Canal has a days on market of 44 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 308 Grand Canal 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 308 Grand Canal

Public county record property details
Beds
2
Baths
3
Year built
2015
Sq. Ft.
2,408
Lot Size
2,175
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
050-202-09

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
$3,995,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
10
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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Related Resources to 308 Grand Canal

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.