313 Coral Ave, Newport Beach, CA 92662
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313 Coral Ave Newport Beach, CA 92662

$4,800,000 Sold Price as of 05/04/2022
  • 3 Beds
  • 3.5 Baths
  • 2,318 Sq.Ft.
Sold
$4,800,000 Sold Price as of 05/04/2022 Refinance Your Mortgage

Map preview of 313 Coral Ave, Newport Beach, CA 92662

Property Overview: 313 Coral Ave Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 2,318 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: Submitted for comp purposes only. Exemplifying coastal elegance with an iconic Cape-Cod aesthetic, 313 Coral offers island living at its finest. With its open interior and casual sophistication, this impeccably designed Balboa Island residence provides a variety of light-filled spaces for day-to-day living and festive entertaining, all unfolding in an easy flow. The residence offers three en suite bedrooms, three and a half bathrooms, gourmet kitchen, home office, an expansive rooftop deck with loggia, an elevator to all levels, full laundry room and a two-car garage. No cost was spared in the design and construction with only the finest of materials and craftsmanship used and the greatest attention to detail. Situated on one of the most coveted streets on Balboa Island, the property is a short stroll or bike ride from the famed Marine Avenue boutiques, restaurants and coffee shops.

Listed by Brad Hinman | BRE #01186277 | Compass
Last checked: 8 minutes ago | Last updated: October 6th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
2014
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP22058725
City
Newport Beach
County
Orange
Time on Site
869 days

Property Details for 313 Coral Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Fireplace(s), Forced Air, Zoned
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Family Kitchen
  • Flooring: See Remarks
  • All Bedrooms Up, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Range Hood, Refrigerator, Tankless Water Heater, Water Purifier
  • Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Quartz Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Bar, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Chair Railings, Elevator, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Wainscoting
  • Levels: Two, Three Or More
  • Window Features: Double Pane Windows
  • Security Features: Security System
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Brick
  • Has Spa
  • Spa Features: Above Ground, Roof Top
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Deck, Patio, 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 - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped, Sprinkler System, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05013225
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Entry Level: 1
  • Foundation Details: None
  • 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
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Main st. R. on Balboa Ave. R. to Coral. 313 Coral in on the Right, but a one way st.
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

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Sale History for 313 Coral Ave

Last sold for $4,800,000 on May 4th, 2022
  • May, 2022

  • May 4, 2022

    Date

    Active

    CRMLS: NP22058725

    $4,800,000

    Price

  • May 4, 2022

    Date

    Sold

    CRMLS: NP22058725

    $4,800,000

    Price

  • January, 2013

  • Jan 31, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2012

  • May 1, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 313 Coral Ave

Assessed Value (2020): $2,214,210
Year Land Value Improved Value Assessed Value
2020 $1,499,702 $714,508 $2,214,210

Home Value Compared to the Market

This property vs the competition

313 Coral Ave sold on May 4, 2022 for 74.55% higher than the current median sold price for the city of Newport Beach which is $2,750,000. The median sold price per/sqft for Newport Beach is $1,406 and this home is sold at $2070.75 per/sqft which puts the price per square foot 47.28% higher than the current median sale per square foot for the city of Newport Beach.

About 313 Coral Ave

Detailed summary of property

313 Coral Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 3.5 bathrooms, roughly 2,318 living square feet, and sits on an approximately 2,550 square foot lot. 313 Coral Ave was first listed on ArdentRealEstateGroup.com on May 4, 2022. The homeowner sold the property for $4,800,000. Home in Newport Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,406. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 74.55% higher than the current median priced home. Local homes that are currently for sale include 1620 Lincoln Ln, 35 Rue Fontainbleau and 1237 W Balboa Blvd. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. For more information on this home for sale at 313 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 313 Coral Ave

Public county record property details
Beds
3
Baths
3
Year built
2013
Sq. Ft.
2,567
Lot Size
2,550
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
29
APN
050-132-25

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
$4,800,000
Median List Price/Sq.Ft.
$2,329
Median Sold Price
$4,937,500
Median Sold Price/Sq.Ft.
$2,163
Total Inventory
17
Median Sale to List Price %
89.85%
Avg Days on Market
61
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 313 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.