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316 Island Ave, Newport Beach, CA 92661
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316 Island Ave Newport Beach, CA 92661

$2,395,000 Sold Price as of 05/17/2021
  • 4 Beds
  • 3 Baths
  • 2,006 Sq.Ft.
Sold
$2,395,000 Sold Price as of 05/17/2021 Refinance Your Mortgage
Map preview of 316 Island Ave, Newport Beach, CA 92661

Property Overview: 316 Island Ave Newport Beach, CA has 4 bedrooms, 3 bathrooms, 2,006 living square feet and 2,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Few locations on the Balboa Peninsula can rival Island Avenue for fun, convenience and a great neighborhood feeling. Located mid-peninsula, within an easy walk of the 7th Street and E Edgewater beaches, Newport Harbor Yacht Club, the Balboa Library, the “world famous” Fun Zone and Lombardy’s market, this charming traditional home with a Cape Cod exterior features a great room with a fireplace, great natural light, high-ceilings, a dining area, a kitchen with granite countertops and stainless appliances, a downstairs bedroom, full bath, laundry area, two-car garage, and a handsome elevated streetside patio. The upstairs of the home is highlighted by the big master suite with a fireplace, vaulted ceilings, large bathroom with a double vanity and walk-in closet; in addition, there are two bedrooms with a hall bath. There is also a potting shed, outdoor shower and a big rooftop deck that captures the sea breezes and sunset views and is ready for any type of entertaining. All of the fun of Newport Beach is out your door: swimming, sailing, paddleboarding, surfing, playing volleyball, biking or strolling the beach boardwalk, or enjoying the fine dining, bars, nightlife and fun shops of the Newport and Balboa Piers and Lido Village. The Island Avenue neighbors are a spirited and welcoming group and ready to embrace the new buyers at their many annual get-togethers.

Listed by Steve High | BRE #00936421 | Villa Real Estate
Co-listed by Evan Corkett | BRE #00468496 | Villa Real Estate
Last checked: 11 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,100
HOA Dues
$0/mo
Year built
1991
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG21077521
City
Newport Beach
County
Orange
Time on Site
1089 days

Virtual Tour

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Property Details for 316 Island Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Gas
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Flooring: Carpet, Tile
  • Main Floor Bedroom, Master Bathroom, Master Suite
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Range Hood, Refrigerator, Trash Compactor
  • Built-in Trash/Recycling, Granite Counters, Stone Counters
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters
  • Levels: Two
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Other
  • Has Fence
  • New Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Peek-A-Boo, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04805112
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod, Traditional
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
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, Phone Connected, Sewer Connected, Underground Utilities
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd to Island Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 316 Island Ave

Last sold for $2,395,000 on May 17th, 2021

  • May, 2021

  • May 17, 2021

    Date

    Sold

    CRMLS: LG21077521

    $2,395,000

    Price

  • Apr 22, 2021

    Date

    Active Under Contract

    CRMLS: LG21077521

    $2,395,000

    Price

  • Apr 14, 2021

    Date

    Active

    CRMLS: LG21077521

    $2,395,000

    Price

  • June, 1999

  • Jun 28, 1999

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

Show More

Tax History for 316 Island Ave

Assessed Value (2020): $996,263
Year Land Value Improved Value Assessed Value
2020 $713,023 $283,240 $996,263

Home Value Compared to the Market

This property vs the competition

316 Island Ave sold on May 17, 2021 for 35.27% lower 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 $1193.92 per/sqft which puts the price per square foot 12.21% lower than the current median sale per square foot for the city of Newport Beach.

About 316 Island Ave

Detailed summary of property

316 Island Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 3 bathrooms, roughly 2,006 living square feet, and sits on an approximately 2,100 square foot lot. 316 Island Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,395,000. 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 35.27% lower than the current median priced home. Local homes that are currently for sale include 304 Flower St, 216 Magnolia St and 257 Esther St. While the average home in Newport Beach, CA is selling in 73 days, 316 Island Ave has a days on market of 8 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 316 Island Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 316 Island Ave

Public county record property details
Beds
3
Baths
3
Year built
1989
Sq. Ft.
2,006
Lot Size
2,100
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
78
APN
048-051-12

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

Thinking of Selling?

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(714) 706-1823

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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.

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