306 Alvarado Place

Newport Beach, CA
$ 2,745,000 Beds 3 Baths 2 Sq 1,033
Monthly Estimate* How much can I afford?

Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe. Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence. The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area. The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout. The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer. Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach. There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos. The owner may consider leasing the property.

Active

  • Price
  • $ 2,745,000
  • City
  • Newport Beach
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Orange
  • Half Bathrooms
  • 0
  • Area
  • Balboa Peninsula
  • Lot Size
  • 0.04 Acres
  • Zip
  • 92661
  • Sqr Footage
  • 1,033
  • Year Built
  • 1912
  • Style
  • MLS#
  • PW26049798
Listed By: Casey Brookman with Kott & Company, Inc.; 714-993-7005
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1033
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Negotiable
Roof Composition
Appliances Dishwasher,Free-Standing Range,Disposal,Gas Range,Refrigerator
Patio/Porch Features Concrete,Covered,Deck,Front Porch,Patio
Architectural Style Bungalow
Pool Features None
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1912
Electric Standard
View Bay
Stories Count 1
Levels One
Property Subtype Single Family Residence
Waterfront Features Across the Road from Lake/Ocean,Ocean Access
Community Features Biking,Curbs,Fishing,Sidewalks
Accessibility None
County Orange
New Construction false
Property Type Residential
HOA false
Subdivision Name Balboa Island - Main Island (BALM)
Facing Direction North
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Take E Balboa Blvd and Turn left on Coronado St, Left on E Bay Ave and Right on Alvarado Pl
City Newport Beach
Entry Location Front Deck
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 1742
Carport Y/N true
Listing Terms Cash,Cash to New Loan
Spa Features Above Ground
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N true
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 56
Property Sub Type Additional Single Family Residence
PostalCity NEWPORT BEACH

Interior Features

Interior Amenities Beamed Ceilings,Breakfast Bar,Furnished,Living Room Deck Attached,Open Floorplan,Stone Counters,Recessed Lighting,All Bedrooms Down,Main Level Primary,Primary Suite,Walk-In Closet(s)
Flooring Laminate
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Double Pane Windows,Plantation Shutters
Fireplace Y/N true
3/4 Baths 2
Laundry Features Laundry Room,Stacked
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Awning(s),Barbecue
Parking Features Carport,Other,On Street
Lot Features Street Level
Water Source Public
Lot Size Area 1742
Foundation Details Raised
Spa true
Lot Size Acres 0.04
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/6/2026 Listed $2,895,000
4/8/2026 2% - $2,845,000
6/23/2026 2% - $2,795,000
7/31/2026 2% - $2,745,000

Property vs Zip Code Average in 92661

Price
AVG $11.19M
$2.75M
Year Built
AVG 1983
1912

In The Neighborhood

Areas That We Cover

306 Alvarado Place Newport Beach, CA is a Single Family Home for sale at $2745000 with 1033 sqft and a lot size of 0.04 Acres Acre(s). 306 Alvarado Place Newport Beach has 3 bedrooms, 2 baths and was built in 1912. The property's zip code is 92661 which is in Newport Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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