306 Alvarado Place, Newport Beach, CA, 92661

Water Views - Primary on Main

Address

306 Alvarado Place, Newport Beach, CA

Listing Type

Active

Price

$ 2,745,000

Your Agent

Nancy Singh

Sales Associate

925-244-1933

Property Attributes

ID#PW26049798
TypeSingle Family
Listing Status Active
CountyOrange
CityNewport Beach
Area Balboa Peninsula
NeighborhoodBalboa Island - Main Island (BALM)
Zip92661
Style
Year Built1912
Price$ 2,745,000
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage1033
Lot Size0.04 Acres

Data Source:

California Regional MLS (CRMLS)

Property Description

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.

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

General Features

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