Property Description
Outstanding Island duplex cottage in excellent location. This home provides a classic Island design with an abundance of flexibility. The home has 6 total bedrooms, 4.5 total baths, two-car garage, and two short-term lodging permits. The main house has 3 bedrooms, including two on the main level, one and a half baths, updated kitchen, A/C, as well as a large front patio. The expansive rear unit includes 3 bedrooms, 2.5 baths, a main floor entrance and bedroom as well as a fantastic living area with vaulted ceilings, updated kitchen, A/C, patio, and more. The home also has a spacious two-car garage, enclosed outdoor shower, and is conveniently located just four doors from the Bay as well on the quiet west end of the Island where the utilities have already been ungrounded. The home also includes TWO short term rental permits which provides the new owner with a rare opportunity to use this home as either a main house, second home, or investment property.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$63,456
TurboHome Estimated Value
$3,712,700
$1,497 sqft
High Valuation
$3,898,335
$1572/sqft
Normal Valuation
$3,712,700
$1497/sqft
Low Valuation
$3,527,065
$1422/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $1497/sqft | $3,712,700 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Balboa Island - Main Island (BALM)
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Comparative Value
$3.19M
$3.38M
$3.50M
$3.80M
227 Agate Ave, Newport Beach, CA 92662
List Price: $3,195,000
Subject Property
227 Agate Ave, Newport Beach, CA 92662
Sale Price: $3,375,000
Selected Comparable
1607 W Balboa Blvd, Newport Beach, CA 92663
Sale Price: $3,500,000
Selected Comparable
402 Goldenrod Ave, Corona Del Mar, CA 92625
Sale Price: $3,800,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT227 Agate Ave, Newport Beach, CA 92662
List: $3,195,000
Listed: 9/19/2024
Area:2,480 sqft
Price/sqft:$1,288
Beds:6
Baths:6
Year Built:—
Lot Size:2,550
Comparable Properties
COMPARABLEChoose comps
227 Agate Ave, Newport Beach, CA 92662
Sale: $3,375,000
10/16/2024 • 0.00 mi
Area:2,480 sqft
Price/sqft:$1,361
Beds:6
Baths:6
Year Built:—
Weight:44.7%
1607 W Balboa Blvd, Newport Beach, CA 92663
Sale: $3,500,000
12/13/2024 • 1.49 mi
Area:3,327 sqft
Price/sqft:$1,052
Beds:6
Baths:6
Year Built:—
Weight:29.6%
402 Goldenrod Ave, Corona Del Mar, CA 92625
Sale: $3,800,000
2/5/2025 • 1.42 mi
Area:2,680 sqft
Price/sqft:$1,418
Beds:5
Baths:5
Year Built:—
Weight:25.7%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
227 Agate Ave, Newport Beach, CA 92662 | $3,195,000 | 2,480 | $1,288 | 2,550 | — | 9/19/2024 | 6 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
227 Agate Ave, Newport Beach, CA 92662 | $3,375,000 | 2,480 | $1,361 | 2,550 | 0.00 mi | 10/16/2024 | 6 | 6 | — | 44.7% | |
1607 W Balboa Blvd, Newport Beach, CA 92663 | $3,500,000 | 3,327 | $1,052 | 2,562 | 1.49 mi | 12/13/2024 | 6 | 6 | — | 29.6% | |
402 Goldenrod Ave, Corona Del Mar, CA 92625 | $3,800,000 | 2,680 | $1,418 | 3,485 | 1.42 mi | 2/5/2025 | 5 | 5 | — | 25.7% |
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