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209 Diamond Ave, Newport Beach, CA 92662

List Price: $4,500,000On Market FlagOn market
May 15, 20251,550 sqft3 beds3 baths
Listed by: Giovanne Helou
License #: 02068352
Phone #: 949-706-4974
The Oppenheim Group
Source:
CRMLS Logo
MLS #: OC25079600

Property Description

Welcome to this enchanting Balboa Island bungalow, where timeless design meets the essence of effortless coastal living. Thoughtfully and COMPLETELY remodeled with the finest finishes, this 3-bedroom, 3-bathroom home is a rare treasure—both inside and out. Set on one of the Island’s most coveted streets, the property features an extraordinary front yard oasis anchored by a stunning brick fireplace—an idyllic setting for sunset gatherings, morning coffee, or relaxed evenings under the stars. Designed with heart and soul, every inch of this home exudes warmth, sophistication and charm. The interior has been fully transformed, blending classic coastal character with elevated modern comforts. From the rich materials to the impeccable craftsmanship, no detail has been overlooked. Whether you're raising a family or enjoying the next chapter as an empty-nester, this home offers a picture-perfect lifestyle. Stroll along the waterfront boardwalk, explore the local boutiques, or enjoy a glass of wine at one of the island’s inviting cafés—everything you love about Balboa Island is just steps from your front door. This is more than just a home. It’s a love letter to island living.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$57,264

TurboHome Estimated Value

$4,158,800

$2,683 sqft

High Valuation
$4,366,740
$2817/sqft
Normal Valuation
$4,158,800
$2683/sqft
Low Valuation
$3,950,860
$2549/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2683/sqft$4,158,800

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$2.77M

$3.20M

$3.40M

$4.50M

$5.20M

339 Onyx Ave, Newport Beach, CA 92662

Sale Price: $2,770,000

Selected Comparable

1517 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,200,000

Selected Comparable

1611 Balboa Ave, Newport Beach, CA 92662

Sale Price: $3,400,000

Selected Comparable

301 Lindo Ave, Newport Beach, CA 92661

Sale Price: $3,400,000

Selected Comparable

209 Diamond Ave, Newport Beach, CA 92662

List Price: $4,500,000

Subject Property

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $5,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
209 Diamond Ave, Newport Beach, CA 92662

209 Diamond Ave, Newport Beach, CA 92662

List: $4,500,000

Listed: 5/15/2025

Area:1,550 sqft
Price/sqft:$2,903
Beds:3
Baths:3
Year Built:
Lot Size:2,550

Comparable Properties

COMPARABLE
Choose comps
1309 E Balboa Blvd, Newport Beach, CA 92661

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale: $5,200,000

4/1/20250.49 mi

Area:1,316 sqft
Price/sqft:$3,951
Beds:3
Baths:2
Year Built:
Weight:21.8%
1611 Balboa Ave, Newport Beach, CA 92662

1611 Balboa Ave, Newport Beach, CA 92662

Sale: $3,400,000

9/18/20240.40 mi

Area:1,357 sqft
Price/sqft:$2,506
Beds:3
Baths:2
Year Built:
Weight:21.1%
1517 Miramar Dr, Newport Beach, CA 92661

1517 Miramar Dr, Newport Beach, CA 92661

Sale: $3,200,000

7/28/20250.56 mi

Area:2,090 sqft
Price/sqft:$1,531
Beds:3
Baths:2
Year Built:
Weight:19.9%
301 Lindo Ave, Newport Beach, CA 92661

301 Lindo Ave, Newport Beach, CA 92661

Sale: $3,400,000

8/27/20240.77 mi

Area:1,732 sqft
Price/sqft:$1,963
Beds:4
Baths:3
Year Built:
Weight:18.7%
339 Onyx Ave, Newport Beach, CA 92662

339 Onyx Ave, Newport Beach, CA 92662

Sale: $2,770,000

11/26/20240.26 mi

Area:1,200 sqft
Price/sqft:$2,308
Beds:2
Baths:3
Year Built:
Weight:18.5%

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