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123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000
Jan 30, 20252,354 sqft3 beds3 baths
Listed by: Shannon Munoz
License #: 02022001
Phone #: 951-553-9997
Allison James Estates & Homes
Source:
CRMLS Logo
MLS #: SW25022435

Property Description

Discover coastal living at its finest in this charming Balboa Island home, just 8 houses from the beach at 123 Diamond Ave, Newport Beach. This 3-bedroom, 3-bathroom residence offers 2,350 square feet of thoughtfully designed living space across three levels, embodying Southern California's laid-back lifestyle. Step into a world where small-town charm meets luxury. Balboa Island's quaint atmosphere invites you to explore the neighborhood on foot, embracing the close-knit community vibe. The open concept first floor welcomes you with a seamless flow between the family room, dining area, and kitchen. Floor-to-ceiling sliding doors in the family room flood the space with light and lead to a cozy front patio, while a fireplace adds warmth. The kitchen features double ovens, a built-in refrigerator, and an oversized island. Hand-crafted solid maple cabinetry provides ample storage and elegance. Ascend the grand spiral staircase to the second floor's oversized master suite. The bedroom basks in natural light, with a private balcony offering ocean peeks. The master bathroom boasts a deep soaking tub, spacious shower, and dual vanity with marble countertops, creating a spa-like retreat. Two additional bedrooms share a balcony with ocean glimpses and a full bath. A kitchenette with sink and refrigerator caters to guests, while a charming spiral staircase offers private access to the side patio below. The third floor reveals a versatile loft space, perfect for reading or yoga, complete with abundant light. A wet bar adds convenience, and access to the rooftop patio unveils breathtaking ocean views. Let your imagination soar as you envision endless possibilities for this outdoor oasis – from sunset cocktails to morning meditations. Additional features include a main floor laundry room and full bathroom. The home's thoughtful design maximizes both functionality and style, ideal for everyday living and entertaining. Located in the heart of Balboa Island, this home offers the perfect blend of privacy and community. Enjoy beach strolls, explore local boutiques and eateries, or relax on your private patios and balconies. With its prime location and luxurious amenities, 123 Diamond Ave presents a rare opportunity to own a slice of paradise in one of Southern California's most coveted coastal communities. Experience the magic of Balboa Island living – where every day feels like a vacation, and the beauty of the coast is always just steps away.
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

$57,510

TurboHome Estimated Value

$3,954,500

$1,680 sqft

High Valuation
$4,152,225
$1764/sqft
Normal Valuation
$3,954,500
$1680/sqft
Low Valuation
$3,756,775
$1596/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1680/sqft$3,954,500

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$3.20M

$3.90M

$4.08M

$4.70M

$5.10M

1517 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,200,000

Selected Comparable

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale Price: $3,896,188

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

List Price: $4,075,000

Subject Property

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

320 Apolena Ave, Newport Beach, CA 92662

Sale Price: $4,700,000

Selected Comparable

308 Collins Ave, Newport Beach, CA 92662

Sale Price: $5,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

List: $4,075,000

Listed: 1/30/2025

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Lot Size:2,550

Comparable Properties

COMPARABLE
Choose comps
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.00 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:23.7%
1517 Miramar Dr, Newport Beach, CA 92661

1517 Miramar Dr, Newport Beach, CA 92661

Sale: $3,200,000

7/28/20250.52 mi

Area:2,090 sqft
Price/sqft:$1,531
Beds:3
Baths:2
Year Built:
Weight:20.1%
308 Collins Ave, Newport Beach, CA 92662

308 Collins Ave, Newport Beach, CA 92662

Sale: $5,100,000

2/21/20250.15 mi

Area:2,494 sqft
Price/sqft:$2,045
Beds:3
Baths:4
Year Built:
Weight:19.9%
1300 Santanella Ter, Corona Del Mar, CA 92625

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale: $3,896,188

1/6/20250.60 mi

Area:2,152 sqft
Price/sqft:$1,810
Beds:3
Baths:4
Year Built:
Weight:18.2%
320 Apolena Ave, Newport Beach, CA 92662

320 Apolena Ave, Newport Beach, CA 92662

Sale: $4,700,000

12/30/20240.23 mi

Area:2,670 sqft
Price/sqft:$1,760
Beds:3
Baths:4
Year Built:
Weight:18.0%

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