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127 Coral Ave, Newport Beach, CA 92662

List Price: $3,477,000On Market FlagOn market
May 15, 20251,368 sqft3 beds2 baths
Listed by: Jeff Williams
License #: 01198735
Phone #: 949-554-1200
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP25107394

Property Description

Welcome to 127 Coral Avenue, in the heart of Balboa Island, this beautifully classic home is beaming with beach cottage charm. The architectural details are rich with tradition from the shingled exterior and dutch door, to the port hole windows that appoint several rooms. Raised above street level and wrapped with beautifully landscaped brick flowerbeds, this home has major curb appeal. There are three bedrooms, two bathrooms, and a spacious back patio, perfect for soaking in the ocean breeze. The living room draws you in with its cozy fireplace and painted wood vaulted ceiling. The dutch door allows ample natural light and fresh coastal air to flow. Hardwood flooring runs throughout as well as original custom millwork. The soft white plaster walls are the perfect canvas for any design scheme. The central island location offers easy walking access to shops on Marine Ave. 127 Coral Avenue is a true gem, representing quintessential Balboa Island style and impeccably move-in ready in one of Newport Beach’s most sought-after locations. Don’t miss this rare Balboa Island opportunity!
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

$57,825

TurboHome Estimated Value

$3,666,000

$2,680 sqft

High Valuation
$3,849,300
$2814/sqft
Normal Valuation
$3,666,000
$2680/sqft
Low Valuation
$3,482,700
$2546/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2680/sqft$3,666,000

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$2.20M

$2.75M

$3.40M

$3.79M

313 Coronado St, Newport Beach, CA 92661

Sale Price: $2,200,000

Selected Comparable

303 Onyx Ave, Newport Beach, CA 92662

Sale Price: $2,750,000

Selected Comparable

1611 Balboa Ave, Newport Beach, CA 92662

Sale Price: $3,400,000

Selected Comparable

127 Coral Ave, Newport Beach, CA 92662

List Price: $3,477,000

Subject Property

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,500,000

Selected Comparable

2125 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,785,685

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
127 Coral Ave, Newport Beach, CA 92662

127 Coral Ave, Newport Beach, CA 92662

List: $3,477,000

Listed: 5/15/2025

Area:1,368 sqft
Price/sqft:$2,542
Beds:3
Baths:2
Year Built:
Lot Size:2,550

Comparable Properties

COMPARABLE
Choose comps
1611 Balboa Ave, Newport Beach, CA 92662

1611 Balboa Ave, Newport Beach, CA 92662

Sale: $3,400,000

9/18/20240.33 mi

Area:1,357 sqft
Price/sqft:$2,506
Beds:3
Baths:2
Year Built:
Weight:22.7%
313 Coronado St, Newport Beach, CA 92661

313 Coronado St, Newport Beach, CA 92661

Sale: $2,200,000

3/17/20250.62 mi

Area:1,605 sqft
Price/sqft:$1,371
Beds:3
Baths:2
Year Built:
Weight:20.6%
2004 E Ocean Blvd, Newport Beach, CA 92661

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,500,000

11/27/20240.71 mi

Area:1,176 sqft
Price/sqft:$2,976
Beds:3
Baths:2
Year Built:
Weight:20.0%
2125 Miramar Dr, Newport Beach, CA 92661

2125 Miramar Dr, Newport Beach, CA 92661

Sale: $3,785,685

11/15/20240.82 mi

Area:1,426 sqft
Price/sqft:$2,655
Beds:3
Baths:3
Year Built:
Weight:18.7%
303 Onyx Ave, Newport Beach, CA 92662

303 Onyx Ave, Newport Beach, CA 92662

Sale: $2,750,000

4/8/20250.17 mi

Area:1,144 sqft
Price/sqft:$2,404
Beds:2
Baths:2
Year Built:
Weight:18.0%

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