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305 Grand Canal, Newport Beach, CA 92662

List Price: $949,000On Market FlagOn market
Jul 24, 20252,157 sqft4 beds3 baths
Listed by: Joseph Maehler
License #: 01457093
Phone #: 628-222-3360
Pacaso Inc.
Source:
CRMLS Logo
MLS #: 25569349

Property Description

New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Breezy days await you at Balboa Promenade, a beautifully designed, charming home perched along Balboa Island's main walking route. Step out on your patio for epic people-watching and enjoy an easy 1.5-mile loop around the canal, or take a Duffy for a ride out and see the iconic surf spot, The Wedge. Plus, the home is only minutes away from Newport Beach's pristine coastline, charming boutiques, high-end shops and lively restaurants.The charm continues in the home's great room, with a fireplace, high quality finishes, beamed wood ceilings and multiple doors to the waterfront patio. A dream kitchen, with high-end stainless steel appliances, separates the formal living and dining space from a relaxed family room with doors to a sun-dappled side patio and an outdoor fireplace.The upstairs primary suite is a private enclave, with a fireplace, French doors to a charming deck, and an en suite bathroom featuring a soaking tub, two-sink vanity and tiled shower.The home offers easy access on and off the island through the semi-private alley directly from the two-car garage to the Balboa Bridge. The home comes fully furnished and professionally decorated.
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

$74,781

TurboHome Estimated Value

$2,967,200

$1,376 sqft

High Valuation
$3,115,560
$1444/sqft
Normal Valuation
$2,967,200
$1376/sqft
Low Valuation
$2,818,840
$1307/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1376/sqft$2,967,200

Neighborhood

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Comparative Value

$949K

$3.20M

$3.80M

$4.08M

305 Grand Canal, Newport Beach, CA 92662

List Price: $949,000

Subject Property

1517 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,200,000

Selected Comparable

221 Abalone Ave, Newport Beach, CA 92662

Sale Price: $3,300,000

Selected Comparable

605 Carnation Ave, Corona Del Mar, CA 92625

Sale Price: $3,370,000

Selected Comparable

307 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $3,800,000

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
305 Grand Canal, Newport Beach, CA 92662

305 Grand Canal, Newport Beach, CA 92662

List: $949,000

Listed: 7/24/2025

Area:2,157 sqft
Price/sqft:$440
Beds:4
Baths:3
Year Built:
Lot Size:2,614

Comparable Properties

COMPARABLE
Choose comps
307 Sapphire Ave, Newport Beach, CA 92662

307 Sapphire Ave, Newport Beach, CA 92662

Sale: $3,800,000

4/8/20250.25 mi

Area:2,130 sqft
Price/sqft:$1,784
Beds:4
Baths:4
Year Built:
Weight:22.4%
221 Abalone Ave, Newport Beach, CA 92662

221 Abalone Ave, Newport Beach, CA 92662

Sale: $3,300,000

2/25/20250.07 mi

Area:2,094 sqft
Price/sqft:$1,576
Beds:4
Baths:4
Year Built:
Weight:22.1%
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.32 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:18.9%
1517 Miramar Dr, Newport Beach, CA 92661

1517 Miramar Dr, Newport Beach, CA 92661

Sale: $3,200,000

7/28/20250.60 mi

Area:2,090 sqft
Price/sqft:$1,531
Beds:3
Baths:2
Year Built:
Weight:18.5%
605 Carnation Ave, Corona Del Mar, CA 92625

605 Carnation Ave, Corona Del Mar, CA 92625

Sale: $3,370,000

9/23/20240.87 mi

Area:2,196 sqft
Price/sqft:$1,535
Beds:5
Baths:3
Year Built:
Weight:18.1%

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