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221 Abalone Ave, Newport Beach, CA 92662

Sale Price: $3,300,000
Jan 8, 20252,094 sqft4 beds4 baths
Listed by: Michael Mullen
License #: 01311226
Phone #: 949-285-6906
Surterre Properties Inc.
Source:
CRMLS Logo
MLS #: NP25005098

Property Description

This lovely "Little Island" home has been upgraded over the years to include 4 bedrooms and 3.5 baths in over 2000 sq. ft. This prime location on Little Balboa Island gets the owner away from the crowds and traffic of the main island in a classic Balboa Island home. The living room features a cozy brick fireplace that is adjacent to the kitchen area. In the kitchen there are granite countertops and upgraded stainless steel appliances with a Wolf Range and dual Bosch ovens and a Bosch dishwasher. Two of the bedrooms are located downstairs the larger one with an ensuite 3/4 bath and a good sized closet. The second downstairs bedroom is perfect for an in home office. Upstairs the smaller bedroom also features an ensuite full bath and a walk in closet. The large upstairs main bedroom has a fireplace and a good sized main bathroom with dual vanities and a newer tile flooring. There is also a large walk in closet attached to the main bathroom. The main bedroom opens via a sliding door to a good sized sun deck and there is even an upper deck accessible from the main upstairs deck. The home has recently been painted on the exterior and the roof is brand new as well. All of the fences have recently been replaced as well. There are recently installed storage cabinets and an epoxy floor in the garage to boot. All in all little island homes do not come on the market that often and this one represents a great opportunity to live the Balboa Island lifestyle in a very comfortable good sized home!
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

$39,549

TurboHome Estimated Value

$3,067,800

$1,465 sqft

High Valuation
$3,221,190
$1538/sqft
Normal Valuation
$3,067,800
$1465/sqft
Low Valuation
$2,914,410
$1392/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1465/sqft$3,067,800

Neighborhood: Balboa Island - Little Island (BALL)

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Comparative Value

$3.30M

$3.45M

$3.50M

$3.80M

$3.90M

$4.00M

221 Abalone Ave, Newport Beach, CA 92662

Sale Price: $3,300,000

Selected Comparable

110 Coral Ave, Newport Beach, CA 92662

Sale Price: $3,447,500

Selected Comparable

221 Abalone Ave, Newport Beach, CA 92662

List Price: $3,499,000

Subject Property

307 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $3,800,000

Selected Comparable

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale Price: $3,896,188

Selected Comparable

130 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $4,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
221 Abalone Ave, Newport Beach, CA 92662

221 Abalone Ave, Newport Beach, CA 92662

List: $3,499,000

Listed: 1/8/2025

Area:2,094 sqft
Price/sqft:$1,671
Beds:4
Baths:4
Year Built:
Lot Size:2,400

Comparable Properties

COMPARABLE
Choose comps
221 Abalone Ave, Newport Beach, CA 92662

221 Abalone Ave, Newport Beach, CA 92662

Sale: $3,300,000

2/25/20250.00 mi

Area:2,094 sqft
Price/sqft:$1,576
Beds:4
Baths:4
Year Built:
Weight:24.1%
307 Sapphire Ave, Newport Beach, CA 92662

307 Sapphire Ave, Newport Beach, CA 92662

Sale: $3,800,000

4/8/20250.31 mi

Area:2,130 sqft
Price/sqft:$1,784
Beds:4
Baths:4
Year Built:
Weight:23.6%
1300 Santanella Ter, Corona Del Mar, CA 92625

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale: $3,896,188

1/6/20250.33 mi

Area:2,152 sqft
Price/sqft:$1,810
Beds:3
Baths:4
Year Built:
Weight:18.7%
130 E Balboa Blvd, Newport Beach, CA 92661

130 E Balboa Blvd, Newport Beach, CA 92661

Sale: $4,000,000

10/2/20240.98 mi

Area:2,681 sqft
Price/sqft:$1,492
Beds:4
Baths:4
Year Built:
Weight:16.8%
110 Coral Ave, Newport Beach, CA 92662

110 Coral Ave, Newport Beach, CA 92662

Sale: $3,447,500

10/21/20240.27 mi

Area:2,509 sqft
Price/sqft:$1,374
Beds:4
Baths:5
Year Built:
Weight:16.8%

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