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1611 Balboa Ave, Newport Beach, CA 92662

Sale Price: $3,400,000
Apr 16, 20241,357 sqft3 beds2 baths
Listed by: Donald Abrams
License #: 01234323
Phone #: 949-675-4822
Abrams Coastal Properties
Source:
CRMLS Logo
MLS #: NP24047909

Property Description

Here is the quintessential Balboa Island cottage, strategically perched on a sunny Bay-view corner lot on the peaceful and serene Little Island. The spacious, elevated brick-lined front patio opens into the home through a Dutch door or multi-panel sliding doors. The expansive living and dining areas then lead to an updated chef's kitchen, all with stunning water views. The second level showcases 3 bedrooms with vaulted beamed ceilings, including the oversized primary suite with its own generous balcony. Among the home's many fine attributes are quartz counters, central A/C, luxury vinyl floors, and a two-car garage. Both the patio and upper deck provide front-row views of Newport Harbor without the inconvenience of pedestrian boardwalk traffic. Little Balboa Island has underground utilities, wide streets, lots of fresh salt air and sunshine. Don't miss this wonderful 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

$60,087

TurboHome Estimated Value

$3,725,400

$2,745 sqft

High Valuation
$3,911,670
$2883/sqft
Normal Valuation
$3,725,400
$2745/sqft
Low Valuation
$3,539,130
$2608/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2745/sqft$3,725,400

Neighborhood: Balboa Island - Little Island (BALL)

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Comparative Value

$3.40M

$3.70M

$5.20M

1611 Balboa Ave, Newport Beach, CA 92662

Sale Price: $3,400,000

Selected Comparable

1611 Balboa Ave, Newport Beach, CA 92662

List Price: $3,445,000

Subject Property

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,500,000

Selected Comparable

521 Carnation Ave, Corona Del Mar, CA 92625

Sale Price: $3,700,000

Selected Comparable

2125 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,785,685

Selected Comparable

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $5,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1611 Balboa Ave, Newport Beach, CA 92662

1611 Balboa Ave, Newport Beach, CA 92662

List: $3,445,000

Listed: 4/16/2024

Area:1,357 sqft
Price/sqft:$2,539
Beds:3
Baths:2
Year Built:
Lot Size:1,500

Comparable Properties

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

1611 Balboa Ave, Newport Beach, CA 92662

Sale: $3,400,000

9/18/20240.00 mi

Area:1,357 sqft
Price/sqft:$2,506
Beds:3
Baths:2
Year Built:
Weight:22.5%
1309 E Balboa Blvd, Newport Beach, CA 92661

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale: $5,200,000

4/1/20250.61 mi

Area:1,316 sqft
Price/sqft:$3,951
Beds:3
Baths:2
Year Built:
Weight:21.8%
2004 E Ocean Blvd, Newport Beach, CA 92661

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,500,000

11/27/20240.70 mi

Area:1,176 sqft
Price/sqft:$2,976
Beds:3
Baths:2
Year Built:
Weight:19.4%
521 Carnation Ave, Corona Del Mar, CA 92625

521 Carnation Ave, Corona Del Mar, CA 92625

Sale: $3,700,000

5/6/20250.76 mi

Area:1,356 sqft
Price/sqft:$2,729
Beds:4
Baths:2
Year Built:
Weight:18.7%
2125 Miramar Dr, Newport Beach, CA 92661

2125 Miramar Dr, Newport Beach, CA 92661

Sale: $3,785,685

11/15/20240.75 mi

Area:1,426 sqft
Price/sqft:$2,655
Beds:3
Baths:3
Year Built:
Weight:17.6%

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