306 Alvarado Place Newport Beach CA 92661 | MLS #PW26049798

306 Alvarado Place
Newport Beach, CA, 92661
$2,745,000
3 Beds
2 Baths
1,033 SqFt
0.04 Acres
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MLS #PW26049798 image #0
Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe.
Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence.

The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area.

The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout.
The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer.

Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach.

There is room to accommodate a a car on the back patio. The space is approximately 10′ x 20′. See photos.

The owner may consider leasing the property.

Property Details

Price:
$2,745,000
MLS #:
PW26049798
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Balboa Island – Main Island BALM
Neighborhood:
npbalboapeninsula
Listed Date:
Mar 6, 2026
Finished Sq Ft:
1,033
Lot Size:
1,742 sqft / 0.04 acres (approx)
Year Built:
1912
BungalowNp – Balboa PeninsulaNpbalboapeninsulaBalboa Island – Main Island BalmNewport Mesa UnifiedBay

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Schools

School District:
Newport Mesa Unified

Interior

Appliances
Disposal, Refrigerator, Free-Standing Range, Gas Range, Dishwasher
Bathrooms
2 Three Quarter Bathrooms
Cooling
Central Air
Flooring
Laminate
Heating
Central
Interior Features
Beamed Ceilings, Furnished, Living Room Deck Attached, Recessed Lighting, Open Floorplan, Stone Counters
Laundry Features
Laundry Room, Stackable
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
3

Exterior

Accessibility Features
None
Architectural Style
Bungalow
Common Walls
No Common Walls
Community Features
Curbs, Biking, Fishing, Sidewalks
Construction Materials
Wood Siding
Direction Faces
North
Exterior Features
Awning(s), Barbecue
Lot Features
Level with Street
Open Parking YN
1
Parking Features
Carport, Other, On Street
Patio And Porch Features
Covered, Front Porch, Concrete, Patio, Deck
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
Above Ground
Stories
1
View
Bay
Waterfront Features
Ocean Access, Across the Road from Lake/Ocean
Window Features
Double Pane Windows, Plantation Shutters, Blinds

Financial

Map

Community

Subdivisions in Newport Beach

Market Summary

Current real estate data for Single Family in Newport Beach as of Oct 20, 2026
217
Single Family Listed
100
Avg DOM
2,255
Avg $ / SqFt
$7,709,053
Avg List Price

Property Summary

    Located in the Balboa Island – Main Island (BALM) subdivision, 306 Alvarado Place Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $2,745,000 and features 3 beds, 2 baths, and has approximately 1,033 square feet of living space, and was originally constructed in 1912. The current price per square foot is $2,657. The average price per square foot for Single Family listings in Newport Beach is $2,255. The average listing price for Single Family in Newport Beach is $7,709,053. To schedule a showing of MLS#pw26049798 at 306 Alvarado Place in Newport Beach, CA, contact your Compass agent at 310.409.7242.

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