




306 Alvarado Pl, Newport Beach, CA, 92661
About This Home
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 and retractable gate. 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.
Getting Around
Schools
Construction
Condition
- Property condition: Turnkey
- Year built: 1912
Materials
- Foundation: Raised
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Range,Disposal,Gas Range,Refrigerator
- Laundry features: Laundry Room,Stacked
Bathroom
- Features: Bathroom Exhaust Fan,Remodeled,Separate Shower,Upgraded
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Beamed Ceilings,Breakfast Bar,Furnished,Living Room Deck Attached,Open Floorplan,Stone Counters,Recessed Lighting,All Bedrooms Down,Main Level Primary,Primary Suite,Walk-In Closet(s)
- Window features: Blinds,Double Pane Windows,Plantation Shutters
- Flooring: Laminate
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,033 sqft
Kitchen
- Features: Butler's Pantry,Kitchen/Family Room Combo,Stone Counters,Remodeled,Updated Kitchen
Master Bedroom
- Features: Main Level Primary
Master Bedroom
- Features: Primary Suite
Other
- Features: Walk-In Closet(s)
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 04810226
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Front Deck
- Pool features: None
- Patio & porch: Concrete,Covered,Deck,Front Porch,Patio
- Exterior features: Awning(s),Barbecue
- Has spa: Yes
- Spa features: Above Ground
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Across the Road from Lake/Ocean,Ocean Access
Lot
- Lot size: 1,742 sqft
- Features: Street Level
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,880 | $166,560 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $2,424 | $29,088 |
| Electricity | $398 | $4,786 |
| Total | $16,884 | $202,608 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Price change | $2,845,000 |
| 2026-03-06 | Listed for sale | $2,895,000 |
| 2024-10-07 | Sold | $2,660,000 |
| 2024-10-01 | Pending sale | $2,699,900 |
| 2024-09-17 | Contingent | $2,699,900 |
| 2024-09-04 | Price change | $2,699,900 |
| 2024-06-19 | Listed for sale | $2,849,900 |
| 2020-03-20 | Listing removed | $5,950 |
| 2020-02-14 | Listed for rent | $5,950 |
| 2019-11-04 | Listing removed | $5,950 |
| 2019-10-12 | Price change | $5,950 |
| 2019-10-03 | Price change | $6,250 |
| 2019-09-20 | Price change | $6,950 |
| 2019-09-10 | Listed for rent | $7,200 |
| 2019-09-05 | Sold | $1,700,000 |
| 2019-07-08 | Pending sale | $1,750,000 |
| 2019-06-14 | Listed for sale | $1,750,000 |
| 2015-07-15 | Sold | $1,100,000 |
