$1,700,000
2Beds2Baths1,120SqFt
600 E Oceanfront 1DNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
316 Island Avenue sold on May 17, 2021 for $2,395,000, at the asking price after 8 days on the market. The buyer financed the purchase. The details are below for reference.
316 Island Avenue, Newport Beach, CA 92661
- 4 beds
- 3 baths
- 2,006 sq ft
- 2,100 sq ft lot
- Built 1991
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$2,395,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
The home
About 316 Island Avenue
Few locations on the Balboa Peninsula can rival Island Avenue for fun, convenience and a great neighborhood feeling. Located mid-peninsula, within an easy walk of the 7th Street and E Edgewater beaches, Newport Harbor Yacht Club, the Balboa Library, the “world famous” Fun Zone and Lombardy’s market, this charming traditional home with a Cape Cod exterior features a great room with a fireplace, great natural light, high-ceilings, a dining area, a kitchen with granite countertops and stainless appliances, a downstairs bedroom, full bath, laundry area, two-car garage, and a handsome elevated streetside patio. The upstairs of the home is highlighted by the big master suite with a fireplace, vaulted ceilings, large bathroom with a double vanity and walk-in closet; in addition, there are two bedrooms with a hall bath. There is also a potting shed, outdoor shower and a big rooftop deck that captures the sea breezes and sunset views and is ready for any type of entertaining. All of the fun of Newport Beach is out your door: swimming, sailing, paddleboarding, surfing, playing volleyball, biking or strolling the beach boardwalk, or enjoying the fine dining, bars, nightlife and fun shops of the Newport and Balboa Piers and Lido Village. The Island Avenue neighbors are a spirited and welcoming group and ready to embrace the new buyers at their many annual get-togethers.
Property details for 316 Island Avenue
This 4-bedroom, 3-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,006 square feet of living space on a 2,100-square-foot lot. The home was built in 1991. The MLS record lists the assessor parcel number as 048-051-12. Highlights include peek-a-boo ocean views, a fireplace, an attached two-car garage, and Cape Cod architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG21077521
- Year Built
- 1991
- Living Area (sq ft)
- 2,006
- Lot Size (sq ft)
- 2,100
- Lot Size (acres)
- 0.0482
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 3
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Ocean, Peek A Boo, Water
- Parcel Number
- 04805112
- On Market Date
- 2021-04-13
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Balcony, Cathedral Ceilings, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Bedroom On Main Level, Primary Suite
- Appliances
- Six Burner Stove, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Range Hood, Trash Compactor
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- None
- Fireplace
- Gas, Living Room, Primary Bedroom
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Common Walls
- No Common Walls
- Doors
- Sliding Doors
- Accessibility
- None
Exterior Features
- Architectural Style
- Cape Cod, Traditional
- Roof
- Other
- Construction
- Wood Siding, Copper Plumbing
- Foundation
- Slab
- Lot Features
- Cul De Sac, Rectangular Lot
- Patio and Porch
- Deck, Porch
- Parking
- Door Single, Garage
- Fencing
- New Condition
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities
- Faces
- West
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Street Lights, Sidewalks
The record
Property History for 316 Island Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| May 17, 2021 | Sold | $2,395,000 | |
| Apr 22, 2021 | Status changed to Active Under Contract | From Active | |
| Apr 13, 2021 | Listed for sale | $2,395,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 316 Island Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 28 of 32 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 32. Cable: Spectrum, up to 1,000 Mbps, at 32 of 32.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003006, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 miles away (Tesla Destination, 1 Level 2 port). 156 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
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Selling near 316 Island Avenue
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 27
- Median price
- $7,300,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1123 E Balboa | Oct 25, 2026 | $10,900,000 | 2,851 | $3,823 | 36 |
| 915 W Bay Avenue | Oct 19, 2026 | $4,921,000 | 2,270 | $2,168 | 3 |
| 3603 Lake Avenue | Oct 5, 2026 | $4,550,000 | 2,200 | $2,068 | 0 |
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 316 Island Avenue
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Steve High of Villa Real Estate
Listing information updated May 17, 2021 at 1:58 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.