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Sold

314 Alvarado Place sold on August 26, 2020 for $2,060,000, 9.6% below the $2,279,000 asking price after 161 days on the market; it was first listed at $2,395,000. The buyer paid cash. The details are below for reference.

DuplexSold · Aug 26, 2020

314 Alvarado Place, Newport Beach, CA 92661

  • 6 beds
  • 4 baths
  • 2,424 sq ft
  • Built 1946

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$2,060,000

MLS# NP20025269

Subdivision Balboa Peninsula (Residential)

5 duplexes sold in the past 12 months · median $6,600,000

See homes for sale in Balboa Peninsula

The home

About 314 Alvarado Place

314 Alvarado is located on a quiet wide street just a short stroll from the bay and sandy beach on the Balboa Peninsula. Designed by architect Blair Ballard, it has a cool retro vibe with lots of Redwood and glass and was extensively rebuilt/remodeled in 1983. Main unit offers 4 bedrooms (2 on the main level) loft, balcony and porch with bay views, 2 fireplaces, 2 car garage and interior laundry. The sunny back-unit (314.5 Alvarado) has 2 bedrooms, 1 bath, a fireplace and laundry. Flexible floorplan, zoned R1, offers 2 units with great income potential or could easily be converted to a single-family home with 6 bedrooms and a family room. Ideally located just a few doors from the bayfront and close to the Balboa Island Ferry, Fun Zone, iconic beaches, piers, boating, restaurants, fishing, surfing, swimming, biking, etc. Live the California dream..

Property details for 314 Alvarado Place

This 6-bedroom, 4-bath duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,424 square feet of living space. The home was built in 1946. The MLS record lists the assessor parcel number as 048-102-29. Highlights include peek-a-boo bay views, a fireplace, an attached two-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
NP20025269
Year Built
1946
Living Area (sq ft)
2,424
Lot Size (sq ft)
2,178
Lot Size (acres)
0.05
Levels
Three Or More
Bedrooms
6
Full Baths
3
Garage Spaces
2
Parking Spaces
2
View
Bay, Peek A Boo
Parcel Number
04810229
On Market Date
2020-03-03
Listing Terms
Standard

Interior Features

Interior Features
In Law Floorplan, Country Kitchen, Bedroom On Main Level
Appliances
Built In Range, Dishwasher
Flooring
Tile
Heating
Central
Cooling
Central Air
Fireplace
Family Room, Primary Bedroom, Wood Burning
Laundry
In Garage
Main Level Bedrooms
2
Main Level Bathrooms
1
Common Walls
No Common Walls

Exterior Features

Exterior Features
Awnings
Construction
Stucco, Wood Siding
Lot Features
Walkstreet
Parking
Direct Access, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Units
2

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Street Lights, Sidewalks

The record

Property History for 314 Alvarado Place

DateEventPriceNote
Aug 26, 2020 Sold $2,060,000
Aug 13, 2020 Status changed to Pending From Active
Mar 3, 2020 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 314 Alvarado Place

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 30 of 30 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 30 of 30. DSL: AT&T, up to 10 Mbps, at 1 of 30.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003009, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.0 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

314 Alvarado Place is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 314 Alvarado Place

Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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
5
Median price
$6,600,000
Median days on market
31
Median per sq ft
$2,623

Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
5901 Seashore Drive Jul 31, 2026 $9,500,000 3,185 $2,983 40
213 33rd Street May 28, 2026 $2,616,000 1,451 $1,803 7
1204 E Balboa Boulevard Feb 5, 2026 $6,600,000 2,516 $2,623 183
4103 Seashore Jan 8, 2026 $9,200,000 2,724 $3,377 31
4208 River Dec 16, 2025 $4,350,000 1,750 $2,486 6

Schools

School District for 314 Alvarado Place

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 Janice Arrigo of Surterre Properties Inc.

Listing information updated Jun 27, 2026 at 12:43 AM PT. Source: CRMLS.

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