Sold
308 Grand Canal sold on April 15, 2022 for $7,650,000, 4.3% below the $7,995,000 asking price after 44 days on the market; it was first listed at $8,495,000. The buyer paid cash. The details are below for reference.
308 Grand Canal, Newport Beach, CA 92662
- 3 beds
- 5 baths
- 2,181 sq ft
- 2,175 sq ft lot
- Built 2017
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$7,650,000
Subdivision Balboa Island - Little Island
7 single-family homes sold in the past 12 months · median $4,500,000
The home
About 308 Grand Canal
An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as hand-carved fireplace mantels, bespoke draperies, custom window treatments, wall coverings, and designer faucets/fixtures throughout. Anchored by a custom fireplace, the open-plan living area is accoutered with beamed ceilings, accordion glass doors, stone flooring, built-in shelving, and electric Lutron shades that open to reveal a soothing backdrop of the bay. Outside, entertain and dine al fresco in the heated covered patio made for year-round enjoyment. Tailored to modern tastes, the chef’s kitchen is dressed in stone countertops, subway tile backsplash, white shaker cabinetry, heated floors, and built-in Wolf and Sub-Zero appliances. Rounding out the main level is a breakfast nook, half bath, and 84-bottle wine room with storage racks. A curved wooden staircase rises to the second level where all three generously proportioned en suite bedrooms reside including the opulent fireplace-warmed primary suite equipped with two large walk-in California Closets, spa-like bath outfitted in marble, heated floors, discrete built-in refrigerator, and accordion glass doors that lead to a private wrap-around balcony with heated flooring. Crowning the home on the third floor is an exercise room with an en suite bath and an executive office featuring wood flooring and lighted, built-in display cases and cabinets. Beyond, the view roof deck is the idyllic entertainment venue with covered and uncovered spaces serviced by a kitchenette for easy hosting. Additional highlights include an ELEVATOR servicing all three levels, Control4 AV and lighting system, Hikvision security camera system, Electrolux washer/dryer, TOTO toilet/bidet, and two-car garage with built-in cabinets/storage. Set near picturesque beaches, shopping, dining, Lido House Hotel, and championship golf courses, in an exclusive waterfront community, the dream comes alive at 308 Grand Canal.
Property details for 308 Grand Canal
This 3-bedroom, 5-bath single-family home sits in the Balboa Island - Little Island neighborhood of Newport Beach in Orange County. It has 2,181 square feet of living space on a 2,175-square-foot lot. The home was built in 2017. The MLS record lists the assessor parcel number as 050-202-09. Highlights include bay views, bay frontage, a fireplace, an attached two-car garage, central air, and a turnkey home.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP22032556
- Year Built
- 2017
- Living Area (sq ft)
- 2,181
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,175
- Lot Size (acres)
- 0.0499
- Levels
- Three Or More
- Bedrooms
- 3
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay
- Parcel Number
- 05020209
- On Market Date
- 2022-02-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Built In Features, Balcony, Breakfast Area, Eat In Kitchen, Elevator, Pantry, Recessed Lighting, Walk In Pantry, Wine Cellar, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Double Oven, Freezer, Refrigerator, Warming Drawer
- Flooring
- Stone, Wood
- Heating
- Central, Fireplaces
- Cooling
- Central Air
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Inside, Laundry Room, Upper Level
- Main Level Bathrooms
- 1
- Common Walls
- No Common Walls
- Windows
- Blinds, Custom Coverings
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Deck, Patio
- Parking
- Door Single, Garage, Garage Faces Rear
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Island - Little Island (BALL)
- Community Features
- Water Sports
- Security
- Security System, Closed Circuit Cameras
The record
Property History for 308 Grand Canal
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 15, 2022 | Sold | $7,650,000 | |
| Mar 18, 2022 | Price reduced | $7,995,000 | From $8,495,000 |
| Feb 19, 2022 | Listed for sale | $8,495,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 308 Grand Canal
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard and noise 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.
- Airport noise
Outside John Wayne Airport's 60 dB CNEL noise contour, 1.0 miles from it.
Airport Land Use Commission for Orange County, Airport Environs Land Use Plan noise contours. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 34 of 47 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 47 of 47. DSL: AT&T, up to 10 Mbps, at 2 of 47.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630062018, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.5 miles away (ChargePoint, 2 Level 2 ports). 179 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
308 Grand Canal 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.
Selling near 308 Grand Canal
Thinking of selling nearby? We bring current Balboa Island - Little Island 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.
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 Island - Little Island home sales, past 12 months
- Homes sold
- 7
- Median price
- $4,500,000
- Median days on market
- 30
- Median per sq ft
- $2,197
Recorded MLS closings of single-family homes, Nov 2, 2025 to Nov 2, 2026. Days on market run from listing to going under contract.
Recent Balboa Island - Little Island sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 221 Abalone | Sep 30, 2026 | $5,995,000 | 2,972 | $2,017 | 1 |
| 1610 Park Avenue | Sep 10, 2026 | $2,300,000 | 1,008 | $2,282 | 112 |
| 214 Abalone Avenue | Jul 23, 2026 | $5,500,000 | 2,760 | $1,993 | 137 |
| 1708 Park Avenue | Jul 20, 2026 | $3,500,000 | 1,593 | $2,197 | 40 |
| 322 Grand Canal | Jun 8, 2026 | $4,500,000 | 1,653 | $2,722 | 30 |
See 1 home for sale in Balboa Island - Little Island Newport Beach housing market
Schools
School District for 308 Grand Canal
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 Tim Smith of Coldwell Banker Realty
Listing information updated Nov 1, 2022 at 4:22 AM 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.