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Sold

116 Abalone Avenue sold on August 1, 2024 for $4,937,500, 10.1% below the $5,495,000 asking price after 58 days on the market. The buyer financed the purchase. The details are below for reference.

Single Family ResidenceSold · Aug 1, 2024

116 Abalone Avenue, Newport Beach, CA 92662

  • 4 beds
  • 5 baths
  • 2,095 sq ft
  • 3,825 sq ft lot
  • Built 1937

Own 116 Abalone Avenue? Request a free home valuation to see what it is worth today.

$4,937,500

MLS# NP24089519

Subdivision Balboa Island - Little Island

7 single-family homes sold in the past 12 months · median $4,500,000

See 1 home for sale in Balboa Island - Little Island

The home

About 116 Abalone Avenue

Once-in-a-lifetime opportunity to own an incredible 4-bedroom, 5-bath home at one of Balboa Island’s best locations. Seated on a 45 x 85-foot over-sized lot, just 4 doors from the South Bayfront on coveted Little Balboa Island, this captivating cottage offers relaxed beach living with endless possibilities. Just past its white picket fence and sunny front patio, the main level offers wood floors, a large living room with fireplace, upgraded kitchen, formal dining room, an office/den (or 5th bedroom), and a private rear casita with bedroom and bath. The first level also showcases an expansive interior courtyard with fireplace, perfect for year-round outdoor entertainment. The second level features three bedrooms and two baths, including a primary suite with built-in storage and two walk-in closets. 116 Abalone provides a fantastic opportunity for buyers seeking a timeless residence with unique charm and designer touches, nestled on a spacious lot in the heart of the Little Island.

Property details for 116 Abalone Avenue

This 4-bedroom, 5-bath single-family home sits in the Balboa Island - Little Island neighborhood of Newport Beach in Orange County. It has 2,095 square feet of living space on a 3,825-square-foot lot. The home was built in 1937. The MLS record lists the assessor parcel number as 050-182-05. Highlights include a fireplace, an attached two-car garage, central air, and cottage architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP24089519
Year Built
1937
Living Area (sq ft)
2,095
Living Area Source
Assessor
Lot Size (sq ft)
3,825
Lot Size (acres)
0.0878
Levels
Two
Bedrooms
4
Full Baths
1
Half Baths
2
Garage Spaces
2
Parking Spaces
2
View
None
Parcel Number
05018205
On Market Date
2024-05-06
Zoning
R1.5
Listing Terms
Standard

Interior Features

Interior Features
Built In Features, Crown Molding, Separate Formal Dining Room, Bedroom On Main Level
Appliances
Gas Cooktop, Gas Oven
Flooring
Wood
Heating
Central, Wall Furnace
Cooling
Central Air, Wall Window Units
Fireplace
Living Room, Outside
Laundry
In Garage
Main Level Bedrooms
2
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Doors
French Doors
Accessibility
Safe Emergency Egress From Home

Exterior Features

Architectural Style
Cottage
Exterior Features
Lighting
Construction
Shingle Siding, Stucco, Wood Siding
Lot Features
Zero To One Unit Acre, Back Yard, Front Yard
Patio and Porch
Brick, Patio
Parking
Door Multi, Garage, Garage Faces Rear
Fencing
Wood
Pool Features
None
Spa
None
Sewer
Sewer Tap Paid
Water
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Underground Utilities
Units
1

Community Features

Subdivision
Balboa Island - Little Island (BALL)
Community Features
Curbs, Fishing, Street Lights, Sidewalks, Water Sports

The record

Property History for 116 Abalone Avenue

DateEventPriceNote
Aug 1, 2024 Sold $4,937,500
Jul 24, 2024 Status changed to Pending From Active Under Contract
Jul 3, 2024 Status changed to Active Under Contract From Active
May 6, 2024 Listed for sale $5,495,000
May 4, 2017 Sold $3,100,000 Abrams Coastal Properties

Next steps

Looking for something similar

116 Abalone Avenue 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 116 Abalone Avenue

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.

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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 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 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Balboa Island - Little Island sales

AddressClosedPriceSq ftPer sq ftDays 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

Schools

School District for 116 Abalone 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 Donald Abrams of Abrams Coastal Properties

Listing information updated Aug 2, 2024 at 4:59 PM PT. Source: CRMLS.

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