$1,700,000
2Beds2Baths1,120SqFt
600 E Oceanfront 1DNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
307 Alvarado Place sold on June 19, 2020 for $2,395,000, 3.7% below the $2,488,000 asking price after 578 days on the market, including an earlier listing; it was first listed at $2,485,000. The buyer financed the purchase with a conventional loan. The details are below for reference.
307 Alvarado Place, Newport Beach, CA 92661
- 3 beds
- 3 baths
- 2,200 sq ft
- 2,438 sq ft lot
- Built 1978
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$2,395,000
Subdivision Balboa Peninsula (Residential)
28 single-family homes sold in the past 12 months · median $7,112,500
The home
About 307 Alvarado Place
This two story residence is extensively remodeled and redesigned, emphasizing coastal elegance, functionality and a comfortable bayside village vibe. Peacefully positioned between the beach and the Newport Harbor channel across from famed Bay Island. The main level living area has an open floor plan that beckons indoor/outdoor entertaining on the front and side enclosed patios. True hardwood floors, Thermador kitchen with island, family room, dining area and living room with fireplace set the tone for modernized beach living. The second level provides an enjoyable master suite with fireplace, 2 generous secondary bedrooms, deck, plus an office or flexible room. All closets have been customized for maximum space and bathrooms are lavish. The 2 car garage has finished walls and epoxy floors. Side yard has convenient surfer shower. Conveniently nestled between the Bay and the Ocean, so all the choices of coastal living are yours to make. Kayak or paddle-board in the bay, sunbathe and swim at the clean sandy beach. Ideally located to nearby restaurants, the famous Galley, newly developed Yacht Club, shops and the Ferry. Cozy bayside streets are ideal for enjoying the boardwalk and harbor. Perfect as a full time residence or wonderful vacation home in a premier location of the Peninsula.
Property details for 307 Alvarado Place
This 3-bedroom, 3-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,200 square feet of living space on a 2,438-square-foot lot. The home was built in 1978. The MLS record lists the assessor parcel number as 048-101-15. Highlights include a fireplace, an attached two-car garage, an updated home, and bungalow architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC20050511
- Year Built
- 1978
- Living Area (sq ft)
- 2,200
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,438
- Lot Size (acres)
- 0.056
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- Parcel Number
- 04810115
- On Market Date
- 2020-03-11
- Listing Terms
- Standard
Interior Features
- Interior Features
- Eat In Kitchen, Open Floorplan, Stone Counters, Recessed Lighting, Unfurnished, All Bedrooms Up, Primary Suite
- Appliances
- Six Burner Stove, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Flooring
- Wood
- Heating
- Forced Air, Fireplaces
- Cooling
- None, See Remarks
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- In Garage
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Bungalow
- Exterior Features
- Lighting
- Roof
- Concrete, Flat
- Construction
- Brick, Stucco
- Foundation
- Slab
- Lot Features
- Level, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
- Patio and Porch
- Brick, Open, Patio, Wrap Around
- Parking
- Door Multi, Garage, Garage Door Opener, Paved, Garage Faces Rear
- Fencing
- Vinyl, Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Storm Drains, Street Lights, Sidewalks, Water Sports
The record
Property History for 307 Alvarado Place
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 19, 2020 | Sold | $2,395,000 | |
| Mar 11, 2020 | Relisted | $2,485,000 | |
| Apr 26, 2018 | Sold | $1,800,000 | Pacific Sotheby’s International Realty |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 307 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 15 of 16 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 16 of 16. Fixed wireless: Verizon, up to 300 Mbps, at 16 of 16.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003003, 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
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Selling near 307 Alvarado Place
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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
- 28
- Median price
- $7,112,500
- Median days on market
- 36
- Median per sq ft
- $2,558
Recorded MLS closings of single-family homes, Oct 31, 2025 to Oct 31, 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 307 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 Michael Caruso of The Agency
Listing information updated Jun 27, 2026 at 3:03 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.