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Sold

311 Montero Street sold on June 11, 2024 for $2,550,000, 7.2% below the $2,749,000 asking price after 103 days on the market; it was first listed at $2,995,000. The buyer financed the purchase. The details are below for reference.

Single Family ResidenceSold · Jun 11, 2024

311 Montero Street, Newport Beach, CA 92661

  • 3 beds
  • 2 baths
  • 1,339 sq ft
  • 2,100 sq ft lot
  • Built 1940

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$2,550,000

MLS# OC23231143

The home

About 311 Montero Street

Ideally located in the middle of the Balboa Peninsula in Newport Beach, this charming beach house is moments from the beach and the bay. An inviting front patio makes everyone feel welcome and introduces the newly redone home, where a fresh, white interior exemplifies open-concept living. Anchored by a stone fireplace, the great room and dining area easily caters to memorable entertaining and kick-back daily living. Three bedrooms and two baths are featured in approximately 1,389 square feet, making this enviable cottage a fabulous year-round residence and the perfect vacation getaway. Serve up your favorite meals in an island kitchen that hosts a breakfast bar, stainless steel appliances and granite countertops. Hardwood flooring, French doors, large windows, custom crown molding, a classic Dutch entry door, a stylish clawfoot bathtub and upgraded lighting combine to enrich the home with undeniable and enduring appeal. The cottage’s outstanding setting encourages leaving the car at home while exploring nearby shops, popular restaurants and the Balboa Pier.

Property details for 311 Montero Street

This 3-bedroom, 2-bath single-family home sits in Newport Beach in Orange County. It has 1,339 square feet of living space on a 2,100-square-foot lot. The home was built in 1940. The MLS record lists the assessor parcel number as 048-062-23. Highlights include ocean and bay views, a fireplace, an attached one-car garage, and air conditioning.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
OC23231143
Year Built
1940
Living Area (sq ft)
1,339
Living Area Source
Assessor
Lot Size (sq ft)
2,100
Lot Size (acres)
0.0482
Levels
Two
Bedrooms
3
Full Baths
2
Garage Spaces
1
Parking Spaces
1
View
Bay, City Lights, Ocean
Parcel Number
04806223
On Market Date
2024-01-11
Listing Terms
Standard

Interior Features

Interior Features
Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Attic, Bedroom On Main Level
Appliances
Built In Range, Convection Oven, Dishwasher, Gas Cooktop
Flooring
Wood
Heating
Central, Fireplaces, Natural Gas
Cooling
Gas, None
Fireplace
Family Room
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
Main Level Bedrooms
1
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Zero To One Unit Acre
Parking
Direct Access, Door Single, Garage, Garage Faces Rear
Fencing
Vinyl
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Units
1

Community Features

Community Features
Biking, Fishing, Street Lights, Sidewalks, Water Sports

The record

Property History for 311 Montero Street

DateEventPriceNote
Jun 11, 2024 Sold $2,550,000
May 29, 2024 Status changed to Pending From Active Under Contract
Apr 24, 2024 Status changed to Active Under Contract From Active
Apr 15, 2024 Price reduced $2,749,000 From $2,849,000
Apr 4, 2024 Price reduced $2,849,000 From $2,900,000
Feb 22, 2024 Price reduced $2,900,000 From $2,995,000
Jan 11, 2024 Status changed to Active From Coming Soon
Jan 11, 2024 Listed for sale $2,995,000
Jan 10, 2023 Sold $2,588,000 Compass
Apr 30, 2013 Sold $1,450,000 Surterre Properties Inc.

Next steps

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Selling near 311 Montero Street

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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.

Newport Beach home sales, past 12 months

Homes sold
462
Median price
$4,354,000
Median days on market
22
Median per sq ft
$1,602

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 Newport Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
1000 Dover Drive Nov 4, 2026 $3,575,000 2,883 $1,240 18
20141 Spruce Nov 4, 2026 $5,500,000 4,540 $1,211 5
306 Alvarado Place Nov 4, 2026 $2,699,000 1,033 $2,613 207
2012 Nautilus Lane Nov 3, 2026 $4,100,000 3,026 $1,355 12
205 Via Lido Soud Nov 3, 2026 $9,646,120 3,282 $2,939 73

Schools

School District for 311 Montero Street

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 Abby Corpodian of Redfin

Listing information updated Jun 13, 2024 at 4:57 PM PT. Source: CRMLS.

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