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Sold

306 Alvarado Place sold on October 7, 2024 for $2,660,000, 1.5% below the $2,699,900 asking price after 86 days on the market; it was first listed at $2,849,900. The buyer financed the purchase. The details are below for reference.

Single Family ResidenceSold · Oct 7, 2024

306 Alvarado Place, Newport Beach, CA 92661

  • 3 beds
  • 3 baths
  • 1,033 sq ft
  • 1,742 sq ft lot
  • Built 1912

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$2,660,000

MLS# OC24123719

Subdivision Balboa Peninsula (Residential)

27 single-family homes sold in the past 12 months · median $7,300,000

See homes for sale in Balboa Peninsula

This home has a newer listing: MLS PW26049798 (Sold).

The home

About 306 Alvarado Place

Nestled in the prestigious heart of Balboa Peninsula in Newport Beach, this exquisite custom beach home seamlessly blends luxury and convenience, offering an idyllic Southern California coastal retreat. Mere steps from the tranquil bay waters and moments away from the vibrant beach, Fun Zone, and Balboa Pier, it presents an unparalleled opportunity to embrace the quintessential coastal lifestyle.

The inviting front porch with views of the bay, custom wrought iron railings and Trex decking leads to the expansive great room, where vaulted ceilings, a striking black marble fireplace, and whitewashed driftwood floors create a bright, airy ambiance. The custom kitchen is a culinary dream with a polished limestone waterfall edge counter, top-of-the-line appliances including Wolf and Sub-Zero, and a unique laundry/butler's pantry transitioning to the backyard oasis with built-in BBQ area, outdoor refrigerator, fully enclosed outdoor shower, remote-controlled awning, and retractable gate.

The peaceful primary bedroom suite boasts a spacious walk-in closet and a luxurious ensuite bathroom. Two additional bedrooms and a well-appointed guest bathroom provide ample space. The comprehensive 2019 remodel enhanced the home with custom touches like board and batten molding and framed TV niches, including new plumbing, electrical, windows, central heat and air conditioning, security cameras, Sonos speakers, expanded attic space, and AT&T fiber internet.

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Property details for 306 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 1,033 square feet of living space on a 1,742-square-foot lot. The home was built in 1912. The MLS record lists the assessor parcel number as 048-102-26. Highlights include bay views, a fireplace, single-story living, central air, and a turnkey home.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
OC24123719
Year Built
1912
Living Area (sq ft)
1,033
Living Area Source
Estimated
Lot Size (sq ft)
1,742
Lot Size (acres)
0.04
Levels
One
Bedrooms
3
Full Baths
2
View
Bay
Parcel Number
04810226
On Market Date
2024-06-19
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Breakfast Bar, Eat In Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, See Remarks, Wired For Sound, All Bedrooms Down
Appliances
Six Burner Stove, Barbecue, Dishwasher, Disposal, Gas Range, Dryer, Washer
Heating
Forced Air, Fireplaces
Cooling
Central Air
Fireplace
Living Room
Laundry
Stacked
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Accessibility
No Stairs

Exterior Features

Exterior Features
Awnings, Barbecue, Rain Gutters
Foundation
Raised
Lot Features
Back Yard, Corner Lot, Cul De Sac
Patio and Porch
Front Porch, Patio
Parking
On Site, On Street
Fencing
Vinyl, Wrought Iron
Pool Features
None
Spa
None
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Condition
Turnkey
Units
1

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Biking, Curbs, Fishing, Gutters, Park, Storm Drains, Street Lights, Suburban, Sidewalks, Water Sports

The record

Property History for 306 Alvarado Place

DateEventPriceNote
Nov 4, 2026 Sold $2,699,000 Kott & Company, Inc.
Oct 7, 2024 Sold $2,660,000
Oct 1, 2024 Status changed to Pending From Active Under Contract
Sep 16, 2024 Status changed to Active Under Contract From Active
Sep 4, 2024 Price reduced $2,699,900 From $2,849,900
Jun 19, 2024 Listed for sale $2,849,900
Sep 5, 2019 Sold $1,700,000 Compass

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 306 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

306 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 306 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
27
Median price
$7,300,000
Median days on market
35
Median per sq ft
$2,501

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 Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays 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

Schools

Schools for 306 Alvarado Place

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Newport
Middle
Ensign
High
Newport Harbor
District
Newport Mesa Unified

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Berit Hayden of Coldwell Banker-Campbell Rltrs

Listing information updated Dec 4, 2024 at 6:10 PM PT. Source: CRMLS.

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