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.

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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Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
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
| Date | Event | Price | Note |
|---|---|---|---|
| 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.
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
| 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
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.
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.













