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Sold

306 Alvarado Place sold on November 4, 2026 for $2,699,000, 1.7% below the $2,745,000 asking price after 207 days on the market; it was first listed at $2,895,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

Single Family ResidenceSold · Nov 4, 2026

306 Alvarado Place, Newport Beach, CA 92661

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

Own 306 Alvarado Place? Request a free home valuation to see what it is worth today.

$2,699,000

MLS# PW26049798

Subdivision Balboa Island - Main Island

23 single-family homes sold in the past 12 months · median $4,875,000

See 17 homes for sale in Balboa Island - Main Island

The home

About 306 Alvarado Place

Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe.

Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence.

The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area.

The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout.

The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer.

Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach.

There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos.

The owner may consider leasing the property.

Property details for 306 Alvarado Place

This 3-bedroom, 2-bath single-family home sits in the Balboa Island - Main Island 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 spa, a fireplace, single-story living, central air, and a turnkey home.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
PW26049798
Year Built
1912
Living Area (sq ft)
1,033
Living Area Source
Assessor
Lot Size (sq ft)
1,742
Lot Size (acres)
0.04
Levels
One
Bedrooms
3
View
Bay
Parcel Number
04810226
On Market Date
2026-03-06
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Breakfast Bar, Furnished, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, All Bedrooms Down, Main Level Primary, Primary Suite, Walk In Closets
Appliances
Dishwasher, Free Standing Range, Disposal, Gas Range, Refrigerator
Flooring
Laminate
Heating
Central
Cooling
Central Air
Fireplace
Living Room
Laundry
Laundry Room, Stacked
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Windows
Blinds, Double Pane Windows, Plantation Shutters
Accessibility
None
Rooms
Kitchen, Laundry, Bedroom, Primary Bedroom, Living Room, Other, Bathroom

Exterior Features

Architectural Style
Bungalow
Exterior Features
Awnings, Barbecue
Roof
Composition
Construction
Wood Siding
Foundation
Raised
Lot Features
Street Level
Patio and Porch
Concrete, Covered, Deck, Front Porch, Patio
Parking
Carport, Other, On Street
Pool Features
None
Spa
Above Ground
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Turnkey
Faces
North
Units
1

Community Features

Subdivision
Balboa Island - Main Island (BALM)
Community Features
Biking, Curbs, Fishing, Sidewalks
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 306 Alvarado Place

DateEventPriceNote
Nov 4, 2026 Sold $2,699,000
Nov 2, 2026 Status changed to Pending From Active Under Contract
Sep 29, 2026 Status changed to Active Under Contract From Active
Jul 30, 2026 Price reduced $2,745,000 From $2,795,000
Jun 22, 2026 Price reduced $2,795,000 From $2,845,000
Apr 8, 2026 Price reduced $2,845,000 From $2,895,000
Mar 6, 2026 Listed for sale $2,895,000
Oct 7, 2024 Sold $2,660,000 Coldwell Banker-Campbell Rltrs
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

Thinking of selling nearby? We bring current Balboa Island - Main 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 - Main Island home sales, past 12 months

Homes sold
23
Median price
$4,875,000
Median days on market
16
Median per sq ft
$2,590

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 - Main Island sales

AddressClosedPriceSq ftPer sq ftDays on market
306 Alvarado Place Nov 4, 2026 $2,699,000 1,033 $2,613 207
118 Sapphire Oct 30, 2026 $6,275,000 2,321 $2,704 31
1207 N Bay Front Oct 14, 2026 $7,250,000 992 $7,308 128
226 Opal Oct 9, 2026 $2,980,000 936 $3,184 10
225 Diamond Sep 29, 2026 $7,585,000 2,312 $3,281 43

Schools

School District for 306 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 Casey Brookman of Kott & Company, Inc.

Listing information updated Nov 4, 2026 at 3:27 PM PT. Source: CRMLS.

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