$2,999,000
3Beds2Baths936SqFt
226 OpalNewport Beach, CA 92662Balboa Island - Main Island
306 Alvarado Place, Newport Beach, CA 92661
$2,745,000
205 Days On Site
Est. $17,808/mo with 20% down, 30-year fixed
- Beds
- 3
- Baths
- 2
- Sq Ft
- 1,033
- Per Sq Ft
- $2,657
- Sq Ft Lot
- 1,742
- Built
- 1912
Call Clark Smith (949) 494-8830
Subdivision Balboa Island - Main Island
22 single-family homes sold in the past 12 months · median $3,670,000
This property is also on the market under MLS PW26199589 (Residential Lease).
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 offers 1,033 square feet of living space and is listed at $2,745,000, about $2,657 per square foot. 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, a 1,742-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $2,745,000
- Days On Site
- 205 Days
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,033 sqft
- Total Baths
- 2
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- 1,742 SqFt
- Year Built
- 1912
- MLS® Number
- PW26049798
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
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
Property History for 306 Alvarado Place
| Date | Event | Price | Note |
|---|---|---|---|
| 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 |
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
22Homes sold
$3,670,000Median price
13Median days on market
$2,297Median per sq ft
At $2,657 per square foot, this home's asking price is 16% above the Balboa Island - Main Island median of $2,297 for single-family homes that closed in the past 12 months.
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Recent Balboa Island - Main Island sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 206 Agate | Aug 31, 2026 | $2,860,000 | 888 | $3,221 | 4 |
| 327 Onyx | Aug 18, 2026 | $3,450,000 | 2,128 | $1,621 | 102 |
| 209 Ruby | Jul 14, 2026 | $3,295,000 | 1,793 | $1,838 | 1 |
| 215 Opal | Jun 30, 2026 | $3,437,500 | 2,226 | $1,544 | 79 |
| 122 Collins Avenue | May 18, 2026 | $3,270,000 | 2,551 | $1,282 | 0 |
School District for 306 Alvarado Place
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Estimated monthly payment
6.95% · 30-yr fixed$
$20,654/mo
10% down · 30-year fixed · $274,500 down
Principal & interest$16,353
Mortgage insurance (est., over 80% LTV)$1,029
Property tax (est. 1.08%)$2,471
Home insurance (rough est., varies widely)$801
HOANot reported, not included
$17,808/mo
20% down · 30-year fixed · $549,000 down
Principal & interest$14,536
Property tax (est. 1.08%)$2,471
Home insurance (rough est., varies widely)$801
HOANot reported, not included
$15,991/mo
30% down · 30-year fixed · $823,500 down
Principal & interest$12,719
Property tax (est. 1.08%)$2,471
Home insurance (rough est., varies widely)$801
HOANot reported, not included
Estimated carrying cost
$3,272/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,471
Home insurance (rough est., varies widely)$801
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Buying 306 Alvarado Place
Want to see 306 Alvarado Place in person? We have guided buyers through Balboa Island - Main Island and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
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.
Location
Photos of 306 Alvarado Place, Newport Beach
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Listed by Casey Brookman of Kott & Company, Inc.
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.
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