Outstanding custom Island home situated just three doors away from South Bayfront. This impeccable design boasts three bedrooms, plus an inviting office space, five baths, and enjoys a light and bright floorplan designed by Rob Sinclair. The large first floor features an open great room with sliding pocket doors leading to a spacious elevated private patio with firepit, an expansive living room, and a gourmet kitchen with a central island. Additionally, there's a private courtyard area with bi-fold glass windows and a BBQ. The second level provides a spacious master retreat with a balcony offering stunning Bay views, two closets, as well as a model-like master bath, office area, and two spacious guest suites. The expansive third floor has an incredible rooftop deck that includes a covered loggia complete with heaters, a fully equipped bar, a kitchen with a refrigerator and dishwasher, and BBQ. The third floor also includes a bathroom, and a large deck space with a firepit overlooking the Bay and turning basin. The home is also equipped with an elevator servicing all three levels, and a two-car garage with additional storage. Situated on a serene street at the quiet end of the Island, this is one of the most impressive and eye-popping homes to hit the market in some time.
Sold for $5,695,000
Listed by: Arbor Real Estate • Ryan Gunderson • Contact: 949-873-3841
Bought with: Onyx Homes
$5,695,000
113 Garnet Ave, Newport Beach, CA 92662
3beds
2,345sqft
Single Family Residence
Built in 2014
2,550 Square Feet Lot
$6,584,300 Zestimate®
$2,429/sqft
$18,234 Estimated rent
Home value
$6,584,300
$6.06M - $7.24M
$18,234/mo
Zestimate® history
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List your homeWhat's special
Two-car garageCustom island homePrivate courtyard areaCentral islandSpacious elevated private patioOffice areaIncredible rooftop deck
Zillow last checked:
Listing updated:
Listed by:
Ryan Gunderson DRE #01869795 rgunderson@arborrealestate.com,
Arbor Real Estate
Bought with:
Jackie Miller, DRE #01981618
Onyx Homes
Source: CRMLS,MLS#: NP23176497
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator
- Laundry: Laundry Room
Features
- Elevator, All Bedrooms Up
- Flooring: Tile, Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,345 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Bay, City Lights
- Has water view: Yes
- Water view: Bay
Lot
- Size: 2,550 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 05004116
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $2,429/sqft
- Tax assessed value: $5,808,900
- Annual tax amount: $63,056
- Date on market: 9/20/2023
- Cumulative days on market: 52 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $5,695,000-2.6%$2,429/sqft |
Source:  CRMLS #NP23176497 Report a problem | ||
| 10/20/2023 | Pending sale | $5,850,000$2,495/sqft |
Source: CRMLS #NP23176497 Report a problem | ||
| 10/13/2023 | Contingent | $5,850,000$2,495/sqft |
Source: CRMLS #NP23176497 Report a problem | ||
| 9/20/2023 | Listed for sale | $5,850,000+24.6%$2,495/sqft |
Source: CRMLS #NP23176497 Report a problem | ||
| 4/26/2021 | Sold | $4,695,000+184.5%$2,002/sqft |
Source: Public Record Report a problem | ||
| 3/3/2011 | Listing removed | $2,600$1/sqft |
Source: NRT California #CBRB2445 Report a problem | ||
| 2/11/2011 | Listed for rent | $2,600$1/sqft |
Source: NRT California #CBRB2445 Report a problem | ||
| 11/24/2009 | Sold | $1,650,000-13.2%$704/sqft |
Source: Public Record Report a problem | ||
| 6/2/2009 | Listed for sale | $1,899,999-0.4%$810/sqft |
Source: NRT California #U9002500 Report a problem | ||
| 9/2/2005 | Sold | $1,908,000$814/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,056 +1.5% | $5,808,900 +2% |
| 2024 | $62,096 +18.6% | $5,695,000 +18.9% |
| 2023 | $52,354 -26.5% | $4,788,900 +2% |
| 2022 | $71,272 +140.4% | $4,695,000 +79% |
| 2021 | $29,649 +7.3% | $2,623,399 +1% |
| 2020 | $27,624 | $2,596,500 +2% |
| 2019 | $27,624 +2.1% | $2,545,589 +2% |
| 2018 | $27,049 +3.9% | $2,495,676 +2% |
| 2017 | $26,038 | $2,446,742 +2% |
| 2016 | $26,038 +2.3% | $2,398,767 +1.5% |
| 2015 | $25,450 +52.9% | $2,362,736 +52.3% |
| 2014 | $16,642 | $1,551,163 +12% |
| 2013 | -- | $1,385,280 +11% |
| 2012 | -- | $1,248,000 -4% |
| 2011 | -- | $1,300,000 -21.2% |
| 2010 | -- | $1,650,000 +9.5% |
| 2009 | -- | $1,507,500 |
| 2008 | -- | $1,507,500 -22.5% |
| 2007 | -- | $1,946,160 +2% |
| 2006 | -- | $1,908,000 +1621% |
| 2005 | -- | $110,863 +2% |
| 2004 | -- | $108,690 +1.9% |
| 2003 | -- | $106,698 +2% |
| 2002 | -- | $104,606 +2% |
| 2001 | $1,063 +2.7% | $102,555 +2% |
| 2000 | $1,035 | $100,545 |
Find assessor info on the county website
Neighborhood: 92662
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GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2.2 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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Estimated market value
$6,584,300
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Estimated market value
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- California
- Orange County
- Newport Beach
- 92662
- 113 Garnet Ave
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