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Off market
  • $2,607,400

    123 Garnet Ave, Newport Beach, CA 92662

    2beds
    975sqft
    Single Family Residence
    Built in 1953
    -- sqft lot
    $2,607,400 Zestimate®
    $2,674/sqft
    $5,932 Estimated rent

    Home value

    $2,607,400

    $2.27M - $3.05M

    $5,932/mo

    Zestimate® history
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    Rent Zestimate®

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    $16,307/mo

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    What's special

    Mid-century bungalowAll new floors throughoutVintage picnic tableVaulted ceilingOriginal wood panelingIn-unit laundry room

    Welcome to The Garnet Getaway Your Happy Place on Balboa Island! Drop anchor at The Garnet Getaway, a cheerful mid-century bungalow getaway that is all about good vibes and classic coastal charm and now we can't wait to share it with you! The Garnet Getaway is a fun duplex house nestled on Iconic Balboa Island, Newport Beach. It is located 3 short blocks from the Balboa Island Ferry, a Ferry ride way from the Fun Zone and the Pier, and a quick hop to delicious Mexican food at Todos Santos. From Boat Parades, to Halloween, to art-walks, this little island is packed with a good time. This ground floor mid-century bungalow is oozing with original Balboa charm. This 2-bedroom, 2-bath has all new floors throughout, original wood paneling and vaulted ceiling, a large living room with fireplace and an in-unit laundry room. There is a king bed in the primary and two, twin-over-fill-bunk beds in the bunk room for a maximum of 8 guests. Guests love walk-out patio with a grill, a vintage picnic table, and plenty of room for sunset happy hours. Imagine: Frozen bananas, stand-up paddle boards, sunshine, blue skies, and Duffy boat rides all waiting for you at The Garnet Island House. Available as a winter rental: August 23, 2026 thru June 12, 2027. Come for the season, stay for the memories! Downstairs, front unit. Fully Furnished. Owner pays for utilities (water, electricity gas, Internet/Wi-Fi). Post move out cleaning fee is included in rent. No smoking allowed. No pet allowed. Last month's rent is due at signing. Winter rental: August 23, 2026, to June 12, 2027.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Air Conditioner, Window Unit
    Appliances
    • Included: Dryer, Freezer, Microwave Oven, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 975 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    Details
    • Parcel number: 05004121

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1953

    Utilities & green energy

    • Utilities for property: Electricity, Gas, Internet, Water

    Community & HOA

    Community
    • Deposit fee: $4,900
    HOA
    • Amenities included: Parking
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,674/sqft
    • Tax assessed value: $1,517,829
    • Date on market: 7/25/2026
    • Date available: 08/23/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/15/2026Listing removed$4,900$5/sqft
    Source: Zillow Rentals Report a problem
    7/25/2026Listed for rent$4,900$5/sqft
    Source: Zillow Rentals Report a problem
    11/4/2025Listing removed$4,900$5/sqft
    Source: Zillow Rentals Report a problem
    9/30/2025Price change$4,900-10.9%$5/sqft
    Source: Zillow Rentals Report a problem
    9/26/2025Listed for rent$5,500+31%$6/sqft
    Source: Zillow Rentals Report a problem
    10/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/7/2023Price change$4,200-16%$4/sqft
    Source: Zillow Rentals Report a problem
    9/16/2023Listed for rent$5,000$5/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,517,829 +2%
    2025$16,082 +1.6%$1,488,068 +2%
    2024$15,822 +2.4%$1,458,891 +2%
    2023$15,449 +444%$1,430,286 +546.5%
    2022$2,840 +1.8%$221,252 +2%
    2021$2,789 +1%$216,914 +1%
    2020$2,761 $214,690 +2%
    2019$2,761 +71.8%$210,481 +2%
    2018$1,607 +3.5%$206,354 +2%
    2017$1,554 $202,308 +2%
    2016$1,554 -39.4%$198,342 +1.5%
    2015$2,565 +3.4%$195,363 +2%
    2014$2,480 $191,537 +0.5%
    2013-- $190,672 +2%
    2012-- $186,934 +2%
    2011-- $183,269 +0.8%
    2010-- $181,900 -0.2%
    2009-- $182,333 +2%
    2008-- $178,758 +2%
    2007-- $175,253 +2%
    2006-- $171,817 +2%
    2005-- $168,449 +2%
    2004-- $165,147 +1.9%
    2003-- $162,121 +2%
    2002-- $158,943 +2%
    2001$1,722 +2.6%$155,827 +2%
    2000$1,679 $152,772
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,607,400
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    Estimated market value
    $2,607,400