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Sold for $5,500,000
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  • Listed by: Surterre Properties Inc. • Anne Hoover • Contact: 949-717-7100
    Bought with: Harcourts Signature Properties
    $5,500,000

    126 Abalone Ave, Newport Beach, CA 92662

    5beds
    2,219sqft
    Duplex
    Built in 1928
    2,614 Square Feet Lot
    $5,586,300 Zestimate®
    $2,479/sqft
    $8,124 Estimated rent

    Home value

    $5,586,300

    $5.14M - $6.09M

    $8,124/mo

    Zestimate® history
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    What's special

    ICONIC BALBOA ISLAND COASTAL MASTERPIECE. Nestled on the Little Island, this historic treasure was built in 1928 by a local sea captain. With nearly a century of memories held within its walls, this stunning residence is a masterpiece of restoration and charm. The home seamlessly blends modern luxuries with a deep commitment to its original character and soul. Situated on a prime corner lot, it enjoys abundant natural light, as well as offering an unmatched sense of privacy.****As you enter the main house, you’ll discover four bedrooms and three-and-one-half baths unfold in a graceful blend of history and refinement. Every inch of this home has been curated with care and meticulous attention to detail, from the lathe and plaster walls to the handpicked finishes, custom-made wainscoting, and exquisite molding. The chef’s kitchen, a true culinary sanctuary, features Wolf appliances, custom cabinetry, and stunning statuary marble countertops, all accented by gorgeous Concept Studio ceramics.**** Designed for effortless gatherings, the spacious dining room flows seamlessly into sunlit living spaces. French doors open to enchanting front and rear private patios perfect for quiet mornings, lively dinner parties, or simply soaking in the sun. For the discerning collector, a temperature-controlled, 600+ bottle wine cellar is discreetly tucked away, providing a secluded retreat for treasured vintages.****Above the garage, the guest house is a private sanctuary with its own separate entrance, offering a gourmet kitchen with Viking appliances and marble countertops, an inviting living and dining space, one bedroom and one bath, and a peek-a-boo harbor view. Whether used for guests or as a highly desirable rental income opportunity, this retreat mirrors the same thoughtful craftsmanship as the main home.****This is more than a residence—it is a rare and treasured piece of Little Balboa Island’s history. With beautiful architectural details throughout, this home is a perfect fusion of timeless craftsmanship and modern sophistication. A true island masterpiece, this residence embodies the elegance, heritage, and timeless beauty of seaside living—a place where the past and present exist in perfect harmony. Subject to cancellation of existing escrow which should be finalized shortly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anne Hoover DRE #01073709 949-422-5983,

    Surterre Properties Inc.

    Bought with:

    Mary Bell, DRE #02240090

    Harcourts Signature Properties

    Source: CRMLS,MLS#: NP25042399MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Laundry, Living Room, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Remodeled, Separate Shower, Tub Shower
    Kitchen
    • Features: Stone Counters, Remodeled, Updated Kitchen
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Breakfast Bar, Separate/Formal Dining Room, Pantry, All Bedrooms Up
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,219 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Garage, Garage Faces Side
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Open, Patio, Porch
    • Exterior features: Awning(s)
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Peek-A-Boo
    • Waterfront features: Beach Access
    Lot
    • Size: 2,614 Square Feet
    • Features: Corner Lot
    Details
    • Additional structures: Guest House
    • Parcel number: 05018223
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Duplex
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: Balboa Island - Little Island (Ball)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,479/sqft
    • Tax assessed value: $3,869,694
    • Annual tax amount: $41,104
    • Date on market: 2/26/2025
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/5/2025Sold$5,500,000-6.8%$2,479/sqft
    Source: CRMLS #NP25042399 Report a problem
    6/3/2025Pending sale$5,900,000$2,659/sqft
    Source: CRMLS #NP25042399 Report a problem
    6/2/2025Contingent$5,900,000$2,659/sqft
    Source: CRMLS #NP25042399 Report a problem
    5/23/2025Listed for sale$5,900,000$2,659/sqft
    Source: CRMLS #NP25042399 Report a problem
    4/14/2025Contingent$5,900,000$2,659/sqft
    Source: CRMLS #NP25042399 Report a problem
    3/25/2025Price change$5,900,000-3.3%$2,659/sqft
    Source: CRMLS #NP25042399 Report a problem
    2/27/2025Listed for sale$6,100,000+70.6%$2,749/sqft
    Source: CRMLS #NP25042399 Report a problem
    12/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/15/2021Listed for rent$13,500$6/sqft
    Source: Zillow Rental Manager Report a problem
    1/7/2021Sold$3,575,000-3.4%$1,611/sqft
    Source: Public Record Report a problem
    1/5/2021Contingent$3,700,000$1,667/sqft
    Source: CRMLS #NP20241544 Report a problem
    12/8/2020Pending sale$3,700,000$1,667/sqft
    Source: First Team Estates #NP20241544 Report a problem
    11/24/2020Listed for sale$3,700,000+19.4%$1,667/sqft
    Source: First Team Estates #NP20241544 Report a problem
    11/3/2016Sold$3,100,000-4.6%$1,397/sqft
    Source: Public Record Report a problem
    8/26/2016Pending sale$3,250,000$1,465/sqft
    Source: HOM Sotheby's International Re #NP16146319 Report a problem
    7/7/2016Listed for sale$3,250,000+106.3%$1,465/sqft
    Source: HOM Sotheby's International Re #NP16146319 Report a problem
    7/19/2012Sold$1,575,000-7.1%$710/sqft
    Source: Public Record Report a problem
    6/12/2012Price change$1,695,000-14.6%$764/sqft
    Source: Out Of Area #S687484 Report a problem
    5/23/2012Price change$1,985,000-7.7%$895/sqft
    Source: Out Of Area #S687484 Report a problem
    5/10/2012Price change$2,150,000-10.2%$969/sqft
    Source: Out Of Area #S687484 Report a problem
    4/17/2012Price change$2,395,000-11.1%$1,079/sqft
    Source: Out Of Area #S687484 Report a problem
    2/9/2012Listed for sale$2,695,000$1,215/sqft
    Source: Out Of Area #S687484 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,104 +1.6%$3,869,694 +2%
    2024$40,460 +2.4%$3,793,818 +2%
    2023$39,514 +1.7%$3,719,430 +2%
    2022$38,860 +9.6%$3,646,500 +9.7%
    2021$35,472 +1%$3,323,825 +1%
    2020$35,132 $3,289,744 +2%
    2019$35,132 +2.1%$3,225,240 +2%
    2018$34,403 +3.9%$3,162,000 +2%
    2017$33,121 $3,100,000 +71.3%
    2016$33,121 +70.1%$1,809,192 +10.5%
    2015$19,467 +13.7%$1,637,854 +4.2%
    2014$17,127 $1,572,105 +0.5%
    2013-- $1,565,000 +1152.9%
    2012-- $124,908 +2%
    2011-- $122,459 +0.8%
    2010-- $121,544 -0.2%
    2009-- $121,834 +2%
    2008-- $119,446 +2%
    2007-- $117,104 +2%
    2006-- $114,808 +2%
    2005-- $112,557 +2%
    2004-- $110,350 +1.9%
    2003-- $108,328 +2%
    2002-- $106,204 +2%
    2001$2,091 +1.5%$104,122 +2%
    2000$2,059 $102,081
    Find assessor info on the county website

    Neighborhood: 92662

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    Estimated market value
    $5,586,300
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    Estimated market value
    $5,586,300