This desirable corner lot duplex on Balboa Island offers a rare opportunity for luxurious living or a savvy investment. Perfect for builders, investors, and developers seeking a prime coastal property.
The spacious main unit features 3 bedrooms, 1.5 bathrooms, with direct garage access. The back unit above the garage has 1 bedroom and 1 full bath, offering comfort and charm. Complete with two garages for a total of three parking spaces.
Enjoy peek-a-boo bay views and spectacular sunsets with a courtyard deck between the units and a 2nd-level attached deck to the main unit. Centrally located just seconds away from the ferry, Marine Avenue and the waterfront—this property is overflowing with possibilities.
Don’t miss the chance to make a piece of Balboa Island yours in one of Orange County’s most sought-after locations!
Sold for $2,900,000
Listed by: Realty One Group West • Brandon McTeer • Contact: 714-698-5300
Bought with: Arbor Real Estate
$2,900,000
201 Diamond Ave, Newport Beach, CA 92662
4beds
1,843sqft
Duplex
Built in 1929
2,614 Square Feet Lot
$2,942,800 Zestimate®
$1,574/sqft
$7,951 Estimated rent
Home value
$2,942,800
$2.71M - $3.18M
$7,951/mo
Zestimate® history
Owner options
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$7,951/mo
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$7,951/mo
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$18,467/mo
Est. payment
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$18,467/mo
Est. payment
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List your homeWhat's special
Comfort and charmCourtyard deckDirect garage accessSpectacular sunsetsCorner lotSpacious main unitTwo garages
Zillow last checked:
Listing updated:
Listed by:
Brandon McTeer DRE #02147048 714-875-2303,
Realty One Group West
Bought with:
Ryan Gunderson, DRE #01869795
Arbor Real Estate
Source: CRMLS,MLS#: OC25004489
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Kitchen
Bedroom
- Features: All Bedrooms Up
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Garage
Features
- Balcony, Ceiling Fan(s), All Bedrooms Up
- Flooring: Carpet, Tile, Wood
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,843 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Park Ave Gate
- Patio & porch: Deck
- Pool features: None
- Fencing: Vinyl
- Has view: Yes
- View description: Bay, Harbor, Peek-A-Boo
- Has water view: Yes
- Water view: Bay,Harbor
Lot
- Size: 2,614 Square Feet
- Features: Corner Lot, Rectangular Lot
Details
- Parcel number: 05009215
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,574/sqft
- Tax assessed value: $2,069,355
- Annual tax amount: $24,896
- Date on market: 1/9/2025
- Cumulative days on market: 253 days
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $2,900,000-10.6%$1,574/sqft |
Source:  CRMLS #OC25004489 Report a problem | ||
| 10/4/2025 | Pending sale | $3,245,000$1,761/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 9/20/2025 | Contingent | $3,245,000$1,761/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 6/19/2025 | Price change | $3,245,000-1.5%$1,761/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 5/21/2025 | Price change | $3,295,000-2.9%$1,788/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 4/10/2025 | Price change | $3,395,000-2.3%$1,842/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 1/9/2025 | Listed for sale | $3,475,000+148.4%$1,886/sqft |
Source: CRMLS #OC25004489 Report a problem | ||
| 11/10/2018 | Listing removed | $3,600$2/sqft |
Source: Kristy S. Holt #NP18214606 Report a problem | ||
| 11/8/2018 | Price change | $3,600+1.4%$2/sqft |
Source: Kristy S. Holt #NP18214606 Report a problem | ||
| 10/27/2018 | Price change | $3,550-1.4%$2/sqft |
Source: Coastline Estates Report a problem | ||
| 9/2/2018 | Price change | $3,600-5.3%$2/sqft |
Source: Coastline Estates Report a problem | ||
| 6/11/2018 | Listed for rent | $3,800+8.6%$2/sqft |
Source: Coastline Estates Report a problem | ||
| 7/9/2017 | Listing removed | $3,500$2/sqft |
Source: Coastline Estates Report a problem | ||
| 6/3/2017 | Listed for rent | $3,500+17.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/22/2013 | Listing removed | $2,975$2/sqft |
Source: First Team Estates #LG13212851 Report a problem | ||
| 10/19/2013 | Listed for rent | $2,975$2/sqft |
Source: First Team Estates #LG13212851 Report a problem | ||
| 7/3/2012 | Listing removed | $1,399,000$759/sqft |
Source: First Team Estates #L36415 Report a problem | ||
| 6/23/2011 | Listed for sale | $1,399,000+47.3%$759/sqft |
Source: First Team Estates #L36415 Report a problem | ||
| 8/4/2010 | Sold | $950,000-20.5%$515/sqft |
Source: Public Record Report a problem | ||
| 6/13/2010 | Price change | $1,195,000-25.1%$648/sqft |
Source: ABRAMS COASTAL PROPERTIES #S625958 Report a problem | ||
| 3/23/2010 | Listed for sale | $1,595,000$865/sqft |
Source: ABRAMS COASTAL PROPERTIES #S625958 Report a problem | ||
| 9/19/2009 | Listing removed | $1,595,000$865/sqft |
Source: Premier Southland RE Svcs #S573336 Report a problem | ||
| 9/16/2009 | Price change | $1,595,000-3.3%$865/sqft |
Source: Premier Southland RE Svcs #S573336 Report a problem | ||
| 9/2/2009 | Listed for sale | $1,650,000$895/sqft |
Source: Premier Southland RE Svcs #S573336 Report a problem | ||
| 7/25/2009 | Listing removed | $1,650,000$895/sqft |
Source: Premier Southland RE Svcs #S573336 Report a problem | ||
| 6/27/2009 | Listed for sale | $1,650,000+5.1%$895/sqft |
Source: Premier Southland RE Svcs #S573336 Report a problem | ||
| 5/7/2004 | Sold | $1,570,000$852/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,896 +1.4% | $2,069,355 +2% |
| 2024 | $24,542 -25.8% | $2,028,780 +2% |
| 2023 | $33,078 +163% | $1,989,000 +73.4% |
| 2022 | $12,576 +1.9% | $1,146,914 +2% |
| 2021 | $12,337 +1% | $1,124,426 +1% |
| 2020 | $12,218 | $1,112,897 +2% |
| 2019 | $12,218 +2.1% | $1,091,076 +2% |
| 2018 | $11,972 +3.8% | $1,069,683 +2% |
| 2017 | $11,530 | $1,048,709 +2% |
| 2016 | $11,530 +2.3% | $1,028,147 +1.5% |
| 2015 | $11,274 +3.4% | $1,012,704 +2% |
| 2014 | $10,904 | $992,867 +0.5% |
| 2013 | -- | $988,380 +2% |
| 2012 | -- | $969,000 +2% |
| 2011 | -- | $950,000 -36.5% |
| 2010 | -- | $1,496,444 -0.2% |
| 2009 | -- | $1,500,000 -11.7% |
| 2008 | -- | $1,699,417 +2% |
| 2007 | -- | $1,666,096 +2% |
| 2006 | -- | $1,633,428 +2% |
| 2005 | -- | $1,601,400 +1077% |
| 2004 | -- | $136,052 +1.9% |
| 2003 | -- | $133,559 +2% |
| 2002 | -- | $130,941 +2% |
| 2001 | $1,424 +2.6% | $128,374 +2% |
| 2000 | $1,389 | $125,857 |
Find assessor info on the county website
Neighborhood: 92662
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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Estimated market value
$2,942,800
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Estimated market value
$2,942,800
- California
- Orange County
- Newport Beach
- 92662
- 201 Diamond Ave
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