Nestled in the heart of iconic Balboa Island, this charming cottage presents a rare opportunity to create your dream coastal retreat. Full of character and potential, this fixer is ready for its next chapter, offering the perfect canvas for renovation, expansion, or a complete reimagining. Whether you choose to restore its timeless charm or build a custom island home, the possibilities are endless.
Life on Balboa Island is unlike anywhere else in Orange County. Stroll to the picturesque waterfront, enjoy morning coffee at neighborhood cafés, dine at renowned local restaurants, or browse the island's unique boutiques. Spend your days paddleboarding, boating, kayaking, or cruising Newport Harbor from your own neighborhood. Walk 2 blocks to the historic Balboa Island Ferry, enjoy sunsets along the beach, or simply embrace the friendly small-town atmosphere that makes the island so special.
Whether you're searching for a full-time residence, a vacation getaway, or an investment opportunity, this property offers the chance to become part of one of Southern California's most sought-after waterfront communities and create a home tailored to your vision.
Under contract
Listed by: Primary Pacific Properties • Peggy Knauft • Contact: 714-566-5848
$2,700,000
206 Agate Ave, Newport Beach, CA 92662
2beds
888sqft
:
Get pre-qualified$17,706/mo
Single Family Residence
Built in 1918
2,550 Square Feet Lot
$2,603,600 Zestimate®
$3,041/sqft
$-- HOA
What's special
- 6 days |
- 940 |
- 52 |
Zillow last checked:
Listing updated:
Listed by:
Peggy Knauft DRE #01998271 714-566-5848,
Primary Pacific Properties
Source: CRMLS,MLS#: OC26166772
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- None
Appliances
- Laundry: None
Features
- Unfurnished, All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 888 sqft
Property
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 2,550 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 05007221
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Fishing, Suburban, Sidewalks, Water Sports
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $3,041/sqft
- Tax assessed value: $166,031
- Annual tax amount: $2,146
- Date on market: 7/31/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
$2,603,600
$2.47M - $2.73M
$5,417/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Contingent | $2,700,000$3,041/sqft |
Source:  CRMLS #OC26166772 Report a problem | ||
| 7/31/2026 | Listed for sale | $2,700,000$3,041/sqft |
Source: CRMLS #OC26166772 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,146 +1.9% | $166,031 +2% |
| 2024 | $2,106 +2.6% | $162,776 +2% |
| 2023 | $2,053 +1.9% | $159,585 +2% |
| 2022 | $2,014 +1.8% | $156,456 +2% |
| 2021 | $1,978 +1% | $153,389 +1% |
| 2020 | $1,959 | $151,817 +2% |
| 2019 | $1,959 +1.7% | $148,841 +2% |
| 2018 | $1,925 +3.6% | $145,923 +2% |
| 2017 | $1,857 | $143,062 +2% |
| 2016 | $1,857 +2.1% | $140,257 +1.5% |
| 2015 | $1,819 +3.5% | $138,151 +2% |
| 2014 | $1,759 | $135,445 +0.5% |
| 2013 | -- | $134,833 +2% |
| 2012 | -- | $132,190 +2% |
| 2011 | -- | $129,599 +0.8% |
| 2010 | -- | $128,631 -0.2% |
| 2009 | -- | $128,938 +2% |
| 2008 | -- | $126,410 +2% |
| 2007 | -- | $123,932 +2% |
| 2006 | -- | $121,502 +2% |
| 2005 | -- | $119,120 +2% |
| 2004 | -- | $116,785 +1.9% |
| 2003 | -- | $114,645 +2% |
| 2002 | -- | $112,398 +2% |
| 2001 | $1,212 +2.6% | $110,195 +2% |
| 2000 | $1,181 | $108,035 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92662
Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2.1 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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