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Sold for $6,300,000
  • Listed by: Arbor Real Estate • Ryan Gunderson • Contact: 949-873-3841
    Bought with: INLAND VALLEYS AOR®
    $6,300,000

    206 Apolena Ave, Newport Beach, CA 92662

    3beds
    2,333sqft
    Single Family Residence
    Built in 2024
    2,550 Square Feet Lot
    $6,295,700 Zestimate®
    $2,700/sqft
    $16,844 Estimated rent

    Home value

    $6,295,700

    $5.79M - $6.80M

    $16,844/mo

    Zestimate® history
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    What's special

    Two-car garagePrivate balconyBedroom suiteViews of south bayfrontCustom cabinetryQuality finishes throughoutPrivate deck
    Fantastic modern Cape Cod custom home built in 2024 by Keystone Developers, offering 3 bedrooms including a separate JADU, 5 baths, elevator access to all three levels, and one of the most impressive roof decks on Balboa Island. The home features a front patio with fire pit and barbecue, opening through large sliding glass doors to a bright first level with white oak floors, a fireplace with custom tilework, dining area, and a chef’s kitchen with island, and Thermador appliances, along with a guest bath. The second level is highlighted by a primary suite with fireplace, private balcony, and a spacious bath with freestanding tub, dual vanities, walk-in shower, and walk-in closet, and also includes a bedroom suite, laundry room, and a separate JADU with private staircase, bar area with sink and refrigerator, custom cabinetry, full bath, and private deck. The third level offers an enclosed interior space with a full bath, opening to multiple deck areas including a secondary deck with views of the Bay, Pavilion, and Fashion Island, and a main rooftop deck featuring a covered loggia with outdoor kitchen, dining area, and additional seating with fireplace, complete with views of South Bayfront. Additional features include a two-car garage and quality finishes throughout.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Gunderson DRE #01869795 ryan@arborrealestate.com,

    Arbor Real Estate

    Bought with:

    MARK DOWLING, DRE #01245737

    INLAND VALLEYS AOR®

    Source: CRMLS,MLS#: NP26062616MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Up
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    • Laundry: Laundry Room, Upper Level
    Features
    • All Bedrooms Up
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,333 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    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: 05012310
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: Yes
    • Year built: 2024

    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: $2,700/sqft
    • Tax assessed value: $5,712,000
    • Annual tax amount: $63,056
    • Date on market: 3/24/2026
    • Cumulative days on market: 13 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    5/1/2026Sold$6,300,000-3%$2,700/sqft
    Source: CRMLS #NP26062616 Report a problem
    4/17/2026Pending sale$6,495,000$2,784/sqft
    Source: CRMLS #NP26062616 Report a problem
    4/7/2026Contingent$6,495,000$2,784/sqft
    Source: CRMLS #NP26062616 Report a problem
    3/24/2026Listed for sale$6,495,000+16%$2,784/sqft
    Source: CRMLS #NP26062616 Report a problem
    5/13/2024Sold$5,600,000+166.7%$2,400/sqft
    Source: CRMLS #NP24095102 Report a problem
    5/6/2021Sold$2,100,000+12%$900/sqft
    Source: Public Record Report a problem
    3/29/2019Sold$1,875,000-6%$804/sqft
    Source: Public Record Report a problem
    3/20/2019Pending sale$1,995,000$855/sqft
    Source: Abrams Coastal Properties #NP19044637 Report a problem
    11/16/2018Price change$1,995,000-2.7%$855/sqft
    Source: Abrams Coastal Properties #NP18275283 Report a problem
    10/10/2018Price change$2,050,000-4.7%$879/sqft
    Source: Abrams Coastal Properties #NP18275283 Report a problem
    9/11/2018Listed for sale$2,150,000+56.4%$922/sqft
    Source: Abrams Coastal Properties #NP18275283 Report a problem
    8/16/2018Listing removed$3,000$1/sqft
    Source: Zillow Rental Network Report a problem
    8/1/2018Listed for rent$3,000$1/sqft
    Source: Zillow Rental Network Report a problem
    7/15/2004Sold$1,375,000$589/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$63,056 +97.2%$5,712,000 +111.2%
    2024$31,975 +19.3%$2,704,009 +19.5%
    2023$26,799 +16.3%$2,262,490 +5.6%
    2022$23,041 +10.6%$2,142,000 +10.9%
    2021$20,837 +1%$1,932,313 +1%
    2020$20,637 $1,912,500 +11.3%
    2019$20,637 +11.2%$1,718,153 +2%
    2018$18,564 +3.9%$1,684,464 +2%
    2017$17,876 $1,651,436 +2%
    2016$17,876 +2.3%$1,619,055 +1.5%
    2015$17,476 +3.4%$1,594,736 +2%
    2014$16,903 $1,563,498 +0.5%
    2013-- $1,556,432 +32.6%
    2012-- $1,174,020 +2%
    2011-- $1,151,000 -22.5%
    2010-- $1,484,815 -0.2%
    2009-- $1,488,344 +2%
    2008-- $1,459,161 +2%
    2007-- $1,430,550 +2%
    2006-- $1,402,500 +2%
    2005-- $1,375,000 +1186.2%
    2004-- $106,908 +1.9%
    2003-- $104,949 +2%
    2002-- $102,892 +2%
    2001$1,138 +2.5%$100,875 +2%
    2000$1,110 $98,898
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,295,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,295,700