207 29th Street offers a unique opportunity for those seeking a blend of coastal living and investment potential in Newport Beach. Just STEPS from the ocean and a short walk to Balboa Peninsula's local restaurants and shops, this remodeled duplex sits on a quiet and wide street predominantly occupied by long-term residents, ensuring a tranquil environment away from peninsula street traffic and noise.
The UPPER unit with three-bedrooms and two-baths, completely remodeled in 2021 with contemporary upgrades, boasts vaulted ceilings, attractive flooring and a charming corner fireplace within an open-plan living room and kitchen area. This layout flows onto a generously-sized sunny patio, offering residents the luxury of peekaboo ocean views while enjoying the fresh ocean air and ambiance. The LOWER unit with one-bedroom and one-bath retains its original charm, including a fireplace and a large outdoor patio. Both units are rented on a month-to-month basis. Convenient parking options include a 3-car garage and an additional space in alley at the rear of the property.
Moreover, the property presents significant potential for redevelopment under Newport Beach zoning regulations. Permitted options for new construction include a two-story, two-unit duplex or condominium, and/or ADU configuration. Local architect Rod A. Jeheber has drafted plans (available to potential buyers) for a contemporary two-unit condominium with modern amenities and ocean views, catering to both full-time and part-time residents seeking a lock-and-go lifestyle.
Whether you're looking for a coastal retreat, an investment opportunity, or a combination of both, don't miss out on this prime opportunity to enjoy beach-life year around.
Sold for $2,795,000
Listed by: Coldwell Banker Realty • Tom Billings • Contact: 949-394-7640
Bought with: Origin
$2,795,000
207 29th St, Newport Beach, CA 92663
4beds
3baths
1,792sqft
Duplex
Built in 1977
-- sqft lot
$-- Zestimate®
$1,560/sqft
$6,623 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,623/mo
Zestimate® history
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List your homeWhat's special
Ocean viewsPeekaboo ocean viewsRemodeled duplexContemporary upgradesVaulted ceilingsFresh ocean airAttractive flooring
Zillow last checked:
Listing updated:
Listed by:
Tom Billings DRE #01715854 949-394-7640,
Coldwell Banker Realty
Bought with:
Heather Reeves, DRE #01979155
Origin
Source: CRMLS,MLS#: NP24031230
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Garage, Laundry Room, Upper Level
Features
- Bedroom on Main Level, Main Level Primary
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Property
Parking
- Total spaces: 4
- Parking features: Direct Access, Driveway Level, Garage, Tandem
- Garage spaces: 3
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Upstairs
- Exterior features: Fire Pit
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Coastline, Ocean, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Beach Access, Beach Front
Lot
- Size: 2,375 Square Feet
- Features: 0-1 Unit/Acre, Street Level
Details
- Parcel number: 04707212
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Fishing, Hiking, Water Sports
- Subdivision: ,West Newport/Balboa Peninsula
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,560/sqft
- Tax assessed value: $2,850,900
- Annual tax amount: $30,360
- Date on market: 2/15/2024
- Cumulative days on market: 2 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 2000
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2024 | Sold | $2,795,000$1,560/sqft |
Source:  CRMLS #NP24031230 Report a problem | ||
| 3/15/2024 | Pending sale | $2,795,000$1,560/sqft |
Source: CRMLS #NP24031230 Report a problem | ||
| 2/21/2024 | Contingent | $2,795,000$1,560/sqft |
Source: CRMLS #NP24031230 Report a problem | ||
| 2/15/2024 | Listed for sale | $2,795,000+23.4%$1,560/sqft |
Source: CRMLS #NP24031230 Report a problem | ||
| 9/1/2022 | Sold | $2,265,000-5.6%$1,264/sqft |
Source: Public Record Report a problem | ||
| 8/25/2022 | Contingent | $2,399,000$1,339/sqft |
Source: CRMLS #OC22155495 Report a problem | ||
| 8/19/2022 | Price change | $2,399,000-7.7%$1,339/sqft |
Source: CRMLS #OC22155495 Report a problem | ||
| 8/9/2022 | Price change | $2,599,000-3.7%$1,450/sqft |
Source: CRMLS #OC22155495 Report a problem | ||
| 7/15/2022 | Listed for sale | $2,699,000$1,506/sqft |
Source: CRMLS #OC22155495 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,360 +21.8% | $2,850,900 +23.4% |
| 2024 | $24,921 +2.7% | $2,310,300 +2% |
| 2023 | $24,272 +704.8% | $2,265,000 +851.7% |
| 2022 | $3,016 +1.8% | $237,997 +2% |
| 2021 | $2,961 +1% | $233,331 +1% |
| 2020 | $2,932 | $230,939 +2% |
| 2019 | $2,932 +1.8% | $226,411 +2% |
| 2018 | $2,881 +3.6% | $221,972 +2% |
| 2017 | $2,780 | $217,620 +2% |
| 2016 | $2,780 +2.1% | $213,353 +1.5% |
| 2015 | $2,722 +3.4% | $210,149 +2% |
| 2014 | $2,632 | $206,033 +0.5% |
| 2013 | -- | $205,102 +2% |
| 2012 | -- | $201,081 +2% |
| 2011 | -- | $197,139 +0.8% |
| 2010 | -- | $195,666 -0.2% |
| 2009 | -- | $196,132 +2% |
| 2008 | -- | $192,287 +2% |
| 2007 | -- | $188,517 +2% |
| 2006 | -- | $184,821 +2% |
| 2005 | -- | $181,198 +2% |
| 2004 | -- | $177,646 +1.9% |
| 2003 | -- | $174,391 +2% |
| 2002 | -- | $170,972 +2% |
| 2001 | $1,831 +2.6% | $167,620 +2% |
| 2000 | $1,785 | $164,334 |
Find assessor info on the county website
Neighborhood: 92663
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.9 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 0.9 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.2 mi
- California
- Orange County
- Newport Beach
- 92663
- 207 29th St
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