The best-priced opportunity on Balboa Island!
Welcome to 211 Pearl Avenue, a beautifully remodeled Cape Cod–style duplex ideally located on the quiet end of Balboa Island. Blending timeless coastal charm with modern luxury, this home offers two distinct living spaces—perfect for extended family, guests, or rental income.
The main residence features three bedrooms and three baths across two levels. The first floor offers an inviting elevated front patio, a fireplace-warmed living room, modern kitchen with breakfast bar, dining area, and a sunlit bedroom with private patio. Upstairs, the primary suite boasts cathedral beamed ceilings, a walk-in closet, fireplace, and private balcony, along with a guest bedroom featuring an en-suite bath.
The rear unit offers a spacious one-bedroom layout with a large closet, loft area, and oversized bathroom. It also includes open beam ceilings, a bright open floor plan, an updated kitchen with eating bar, dining area, balcony, and in-unit laundry.
Parking is a rare find with space for four vehicles—two in the garage and two tandem spaces.
Positioned on the desirable 200 block with underground utilities and assessment fully paid, this property embodies the best of Southern California coastal living—peaceful, picturesque, and just moments from the waterfront, boutiques, and cafés that make Balboa Island truly special.
Sold for $3,793,000
Listed by: Douglas Elliman of California Inc. • Brian Davis • Contact: 949-270-0440
Bought with: Pacific Sotheby’s International Realty
$3,793,000
211 Pearl Ave, Newport Beach, CA 92662
4beds
2,422sqft
Duplex
Built in 1981
2,550 Square Feet Lot
$3,841,500 Zestimate®
$1,566/sqft
$7,595 Estimated rent
Home value
$3,841,500
$3.53M - $4.19M
$7,595/mo
Zestimate® history
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$19,386/mo
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Zillow last checked:
Listing updated:
Listed by:
Brian Davis DRE #02067087 9495629119,
Douglas Elliman of California Inc.,
Joshua Altman DRE #01764587,
Douglas Elliman of California
Bought with:
Richard Dewey, DRE #01988199
Pacific Sotheby’s International Realty
Source: CRMLS,MLS#: OC25243002
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Loft, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower
Kitchen
- Features: Stone Counters
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Range, Microwave, Dryer, Washer
- Laundry: Inside, Laundry Room
Features
- Beamed Ceilings, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, Open Floorplan, Bedroom on Main Level, Loft
- Flooring: Stone, Tile, Wood
- Windows: Bay Window(s)
- Has fireplace: Yes
- Fireplace features: Family Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,422 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Covered, Door-Multi, Direct Access, Garage, Tandem
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Uncovered spaces: 2
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Patio & porch: Deck, Front Porch
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: Beach Access, Ocean Access
Lot
- Size: 2,550 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 05003224
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Duplex
Materials
- Brick, Wood Siding
- Foundation: Raised
- Roof: Shake
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Storm Drain(s), Street Lights, Sidewalks
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,566/sqft
- Tax assessed value: $4,080,000
- Annual tax amount: $45,114
- Date on market: 10/21/2025
- Cumulative days on market: 6 days
- Listing terms: Cash to New Loan
- Road surface type: Paved
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $45,114 +34% | $4,080,000 +37.6% |
| 2024 | $33,656 +2.7% | $2,966,076 +2% |
| 2023 | $32,786 +1.7% | $2,907,918 +2% |
| 2022 | $32,253 +19.5% | $2,850,900 +21.4% |
| 2021 | $26,979 +8% | $2,349,243 +1% |
| 2020 | $24,981 | $2,325,155 |
| 2019 | $24,981 +0.1% | $2,325,155 +2% |
| 2018 | $24,946 +3.9% | $2,279,564 +2% |
| 2017 | $24,018 | $2,234,867 +2% |
| 2016 | $24,018 +2.3% | $2,191,047 +1.5% |
| 2015 | $23,479 +3.4% | $2,158,136 +2% |
| 2014 | $22,711 | $2,115,862 +0.5% |
| 2013 | -- | $2,106,300 +16% |
| 2012 | -- | $1,816,107 +2% |
| 2011 | -- | $1,780,498 +0.8% |
| 2010 | -- | $1,767,192 -0.2% |
| 2009 | -- | $1,771,391 +2% |
| 2008 | -- | $1,736,658 +2% |
| 2007 | -- | $1,702,606 +2% |
| 2006 | -- | $1,669,222 +2% |
| 2005 | -- | $1,636,493 +2% |
| 2004 | -- | $1,604,405 +1.9% |
| 2003 | -- | $1,575,000 |
| 2002 | -- | $1,575,000 +154.5% |
| 2001 | $6,408 +2.6% | $618,748 +2% |
| 2000 | $6,247 | $606,616 |
Find assessor info on the county website
Neighborhood: 92662
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2.1 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.1 mi
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Estimated market value
$3,841,500
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Estimated market value
$3,841,500
- California
- Orange County
- Newport Beach
- 92662
- 211 Pearl Ave
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