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For sale
    • Listed by: Plus Real Estate • Jamie McKinnon • Contact: 949-677-1021
    $8,250,000

    225 Diamond Ave, Newport Beach, CA 92662

    4beds
    2,312sqft
    : 
    $54,147/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    2,550 Square Feet Lot
    $7,884,400 Zestimate®
    $3,568/sqft
    $-- HOA

    What's special

    Brand new construction on Balboa Island crowned by a stunning rooftop entertaining level that spans the full length of the home. Offering over 1,200 square feet of additional outdoor living, the covered rooftop lounge showcases vaulted beamed ceilings, a wet bar with sink and beverage refrigeration, a built in TV, and a full bath, all opening to expansive view decks at both ends with panoramic views of the bay and Fashion Island. On the main level, the great room with fireplace opens through pocket doors to the front patio and fire pit, blending indoor and outdoor living the way island life is meant to be enjoyed. The beautifully appointed kitchen features custom sage green cabinetry, a Wolf range, Sub-Zero refrigeration, and a large center island, complemented by a stylish built in wine bar with a Sub-Zero wine refrigerator and display rack. This four bedroom home offers a serene primary suite with a fireplace, a covered front balcony, and a spa style bath with heated floors, a freestanding soaking tub, dual vanity, and a walk in closet with custom built ins. Wide plank oak flooring, Waterworks fixtures, Restoration Hardware lighting, Lutron lighting control, surround sound, an outdoor shower, golf cart parking, a two car garage, and so much more. Perfectly located in the heart of the island, this is a rare opportunity to own new construction in one of Newport Harbor's most beloved communities.
    23 days
    |
    1,120
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie McKinnon DRE #01869698 949-677-1021,

    Plus Real Estate,

    Sharon McKinnon DRE #00828100,

    Plus Real Estate

    Source: CRMLS,MLS#: NP26170033MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Self-closing Cabinet Doors, Self-closing Drawers
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Washer
      • Laundry: Laundry Room, Stacked, Upper Level
      Features
      • Built-in Features, Balcony, Living Room Deck Attached, Open Floorplan, Stone Counters, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
      • Flooring: Wood
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom, Outside
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,312 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached, Carport
      • Attached garage spaces: 2
      • Carport spaces: 1
      • Covered spaces: 3
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Exterior features: Fire Pit
      • Pool features: None
      • Has view: Yes
      • View description: Bay, City Lights, Neighborhood
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 2,550 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 05009227
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Other
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Features: Storm Drain(s), Sidewalks
      • Subdivision: Balboa Island - Main Island (Balm)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $3,568/sqft
      • Tax assessed value: $2,804,363
      • Annual tax amount: $32,438
      • Date on market: 8/4/2026
      • Cumulative days on market: 23 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange
      • Inclusions: screens, tvs

        Estimated market value

        $7,884,400

        $7.49M - $8.28M

        $5,740/mo

        Price history

        DateEventPrice
        8/4/2026Listed for sale$8,250,000+209%$3,568/sqft
        Source: CRMLS #NP26170033 Report a problem
        4/25/2022Sold$2,670,000+0.8%$1,155/sqft
        Source: Public Record Report a problem
        4/14/2022Contingent$2,650,000$1,146/sqft
        Source: CRMLS #OC22049702 Report a problem
        4/4/2022Listed for sale$2,650,000$1,146/sqft
        Source: CRMLS #OC22049702 Report a problem
        3/24/2022Contingent$2,650,000$1,146/sqft
        Source: CRMLS #OC22049702 Report a problem
        3/14/2022Price change$2,650,000+4%$1,146/sqft
        Source: CRMLS #OC22049702 Report a problem
        3/12/2022Listed for sale$2,549,000+135.6%$1,103/sqft
        Source: CRMLS #OC22049702 Report a problem
        7/3/2007Sold$1,082,000$468/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$32,438 +0.5%$2,804,363 +1%
        2024$32,272 +2.5%$2,777,868 +2%
        2023$31,487 +84.7%$2,723,400 +71.7%
        2022$17,050 +1.9%$1,586,072 +2%
        2021$16,725 +1%$1,554,973 +1%
        2020$16,564 $1,539,029 +2%
        2019$16,564 +2.1%$1,508,852 +2%
        2018$16,223 +3.9%$1,479,267 +2%
        2017$15,620 $1,450,262 +2%
        2016$15,620 +2.3%$1,421,826 +1.5%
        2015$15,270 +3.4%$1,400,469 +2%
        2014$14,770 $1,373,036 +10.5%
        2013-- $1,242,090 +11%
        2012-- $1,119,000
        2011-- $1,119,000 -12.7%
        2010-- $1,281,408
        2009-- $1,281,408
        2008-- $1,281,408 +1286.5%
        2007-- $92,419 +2%
        2006-- $90,607 +2%
        2005-- $88,831 +2%
        2004-- $87,090 +1.9%
        2003-- $85,494 +2%
        2002-- $83,818 +2%
        2001$927 +2.5%$82,175 +2%
        2000$904 $80,564
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92662

        Getting around

        73 / 100
        Very Walkable
        31 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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