Located on one of the quietest streets on the Peninsula, this 44' wide lot offers an exceptional opportunity to craft your dream beachside retreat. Just moments from the beach, Newport Harbor Yacht Club, and the lively Balboa Pier and Fun Zone, this rare-to-market residence presents the ultimate in Newport Beach living. The thoughtful floorplan includes a main house with three bedrooms and one-and-one-half baths, alongside an attached studio apartment with a bedroom, full bath, and kitchenette. This arrangement offers flexibility—choose to rent the studio for additional income or enjoy the expanded living space yourself. The home’s interior is marked by recessed lighting, beamed ceilings, wainscoting, and hardwood floors throughout, creating a warm and inviting atmosphere. Key highlights such as the living room fireplace and the dining area’s French doors leading to the outdoors further enhance its charm. Nestled on a generous lot of approximately 2,989 SF, the expansive property is bathed in natural light and features a spacious front patio—ideal for savoring the ocean breezes. Complemented by a detached one-car garage, this Balboa Peninsula gem stands as a canvas awaiting your personal touch, presenting a rare chance to renovate or rebuild in one of the area's most coveted locations.
Sold for $3,400,000
Listed by: Coldwell Banker Realty • Tim Smith • Contact: 949-478-2295
Bought with: Coldwell Banker Realty
Tax assessed value
$3,400,000
301 Lindo Ave, Newport Beach, CA 92661
4beds
1,732sqft
Single Family Residence
Built in 1927
2,989 Square Feet Lot
$4,215,700 Zestimate®
$1,963/sqft
$7,946 Estimated rent
Home value
$4,215,700
$3.75M - $4.81M
$7,946/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tim Smith DRE #01346878 949.478.2295,
Coldwell Banker Realty,
Listing Team: Tim Smith Real Estate ...
Bought with:
Tim Smith, DRE #01346878
Coldwell Banker Realty
Hunter Jack, DRE #01879200
Coldwell Banker Realty
Source: CRMLS,MLS#: NP24031892
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Living Room
Bathroom
- Features: Separate Shower, Tile Counters, Tub Shower
Kitchen
- Features: Granite Counters
Heating
- Floor Furnace
Cooling
- None
Appliances
- Laundry: Inside, Upper Level
Features
- Beamed Ceilings, Built-in Features, Balcony, Recessed Lighting, Tile Counters
- Flooring: Wood
- Doors: French Doors
- Windows: Plantation Shutters
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,732 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Front Porch
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 2,989 Square Feet
- Features: Landscaped
Details
- Additional structures: Guest House Attached
- Parcel number: 04803202
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,963/sqft
- Tax assessed value: $3,400,000
- Annual tax amount: $36,028
- Date on market: 3/5/2024
- Cumulative days on market: 126 days
- Listing terms: Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $3,400,000-2.7%$1,963/sqft |
Source:  CRMLS #NP24031892 Report a problem | ||
| 8/27/2024 | Pending sale | $3,495,000$2,018/sqft |
Source: CRMLS #NP24031892 Report a problem | ||
| 7/11/2024 | Contingent | $3,495,000$2,018/sqft |
Source: CRMLS #NP24031892 Report a problem | ||
| 6/7/2024 | Price change | $3,495,000-12.5%$2,018/sqft |
Source: CRMLS #NP24031892 Report a problem | ||
| 3/5/2024 | Listed for sale | $3,995,000$2,307/sqft |
Source: CRMLS #NP24031892 Report a problem | ||
| 6/29/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/21/2022 | Listed for rent | $6,500$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,028 +2423% | $3,400,000 +3123.2% |
| 2024 | $1,428 +2.7% | $105,484 +2% |
| 2023 | $1,391 +2.1% | $103,416 +2% |
| 2022 | $1,362 +1.9% | $101,389 +2% |
| 2021 | $1,336 +1.1% | $99,401 +1% |
| 2020 | $1,322 | $98,382 +2% |
| 2019 | $1,322 +1.7% | $96,453 +2% |
| 2018 | $1,301 +3.8% | $94,562 +2% |
| 2017 | $1,254 | $92,708 +2% |
| 2016 | $1,254 +2.1% | $90,891 +1.5% |
| 2015 | $1,228 +3.7% | $89,526 +2% |
| 2014 | $1,184 | $87,773 +0.5% |
| 2013 | -- | $87,377 +2% |
| 2012 | -- | $85,664 +2% |
| 2011 | -- | $83,985 +0.8% |
| 2010 | -- | $83,358 -0.2% |
| 2009 | -- | $83,557 +2% |
| 2008 | -- | $81,919 +2% |
| 2007 | -- | $80,313 +2% |
| 2006 | -- | $78,739 +2% |
| 2005 | -- | $77,196 +2% |
| 2004 | -- | $75,683 +1.9% |
| 2003 | -- | $74,296 +2% |
| 2002 | -- | $72,840 +2% |
| 2001 | $747 +2.7% | $71,412 +2% |
| 2000 | $727 | $70,012 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.6 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.1 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$4,215,700
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Estimated market value
$4,215,700
- California
- Orange County
- Newport Beach
- 92661
- 301 Lindo Ave
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