Skip main navigation
For sale
  • Listed by: Kott & Company, Inc. • Casey Brookman • Contact: 714-993-7005
    Price cut: $50K (7/31)
    $2,745,000

    306 Alvarado Pl, Newport Beach, CA 92661

    3beds
    1,033sqft
    : 
    $17,958/mo
    Get pre-qualified
    Single Family Residence
    Built in 1912
    1,742 Square Feet Lot
    $2,707,500 Zestimate®
    $2,657/sqft
    $-- HOA

    What's special

    Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe. Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence. The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area. The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout. The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer. Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach. There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos.
    165 days
    |
    1,030
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey Brookman DRE #01114782 714-993-7005,

    Kott & Company, Inc.

    Source: CRMLS,MLS#: PW26049798MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • 3/4 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom, Other
      Primary bedroom
      • Features: Main Level Primary
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Bathroom Exhaust Fan, Remodeled, Separate Shower, Upgraded
      Kitchen
      • Features: Butler's Pantry, Kitchen/Family Room Combo, Stone Counters, Remodeled, Updated Kitchen
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Free-Standing Range, Disposal, Gas Range, Refrigerator
      • Laundry: Laundry Room, Stacked
      Features
      • Beamed Ceilings, Breakfast Bar, Furnished, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, All Bedrooms Down, Main Level Primary, Primary Suite, Walk-In Closet(s)
      • Flooring: Laminate
      • Windows: Blinds, Double Pane Windows, Plantation Shutters
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,033 sqft

      Property

      Parking
      • Parking features: Carport, Other, On Street
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front Deck
      • Patio & porch: Concrete, Covered, Deck, Front Porch, Patio
      • Exterior features: Awning(s), Barbecue
      • Pool features: None
      • Has spa: Yes
      • Spa features: Above Ground
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Across the Road from Lake/Ocean, Ocean Access
      Lot
      • Size: 1,742 Square Feet
      • Features: Street Level
      Details
      • Parcel number: 04810226
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1912

      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, Curbs, Fishing, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Balboa Island - Main Island (Balm)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,657/sqft
      • Tax assessed value: $2,713,200
      • Date on market: 3/6/2026
      • Cumulative days on market: 165 days
      • Listing terms: Cash,Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        $2,707,500

        $2.57M - $2.84M

        $6,856/mo

        Price history

        DateEventPrice
        7/31/2026Price change$2,745,000-1.8%$2,657/sqft
        Source: CRMLS #PW26049798 Report a problem
        6/23/2026Price change$2,795,000-1.8%$2,706/sqft
        Source: CRMLS #PW26049798 Report a problem
        4/8/2026Price change$2,845,000-1.7%$2,754/sqft
        Source: CRMLS #PW26049798 Report a problem
        3/6/2026Listed for sale$2,895,000+8.8%$2,803/sqft
        Source: CRMLS #PW26049798 Report a problem
        10/7/2024Sold$2,660,000-1.5%$2,575/sqft
        Source: CRMLS #OC24123719 Report a problem
        10/1/2024Pending sale$2,699,900$2,614/sqft
        Source: CRMLS #OC24123719 Report a problem
        9/17/2024Contingent$2,699,900$2,614/sqft
        Source: CRMLS #OC24123719 Report a problem
        9/4/2024Price change$2,699,900-5.3%$2,614/sqft
        Source: CRMLS #OC24123719 Report a problem
        6/19/2024Listed for sale$2,849,900+67.6%$2,759/sqft
        Source: CRMLS #OC24123719 Report a problem
        3/20/2020Listing removed$5,950$6/sqft
        Source: Compass #OC20031889 Report a problem
        2/14/2020Listed for rent$5,950$6/sqft
        Source: Compass #OC20031889 Report a problem
        11/4/2019Listing removed$5,950$6/sqft
        Source: Compass #OC19216224 Report a problem
        10/12/2019Price change$5,950-4.8%$6/sqft
        Source: Compass #OC19216224 Report a problem
        10/3/2019Price change$6,250-10.1%$6/sqft
        Source: Compass #OC19216224 Report a problem
        9/20/2019Price change$6,950-3.5%$7/sqft
        Source: Compass #OC19216224 Report a problem
        9/10/2019Listed for rent$7,200$7/sqft
        Source: Compass #OC19216224 Report a problem
        9/5/2019Sold$1,700,000-2.9%$1,646/sqft
        Source: CRMLS #OC19133432 Report a problem
        7/8/2019Pending sale$1,750,000$1,694/sqft
        Source: Compass #OC19133432 Report a problem
        6/14/2019Listed for sale$1,750,000+59.1%$1,694/sqft
        Source: Compass #OC19133432 Report a problem
        7/15/2015Sold$1,100,000$1,065/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $2,713,200 +2%
        2025$28,438 +44.1%$2,660,000 +45.9%
        2024$19,730 +2.4%$1,822,743 +2%
        2023$19,266 -2%$1,787,003 +2%
        2022$19,666 +0.8%$1,751,964 +2%
        2021$19,516 -3.4%$1,717,612 +1%
        2020$20,194 +4.4%$1,700,000 +6.8%
        2019$19,341 +6.3%$1,591,812 +2%
        2018$18,195 +3.1%$1,560,600 +2%
        2017$17,653 $1,530,000 +2%
        2016$17,653 +2.2%$1,500,000 +2840.8%
        2015$17,275 +748.2%$51,006 +2%
        2014$2,037 $50,007 +0.5%
        2013-- $49,781 +2%
        2012-- $48,805 +2%
        2011-- $47,849 +0.8%
        2010-- $47,492 -0.2%
        2009-- $47,606 +2%
        2008-- $46,673 +2%
        2007-- $45,758 +2%
        2006-- $44,861 +2%
        2005-- $43,982 +2%
        2004-- $43,120 +1.9%
        2003-- $42,330 +2%
        2002-- $41,500 +2%
        2001$543 +2.5%$40,687 +2%
        2000$530 $39,890
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92661

        Getting around

        70 / 100
        Very Walkable
        24 / 100
        Minimal Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help