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Sold for $2,850,000
  • Listed by: Coldwell Banker Realty • Jason C Bradshaw • Contact: 949-433-3001
    Bought with: Coldwell Banker Realty
    $2,850,000

    307 Anade Ave, Newport Beach, CA 92661

    4beds
    2,189sqft
    Duplex
    Built in 1961
    2,178 Square Feet Lot
    $3,634,600 Zestimate®
    $1,302/sqft
    $7,914 Estimated rent

    Home value

    $3,634,600

    $3.27M - $4.11M

    $7,914/mo

    Zestimate® history
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    What's special

    STEPS to BOTH the Newport Bay and the sandy beach, and just a few short blocks to the Balboa Fun Zone, dining, shopping and the Balboa Island Ferry, this truly unique residence is nestled within the "Super Seven" of the Balboa Peninsula—streets predominantly occupied by long-term owners. This versatile floor plan offers the flexibility to function as EITHER a duplex OR a single-family residence. Currently, it features a two-bedroom, two and a half-bath main unit AND a separate two-bedroom, two-bath upper unit, each with its own amenities! This one-of-a-kind property seamlessly blends personal luxury with investment potential, boasting open concept living spaces and an upstairs guest/rental unit that can be integrated with the main home if desired. Thoroughly updated, the recent remodel of the “main house” introduced hardwood flooring in the large great room that opens to both the front sunny patio and the gourmet kitchen with quartz counters, and premium LG & Samsung appliances. There is an oversized main level bedroom with adjacent full bath, along with a powder bath for guests. The second level master or primary suite stands out with its vaulted ceiling, cedar walk-in closet, and luxury fittings. The second unit has an optional exterior staircase entry to its family room with vaulted ceilings and a sunny balcony, open kitchen, private laundry, and 2 additional en suite bedrooms with private bathrooms. For added comfort, central heating and AC are available downstairs, while the upstairs rooms benefit from four mini-split units. An owned solar panel system with a backup battery ensures eco-friendly power. Additional features include a tankless water heater, full pex repipe, water filtration, and smart-home crestron automation, all complemented by an oversized two-car garage. Such versatile homes on the Balboa Peninsula are rare, making this a prime opportunity in a coveted location to enjoy beach-life all year around or easily rent out a portion of the home short or long term.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason C Bradshaw DRE #01304396 949-433-3001,

    Coldwell Banker Realty,

    Tim Smith DRE #01346878 949-478-2295,

    Coldwell Banker Realty

    Bought with:

    Tim Smith, DRE #01346878

    Coldwell Banker Realty

    Darren Smith, DRE #01233459

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC24046713MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Dual Sinks, Multiple Shower Heads, Separate Shower, Tile Counters, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Quartz Counters, Stone Counters, Updated Kitchen
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Solar
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator
    • Laundry: Inside
    Features
    • Beamed Ceilings, Balcony, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,189 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Garage
    • Attached garage spaces: 2
    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: Neighborhood
    • Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 2,178 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 04805121
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • 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: $1,302/sqft
    • Tax assessed value: $2,103,145
    • Annual tax amount: $22,600
    • Date on market: 3/7/2024
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/1/2026Listing removed$4,550$2/sqft
    Source: CRMLS #NP25216715 Report a problem
    12/17/2025Price change$4,550-4.2%$2/sqft
    Source: CRMLS #NP25216715 Report a problem
    11/5/2025Price change$4,750-5%$2/sqft
    Source: CRMLS #NP25216715 Report a problem
    10/10/2025Price change$4,999-22.8%$2/sqft
    Source: CRMLS #NP25216715 Report a problem
    9/30/2025Price change$6,475-12.8%$3/sqft
    Source: CRMLS #NP25216715 Report a problem
    9/17/2025Listed for rent$7,425$3/sqft
    Source: CRMLS #NP25216715 Report a problem
    3/7/2024Sold$2,850,000-5%$1,302/sqft
    Source: CRMLS #OC24046713 Report a problem
    12/31/2023Contingent$2,999,995$1,370/sqft
    Source: CRMLS #OC23168545 Report a problem
    9/8/2023Listed for sale$2,999,995+566.7%$1,370/sqft
    Source: CRMLS #OC23168545 Report a problem
    10/20/1997Sold$450,000$206/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,600 +208.8%$2,103,145 +238.5%
    2024$7,318 +7%$621,334 +2%
    2023$6,841 +1.8%$609,151 +2%
    2022$6,720 +1.9%$597,207 +2%
    2021$6,593 +1%$585,498 +1%
    2020$6,528 $579,495 +2%
    2019$6,528 +2%$568,133 +2%
    2018$6,400 +2.6%$556,994 +2%
    2017$6,238 $546,073 +2%
    2016$6,238 +2.2%$535,366 +1.5%
    2015$6,102 -2.8%$527,325 +2%
    2014$6,278 $516,996 +0.5%
    2013-- $514,660 +2%
    2012-- $504,569 +2%
    2011-- $494,676 +0.8%
    2010-- $490,979 -0.2%
    2009-- $492,147 +2%
    2008-- $482,498 +4.2%
    2007-- $463,038 +2%
    2006-- $453,959 +2%
    2005-- $445,058 +2%
    2004-- $436,332 +1.9%
    2003-- $428,335 +2%
    2002-- $419,937 +2%
    2001$4,870 +16%$411,703 +2%
    2000$4,199 $403,631
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,634,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,634,600