Skip main navigation
For sale
  • Listed by: Coldwell Banker Realty • Tim Smith • Contact: 949.478.2295
    $8,495,000

    308 Grand Canal, Newport Beach, CA 92662

    3beds
    2,181sqft
    : 
    $56,028/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    2,175 Square Feet Lot
    $8,130,800 Zestimate®
    $3,895/sqft
    $-- HOA

    What's special

    An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as hand-carved fireplace mantels, bespoke draperies, custom window treatments, wall coverings, and designer faucets/fixtures throughout. Anchored by a custom fireplace, the open-plan living area is accoutered with beamed ceilings, accordion glass doors, stone flooring, built-in shelving, and electric Lutron shades that open to reveal a soothing backdrop of the bay. Outside, entertain and dine al fresco in the heated covered patio made for year-round enjoyment. Tailored to modern tastes, the chef’s kitchen is dressed in stone countertops, subway tile backsplash, white shaker cabinetry, heated floors, and built-in Wolf and Sub-Zero appliances. Rounding out the main level is a breakfast nook, half bath, and 84-bottle wine room with storage racks. A curved wooden staircase rises to the second level where all three generously proportioned en suite bedrooms reside including the opulent fireplace-warmed primary suite equipped with two large walk-in California Closets, spa-like bath outfitted in marble, heated floors, discrete built-in refrigerator, and accordion glass doors that lead to a private wrap-around balcony with heated flooring. Crowning the home on the third floor is an exercise room with an en suite bath and an executive office featuring wood flooring and lighted, built-in display cases and cabinets. Beyond, the view roof deck is the idyllic entertainment venue with covered and uncovered spaces serviced by a kitchenette for easy hosting. Additional highlights include an ELEVATOR servicing all three levels, Control4 AV and lighting system, Hikvision security camera system, Electrolux washer/dryer, TOTO toilet/bidet, electric-powered blinds in living room and primary bedroom, and two-car garage with built-in cabinets/storage. Set near picturesque beaches, shopping, dining, Lido House Hotel, and championship golf courses, in an exclusive waterfront community, the dream comes alive at 308 Grand Canal.
    174 days
    |
    894
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Smith DRE #01346878 949.478.2295,

    Coldwell Banker Realty,

    Donald Abrams DRE #01234323,

    Abrams Coastal Properties

    Source: CRMLS,MLS#: NP26031570MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Exercise Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Wine Cellar
      Bathroom
      • Features: Dual Sinks, Enclosed Toilet, Heated Floor, Multiple Shower Heads, Separate Shower, Walk-In Shower
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: 6 Burner Stove, Built-In Range, Double Oven, Freezer, Refrigerator, Warming Drawer
      • Laundry: Inside, Laundry Room, Upper Level
      Features
      • Beamed Ceilings, Built-in Features, Balcony, Breakfast Area, Eat-in Kitchen, Elevator, Pantry, Recessed Lighting, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
      • Flooring: Stone, Wood
      • Windows: Blinds, Custom Covering(s)
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,181 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Single, Garage, Garage Faces Rear
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Patio & porch: Deck, Patio
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bayfront, Ocean Side Of Freeway, Ocean Side Of Highway
      Lot
      • Size: 2,175 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 05020209
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Turnkey
      • New construction: No
      • Year built: 2017

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Water Sports
      • Security: Security System, Closed Circuit Camera(s)
      • Subdivision: Balboa Island - Little Island (Ball)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $3,895/sqft
      • Tax assessed value: $8,118,241
      • Annual tax amount: $85,462
      • Date on market: 2/12/2026
      • Cumulative days on market: 174 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $8,130,800

        $7.72M - $8.54M

        $23,284/mo

        Price history

        DateEventPrice
        4/23/2026Price change$8,495,000-5.6%$3,895/sqft
        Source: CRMLS #NP26031570 Report a problem
        2/13/2026Listed for sale$8,995,000+17.6%$4,124/sqft
        Source: CRMLS #NP26031570 Report a problem
        4/18/2022Sold$7,650,000-4.3%$3,508/sqft
        Source: Public Record Report a problem
        3/18/2022Price change$7,995,000-5.9%$3,666/sqft
        Source: CRMLS #NP22032556 Report a problem
        2/20/2022Listed for sale$8,495,000+83.7%$3,895/sqft
        Source: CRMLS #NP22032556 Report a problem
        8/18/2017Sold$4,625,000+320.5%$2,121/sqft
        Source: Public Record Report a problem
        5/12/2015Sold$1,100,000-47.6%$504/sqft
        Source: Public Record Report a problem
        12/31/2013Sold$2,100,000$963/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$85,462 +1.6%$8,118,241 +2%
        2024$84,138 +2.4%$7,959,060 +2%
        2023$82,179 +56.7%$7,803,000 +57.4%
        2022$52,451 +4%$4,958,934 +4%
        2021$50,439 +1%$4,766,373 +1%
        2020$49,955 $4,717,500
        2019$49,955 +0.1%$4,717,500 +2%
        2018$49,883 +81.1%$4,625,000 +79%
        2017$27,547 $2,583,086 +10.7%
        2016$27,547 +10.9%$2,333,854 +9%
        2015$24,842 +10.2%$2,141,958 +2%
        2014$22,550 $2,100,000 +1126.2%
        2013-- $171,258 +2%
        2012-- $167,900 +2%
        2011-- $164,608 +0.8%
        2010-- $163,378 -0.2%
        2009-- $163,767 +2%
        2008-- $160,556 +2%
        2007-- $157,408 +2%
        2006-- $154,322 +2%
        2005-- $151,297 +2%
        2004-- $148,331 +1.9%
        2003-- $145,613 +2%
        2002-- $142,758 +2%
        2001$2,418 +1.7%$139,959 +2%
        2000$2,378 $137,215
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92662

        Getting around

        76 / 100
        Very Walkable
        36 / 100
        Some Transit
        69 / 100
        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