Ideally located in the middle of the Balboa Peninsula in Newport Beach, this charming beach house is moments from the beach and the bay. An inviting front patio makes everyone feel welcome and introduces the newly redone home, where a fresh, white interior exemplifies open-concept living. Anchored by a stone fireplace, the great room and dining area easily caters to memorable entertaining and kick-back daily living. Three bedrooms and two baths are featured in approximately 1,389 square feet, making this enviable cottage a fabulous year-round residence and the perfect vacation getaway. Serve up your favorite meals in an island kitchen that hosts a breakfast bar, stainless steel appliances and granite countertops. Hardwood flooring, French doors, large windows, custom crown molding, a classic Dutch entry door, a stylish clawfoot bathtub and upgraded lighting combine to enrich the home with undeniable and enduring appeal. The cottage’s outstanding setting encourages leaving the car at home while exploring nearby shops, popular restaurants and the Balboa Pier.
Sold for $2,550,000
Listed by: Redfin • Abby Corpodian • Contact: 877-973-3346
Bought with: Redfin
$2,550,000
311 Montero St, Newport Beach, CA 92661
3beds
1,339sqft
Single Family Residence
Built in 1940
2,100 Square Feet Lot
$3,170,100 Zestimate®
$1,904/sqft
$7,218 Estimated rent
Home value
$3,170,100
$2.88M - $3.52M
$7,218/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Abby Corpodian DRE #01908815 877-973-3346,
Redfin
Bought with:
Abby Corpodian, DRE #01908815
Redfin
Source: CRMLS,MLS#: OC23231143
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Attic, Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Tub Shower, Walk-In Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers
Heating
- Central, Fireplace(s), Natural Gas
Cooling
- Gas, None
Appliances
- Included: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
Features
- Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Attic, Bedroom on Main Level
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,339 sqft
Property
Parking
- Total spaces: 1
- Parking features: Direct Access, Door-Single, Garage, Garage Faces Rear
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Vinyl
- Has view: Yes
- View description: Bay, City Lights, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 2,100 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 04806223
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Biking, Fishing, Street Lights, Sidewalks, Water Sports
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,904/sqft
- Tax assessed value: $2,601,000
- Annual tax amount: $27,658
- Date on market: 1/11/2024
- Cumulative days on market: 103 days
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
- Inclusions: Refrigerator, washer, dryer, outdoor BBQ, mounted TVs, specific plants
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $2,550,000-7.2%$1,904/sqft |
Source:  CRMLS #OC23231143 Report a problem | ||
| 5/29/2024 | Pending sale | $2,749,000$2,053/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 4/24/2024 | Contingent | $2,749,000$2,053/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 4/15/2024 | Price change | $2,749,000-3.5%$2,053/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 4/4/2024 | Price change | $2,849,000-1.8%$2,128/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 2/22/2024 | Price change | $2,900,000-3.2%$2,166/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 1/11/2024 | Listed for sale | $2,995,000+15.7%$2,237/sqft |
Source: CRMLS #OC23231143 Report a problem | ||
| 1/9/2023 | Sold | $2,588,000-0.3%$1,933/sqft |
Source: Public Record Report a problem | ||
| 12/13/2022 | Pending sale | $2,595,000$1,938/sqft |
Source: CRMLS #OC22240018 Report a problem | ||
| 11/11/2022 | Listed for sale | $2,595,000+79%$1,938/sqft |
Source: CRMLS #OC22240018 Report a problem | ||
| 4/26/2013 | Sold | $1,450,000-3%$1,083/sqft |
Source: Public Record Report a problem | ||
| 2/23/2013 | Listed for sale | $1,495,000$1,117/sqft |
Source: Surterre Properties Inc. #NP13029250 Report a problem | ||
| 2/23/2013 | Listing removed | $5,000$4/sqft |
Source: Surterre Properties Inc. #U12000791 Report a problem | ||
| 2/24/2012 | Listed for rent | $5,000$4/sqft |
Source: Surterre Properties Inc. #U12000791 Report a problem | ||
| 1/20/2012 | Listing removed | $1,495,000$1,117/sqft |
Source: Surterre Properties Inc. #U11000335 Report a problem | ||
| 1/27/2011 | Price change | $1,495,000-11.8%$1,117/sqft |
Source: Surterre Properties, Inc. #U11000335 Report a problem | ||
| 8/28/2010 | Listed for sale | $1,695,000+9.4%$1,266/sqft |
Source: Surterre Properties, Inc. #U9001831 Report a problem | ||
| 10/10/2006 | Sold | $1,550,000+7.8%$1,158/sqft |
Source: Public Record Report a problem | ||
| 5/19/2005 | Sold | $1,437,500+189.8%$1,074/sqft |
Source: Public Record Report a problem | ||
| 10/2/1998 | Sold | $496,000$370/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,658 -1.8% | $2,601,000 -1.5% |
| 2024 | $28,168 -10.6% | $2,639,760 +53.8% |
| 2023 | $31,510 +74.4% | $1,716,231 +2% |
| 2022 | $18,066 +1.9% | $1,682,580 +2% |
| 2021 | $17,720 +1% | $1,649,589 +1% |
| 2020 | $17,550 | $1,632,675 +2% |
| 2019 | $17,550 +2.1% | $1,600,662 +2% |
| 2018 | $17,188 +3.9% | $1,569,277 +2% |
| 2017 | $16,549 | $1,538,507 +2% |
| 2016 | $16,549 +2.3% | $1,508,341 +1.5% |
| 2015 | $16,178 +3.4% | $1,485,685 +2% |
| 2014 | $15,648 | $1,456,583 -8.5% |
| 2013 | -- | $1,591,420 +11% |
| 2012 | -- | $1,433,712 -4% |
| 2011 | -- | $1,493,451 |
| 2010 | -- | $1,493,451 -0.2% |
| 2009 | -- | $1,497,000 -3.4% |
| 2008 | -- | $1,550,000 |
| 2007 | -- | $1,550,000 +5.7% |
| 2006 | -- | $1,466,250 +162.8% |
| 2005 | -- | $557,846 +2% |
| 2004 | -- | $546,908 +1.9% |
| 2003 | -- | $536,885 +2% |
| 2002 | -- | $526,358 +2% |
| 2001 | $5,258 +2.6% | $516,038 +2% |
| 2000 | $5,125 | $505,920 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.8 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$3,170,100
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Estimated market value
$3,170,100
- California
- Orange County
- Newport Beach
- 92661
- 311 Montero St
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