Step back in time with this charming 2 Bedroom, 1.5 Bathroom 1920 beach cottage. A rare find in a premier location nestled between beach and bay. Island Avenue is rich in history and just moments from the beloved Galley Café, Lombardy’s Market, the local library, and the vibrant restaurants and shops of Balboa Village. The property features versatile space that can be used as an office/den along with an extra parking space in front of the garage, offering both convenience and ease for you and your guests. Whether you choose to preserve this home’s timeless character or build something new, the possibilities are endless. Welcome to 323 Island Avenue.
Sold for $2,450,000
Listed by: Pacific Sotheby's Int'l Realty • Amelie Mason • Contact: 949-554-1200
Bought with: Pacific Sotheby's Int'l Realty
$2,450,000
323 Island Ave, Newport Beach, CA 92661
2beds
1,122sqft
Single Family Residence
Built in 1920
2,100 Square Feet Lot
$2,486,000 Zestimate®
$2,184/sqft
$6,728 Estimated rent
Home value
$2,486,000
$2.29M - $2.71M
$6,728/mo
Zestimate® history
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List your homeWhat's special
Extra parking spaceVersatile spacePremier location
Zillow last checked:
Listing updated:
Listed by:
Amelie Mason DRE #02028221 949-287-1021,
Pacific Sotheby's Int'l Realty,
Nicolai Glazer DRE #01857997,
Pacific Sotheby's Int'l Realty
Bought with:
Amelie Mason, DRE #02028221
Pacific Sotheby's Int'l Realty
Nicolai Glazer, DRE #01857997
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: NP25066155
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Den
Bathroom
- Features: Separate Shower
Cooling
- None
Appliances
- Included: Electric Range, Gas Range, Refrigerator
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,122 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2,100 Square Feet
- Dimensions: 30 x 70
- Features: 0-1 Unit/Acre
Details
- Parcel number: 04805231
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Sidewalks
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $2,184/sqft
- Tax assessed value: $2,499,000
- Date on market: 3/27/2025
- Cumulative days on market: 4 days
- Listing terms: Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Sold | $2,450,000-1.8%$2,184/sqft |
Source:  CRMLS #NP25066155 Report a problem | ||
| 4/1/2025 | Contingent | $2,495,000$2,224/sqft |
Source: CRMLS #NP25066155 Report a problem | ||
| 3/28/2025 | Listed for sale | $2,495,000$2,224/sqft |
Source: CRMLS #NP25066155 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,499,000 +6.3% |
| 2025 | $25,160 +2087.8% | $2,350,000 +2871.1% |
| 2024 | $1,150 +2.7% | $79,096 +2% |
| 2023 | $1,120 +2.3% | $77,546 +2% |
| 2022 | $1,095 +1.9% | $76,026 +2% |
| 2021 | $1,075 +1.1% | $74,536 +1% |
| 2020 | $1,063 | $73,772 +2% |
| 2019 | $1,063 +1.5% | $72,326 +2% |
| 2018 | $1,047 +3.7% | $70,908 +2% |
| 2017 | $1,009 | $69,518 +2% |
| 2016 | $1,009 +2.1% | $68,155 +1.5% |
| 2015 | $989 -33% | $67,132 +2% |
| 2014 | $1,477 | $65,817 +0.5% |
| 2013 | -- | $65,520 +2% |
| 2012 | -- | $64,236 +2% |
| 2011 | -- | $62,977 +0.8% |
| 2010 | -- | $62,507 -0.2% |
| 2009 | -- | $62,657 +2% |
| 2008 | -- | $61,429 +2% |
| 2007 | -- | $60,225 +2% |
| 2006 | -- | $59,045 +2% |
| 2005 | -- | $57,888 +2% |
| 2004 | -- | $56,753 +1.9% |
| 2003 | -- | $55,713 +2% |
| 2002 | -- | $54,621 +2% |
| 2001 | $1,128 +104.9% | $53,550 +2% |
| 2000 | $551 | $52,500 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.7 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
$2,486,000
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Estimated market value
$2,486,000
- California
- Orange County
- Newport Beach
- 92661
- 323 Island Ave
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