209 Diamond Lot 5
Newport Beach, CA, 92662
$4,500,000
3 Beds
3 Baths
1,550 SqFt
0.06 Acres
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One-of-a-kind three-bedroom Balboa Island cottage offering one of the most exceptional front yards on the Island. The brick-lined garden includes mature landscaping, outdoor dining, a fireplace, barbecue, multiple seating areas, and a storybook tree with a hanging swing, creating a rare extension of everyday living and an ideal setting for relaxing or entertaining. Inside, the first level provides vaulted ceilings, warm living area with fireplace, separate dining space, bathroom, and a beautifully updated kitchen with high-end appliances and walk-in pantry, along with a garage that includes a sauna and private office or den. The second level offers a generous primary bedroom with fireplace, two guest rooms, two bathrooms including one with walk-in shower and freestanding tub, complete with access to an expansive private deck. Fully remodeled with a standing seam roof and thoughtful finishes throughout, this cottage is one of the Island’s most charming homes with outdoor space that is hard to match.

Property Details

Price:
$4,500,000
MLS #:
NP25267871
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Balboa Island – Main Island BALM
Neighborhood:
n9lowernewportbaybalboaisland
Listed Date:
Dec 1, 2025
Finished Sq Ft:
1,550
Lot Size:
2,550 sqft / 0.06 acres (approx)
Year Built:
1944
N9 – Lower Newport Bay – Balboa IslandN9lowernewportbaybalboaislandBalboa Island – Main Island BalmNewport Mesa UnifiedNone

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Schools

School District:
Newport Mesa Unified

Interior

Appliances
DW, MW, RF, GO, GR
Bathrooms
3 Full Bathrooms
Cooling
NO
Flooring
WOOD
Heating
FA
Laundry Features
IN

Exterior

Community Features
SL
Parking Spots
2

Financial

Map

Community

Subdivisions in Newport Beach

Market Summary

Current real estate data for Single Family in Newport Beach as of Dec 06, 2025
253
Single Family Listed
61
Avg DOM
1,112
Avg $ / SqFt
$3,299,367
Avg List Price

Property Summary

    Located in the Balboa Island – Main Island (BALM) subdivision, 209 Diamond Lot 5 Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92662. It is listed for $4,500,000 and features 3 beds, 3 baths, and has approximately 1,550 square feet of living space, and was originally constructed in 1944. The current price per square foot is $2,903. The average price per square foot for Single Family listings in Newport Beach is $1,112. The average listing price for Single Family in Newport Beach is $3,299,367.

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