Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe.
Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence.
The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area.
The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout.
The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning and retractable gate.
Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach.
Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence.
The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area.
The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout.
The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning and retractable gate.
Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach.
Property Details
Price:
$2,895,000
MLS #:
PW26049798
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Balboa Island – Main Island BALM
Neighborhood:
npbalboapeninsula
Listed Date:
Mar 7, 2026
Finished Sq Ft:
1,033
Lot Size:
1,742 sqft / 0.04 acres (approx)
Year Built:
1912
See this Listing
Schools
School District:
Newport Mesa Unified
Interior
Appliances
DW, GD, RF, GR, FSR
Bathrooms
2 Three Quarter Bathrooms
Cooling
CA
Flooring
LAM
Heating
CF
Interior Features
FU, RECL, STNC, LRDA, OFP, BC
Laundry Features
IR, STK
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Accessibility Features
NO
Architectural Style
BNG
Common Walls
NCW
Community Features
SDW, CRB, FISH, BIKI
Construction Materials
WOD
Direction Faces
N
Exterior Features
AW, BQ
Patio And Porch Features
CON, CO, DK, PTO, POF
Roof
CMP
Security Features
SD, COD
Spa Features
AG
View
BA
Waterfront Features
OCN, ARLO
Window Features
PLS, BLI, DPW
Financial
Map
Community
- Address306 Alvarado PL Newport Beach CA
- SubdivisionBalboa Island – Main Island (BALM)
- CityNewport Beach
- CountyOrange
- Zip Code92661
Subdivisions in Newport Beach
- Back Bay Custom Homes BBCS
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Baycrest North BCNO
- Baycrest South BCSO
- Bayridge BRID
- Bayshores BSHR
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Belcourt Hill BLHL
- Belcourt Terrace BLTR
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain BCMC
- Bluffs Original BORI
- Bluffs Plaza Area BOPL
- Bluffs Tennis Villas BNTV
- Bonnie Bay Highland Homes UBHH
- Cannery Village Mobile Park CVMP
- Castaways CAST
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores “”100″” Series DSA1
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Granville GRNV
- Harbor Cove Promenade HCPM
- Harbor Hill HARH
- Harbor Island “”Drive”” HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Kings Road KGRD
- Lido Building #601 L601
- Lido Building #621 L621
- Lido Island LIDO
- Lido Peninsula LIPN
- Linda Isle LIND
- Madison BCYM
- Newport Crest NEWC
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Townhomes NNTH
- Newport Shores NEWS
- Promontory Bay Custom PBCS
- Providence OFPV
- Santa Ana Heights Residential SAHR
- Sea Island – Lusk SILK
- Seaview SEAV
- Summer House OFSH
- Versailles VERS
- Villa Balboa VBAL
- Villa Point VILP
- Villa Siena VSEN
- West Newport Beach WSNB
- Westcliff East WCDE
- Westcliff West WCDW
Market Summary
Current real estate data for Single Family in Newport Beach as of Apr 07, 2026
446
Single Family Listed
90
Avg DOM
1,171
Avg $ / SqFt
$3,742,296
Avg List Price
Property Summary
- Located in the Balboa Island – Main Island (BALM) subdivision, 306 Alvarado PL Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $2,895,000 and features 3 beds, 2 baths, and has approximately 1,033 square feet of living space, and was originally constructed in 1912. The current price per square foot is $2,803. The average price per square foot for Single Family listings in Newport Beach is $1,171. The average listing price for Single Family in Newport Beach is $3,742,296.
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