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Sold for $5,450,000 · Aug 2024

SOLD

Listed at $5,995,000

Sold

125 Grand Canal, Newport Beach, CA 92662

Newport Beach, CA

MLS# LG24031352

2,520 Sq Ft • Single Family Home5bd • 4ba
111 days on market

Listing Agent

John Stanaland

Listing Agent

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

DRE #: 01223768

Brokerage: DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Property Details

5

Bedrooms

4

Bathrooms

2,520 sqft

Square Feet

1985

Year Built

2,550 sqft

Lot Size

$2,163

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Located along the shimmering canal, this Eastern coastal style home offers an opportunity to reside in a prime Balboa Island location - with a coveted private boat dock to match. This spacious, approximately 2,520 square foot fully remodeled haven offers the best of waterfront living. The bright and airy open-concept living area features iconic Newport Harbor views and abounds in elegant details, such as a sizable brick-surround fireplace with a wooden mantle, coffered ceilings, arched windows, and extensive custom millwork. The sun-drenched main level offers access to the two outdoor areas, with the canal-facing patio adjacent to the private dock serving as one of this home's main highlights, ideal for enjoying the local climate and water activities year-round. On the upper floor, the water-facing primary suite is truly grand, with a vaulted beamed ceiling, walls of windows to take in the incredible views, a five-piece bathroom, and access to a large balcony via French doors. The remaining bedrooms are ample and can serve as sleeping quarters, a secondary living area, or a home office. Onsite parking for three cars, including a two-car garage, completes this residence. 125 Grand Canal features a fantastic location, with the boutiques, grocery store, and restaurants of iconic Marine Avenue steps away - and easy access on and off the island for convenience. Minutes away from Fashion Island, John Wayne Airport, and legendary local beaches.

Listing description from the August 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
CentralAir
Heating
Central
View
CityLights, Coastline, Neighborhood, Ocean, Water

Sale history for 125 Grand Canal

1 recorded sale

$5,450,000
Sold August 2024 · listed $5,995,000, orig. $6,495,000, on market February 2024, 111 days on market · MLS #LG24031352 · Source: CRMLS
Listing Agent: John Stanaland · Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC. · Contact: 949-689-9047 · Bought with: Donald Abrams · Abrams Coastal Properties

How this sale compares

125 Grand Canal sold for $5,450,000 in August 2024, 9.1% under its $5,995,000 list price, after 111 days on the market. It was first listed at $6,495,000. That works out to $2,163 per square foot on 2,520 square feet. Across 31 closed sales in 92662 over the last 12 months, the median sold price is $4,400,000 and the median is $2,282 per square foot, 5.5% above this sale's $2,163.

$2,163
This sale, per sq ft
$2,282
92662 median per sq ft (12 mo)
$4,400,000
92662 median sold price (12 mo)
31
Closed sales in 92662 (12 mo)
111
Days on market
−9.1%
Sold vs. list price
QuarterClosed sales in 92662Median sold price
Q1 20262$5,450,000
Q2 202610$5,355,000
Q3 202615$3,500,000
Q4 20264$5,012,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92662

Recent sales near 125 Grand Canal

Closed sales reported in 92662, newest first, last 12 months. All recent sales in Newport Beach →

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