5
Bedrooms
Sold for $5,450,000 · Aug 2024
SOLDListed at $5,995,000
Newport Beach, CA
MLS# LG24031352
John Stanaland
Listing Agent
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
DRE #: 01223768
Brokerage: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
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
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.
Location not available for this listing.
1 recorded sale
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.
| Quarter | Closed sales in 92662 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $5,450,000 |
| Q2 2026 | 10 | $5,355,000 |
| Q3 2026 | 15 | $3,500,000 |
| Q4 2026 | 4 | $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
Closed sales reported in 92662, newest first, last 12 months. All recent sales in Newport Beach →
125 Grand Canal
Contact John Stanaland
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Contact Listing Agent
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
DRE #01223768
Contact information is not available for this listing.