Single-family home
Listing Agent: Brian Davis (DRE #02067087) · Listing Office: Douglas Elliman of California Inc. · Contact: 9495629119 · Bought with: Heather Kidder · Pacific Sotheby's Int'l Realty · MLS #OC26198010 · Source: CRMLS
221 Abalone sold for $5,995,000 in September 2026, at its full list price, after 1 days on the market. That works out to $2,017 per square foot on 2,972 square feet. Across 28 closed sales in 92662 over the last 12 months, the median sold price is $4,117,500 and the median is $2,107 per square foot, 4.5% above this sale's $2,017. 4-bedroom rentals in 92662 currently list at a median of $26,425 a month (6 listings).
| Quarter | Closed sales in 92662 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $5,450,000 |
| Q2 2026 | 10 | $5,355,000 |
| Q3 2026 | 16 | $3,618,355 |
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
Little Balboa Island doesn't often offer a home rebuilt this completely. 221 Abalone is the exception. Behind its approximately 2,972 square feet lies a residence reborn: over 1,800 SF of entirely new construction, with the balance of the home stripped to bare framing, inside and out, and reconstructed from the ground up. Every system — plumbing, electrical, HVAC, fire suppression, and an extensive low-voltage/AV network — was engineered new, beneath a fresh standing-seam metal roof and a fully reworked exterior envelope. Four en-suite bedrooms include a rare architectural offering for the island: both a Super Primary Suite and a Secondary Primary Suite, granting two true primary-level retreats — a coveted arrangement for guests, extended family, or simply uncompromising privacy. Ten-foot ceilings lend the interiors a rare sense of volume, while a 267 SF covered terrace extends the living experience into the island air. The craftsmanship is unmistakable throughout. Wide-plank wood flooring and Level 5 smooth walls set a refined foundation, layered with custom cabinetry, built-ins, and 5½-inch baseboards. The kitchen commands attention with an oversized Taj Mahal stone island, a material echoed in the primary bath and reprised in dramatic slab form within the Super Primary's shower. Zellige and designer tile, a sculptural glass staircase railing, exterior glass guardrails, and satin-brass fixtures throughout complete the composition. This is island living distilled to its finest form — the intimacy and charm Balboa Island commands, elevated by the caliber of construction reserved for the most discerning new builds.
Listing description from the September 2026 sale, as reported to CRMLS.
Closed sales reported in 92662, nearest first, last 12 months. All recent sales in Newport Beach →