3
Bedrooms
Sold for $2,699,000 · Nov 2026
SOLDListed at $2,745,000
Newport Beach, CA
MLS# PW26049798
Casey Brookman
Listing Agent
Kott & Company, Inc.
DRE #: 01114782
Brokerage: Kott & Company, Inc.
3
Bedrooms
2
Bathrooms
1,033 sqft
Square Feet
1912
Year Built
1,742 sqft
Lot Size
$2,613
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Single Family Home
Property Type
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, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer. 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. There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos. The owner may consider leasing the property.
Listing description from the November 2026 sale, as reported to CRMLS.
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3 recorded sales
306 Alvarado Place sold for $2,699,000 in November 2026, 1.7% under its $2,745,000 list price, after 207 days on the market. It was first listed at $2,895,000. That works out to $2,613 per square foot on 1,033 square feet. Across 40 closed sales in 92661 over the last 12 months, the median sold price is $4,885,500 and the median is $2,464 per square foot, 5.7% below this sale's $2,613. 3-bedroom rentals in 92661 currently list at a median of $12,000 a month (10 listings).
| Quarter | Closed sales in 92661 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $5,350,000 |
| Q2 2026 | 15 | $6,700,000 |
| Q3 2026 | 16 | $4,400,000 |
| Q4 2026 | 5 | $4,850,000 |
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 92661
Closed sales reported in 92661, nearest first, last 12 months. All recent sales in Newport Beach →
306 Alvarado Place
Contact Casey Brookman
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Contact Listing Agent
Kott & Company, Inc.
DRE #01114782
Contact information is not available for this listing.