1520 Abalone, Newport Beach, California 92662, Newport Beach, 92662 - 4 bed, 5 bath

1520 Abalone, Newport Beach, California 92662 home-pic-0
ACTIVE$5,095,000
1520 Abalone, Newport Beach, California 92662
4Beds
5Baths
2,450Sqft
2,542Lot
Year Built
1972
Close
-
List price
$5.09M
Original List price
$5.09M
Price/Sqft
$2,080
HOA
-
Days on market
-
Sold On
-
MLS number
NP25277083
Home ConditionExcellent
Features
Good View: Neighborhood
Deck
Spa
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 5 Cons,5 Pros. Rank: price - $5.09M(65th), sqft - 2450(75th), beds - 4(55th), baths - 5(85th).

Set on a storybook corner of coveted Little Balboa Island, recently remodeled 1520 Abalone Place captures the rare magic that makes this enclave so deeply cherished. Just steps from both the shimmering bay and the heart of Balboa Island, the charming Marine Avenue, lined with darling shops, cafes and restaurants, the location is nothing short of enchanting. Reimagined from top to bottom for effortless island living, the home unfolds across two thoughtfully designed levels, unified by white oak flooring and refined coastal finishes throughout. The lower level is designed for seamless indoor–outdoor living, featuring a secondary kitchen, two bedrooms, and one and a half bathrooms. Sliding doors open to inviting outdoor seating areas and a private jacuzzi, creating a relaxed extension of the living space perfect for hosting guests or unwinding after a day on the water. Upstairs, the home opens into a light-filled great room anchored by a cozy stone fireplace. A grand chef’s kitchen with quartz countertops and Wolf and Fisher Paschal appliances offers bar seating, perfect for entertaining and an effortless connection to the living and dining areas. Bifold windows fold away to invite ocean breezes and blur the line between indoors and out. Two additional bedrooms and bathrooms complete the level, including a serene primary suite with a beautifully appointed, spa-like bath that feels both luxurious and restorative. An attached garage with a golf cart makes island living effortless whether cruising the village, heading to the ferry, or taking in sunset Bay walks just steps from the front door. This is a rare opportunity to own a truly special home in one of Newport Beach’s most charming and tightly held enclaves, where the Bay sparkles, the pace slows, and every day feels like a getaway.

Price History

Date
Event
Price
12/17/25
Listing
$5,095,000
04/06/21
Sold
$2,425,000
06/20/18
Sold
$2,535,000
03/05/03
Sold
$1,325,000
03/01/01
Sold
$1,250,000
08/29/00
Sold
$1,060,000
Condition Rating
Excellent

The property, built in 1972, has undergone a recent and extensive 'top to bottom' renovation, as explicitly stated in the description and visually confirmed by the high-quality images. The kitchen features modern white cabinetry, quartz countertops, and high-end Wolf and Fisher Paschal appliances. Bathrooms are updated with contemporary vanities, fixtures, and tiling, presenting a spa-like feel. White oak flooring is consistent throughout, and all light fixtures and finishes are modern. The overall condition reflects a virtually new property with no visible deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Prime Location: Situated on a coveted corner of Little Balboa Island, just steps from the shimmering bay and the vibrant Marine Avenue with its shops, cafes, and restaurants, offering an enchanting island lifestyle.
Extensive Recent Remodel: The home has been recently reimagined from top to bottom, featuring refined coastal finishes and white oak flooring throughout, ensuring a modern and luxurious aesthetic.
Seamless Indoor-Outdoor Living: Designed for effortless flow with sliding doors to outdoor seating areas, a private jacuzzi, and bifold windows that invite ocean breezes, blurring the lines between indoor and outdoor spaces.
Gourmet Chef's Kitchen: Features a grand chef’s kitchen equipped with high-end Wolf and Fisher Paschal appliances, quartz countertops, and bar seating, ideal for entertaining.
Island Lifestyle Amenities: Includes an attached garage with a golf cart, enhancing the unique and convenient island living experience for cruising the village or accessing the ferry.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2090. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2542, living area = 2450.
Limited Lot Size: The property sits on a relatively small 2,542 sqft lot, which, while typical for island properties, may limit outdoor space for some buyers.
Neighborhood View: Despite its proximity to the bay, the listed 'Neighborhood' view suggests a lack of direct, expansive water views from the main living areas, which some buyers might expect at this premium location.
High Price Point for Square Footage: With a list price of $5.095 million for 2,450 sqft, the property commands a very high price per square foot, potentially narrowing the pool of prospective buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state