211 Pearl, Newport Beach, California 92662, Newport Beach, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,795,000
211 Pearl, Newport Beach, California 92662
4Beds
4Baths
2,422Sqft
2,550Lot
Year Built
1981
Close
-
List price
$3.79M
Original List price
$3.79M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25243002
Home ConditionFair
Features
Deck
Patio
View-

About this home

The best-priced opportunity on Balboa Island! Welcome to 211 Pearl Avenue, a beautifully remodeled Cape Cod–style duplex ideally located on the quiet end of Balboa Island. Blending timeless coastal charm with modern luxury, this home offers two distinct living spaces—perfect for extended family, guests, or rental income. The main residence features three bedrooms and three baths across two levels. The first floor offers an inviting elevated front patio, a fireplace-warmed living room, modern kitchen with breakfast bar, dining area, and a sunlit bedroom with private patio. Upstairs, the primary suite boasts cathedral beamed ceilings, a walk-in closet, fireplace, and private balcony, along with a guest bedroom featuring an en-suite bath. The rear unit offers a spacious one-bedroom layout with a large closet, loft area, and oversized bathroom. It also includes open beam ceilings, a bright open floor plan, an updated kitchen with eating bar, dining area, balcony, and in-unit laundry. Parking is a rare find with space for four vehicles—two in the garage and two tandem spaces. Positioned on the desirable 200 block with underground utilities and assessment fully paid, this property embodies the best of Southern California coastal living—peaceful, picturesque, and just moments from the waterfront, boutiques, and cafés that make Balboa Island truly special.

Price History

Date
Event
Price
10/21/25
Listing
$3,795,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (4 Listings)
Beds44
50%
Baths44
50%
Square foot2,4222,219
80%
Lot Size2,5502,550
50%
Price$3.79M$3.79M
50%
Price per square foot$1,567$1,954
40%
Built year19811951
80%
HOA
Days on market1564
20%
Condition Rating
Fair

Built in 1981, this duplex has undergone renovations as described, but the updates are inconsistent. While some areas like the rear unit bathroom and general flooring appear recently updated, the main unit's kitchen features dated green speckled countertops and floor tiles, and the main unit's bathroom has a distinctly older blue and white tile scheme, likely from a renovation 15-25 years ago. The property is well-maintained and move-in ready, but key areas show signs of being outdated, preventing a 'Good' rating.
Pros & Cons

Pros

Prime Location & Lifestyle: Ideally located on the quiet end of Balboa Island's desirable 200 block, with underground utilities and assessment paid, offering immediate access to the waterfront, boutiques, and cafes.
Income-Generating Duplex: Features two distinct living spaces (a 3-bed/3-bath main residence and a 1-bed rear unit), providing excellent flexibility for extended family, guests, or significant rental income potential.
Extensive Remodel & Modern Luxury: Beautifully remodeled in a Cape Cod style, blending timeless coastal charm with modern luxury, including updated kitchens and appealing aesthetics throughout.
Rare Ample Parking: Offers a significant advantage with space for four vehicles (two in the garage and two tandem spaces), a highly desirable and rare feature on Balboa Island.
Desirable Architectural Features: Includes charming elements such as an elevated front patio, multiple fireplaces, private balconies, cathedral beamed ceilings, and open beam ceilings, enhancing its overall appeal.

Cons

Lack of Views: The property explicitly states 'view: None,' which can be a notable drawback for a high-value coastal property on Balboa Island, where water or city views are often sought after.
Year Built (1981): While extensively remodeled, the 1981 construction year might imply older underlying infrastructure or systems not explicitly mentioned as updated, potentially leading to future maintenance considerations.
No Mention of Air Conditioning: The property description does not specify a cooling system, which could be a comfort concern during warmer months, especially for a high-end coastal residence.

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