318 Coronado Street, Newport Beach, California 92661, Newport Beach, - bed, bath

home-pic
ACTIVE$6,495,000
318 Coronado Street, Newport Beach, California 92661
3Beds
5Baths
2,565Sqft
2,100Lot
Year Built
2023
Close
-
List price
$6.5M
Original List price
$6.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25100650
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Ocean
Deck
Patio
ViewBay,City Lights,Ocean

About this home

Welcome to 318 Coronado Street, a stunning custom-built 3-bedroom, 5-bathroom home located just two doors from the bay on the coveted Balboa Peninsula. This elevated corner residence offers panoramic views of the Newport Harbor, abundant indoor/outdoor living space, three-car parking (two-car garage plus an oversized carport), and a private elevator serving all three levels. The main level features a gourmet kitchen with a large island and high-end appliances, and a large great room that flows seamlessly out to a spacious front patio with bay views. A custom metal spiral staircase—paired with the elevator—leads to the second level with two guest suites, a laundry room, and a luxurious primary suite which includes a private balcony, dual vanities, soaking tub inside a walk-in shower, and a large walk-in closet. The show-stopping rooftop deck on the third floor spans two outdoor living areas: one with covered seating, a fireplace, TV, and wet bar, and the other with open-air lounging and views stretching from the ocean to Fashion Island - all perfect for al fresco dining and entertaining. This thoughtfully designed home blends refined craftsmanship with effortless beach living in one of Newport Beach’s most desirable locations.

Nearby schools

9/10
Newport Elementary School
Public,PK-60.9mi
7/10
Horace Ensign Intermediate School
Public,7-81.2mi
7/10
Newport Harbor High School
Public,9-121.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds33
50%
Baths54
68%
Square foot2,5652,565
50%
Lot Size2,1002,625
16%
Price$6.5M$6.5M
48%
Price per square foot$2,532$2,784
48%
Built year20231999
96%
HOA
Days on market175204
40%
Condition Rating
Excellent

The property was built in 2023, featuring a gourmet kitchen with high-end appliances, luxurious bathrooms with modern fixtures, and a show-stopping rooftop deck. The images confirm the new construction and high-quality finishes throughout the house, including the kitchen, bathrooms, flooring, and light fixtures.
Pros & Cons

Pros

Prime Location: Located just two doors from the bay on the Balboa Peninsula, one of Newport Beach's most desirable locations.
Panoramic Views: Offers panoramic views of Newport Harbor, the ocean, and city lights from multiple levels, including a rooftop deck.
New Construction: Built in 2023, the property features modern construction and updated amenities.
Indoor/Outdoor Living: Seamless flow between indoor and outdoor spaces, including a spacious front patio and a show-stopping rooftop deck, perfect for entertaining.
Luxury Amenities: Features a gourmet kitchen, private elevator, luxurious primary suite, and a three-car parking (two-car garage plus an oversized carport).

Cons

Small Lot Size: The lot size is relatively small at 2,100 sqft, which may limit outdoor space for some buyers.
High Price Point: Listed at $6,495,000, the property is positioned at the higher end of the market, potentially limiting the pool of buyers.
HOA Fees: HOA fees are not mentioned, which could be a hidden cost for potential buyers.

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