126 31st Street, Newport Beach, CA 92663

$3,050,000
6
BD
5
BA
2,461
SqFt

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Sold Price
$3,050,000
List Price
$2,650,000
Closing Date
Nov 04, 2025
Status
CLOSED
MLS#
NP25229658
Year Built
1972
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,461
Lot Size
2,178
Acres
0.05
Lot Location
Corner Lot
Days on Market
5
Property Type
Single Family Residential
Style
Patio Home
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Tucked along the coveted Newport Beach Peninsula, this rare R-2–zoned duplex offers the ultimate coastal lifestyle—just 12 houses from the sand and within walking distance to the shops and dining of Lido Village, the amenities of The Landing Shopping Center, and the vibrant activity of Balboa Harbor. With R-2 zoning that permits Short-Term Lodging (property is eligible to apply for a permit), the property is as compelling for investment as it is for personal enjoyment. The upper unit lives like a private retreat, offering a spacious full kitchen, in-unit laundry, and three bedrooms—each with its own en suite bath—ideal for long-term living or premium rental opportunities. The lower unit is equally inviting with three bedrooms, two baths, and an open living area that flows seamlessly through sliding doors to a private outdoor patio. A two-car garage with laundry completes the lower level, providing both convenience and functionality. With its prime location, versatile layout, and short-term lodging potential, this property is a rare find—blending the best of lifestyle and investment in the heart of Newport Beach.

Additional Information

Appliances
Gas Oven, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling Description
None
View
Ocean, Peek-A-Boo
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Interior Features
Breakfast Bar, Ceiling Fan(s), Open Floorplan, Stone Counters, Recessed Lighting
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Heather Kidder (hkidder@arborrealestate.com) from Listing Office: Arbor Real Estate.

Listing sold by Ruben Khorsandi from Alliance Investment RE Group

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.