120 Coral Avenue, Newport Beach, CA 92662
- $3,615,000
- 4
- BD
- 4
- BA
- 2,182
- SqFt
- Sold Price
- $3,615,000
- List Price
- $3,685,000
- Closing Date
- Apr 02, 2026
- Status
- CLOSED
- MLS#
- NP26040935
- Year Built
- 1990
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,182
- Lot Size
- 2,550
- Acres
- 0.06
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 15
- Property Type
- Single Family Residential
- Style
- Spanish
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Balboa Island - Main Island (Balm)
Property Description
Situated on the coveted 100 block of Coral Avenue on Balboa Island, just seven homes from the sand, 120 Coral Avenue presents a rare opportunity to own a versatile coastal property in one of the most desirable pockets of Newport Beach. The property features a 1,582± square-foot detached Spanish-style front residence, built in 1990, along with a 600± square-foot rear residence above the two-car garage, offering exceptional flexibility for rental income, guest accommodations, or extended family living. The charming front unit includes two spacious bedrooms upstairs, each with its own full bath, as well as a full bath downstairs located off of a den. The two-bedroom rear unit, paneled from floor-to-ceiling in rich pine wood, was originally constructed in the 1950s and has been thoughtfully updated over the years to meet modern living needs. Both residences underwent kitchen and bathroom updates in 2011, providing functional layouts with enduring coastal appeal. The separation between the two units allows for privacy while maintaining the charm and walkability that define Balboa Island. Carport for golf cart parking on the side of the house. Perfectly located only four streets from Marine Avenue, on one of the wider streets on the island, this property is ideal for an owner-user, investor, or anyone seeking a prime coastal location with long-term upside.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Forced Air, Wall Furnace
- Cooling Description
- None, Wall/Window Unit(s)
- View
- Harbor, Peek-A-Boo
- Exterior Construction
- Stucco
- Patio
- Front Porch, Tile
- Roof
- Clay, Tile
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Interior Features
- Built-in Features, Balcony, Central Vacuum, Separate/Formal Dining Room, All Bedrooms Up, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Nikki Gwaltney (nikki.gwaltney@compass.com) from Listing Office: Compass.
Listing sold by Katie Houlahan from Compass
Mortgage Calculator
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.