Discover coastal living at its finest in this charming Balboa Island home, just 8 houses from the beach at 123 Diamond Ave, Newport Beach. This 3-bedroom, 3-bathroom residence offers 2,350 square feet of thoughtfully designed living space across three levels, embodying Southern California's laid-back lifestyle. Step into a world where small-town charm meets luxury. Balboa Island's quaint atmosphere invites you to explore the neighborhood on foot, embracing the close-knit community vibe. The open concept first floor welcomes you with a seamless flow between the family room, dining area, and kitchen. Floor-to-ceiling sliding doors in the family room flood the space with light and lead to a cozy front patio, while a fireplace adds warmth. The kitchen features double ovens, a built-in refrigerator, and an oversized island. Hand-crafted solid maple cabinetry provides ample storage and elegance. Ascend the grand spiral staircase to the second floor's oversized master suite. The bedroom basks in natural light, with a private balcony offering ocean peeks. The master bathroom boasts a deep soaking tub, spacious shower, and dual vanity with marble countertops, creating a spa-like retreat. Two additional bedrooms share a balcony with ocean glimpses and a full bath. A kitchenette with sink and refrigerator caters to guests, while a charming spiral staircase offers private access to the side patio below. The third floor reveals a versatile loft space, perfect for reading or yoga, complete with abundant light. A wet bar adds convenience, and access to the rooftop patio unveils breathtaking ocean views. Let your imagination soar as you envision endless possibilities for this outdoor oasis – from sunset cocktails to morning meditations. Additional features include a main floor laundry room and full bathroom. The home's thoughtful design maximizes both functionality and style, ideal for everyday living and entertaining. Located in the heart of Balboa Island, this home offers the perfect blend of privacy and community. Enjoy beach strolls, explore local boutiques and eateries, or relax on your private patios and balconies. With its prime location and luxurious amenities, 123 Diamond Ave presents a rare opportunity to own a slice of paradise in one of Southern California's most coveted coastal communities. Experience the magic of Balboa Island living – where every day feels like a vacation, and the beauty of the coast is always just steps away.
Property Details
Property Features
Property Information:
Architectural Style: Patio Home
Year Built: 1995
Stories: 3
Living Area: 2,354 SqFt
Listing Office:
Office Name: Allison James Estates & Homes
Office Phone: (951) 553-9997
Listing Agent: Shannon Munoz
Interior Features
Interior Information:
Interior: Loft
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Ocean
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Virtual/3D Tour
Virtual Tour: 123 Diamond Ave
Virtual Tour
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Cooling: Central Air
Other
Directions Information:
Directions: Jamboree, slight right onto Marine Ave, turn right onto Park Ave, turn left onto Diamond Ave
Price Information
Listing Price Info
Price Summary:
List Price: $4,495,000
Price Per SqFt: $1,910/SqFt
Tax Information:
Annual Amount: $11,396
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $1.0M more than the Median Sold Price and $483/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SW24126272
Listing Office:
Office Name: Allison James Estates & Homes
Office Phone: (951) 553-9997
Listing Agent: Shannon Munoz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 07, 1994
Nov 07, 1994Home Sold
$440,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,396
$1,055,566
2020
$11,286
$1,044,743
2019
$10,834
$1,024,258
2018
$10,835
$1,004,175
2017
$10,643
$984,486
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.40 miles
Public District Grades KG-6
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.44 miles
Public District Grades KG-6
7
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.90 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.61 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school4.20 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.76 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.64 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.19 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.33 miles
The neighbors living near this home have an average income of $89,674. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 123 Diamond Ave
What is the listing price of this property?
The listing price of 123 Diamond Ave property is $4,495,000.
What type of property is this?
The property 123 Diamond Ave is a house located in Newport Beach, California, 92662.
Is this property for sale now?
Active Listing: 123 Diamond Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,396 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 7, 1994 for $440,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 123 Diamond Ave has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 123 Diamond Ave is 2,354 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 123 Diamond Ave is 1995.
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This home is located at 123 Diamond Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,354 square foot home, which was built in 1995, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $4,495,000.
In October 2024 more than 6 listings in Newport Beach, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 52 were sold below. Between September 2024 and October 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 2.6%. While the average time on the market in October 2024 was 50 days, the median list price was $3,475,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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