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205 Garnet Ave, Newport Beach, CA, 92662

$4,595,000

4 Bedrooms
4 Full Baths
2,241 SqFt
$2,050/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Door-Multi, Garage, No Driveway, Garage Faces Rear
Attached Garage2 spaces
Year Built1979
HeatingCentral, Fireplace(s)
CoolingCentral Air
FireplaceGas, Guest Accommodations, Living Room, Primary Bedroom
ViewNeighborhood
MLS #NP24196311
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 205 Garnet Ave

Welcome to 205 Garnet Avenue, Newport Beach! Nestled in the tranquil part of Balboa Island, just north of the charming Balboa Ferry, this stunning four-bedroom, four-bathroom home offers 2,241 square feet of luxurious living space on a 2,550-square-foot lot. The home is situated on a street that is notably wider than many others in the area, providing a more spacious and open feel. The underground assessment has already been paid, adding extra value and peace of mind to this remarkable property. Recently remodeled by HGTV stars The Flipping El Moussas, this pristine home is filled with designer touches and an abundance of natural light that will leave you in awe. Step inside to discover wide plank white oak flooring that flows seamlessly throughout, offering both beauty and ease of maintenance. The chef's kitchen is a true showstopper, featuring white shaker cabinets, stunning countertops and backsplash, a custom hood vent, and high-end appliances—perfect for culinary enthusiasts. The primary suite is an impressive oasis with vaulted ceilings, a cozy fireplace, a private balcony, a large custom-tiled shower, and a new vanity. The secondary bedrooms are equally inviting, offering ample closet space and the same elegant white oak flooring. All bathrooms have been beautifully appointed with new vanities and custom-tiled showers. Embrace California's indoor/outdoor living by opening the Dutch door or enjoying your morning coffee on the spacious front patio or one of the multiple balconies. Additional features include a versatile bonus room and full bath downstairs that can be converted into a fifth bedroom. There is also a secondary entrance to the back half of the upstairs, providing an opportunity for a 1-bedroom, 1-bath attached Junior ADU rental unit if desired. With its prime location in a quiet part of the island and impeccable design, this home is perfect for entertaining or enjoying the relaxing coastal lifestyle. Don't miss out on this remarkable property—schedule your visit today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1979
  • Stories: 2
  • Living Area: 2,241 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 375-9074
  • Listing Agent: Summer Perry

Interior Features

Interior Information:

  • Appliances: Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Water Purifier, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Beamed Ceilings, Built-in Features, Balcony, Breakfast Area, Chair Rail, Ceiling Fan(s), Crown Molding, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Stone Counters, Recessed Lighting, Storage, Bar, Galley Kitchen
  • Fireplace: Gas, Guest Accommodations, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Door-Multi, Garage, No Driveway, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Level, Rectangular Lot, Sprinklers
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Bayside Drive to Balboa Island, over the bridge to Park Ave take a right, Right on Pearl to alley left, then Left on Garnet. Garnet is a one way street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,595,000
  • Price Per SqFt: $2,050/SqFt

Tax Information:

  • Annual Amount: $9,898
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

205 Garnet Ave vs Newport Beach

69 DAYS ON ROCKET

+26 Days

$4,595,000

+$1.0M More

$2,050/SqFt

+$624 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $624/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: #NP24196311

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 375-9074
  • Listing Agent: Summer Perry

IDX 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: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,898$913,179
2020$9,802$903,816
2019$9,411$886,095
2018$9,411$868,721
2017$9,244$851,688

History based on county public records data.

Payment Calculator

$23K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.8K

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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.

Nearby Schools

school-card-donut-4372898
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.16 miles

  • Public District Grades KG-6

school-card-donut-4372899
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 1.68 miles

  • Public District Grades KG-6

school-card-donut-4372900
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 1.70 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,674. Residents of Newport Beach, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 205 Garnet Ave

What is the listing price of this property?

The listing price of 205 Garnet Ave property is $4,595,000.

What type of property is this?

The property 205 Garnet Ave is a house located in Newport Beach, California, 92662.

Is this property for sale now?

Accepting Backup Offers: 205 Garnet Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,898 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 205 Garnet Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 205 Garnet Ave is 2,241 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 205 Garnet Ave is 1979.
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Rocket HomesCaliforniaOrange CountyNewport Beach92662205 Garnet Ave

This home is located at 205 Garnet Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,241 square foot home, which was built in 1979, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $4,595,000.

In November 2024 more than 9 listings in Newport Beach, CA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 48 were sold below. The number of homes for sale in Newport Beach, CA decreased by 2.5% between October 2024 and November 2024. In November 2024 median list price was $3,500,000 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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