4 months on rocket

305 Grand Canal Unit 1, Newport Beach, CA, 92662

$949,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,157 SqFt
$440/SqFt
House

Location

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305 Grand Canal Unit 1, Newport Beach$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDirect Access, Garage
Attached Garage2 spaces
Year Built1945
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceLiving Room, Primary Bedroom, Outside
ViewCanal, Marina, Water
MLS #OC24126858
Lot Size0.06 Acres
StatusActive

About 305 Grand Canal Unit 1

New co-ownership opportunity: Own a share of this turnkey home, professionally managed by Pacaso. With stone-paved patios, a canal-side deck and a private boat mooring, this Balboa Island home feels like the south of France. Instead, it's just steps from Marine Avenue and destination restaurants. The great room features beamed wood ceilings, a fireplace and doors to the waterfront patio. A dream kitchen, with high-end appliances, separates the formal living and dining space from a family room which opens to the side patio and outdoor fireplace. The upstairs primary suite has a fireplace, deck and en suite bathroom with a soaking tub, two-sink vanity and tiled shower. The home, with easy access from the two-car garage to the Balboa Bridge, comes fully furnished and professionally decorated.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Mediterranean, Patio Home
  • Year Built: 1945
  • Stories: 2
  • Living Area: 2,157 SqFt

Listing Office:

  • Office Name: Engel & Volkers Dana Point
  • Office Phone: (949) 433-2332
  • Listing Agent: Dina Williams

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Breakfast Bar, Eat-in Kitchen, Furnished, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Canal, Marina, Water
  • Exterior: Barbecue, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive onto Balboa Island from Jamboree. Turn left on Balboa Ave. Turn left at Grand Canal. House is on the main island.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $440/SqFt
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Housing Market Comparison

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

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Newport Beach, CA

City

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

305 Grand Canal Unit 1 vs Newport Beach

149 DAYS ON ROCKET

+99 Days

$949,000

-$2.5M Less

$440/SqFt

-$987 Less

KEY TAKEAWAY

This property is $2.5M less than the Median Sold Price and $987/SqFt less 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: #OC24126858

Listing Office:

  • Office Name: Engel & Volkers Dana Point
  • Office Phone: (949) 433-2332
  • Listing Agent: Dina Williams

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: 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

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-471571
9
/10

  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 1.18 miles

  • Public District Grades KG-6

school-card-donut-471572
8
/10

  • Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.65 miles

  • Public District Grades KG-6

school-card-donut-471573
8
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.69 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,018. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 Grand Canal Unit 1

What is the listing price of this property?

The listing price of 305 Grand Canal Unit 1 property is $949,000.

What type of property is this?

The property 305 Grand Canal Unit 1 is a house located in Newport Beach, California, 92662.

Is this property for sale now?

Active Listing: 305 Grand Canal Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 305 Grand Canal Unit 1 has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 305 Grand Canal Unit 1 is 2,157 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 Grand Canal Unit 1 is 1945.

Rocket Homes›California›Orange County›Newport Beach›92662›305 Grand Canal Unit 1

This home is located at 305 Grand Canal Unit 1 in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,157 square foot home, which was built in 1945, sits on a 0.06 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $949,000.

In October 2024, from all listings sold in Newport Beach, CA there were more than 6 sold above asking price, over 52 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. Listings spent 50 days on the market in October 2024, and had a median list price of $3,475,000 during the same period.

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

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