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Rare Opportunity on Balboa Island - Just off Marine Avenue, this nearly new residence sits on an oversized, premium lot and redefines modern coastal living. Large windows frame island views throughout, filling the home with natural light and blurring the line between indoor and outdoor space. The residence offers four en suite bedrooms, two additional powder rooms, and a layout built for both everyday living and effortless entertaining. The gourmet kitchen pairs premium appliances with refined finishes and opens to an inviting interior courtyard — a rare architectural touch that brings even more light and air into the home's center. Upstairs, the rooftop deck delivers island and water views alongside a fireplace, built-in BBQ, and outdoor TV — an entertainer's dream setting for sunset gatherings. The primary suite is a true retreat, with soaring ceilings and an expensive walk-in closet. Thoughtful details set this home apart: solar power, a private elevator servicing all three levels, an outdoor shower, EV charger, and a rare three-car garage — a coveted convenience on the island. Moments from Newport's famous beaches, Lido Island, Fashion Island, and John Wayne Airport, this is a rare chance to own one of Balboa Island's finest residences, with easy access to water sports, world-class shopping, and fine dining.
Listing agent: Kristen Peay DRE #02124345 Kris.peay@compass.com, Listing office: Compass
MLS data updated 10/17/2026, 2:09:17 AM PT
Source: CRMLS, MLS #: OC26098230
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 22, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$7,990,000Asking price recorded · Sep 22, 2026ZIP 92662 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.