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Spectacular opportunity to own a rare corner DOUBLE LOT on sought-after South Bayfront. Located on the desirable quiet end of Balboa Island, this property offers a truly unique and special chance to own one of the most dynamic pieces of real estate in all of Newport Harbor. Resting on a select corner, this massive parcel, which can be subdivided according to the City of Newport Beach, is ideally situated to afford a new owner the opportunity to build two new custom homes or one large estate with the best views in Newport Beach. The current structure is comprised of five units, including a large two bedroom “penthouse” unit upstairs, along with four additional one-bedroom units below. The picturesque location would allow the new structure(s) to capture stunning vistas of the Turning Basin, Peninsula, Pavilion, and much more. This property is one of the most uncommon finds to hit the Island market in years. Don’t miss out.
Listing agent: Donald Abrams DRE #01234323 don@abramscoastal.com, Listing office: Abrams Coastal Properties
MLS data updated 11/1/2026, 4:54:42 AM PT
Source: CRMLS, MLS #: NP18082825
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 31, 2018
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
No recordNo property-price record in this range.ZIP 92662 · Nov 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.