318 Coronado Street, Newport Beach, CA 92661

$6,995,000 Asking Price

3 beds
5 baths
2,565  sqft
Built in 2023

Southern French Transitional meets beach house in this stunning custom-built Balboa Peninsula 3-bedroom plus den, 5-bath home in an unmatched location just two doors from the Bay and two blocks from the beach. This elevated corner residence offers Bay and ocean views, an abundance of indoor/outdoor living space, three-car parking, an elevator to all three levels, and handcrafted, thoughtful design throughout. The spacious front patio provides direct Bay views and leads into the main levelanchored by a large great room with a fireplace, seamlessly connected to a gourmet kitchen with high-end appliances, marble countertops, island with bar seating, and custom-made metal spiral staircasea feat of craftsmanshipascends to all three levels, with an elevator for added convenience. The second level houses two guest suites with private baths, a laundry room, and the master suite. The master retreat includes a private balcony with Bay views, an impressive bath with a walk-in shower and freestanding tub, and a large walk-in closet. The rooftop deck crowns the home, offering two separate outdoor areas for entertaining. One side features a covered seating area with a fireplace, BBQ, sink, and fridge, while the other includes a loggia with ocean and Bay views extending to Fashion Island. An enclosed seating area and bathroom between the two decks complete this luxurious rooftop experience. With a two-car garage and a valuable oversized parking pad, 318 Coronado offers an extraordinary opportunity to enjoy Balboa Peninsulas finest coastal living.

Features & Amenities

Interior

Laundry:
Laundry Room
Flooring:
Wood
A/C:
Central Forced Air
Fireplace:
FP in Living Room

Exterior

Pool:
None
Parking:
Parking spaces: 3

Construction

General:
3 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
04810328
View:
Bay,Ocean,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Arbor Real Estate, Ryan Gunderson

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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