$8,750,000

Estimated payment $51,831/month

Total Views 5,709
3 Beds
5 Baths
2,429 Sq Ft
$3,602 Price per Sq Ft

Highlights

  • Beach Front
  • Golf Course Community
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 1-minute walk to Balboa Island Park

About This Home

Experience the rare privilege of waterfront living on world-famous Newport Harbor, home to more than 10,000 yachts and recreational vessels, spectacular sunsets, and year-round coastal weather. Ideally positioned on the coveted west end of South Bayfront on Balboa Island, 300 South Bayfront offers an extraordinary lifestyle with panoramic harbor views and an unmatched connection to the bay. This prime corner residence invites you to step outside and instantly enjoy the sun, ocean breeze, serenity, and vibrant waterfront atmosphere. Built in 1991, the approximately 2,429-square-foot home features three bedrooms, five baths (including two powder rooms), and thoughtfully designed living spaces with separate family rooms on both the upper and lower levels. A two-car garage with an electric vehicle charging station adds modern convenience. From your living and family rooms, enjoy front-row views of regattas, holiday boat parades, nature's sea-life and the ever-changing beauty of harbor life. The completed underground utility project enhances the setting, preserving uninterrupted sightlines free from utility poles and wires. Designed with distinctive Southwestern-inspired architecture, this exceptional bayfront property is a rare opportunity to own a truly iconic Balboa Island home.

Listing Agent

Marlys Vasterling

Lora Vance, Realtor Brokerage Email: marlys@loravance.com License #00889533 Listed on: 05/13/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 2,640 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • South Facing Home
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Bay
  • Harbor
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,429 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Tile Countertops

Flooring

  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Tax Tract Number 99
  • Assessor Parcel Number 05004211
  • $2,235 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

2,640 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05004211
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2429.00 Square Feet
  • Interior Amenities: Balcony, Unfurnished, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3602.31
  • Room Type: Walk-In Closet, Entry, Separate Family Room, Multi-Level Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Galley Kitchen
  • Bathroom Features: Tile Counters, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Double Sinks In Primary Bath
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Lighting
  • View: Bay, City Lights, Harbor, Water
  • Patio And Porch Features: Front Porch, Patio, Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage, Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Watersports, Golf, Biking, Fishing, Street Lights, Storm Drains, Sidewalks

Schools

  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 2640.00
  • Lot Size Acres: 0.0606

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Navigable Water, Seawall, Fishing in Community, Bay Front, Beach Access, Beach Front

Tax Info

  • Tax Block: 5
  • Tax Lot: 1
  • Tax Tract Number: 99
  • TaxOtherAnnualAssessmentAmount: 2235.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,928 $5,124,708 $4,535,652 $589,056
2024 $55,079 $5,024,224 $4,446,718 $577,506
2023 $53,828 $4,925,710 $4,359,527 $566,183
2022 $52,957 $4,829,128 $4,274,046 $555,082
2021 $51,974 $4,734,440 $4,190,241 $544,199
2020 $49,696 $4,685,895 $4,147,276 $538,619
2019 $48,658 $4,594,015 $4,065,957 $528,058
2018 $47,685 $4,503,937 $3,986,233 $517,704
2017 $46,840 $4,415,625 $3,908,072 $507,553
2016 $45,783 $4,329,045 $3,831,444 $497,601
2015 $45,356 $4,264,019 $3,773,892 $490,127
2014 $44,285 $4,180,493 $3,699,966 $480,527
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 For Sale $8,750,000 0.0% $3,602 / Sq Ft
03/22/2024 03/22/24 Rented $12,500 0.0% --
03/19/2024 03/19/24 Price Changed $12,500 0.0% $5 / Sq Ft
03/16/2024 03/16/24 Price Changed $12,500 -16.7% $5 / Sq Ft
01/19/2024 01/19/24 For Rent $15,000 +50.0% --
03/09/2020 03/09/20 Rented $10,000 +5.3% --
02/27/2020 02/27/20 Under Contract -- -- --
02/18/2020 02/18/20 For Rent $9,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $4,000,000 Orange Coast Title Company O
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26104573

California Regional Multiple Listing Service (CRMLS)

APN: 050-042-11

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